Discover the charm of this historic three-story brick schoolhouse, perfectly situated just off Highway 74. Once a place of learning, this distinguished building was thoughtfully transformed into modern apartments in the 1970s. Under new ownership since 2016, it has undergone extensive renovations, updates, and stylish remodels, blending timeless architecture with contemporary comfort.
Nestled in a peaceful setting, this inviting and tranquil property offers residents a serene retreat from the bustle of daily life. The building maintains a strict non-smoking and non-vaping policy throughout, ensuring a clean and healthy environment for all.
For the safety and peace of mind of our community, all prospective residents aged 18 and older are required to present a valid government-issued photo ID and successfully complete a background check prior to move-in. Step inside and experience a unique blend of history, comfort, and community your new home awaits!
No additional fees added to rent bill!
12-month leases only. No short-term leases.
We do not accept Section 8 Housing.
Apartment for rent
Special offer
$1,000/moFees may apply
407 Lebanon St, # 3, Lizton, IN 46149
2beds
900sqft
Price may not include required fees and charges. Learn more|
Apartment
Available Fri Nov 6 2026
Cats, small dogs OK
Air conditioner, central air
Parking lot parking
Central, electric
What's special
Historic three-story brick schoolhousePeaceful settingInviting and tranquil propertyTimeless architecture
- 39 days |
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central, Electric
Cooling
- Air Conditioner, Central Air
Appliances
- Included: Freezer, Garbage Disposal, Oven, Range, Refrigerator
Features
- Flooring: Carpet, Vinyl
- Windows: Screens
Interior area
- Total interior livable area: 900 sqft
Property
Parking
- Parking features: Parking Lot
- Details: Contact manager
Features
- Patio & porch: Patio
- Exterior features: Lighting
Lot
- Features: Level, Private
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment
Utilities & green energy
- Utilities for property: Garbage
Building
Details
- Building name: Waveland Place Apartments
Management
- Pets allowed: Yes
Community & HOA
HOA
- Amenities included: Laundry, Parking
Location
- Region: Lizton
Financial & listing details
- Lease term: One Year Lease
Price history
| Date | Event | Price |
|---|---|---|
| 7/6/2026 | Listed for rent | $1,000$1/sqft |
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| 6/24/2026 | Listing removed | $1,000$1/sqft |
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| 6/19/2026 | Listed for rent | $1,000+25%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/24/2026 | Listing removed | $800$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/23/2026 | Price change | $800-11.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/21/2026 | Price change | $900+12.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/30/2026 | Price change | $800-5.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/27/2026 | Listed for rent | $850-5.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/23/2025 | Listing removed | $900$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/12/2025 | Listed for rent | $900$1/sqft |
Source: Zillow Rentals Report a problem | ||
Neighborhood: 46149
Nearby schools
GreatSchools rating
- 8/10North Salem Elementary SchoolGrades: PK-5Distance: 5.5 mi
- 9/10Tri-West Middle SchoolGrades: 6-8Distance: 0.7 mi
- 9/10Tri-West Senior High SchoolGrades: 9-12Distance: 0.7 mi
There are 2 available units in this apartment building
- Special offer! Pre-lease your apartment now and receive a $250 move-in credit.
With limited availability we suggest interested applicants apply early. Now accepting applications for August and Fall availability.
Offer available for a limited time only.Expires July 31, 2026







