$251,100
Last sold price
- 2 Beds
- 1 Bath
718 E Walnut St, Lebanon, IN 46052
Est. Refi. Payment $1,593/mo*
Refinance Your HomeCurrently Off Market - Sold Apr 10, 2026 for $251,100 (3% below list price)
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
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0.42 | Multi-Family Home | $283,775 | 02/09/26 | 5 | 3 | - | |
0.94 | Multi-Family Home | $110,000 | 03/17/26 | 2 | 1 | - | |
0.56 | Multi-Family Home | $399,000 | 11/10/25 | 8 | 5 | - | |
6.91 | Multi-Family Home | $210,000 | 10/03/25 | 4 | 2 | - | |
6.80 | Multi-Family Home | $288,000 | 09/03/26 | 5 | 3 | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.06 | $305,500 | 3 | 2 | 1,552 | Off Market | |
0.07 | $315,000 | 3 | 2 | 1,583 | Recently Sold | |
0.07 | $252,200 | 3 | 2.5 | 1,492 | Off Market | |
0.09 | $256,900 | 3 | 2 | 2,187 | Off Market | |
0.08 | $232,500 | 2 | 1.5 | 997 | Off Market | |
0.07 | $338,600 | 3 | 2 | 1,583 | Off Market | |
0.10 | $212,900 | 3 | 2 | 1,458 | Off Market | |
0.08 | $202,900 | 3 | 1 | 1,004 | Off Market | |
0.08 | $305,500 | 3 | 2 | 1,552 | Off Market | |
0.11 | $209,900 | 3 | 1 | 2,066 | Off Market | |
0.11 | $230,000 | 3 | 1.5 | 1,092 | Off Market |
Local Information
-- mins to
Home Highlights
Multi-Family
Built in 1920
About this House
Turnkey 5-Unit Investment Opportunity in Rapidly Growing Lebanon! Great opportunity to acquire a 5-unit multifamily property in one of Central Indiana's fastest-growing markets. This property features a strong unit mix of two 2-bedroom/1-bath units and three 1-bedroom/studio units, offering diverse rental income potential and broad tenant appeal. Located just minutes from the transformational LEAP District, this asset is positioned to benefit from the massive $9+ billion investment by Eli Lilly and Company, expected to bring thousands of jobs and drive long-term population growth and housing demand in the area. Lebanon is quickly emerging as a major employment hub with expanding infrastructure, new development, and increasing rental demand. This property offers investors the opportunity to get in ahead of continued appreciation and rent growth. Whether you're looking to stabilize and hold for cash flow or execute a value-add strategy, this asset provides strong upside potential in a supply-constrained rental market. Highlights: 5 total units (2 - 2BR units, 3 - 1BR/studio units) Strong rental demand with room for rent increases Located near major economic development corridor (LEAP District) Positioned for long-term appreciation and cash flow growth Easy access to I-65 and Indianapolis metro Don't miss your chance to invest in a market on the rise.
718 E Walnut St, Lebanon, IN 46052 is a 2 bedroom, 1 bathroom multi-family built in 1920. It last sold for $251,100 on Apr 10, 2026 (3% below the $260,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $1,299/month.
Last check for updates: about 6 hours ago
Listed by Terry Young, (765) 335-1905
Red Bridge Real Estate
Bought with: Ken Yoder, Hoosier, REALTORSยฎ
Source: MIBOR as distributed by MLS GRID, MLS#22092698

Home Details for 718 E Walnut St
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MLS Status: Sold |
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Beds & Baths Number of Bedrooms: 2Number of Bathrooms: 1 |
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Frontage Road Frontage: Access Rd |
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Cumulative Days on Market: 2 |
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Year Built Year Built: 1920 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family, Quadruplex |
Building Not a New Construction |
Property Information Parcel Number: 061131000001062002 |
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Price List Price: $260,000 |
Status Change & Dates Off Market Date: Thu Apr 02 2026Possession Timing: Close Of Escrow |
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Direction & Address City: LebanonCommunity: Evans Addn |
School Information Jr High / Middle School: Lebanon Middle SchoolHigh School: Lebanon Senior High SchoolHigh School District: Lebanon Community School Corp |
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Lot Area: 5227.2 sqft |
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Special Conditions: As Is |
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Mls Number: 22092698 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Apr 10, 2026 Source: MIBOR as distributed by MLS GRID #22092698 | Sold | $251,100 |
Apr 2, 2026 Source: MIBOR as distributed by MLS GRID #22092698 | Pending | $260,000 |
Apr 1, 2026 Source: MIBOR as distributed by MLS GRID #22092698 | Listed For Sale | $260,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,790 | $170,400 |
Home facts updated by county records
Market trends in Lebanon
Last updated August 2026
Avg. sale price
$287K
$14.67KMoM
Sale-to-List Price
98.9%
0.1%MoM
Price per sq ft
$175
$2MoM
Available listings
89
9MoM
Around this home
What Locals Say about Lebanon
At least 103 Trulia users voted on each feature.
86 % Say parking is easy
84 % Say car is needed
84 % Say there are sidewalks
83 % Say it's dog friendly
82 % Say yards are well-kept
78 % Say kids play outside
73 % Say there's holiday spirit
67 % Say people would walk alone at night
54 % Say streets are well-lit
50 % Say neighbors are friendly
49 % Say they plan to stay for at least 5 years
47 % Say it's walkable to restaurants
47 % Say it's quiet
46 % Say it's walkable to grocery stores
33 % Say there's wildlife
29 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-21 01:07:54 PDT. 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. Some IDX listings have been excluded from this website. Click here for more information
Frequently asked questions about 718 E Walnut St
- What is the price history for 718 E Walnut St?718 E Walnut St in Lebanon, IN last sold for $251,100 in April 2026.
- Is Lebanon a buyer's or seller's market?Lebanon is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Lebanon?The median sale price in Lebanon is $287K. That is down $14.67K from the prior month.
- What do residents say about Lebanon?Residents describe Lebanon, IN as easy to park in, pedestrian-friendly, and dog-friendly. See recently sold homes in Lebanon, IN.

