728 Powell St

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Baths
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Sq. Ft.
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per Sq. Ft.

Description

A rare multifamily find in the heart of Lebanon. A perfect opportunity to live in one unit and rent the other for passive income! The main floor is a 3 bedroom 1 bath unit with a spacious living room, nice eat in kitchen and back laundry room that opens to the back deck overlooking the creek! Upstairs is a long term tenant occupied 2 bedroom 1 bath unit. The upstairs has an open concept living, dining, kitchen layout that wraps around to each bedroom. This picturesque house offers up a wraparound...A rare multifamily find in the heart of Lebanon. A perfect opportunity to live in one unit and rent the other for passive income! The main floor is a 3 bedroom 1 bath unit with a spacious living room, nice eat in kitchen and back laundry room that opens to the back deck overlooking the creek! Upstairs is a long term tenant occupied 2 bedroom 1 bath unit. The upstairs has an open concept living, dining, kitchen layout that wraps around to each bedroom. This picturesque house offers up a wraparound front porch and large back deck for relaxation. The HVAC has all been updated in recent years. Just minutes from everything that downtown Lebanon has to offer. See the video tour today!
  1. Listed by Jordan Moody • Keller Williams Indpls Metro N
    P: (317)-846-6300 jordan@moodycompany.com

Property Details for 728 Powell Street

Architectural Style
TraditonalAmerican
Subdivision Name
Lane & Davis
Township
Center
Waterfront Features
Creek
Waterfront
Yes
LISTING CLOSED: 05/30/2025 12:00 AM

Property Details for 728 Powell Street

StatusClosed
MLS #22024976
Days on Market5
Taxes$2,024 semi-annually
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1960
Lot Size0.14 AC / 6,098 SF
CountyBoone County

Location

Listing Courtesy of Keller Williams Indpls Metro N

Sold By Keller Williams Indpls Metro N

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Virtual Tour

Building Information for 728 Powell Street

Stories-Residences2Year Built1960Building Size-Lot Size0.14 AC / 6,098 SF

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$1,396 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,059

Property Taxes

$337

HOA Dues

$0

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Property Information for 728 Powell Street

Summary
Location and General Information
  • City: Lebanon
  • County Or Parish: Boone
  • Directions: GPS Friendly
  • Postal Code: 46052
  • Postal Code Plus4: 2049
  • Road Access: Frontage Road,Street Cuts
  • Road Frontage Type: City Street
  • State Or Province: IN
  • View: City
  • View: Yes
Taxes and HOA Information
  • Parcel Number: 061036000025009002
  • Semi Annual Property Tax Amt: 2024
  • Tax Exemption: None
  • Tax Year: 2023
  • TaxLot: 19
School Information
  • School District: Lebanon Community School Corp
Owner
  • Owner Pays: No Utilities, Taxes
Virtual Tour
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Apt<20
  • Lot Description: Access, Sidewalks
  • Lot Size Square Feet: 6098.0
  • Lot Size Acres: 0.14
  • New Construction: False
  • Possible Use: Apt<20
  • Structure Type: Duplex
  • Year Built Numeric: 1960
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • DPRYN: No
  • Legal Subdivision: Lane & Davis Lot 19
  • Photos Count: 31
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Road Surface Type: Asphalt
  • Transaction Type: Sale
  • Buyer Financing: Conventnl Ins
Green Features
  • Green Certification: No
Utilities
  • Building Utilities: Municipal Storm Connected,Sewer,Water
  • Solid Waste: No
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Exterior Features: Barn Mini
  • Foundation Details: Block, Crawl Space, Partial
  • Roof: Asphalt
Interior Features
  • Basement Description: Partial, Unfinished
  • Basement YN: Yes
  • Heating: Forced Air
  • Levels: Two
  • Laundry Features: Connections All
  • Multi Baths: 2
  • Multi Beds: 5
Multi Family
Multi-Family Information
  • Total Units: 2
  • Garage Parking: 2 Car Space, On Street
Income & Expenses
  • Expenses: 0
  • Net Operating Income: $24,600.00
  • Gross Income: $24,600.00
Unit 1
  • Unit Kitchen: 14x10
  • Unit Levels: 1
  • Unit Miscellaneous: Eat In Kitchen,Lndry Conn,Range/Oven,Refrigerator
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Cntrl Air,Fuel Gas,Heat Forced,Hot Wtr Gas
  • Unit Type Type: 3 Bedroom
Unit 2
  • Unit Kitchen: 12x08
  • Unit Levels: 1
  • Unit Miscellaneous: Eat In Kitchen,Lndry Conn,Range/Oven,Refrigerator
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Cntrl Air,Fuel Gas,Heat Forced,Hot Wtr Gas
  • Unit Type Type: 2 Bedroom
Rental
Rental Information
  • Tenant Pays: All Utilities

Property History for 728 Powell Street

DateEvent & SourcePriceAppreciation
May 30, 2025

Sold

MIBORMLS #22024976

$212,500—
Apr 29, 2025

Pending

MIBORMLS #22024976

—
Apr 25, 2025

Listed (Active)

MIBORMLS #22024976

$210,000—
DateEvent & SourcePrice
05/30/2025

Sold

MIBORMLS #22024976

$212,500
04/29/2025

Pending

MIBORMLS #22024976

—
04/25/2025

Listed (Active)

MIBORMLS #22024976

$210,000

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

Public Records for 728 Powell Street

Taxable ValueLand$12,100Additions$214,900Total$227,000
Tax Record2025$2,664 ($222 / month)
Home Facts
Baths2Total Finished SqFt2,508 SqFtAbove Grade Finished SqFt2,508 SqFtUnfinished Basement SqFt806 SqFtStories1Lot Size6,098 SqFtStyleDuplexYear Built1960Year Renovated1960ZoningZO01CountyBOONEAPN06-10-36-000-025.009-002

Schools near 728 Powell Street

This home is within Lebanon Community School Corp.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - 7 to 12
Rating
School
Distance
Hattie B Stokes Elementary School
PublicPK to 5

Lebanon Middle School
Public6 to 8

Lebanon Senior High School
Public9 to 12

James E Davis School
Private7 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

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Keller Williams Indpls Metro N

Based on information submitted to the MLS GRID as of 06/04/2025 06:04 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.