Dreaming of wide-open spaces and peaceful country living? Welcome to 195 S 500 W in Lebanon — your next chapter begins here! Situated on 5.38 beautiful acres, this inviting property offers room to roam, space to grow, and a home that truly feels like home. Inside, you’ll find 3 spacious bedrooms, a den off the main bedroom perfect for a home office or playroom, and 2 bathrooms designed for both function and comfort. The living room is warm and welcoming, with just the right touch of natural light. Whether you're hosting holidays or enjoying quiet evenings in, this home fits the rhythm of country life. Outside is where the magic really happens — multiple outbuildings provide endless opportunities for storage, hobbies, animals, or even that dream workshop you’ve been planning. There are two lifts in the air-conditioned 3-bay shop, which has both forced-air and radiant heat, PLUS a half bath and epoxy floor. The rustic barn already has a horse stall ready to go. There’s plenty of room for gardens, 4-H projects, or just stretching out under Indiana skies. And for the little ones? A playground is already in place, ready to inspire imagination and outdoor fun. Located just minutes from downtown Lebanon with quick access to I-65, you’ll enjoy the best of both worlds — peaceful country living with everyday conveniences nearby. This is more than a property… it’s a lifestyle. Come see what country life can look like — 195 S 500 W is calling!
Closed
$574,900
195 S 500 West Est, Lebanon, IN 46052
3beds
1,566sqft
Single Family Residence
Built in 1940
5.38 Acres Lot
$588,700 Zestimate®
$--/sqft
$2,587 Estimated rent
Home value
$588,700
$536,000 - $648,000
$2,587/mo
Zestimate® history
Owner options
List your home for rent
$2,587/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,587/mo
Rent Zestimate®
Refinance and save
$3,514/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$3,514/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Multiple outbuildingsWide-open spacesRoom for gardens
Zillow last checked:
Listing updated:
Listed by:
Jennifer Luce 219-462-2224,
Realty Executives Premier
Bought with:
KBOR NonMember
NonMember KBOR
Source: IRMLS,MLS#: 202527026
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bedrooms: 3
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Kitchen
- Level: Main
- Area: 30962
- Dimensions: 137 x 226
Living room
- Level: Main
- Area: 40386
- Dimensions: 254 x 159
Office
- Level: Main
- Area: 17056
- Dimensions: 82 x 208
Heating
- Propane, Radiant, Propane Tank Owned, High Efficiency Furnace
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Microwave, Refrigerator, Iron Filter-Well Water, Electric Range, Water Filtration System, Tankless Water Heater, Water Softener Owned
Features
- Ceiling Fan(s), Laminate Counters, Pantry
- Flooring: Carpet, Laminate
- Windows: Window Treatments, Blinds
- Basement: Cellar,Block,Sump Pump
- Has fireplace: No
Interior area
- Total structure area: 1,723
- Total interior livable area: 1,566 sqft
- Finished area above ground: 1,566
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Attached, Gravel
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Exterior features: Play/Swing Set, Basketball Goal
- Fencing: Woven Wire,Wood
Lot
- Size: 5.38 Acres
- Features: 3-5.9999, Pasture, Rural
Details
- Additional structures: Barn(s), Pole/Post Building
- Parcel number: 060605000017.001011
- Other equipment: Satellite Equipment, Sump Pump
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Metal
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Electric: REMC
- Sewer: Septic Tank
- Water: Well
Green energy
- Energy efficient items: HVAC
Community & HOA
Community
- Subdivision: None
Location
- Region: Lebanon
Financial & listing details
- Annual tax amount: $2,764
- Date on market: 7/11/2025
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 8/18/2025 | Sold | $574,900 |
Source:  IRMLS #202527026 Report a problem | ||
| 8/15/2025 | Pending sale | $574,900 |
Source: IRMLS #202527026 Report a problem | ||
| 7/11/2025 | Listed for sale | $574,900 |
Source: IRMLS #202527026 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 46052
Nearby homes
- $659,0003 bd2 ba1.5k sqft195 S 500 W, Lebanon, IN 46052Off Market
- $1,017,300-- bd1 ba900 sqft225 S 500 W, Lebanon, IN 46052Off Market
- $328,0003 bd1 ba1.2k sqft210 S 500 W, Lebanon, IN 46052Off Market
- $692,3003 bd2 ba1.9k sqft4718 W 50 S, Lebanon, IN 46052Off Market
- $459,7003 bd2 ba1.8k sqft354 S 500 W, Lebanon, IN 46052Off Market
- $596,6002 bd2 ba1.4k sqft55 N 500 W, Lebanon, IN 46052Off Market
- $1,480,500-- bd-- ba-- sqft55 N 500 W, Lebanon, IN 46052Off Market
- $6,100-- bd-- ba-- sqft4716 W 50 S, Lebanon, IN 46052Off Market
Nearby schools
GreatSchools rating
- 8/10Granville Wells Elementary SchoolGrades: PK-6Distance: 5.8 mi
- 6/10Western Boone Jr-Sr High SchoolGrades: 7-12Distance: 3 mi
Schools provided by the listing agent
- Elementary: Granville Wells
- Middle: Western Boone Jr/Sr
- High: Western Boone
- District: Western Boone County Community S.D.
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$588,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$588,700
- Indiana
- Boone County
- Lebanon
- 46052
- 195 S 500 West Est
Nearby cities
Nearby zip codes
Other Lebanon Topics
