Listing courtesy of Raeco Realty · Listing agent: Grant Thompson

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1015 N Lebanon Street

$750,000

$58.99 / sq ft

Lebanon, IN 46052

  • Basement
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Bathrooms
21
Lot
0.63 ac
Year built
1920
Type
Other
Listed
September 17, 2026
MLS #
202638543

About this home

Welcome to 1015 N Lebanon St, a unique property in the heart of Lebanon, Indiana. For the past 26 years, this property has served as a group home for young women. Prior to that, it served as an assisted living facility. The original dwelling was built in 1920, and features over 4400 square feet of space. In 1965, the building was added onto, adding an additional 8300 square feet, bringing the total to over 12,700 feet. The property features 18 spacious bedrooms, all with full attached bathrooms. It also houses a commercial kitchen, complete with a gas range, vented hood, numerous sinks, and a nice-sized pantry. It also boasts a large dining room, several living/common areas, office space, a laundry room with hookups for 3 washers and 3 dryers, and several rec rooms that could be used for a variety of purposes. The original home rests on a full unfinished basement with the addition on a slab. The buildings sit on a 0.63 acre lot and 18 on site parking spaces are included. Prospective buyers will appreciate several updates like newer furnaces and ac units as well as a brand new roof that was installed in 2025. The property is zoned R6, which allows for numerous uses. Please see the attached matrix provided by the City of Lebanon for potential uses. Don’t miss out on the opportunity to own this one of a kind property in an incredible Central Indiana location.

Property details

Interior

Stories
3
Finished area above grade
12,715 sq ft
Basement
Full, Unfinished
Flooring
Vinyl, Brick
Heating
Electric, Natural Gas, Forced Air
Cooling
Central Air, Multiple Cooling Units

Exterior & parking

Construction
Metal Siding, Wood Siding
Roof
Shingle
Parking
Parking Lot, Off Street
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot size (acres)
0.63 ac
Lot dimensions
.63 A
County
Boone County
Township
Center
Road frontage
City Street
Platted
Yes
Planned unit development
No
Directions
I-65 S TO SR 32 TO LEBANON ST

Taxes & terms

Tax year
2026
Tax exemptions
Tax Exempt
Tax abatement
Yes
Listing terms
Cash, Conventional
Possession
DOc
Parcel number
06-10-25-000-028.000-002

Included in the sale

Included in sale
Building

Utilities

Water
City, Public
Sewer
Public Sewer
Utilities
Electric Hook-Up, Gas Hook-Up
Gas provider
CenterPoint Energy

Income & commercial

Parking spaces
28
Water meters
3
Ceiling height
8

Location

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$750,000

21 baths