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494 Drexel Ave

Lebanon, OH 45036

3 bd 1 ba 1,104 sqft Built 1954 Lot 9,996 sqft single_family
Most recent sale
$179,000
Sep 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 6, 2022 Sold $179,000 Public Record
Jul 16, 2022 Listed $184,900 MLS #1746640
Nov 19, 2012 Sold $94,500 Public Record
Nov 7, 2012 Listing removed $96,900 Cincinnati
Aug 28, 2012 Listing removed $96,900 Dayton
Jul 18, 2012 Listed $96,900 MLS #1321739
Jul 11, 2001 Sold $93,000 Public Record
Jul 3, 1996 Sold $81,000 Public Record
Dec 14, 1992 Sold $38,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $42,040 $15,420 $57,460 $2,336
2024 $42,040 $15,420 $57,460 $2,386
2023 $35,770 $7,585 $43,355 $916
2022 $30,471 $7,585 $38,056 $1,832
2021 $30,471 $7,585 $38,056 $1,732
2020 $25,823 $6,426 $32,249 $1,738
2019 $25,823 $6,426 $32,249 $1,746
2018 $25,823 $6,426 $32,249 $1,497
2017 $25,018 $6,006 $31,024 $1,605
2016 $25,018 $6,006 $31,024 $1,656
2015 $25,018 $6,006 $31,024 $1,668
2014 $23,380 $5,614 $28,994 $1,623
2013 $23,380 $5,614 $28,994 $1,561
2012 $23,380 $5,614 $28,994 $1,506
2011 $24,182 $5,912 $30,094 $1,522
2010 $24,182 $5,912 $30,094 $1,376
2009 $24,181 $5,911 $30,093 $1,369
2008 $26,285 $6,426 $32,711 $1,340
2007 $26,285 $6,426 $32,711 $1,379

Property facts

Year built
1954
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,104 sqft
Lot size
9,996 sqft
ZIP code
45036
City
Lebanon
Street
Drexel Ave
Coordinates
39.44152, -84.19618

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,656
Gross rental yield
11.10%
Implied cap rate
7.22%
Trend-extrapolated value

Frequently asked questions

When did 494 Drexel Ave last sell?
494 Drexel Ave most recently sold on Sep 6, 2022 for $179,000.
What is the current tax assessment for 494 Drexel Ave?
The most recent total assessment for 494 Drexel Ave (year 2025) is $57,460 with $2,336 in property tax.
How does 494 Drexel Ave's assessment compare to its last sale price?
The current assessment is 67.9% below the last sale price of $179,000.
When was 494 Drexel Ave built?
494 Drexel Ave was built in 1954.
How does 494 Drexel Ave compare to others on Drexel Ave?
We track 8 other properties on Drexel Ave. Browse the list under "Other properties on Drexel Ave" to compare beds, baths, and sale history.
What are the property facts for 494 Drexel Ave?
494 Drexel Ave is a 3 bed, 1 bath, 1,104 sqft, 9,996 sqft lot single_family.
Is 494 Drexel Ave a flip candidate?
No — 494 Drexel Ave does not appear in our flips dataset.
Is 494 Drexel Ave a tax-appeal candidate?
No — 494 Drexel Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.6%
Implied 1-yr
+10.2%
2026 Q3
$475.2K
2026 Q4
$485.6K
ZIP 45036 — Median Price History + Forecast

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