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Property profile & analytics

4540 State Rd 32 Lebanon, IN 46052-9605

  • Commercial real estate
  • 7,120 SF
  • 0.98 lot acres
OFF-MARKET
Last Sale
Apr 11, 2025
$270,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US31-2384964
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 4540 State Rd 32

Year built
1980
Construction
METAL FRAME
Lot size
0.98 lot acres
Property size
7,120 SF
Zone code
ZO01
Property type
Commercial real estate
APN
06-11-35-000-006.000-001
APU
61135000006000001

Description

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 space, complemented by three 13-foot insulated garage doors, ensuring easy access for equipment and materials. Durable concrete floors throughout the main area add to the practicality of the space. A dedicated 20' x 12' paint booth is included, ideal for various finishing processes. For added flexibility, a non-load-bearing wall separates the manufacturing area from the office and a separate apartment space, allowing for potential expansion or reconfiguration to suit specific needs. The barn benefits from a dual heat source, while the living area/apartment includes air conditioning. The property is being sold in its current "as-is" condition. This versatile property is perfect for a variety of industrial or commercial uses.


Value Estimations

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Location Insight

  • Map
  • Local Demand
City
Lebanon
County
Boone
State
Indiana
Longitude
-86.3837
Latitude
40.0399
CBSA code
26900
CBSA name
INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,460
$34,300
$66,000
$100,300
-
$34,300
$66,000
$100,300
More about this property
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