117 W Ash St

$290,000
Price
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Beds
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Baths
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— / Sq. Ft.
—
Sq. Ft.
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per Sq. Ft.

Description

Beautifully maintained triplex close to downtown Lebanon. Roof is 8 years old, along with one unit having HVAC under one year old and another unit HVAC is 8 years old. Two units offer 2 bedroom and 1 bath spaces, while the third is a one bedroom/1 bathroom unit. Home offers a great opportunity to afford an investment property that is fully occupied in quickly growing Lebanon. Rental properties are in high demand due to multiple large development projects that will be ongoing for several years to...Beautifully maintained triplex close to downtown Lebanon. Roof is 8 years old, along with one unit having HVAC under one year old and another unit HVAC is 8 years old. Two units offer 2 bedroom and 1 bath spaces, while the third is a one bedroom/1 bathroom unit. Home offers a great opportunity to afford an investment property that is fully occupied in quickly growing Lebanon. Rental properties are in high demand due to multiple large development projects that will be ongoing for several years to come. This was once an individual residence and could be converted back to a single family home, if desired. Schools, shopping, hospital, and park are all easily accessible. Don't miss out on the opportunity to own this great home!

Property Details for 117 West Ash Street

Subdivision Name
No Subdivision
Township
Center
LISTING UPDATED: 12/17/2025 05:34 PM

Property Details for 117 West Ash Street

StatusActive
MLS #22066559
Days on Market77
Taxes$1,669 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1950
Lot Size0.12 AC / 5,227 SF
CountyBoone County

Location

Listing Courtesy of Batts Real Estate Group
Add your commute

Building Information for 117 West Ash Street

Stories-Residences3Year Built1950Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

$1,711 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,433

Property Taxes

$278

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 117 West Ash Street

Summary
Location and General Information
  • City: Lebanon
  • County Or Parish: Boone
  • Directions: GPS Friendly
  • Postal Code: 46052
  • Postal Code Plus4: 2799
  • Road Access: Not Applic
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 061036000011026002
  • Semi Annual Property Tax Amt: 1669
  • Tax Year: 2024
  • TaxLot: 20
School Information
  • High School: Lebanon Senior High School
  • Middle Or Junior School: Lebanon Middle School
  • School District: Lebanon Community School Corp
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Residential
  • Lot Size Square Feet: 5358.0
  • Lot Size Acres: 0.12
  • New Construction: False
  • Year Built Numeric: 1950
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: Yes
  • DPRYN: Yes
  • Legal Subdivision: Hedge's Addition 89' Off N1/2 Of Lot 20 2006 Land Contract With Levi Michael Deaton
  • Photos Count: 34
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Transaction Type: Sale
Utilities
  • Solid Waste: Yes
Multi Family
Multi-Family Information
  • Total Units: 3
Income & Expenses
  • Expenses: 5500
  • Gross Income: $23,400.00
Unit 1
  • Unit Kitchen: 110
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 1 Bedroom
Unit 2
  • Unit Kitchen: 117
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
Unit 3
  • Unit Kitchen: 169
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly

Property History for 117 West Ash Street

DateEvent & SourcePriceAppreciation
Oct 4, 2025

Listed (Active)

MIBORMLS #22066559

$290,000—
Jun 5, 2000

Sold

MIBORMLS #9926403

$47,000—
May 31, 2000

Pending

MIBORMLS #9926403

—
Jul 14, 1999

Listed (Active)

MIBORMLS #9926403

$59,900—
DateEvent & SourcePrice
10/04/2025

Listed (Active)

MIBORMLS #22066559

$290,000
06/05/2000

Sold

MIBORMLS #9926403

$47,000
05/31/2000

Pending

MIBORMLS #9926403

—
07/14/1999

Listed (Active)

MIBORMLS #9926403

$59,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 117 West Ash Street

Taxable ValueLand$11,500Additions$151,900Total$163,400
Tax Record2024$3,338 ($278 / month)
Home Facts
Baths3Total Finished SqFt2,170 SqFtAbove Grade Finished SqFt2,170 SqFtStories2Lot Size5,358 SqFtStyleTriplexYear Built1950ZoningZO01CountyBOONEAPN06-10-36-000-011.026-002

Schools near 117 West Ash Street

This home is within Lebanon Community School Corp.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - 8 to 12
Rating
School
Distance
Hattie B Stokes Elementary School
PublicK to 5

Lebanon Middle School
Public6 to 8

Lebanon Senior High School
Public9 to 12

Central Indiana Teen Challenge
Private8 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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117 West Ash Street is a multi-family home for sale in Lebanon, IN 46052. This property was listed for sale on October 4, 2025 by Batts Real Estate Group, it's currently listed at $290,000. It has been on the market for a total of 77 days and was last sold on June 5, 2000. This listing's school district is Lebanon Community School Corp. Nearby schools include Hattie B Stokes Elementary School, Lebanon Middle School and Lebanon Senior High School. 117 West Ash Street is a 0-bed, 0-bath, multi-family home built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Batts Real Estate Group

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/20/2025 03:56 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.