Lebanon Real Estate Search

Lebanon Properties between $450,000 and $500,000 for Sale

Our website features the best real estate search for between $450,000 and $500,000 properties available in Lebanon and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official REALTOR®’s database every 15 minutes. 

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Newest Lebanon Properties between $450,000 and $500,000 for Sale

$450,000
4 Beds 3 Baths 22119059 MLS
EXTENSIVELY UPDATED BRICK RANCH WITH MAJOR SYSTEM UPGRADES, BARN, CAR LIFT NO HOA! This is NOT your typical older home-an extensive renovation has transformed this property with many of the expensive updates buyers are looking for already completed. Enjoy comfortable one-level living with 4 bedrooms, flex room, 3 full baths, and approximately 2,233 square feet of living space on a .56-acre lot. The home has undergone significant improvements, including updated electrical, plumbing, drywall, added insulation, luxury vinyl flooring, cabinetry, granite countertops, lighting, bathroom updates, tankless water heater, fireplace insert, windows, and more. A 400-amp electrical service upgrade adds exceptional versatility for today's needs. Outdoor and hobby enthusiasts will appreciate the barn, car lift, hot tub, newer decks, paver walkway, and additional outdoor improvements. Whether you are looking for space for vehicles, hobbies, projects, or simply want the convenience of a property with substantial improvements already completed, this home offers features that are difficult to find. With major updates completed over the years-including a newer roof, furnace, windows, electrical and plumbing improvements, tankless water heater, remodeled living spaces, and outdoor upgrades-this property offers the character of an established home combined with many of the benefits buyers want from a renovated property. NO HOA! Conveniently located near Lebanon while offering room to enjoy your home, hobbies, and outdoor space. Come see the value, versatility, and extensive improvements this unique property has to offer!

3490 S 50 E, Lebanon

$475,000
3 Beds 2 Baths 22118003 MLS
Welcome to this beautifully updated modern ranch in the highly desirable Chadwick neighborhood-best of all, no HOA! Thoughtfully renovated inside and out, this home combines timeless style with extensive recent improvements, offering exceptional value and peace of mind. A beautifully tiled entry welcomes you into the spacious great room, highlighted by a stunning stone fireplace featuring a new gas fireplace insert, a new ceiling fan, and abundant natural light. The remodeled kitchen is sure to impress with custom cabinetry, quartz countertops, tile backsplash, tiled flooring, and newer appliances. Just beyond, the bright four-season solarium provides the perfect space to relax, entertain, or work from home year-round. The seller purchased this home with plans to make it her own and has invested significantly over the past year to enhance both its comfort and value. However, after spending 65 years in a country home, she realized her heart was still in the country, creating a wonderful opportunity for the next owner. Recent improvements include a new HVAC system, luxury vinyl plank flooring throughout the living room, bedrooms, and closets, fresh interior paint throughout (including closets), a new storm/security front door, new garage entry door, new gas fireplace insert, new great room ceiling fan, new toilets in both bathrooms, new blinds, new mini-split system in the solarium, and a new white vinyl privacy fence enclosing the backyard. The beautifully updated primary suite features a spa-like bath with a programmable heated tile floor, while the hall bath has also been tastefully renovated. Additional major improvements include a newer roof, gutters, skylight, water heater, water softener, and updated kitchen finishes, making this home truly move-in ready.

1006 Barry Drive, Lebanon

$474,900
5 Beds 4 Baths 22111722 MLS
Welcome to the Johnstown by D.R. Horton, America's Builder-a residence that redefines spaciousness and modern luxury. Boasting an impressive 3,062 square feet, this home is designed to accommodate every aspect of a busy lifestyle with its 5 generous bedrooms, 3.5 bathrooms, and a versatile 3-car garage that provides ample room for vehicles and storage alike. The main level is a masterclass in functional design. A rare first-floor bedroom offers the perfect setup for guests or multi-generational living, while a dedicated flex room near the entrance provides a quiet space for a home office or formal library. The heart of the home is the stunning kitchen, a chef's dream featuring a massive center island, endless countertop workspace, and a large corner pantry. This culinary hub flows seamlessly into the abundantly-sized great room and dining area, creating an ideal environment for large gatherings. Upstairs, the living space is equally impressive. The primary suite serves as a true sanctuary, complete with a deluxe ensuite bathroom and the luxury of two separate walk-in closets. Three additional bedrooms surround a massive open loft, providing a second living area for movies or play. A centrally located laundry room completes the upper level for ultimate convenience. To ensure peace of mind, the Johnstown includes America's Smart Home Technology, featuring a video doorbell, Honeywell thermostat, and Deako light package. Photos may be representative of home and vary as built.

926 Beverly Drive, Lebanon

$469,900
3 Beds 2 Baths 22107338 MLS
Welcome to your private oasis! Situated on a stunning, wooded 1.25-acre lot, this beautifully updated home seamlessly blends modern luxury with nature. Step inside to a bright, open floor plan designed for effortless entertaining. The heart of the home is the custom Zinn kitchen (remodeled in 2021), featuring elegant, contrasting dual-tone cabinets with soft-close drawers, premium quartz countertops, a dedicated coffee bar with extra storage, and a massive central island facing the main living area that is perfect for gathering family and friends. The expansive primary suite serves as a true retreat, boasting dramatic cathedral ceilings, ample closet space and private doors that open directly to the back patio. The second full bath has a newer vanity with quartz counter. Need space to work or play? A spacious, flexible bonus room makes the perfect home office, exercise room, or hobby studio. The incredibly private, wooded backyard is an outdoor lover's dream, offering a gorgeous paver patio with a custom pergola for shaded relaxation, a dedicated fire pit area for cozy evenings under the stars, a fun and whimsical treehouse with ambient lighting, and a detached shed fully equipped with electricity, heat, and A/C that is ideal for a workshop, art studio, or gym. Rest easy knowing major updates are already done, including a newer roof, exterior paint, attic fan, sump pump, encapsulated crawlspace, and PEX plumbing (all updated in 2023), plus updated windows. Brand new gutters 2026! Centrally located with an easy commute to Lafayette, Lebanon, Brownsburg, and Indianapolis, this home truly has it all.

3985 N 350 W, Lebanon

$489,900
22104065 MLS
7984 W State Road 32, Lebanon, IN 46052 - Prime Commercial Opportunity This versatile commercial property, built in 2003, now includes the adjacent parcel on the north side for a total of approximately 2.3 acres (combined). It offers excellent visibility and access along the heavily traveled State Road 32 corridor in Lebanon, Indiana. The building provides approximately 2,100 square feet of flexible space, ideal for retail, office, service, medical, or light industrial uses. Its strategic location combines strong road frontage with proximity to major growth drivers in Boone County. Location & Accessibility Highlights High Traffic Exposure: Positioned directly on SR 32 (a major east-west artery), the property benefits from substantial daily traffic volumes. SR 32 in the Lebanon corridor carries significant Average Annual Daily Traffic (AADT), with counts historically ranging from approximately 17,000 to 22,000 vehicles per day in the broader study area, providing outstanding visibility for customers, clients, and employees. Proximity to Eli Lilly's Explosive Growth: The site sits within just a couple of miles of Eli Lilly's massive LEAP Research and Innovation District developments along SR 32. Lilly has committed billions in investments here, including the recent groundbreaking and ongoing expansion of the Lilly Medicine Foundry (a $4.5+ billion facility), advanced therapies manufacturing, and API production sites. These projects are generating thousands of high-skilled jobs, attracting supporting businesses, and driving rapid economic and population growth in the immediate area. This expanded site positions the property perfectly to capitalize on the surging demand from Lilly employees, contractors, and the broader supply chain ecosystem in one of Indiana's fastest-growing corridors. Whether you're looking for a turnkey business location or a development site with strong commercial potential, 7984 W State Road 32 (including the northern parcel) delivers u

7984 W State Road 32, Lebanon

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Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.