Financial
Distress signals
Property profile

4540 State Rd 32 Lebanon, IN 46052

OFF-MARKET
Commercial real estate
Property ID
US31-2384964
7,120 SF 0.98 ac lot Built 1980
Last sale Apr 2025 · $270,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 7,200 square foot industrial property presents a unique investment opportunity. Situated on a two-acre lot at 4540 E State Road 32 in Lebanon, Indiana, this strategically located building enjoys convenient access, positioned midway between I-65 and US 421, approximately four miles east of Lebanon. The property features a spacious barn-style structure with a recently updated roof (installed four years ago) and blown-in insulation. High ceilings (14 feet) provide ample vertical

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$1k
Tax billed · 2023
Assessed value$100k
Assessed land$34k
Assessed improvement$66k
Effective rate1.46%

Value estimate

· Sep 2026
$245k
$221k – $270k
AI approach$255k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$65/SF
ZIP average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$33 – $99

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
ZO01
JurisdictionBOONE

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand index
Auto Repair Shop8.5
Furniture Store8.2
Kitchen & Bath7.8

Location

4540 State Rd 32 Lebanon, IN 46052-9605
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
115 Main, Lebanon, IN 46052-2522 $275,000 Jul 2024 5,658 SF
124 Lebanon, Lebanon, IN 46052-2151 $495,000 Apr 2023 11,520 SF
522 Indianapolis, Lebanon, IN 46052-2633 $32,500 Jan 2023 4,874 SF
1345 State Rd 47, Lebanon, IN 46052-8910 $250,000 Nov 2022 7,371 SF
2775 State Rd 47, Lebanon, IN 46052-8163 $450,000 May 2022 5,000 SF
1334 Main, Lebanon, IN 46052-2326 $590,080 Sep 2021 10,584 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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