2005 Terrace Ln
Lebanon, IN 46052
3 bd 2 ba 1,870 sqft Built 1962 Lot 15,246 sqft single_family
Most recent sale
$375,000
May 6, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 6, 2022 | Sold | $375,000 | Public Record |
| May 3, 2022 | Sold | $375,000 | MIBOR |
| Apr 1, 2022 | Price changed | $399,900 | MLS #21841808 |
| Mar 19, 2022 | Listed | $409,900 | MLS #21841808 |
| Sep 22, 2021 | Sold | $240,000 | Public Record |
| Dec 22, 2015 | Sold | $37,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $333,400 | $52,100 | $385,500 | $6,855 |
| 2024 | $333,400 | $52,100 | $385,500 | $7,267 |
| 2023 | $281,000 | $52,100 | $333,100 | $6,907 |
| 2022 | $163,700 | $52,100 | $215,800 | $4,397 |
| 2021 | $146,100 | $52,100 | $198,200 | $2,129 |
| 2020 | $136,700 | $52,100 | $188,800 | $1,996 |
| 2019 | $131,500 | $52,100 | $183,600 | $1,842 |
| 2018 | $126,300 | $52,100 | $178,400 | $1,894 |
| 2017 | $106,900 | $52,100 | $159,000 | $1,590 |
| 2016 | $106,900 | $52,100 | $159,000 | $1,665 |
| 2015 | $100,800 | $52,100 | $152,900 | $1,520 |
| 2014 | $95,600 | $52,100 | $147,700 | $3,331 |
| 2013 | $92,500 | $52,100 | $144,600 | $3,191 |
| 2012 | $96,600 | $52,100 | $148,700 | $3,208 |
| 2011 | $109,400 | $52,100 | $161,500 | $3,376 |
| 2009 | $116,700 | $52,100 | $168,800 | $3,556 |
| 2008 | $128,200 | $23,900 | $152,100 | $2,860 |
Property facts
Year built
1962
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,870 sqft
Lot size
15,246 sqft
ZIP code
46052
City
Lebanon
Street
Terrace Ln
Coordinates
40.06493, -86.46876
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,805
Gross rental yield
8.98%
Implied cap rate
5.83%
Trend-extrapolated value
—
Frequently asked questions
When did 2005 Terrace Ln last sell?
2005 Terrace Ln most recently sold on May 6, 2022 for $375,000.
What is the current tax assessment for 2005 Terrace Ln?
The most recent total assessment for 2005 Terrace Ln (year 2025) is $385,500 with $6,855 in property tax.
How does 2005 Terrace Ln's assessment compare to its last sale price?
The current assessment is 2.8% above the last sale price of $375,000.
When was 2005 Terrace Ln built?
2005 Terrace Ln was built in 1962.
How does 2005 Terrace Ln compare to others on Terrace Ln?
We track 8 other properties on Terrace Ln. Browse the list under "Other properties on Terrace Ln" to compare beds, baths, and sale history.
What are the property facts for 2005 Terrace Ln?
2005 Terrace Ln is a 3 bed, 2 bath, 1,870 sqft, 15,246 sqft lot single_family.
Is 2005 Terrace Ln a flip candidate?
Yes — 2005 Terrace Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 2005 Terrace Ln a tax-appeal candidate?
No — 2005 Terrace Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.5%
Implied 1-yr
+1.9%
2026 Q3
$310.9K
2026 Q4
$312.3K
ZIP 46052 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Terrace Ln