Single-engine piston

N555LB

2021 Homebuilt LB-1

Registered 1 NTSB/FAA record
Built
2021
Serial
01
Class
Single-engine piston
Engines
Lycoming O-360-A4P
Status
Current as of October 2026
Registered owner
Individual · sign in to see
Based
Lexington, KY
N555LB 2021 Homebuilt LB-1
N555LB, from its for-sale listing.
Registration record

N555LB on the FAA register

Type
2021 Homebuilt LB-1
Serial
01
Engines
Lycoming O-360-A4P
Registered owner
Individual — the name of an individual registrant is shown to signed-in users. Sign in
Lexington, KY
Certificate issued
2025-06-03
Airworthiness date
2021-11-27
Registration expires
2032-06-30
Airworthiness class
Experimental · amateur-built
Mode S (hex)
A712FA
Mode S (octal)
51611372
Seats (type)
2
Weight class
up to 12,499 lb
Status
Current as of October 2026
Registry history

Timeline

  • 2032-06-30
    Registration expires (renewal due).
  • 2026-09-27
    Listed for sale on Trade-A-Plane at $72,500.
  • 2025-06-03
    Certificate of registration issued as N555LB to the current registrant.
  • 2021-12-15
    Accident at Haines, AK; damage: substantial.
  • 2021-11-27
    Airworthiness date on the current FAA record (experimental category (amateur-built)).
  • 2013-04-18
    N555LB previously assigned to a Learjet 24 (s/n 177); cancelled.
Overview

About N555LB

N555LB is a 2021 Homebuilt LB-1, serial number 01. It is registered to an individual in Lexington, Kentucky. The current certificate of registration was issued on June 3, 2025 and expires on June 30, 2032.

The FAA aircraft reference file describes the type as a single-engine piston, one Lycoming O-360-A4P engine and 2 seats. Its airworthiness certificate is experimental category (amateur-built), dated November 27, 2021.

N555LB has 1 accident/incident record on file (most serious damage: substantial); details are below.

Market

Listing history

SourceFirst seenLast seenAsking
Trade-A-Plane 2026-09-272026-09-27$72,500

Asking prices from public listings, not confirmed sale prices.

Safety record

Accident & incident history

2021-12-15 Accident · Haines, AK Damage: Substantial NTSB · ANC22LA011
Reported aircraft: Larry Bingham LB-1
Probable cause: A partial loss of engine power for reasons that could not be determined based on available information, which resulted in a precautionary landing and impact with snow.

Sources: NTSB aviation accident database and CAROL case system, FAA preliminary accident & incident notices. Search accident records

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Browse: Aircraft registered in Kentucky· Registry by state· FAA registry stats

Data: FAA Aircraft Registry (October 2026), including deregistered aircraft; NTSB and FAA accident data; fyiAero listing history. Individual owners' names are shown to signed-in users and street addresses are never shown. Type figures are published specifications, not this aircraft's.