Lebanon Properties between $500,000 and $600,000 for Sale

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Newest Lebanon Properties between $500,000 and $600,000 for Sale

$575,000

4 Beds ⋅ 3 Baths ⋅ 22123448 MLS

Welcome home to this beautiful 4-bedroom, 2.5-bathroom residence, perfectly situated in the highly desirable Chadwick Village neighborhood. Offering a great floor plan that balances functional daily living with effortless entertaining, this home is packed with character and fantastic updates. Step inside to find gorgeous hardwood floors that run through multiple living spaces, giving your family plenty of room to spread out. The formal living area features eye-catching vaulted ceilings and exposed beams, creating a warm airy atmosphere. The oversized family room is made for movie night with room for a cozy couch and a short walk to the kitchen. Working from home is a breeze thanks to the dedicated home office, providing a quiet space to focus. At the heart of the home is a beautiful custom kitchen, complete with durable granite countertops and ample cabinet space for all your cooking needs. 4 bedrooms make up the second floor each with their own charm. The sprawling primary suite offers a spa like bathroom with soaking tub, walk in shower, and plenty of closet space. The outdoor space is a true highlight of the property. The fully fenced-in backyard feels like your own private park. It is the perfect setup for kids, pets, or weekend barbecues. Best of all, is the location, positioned within a short walk or ride from all of Lebanon's great amenities.

2205 Grant Boulevard, Lebanon

$595,000

3 Beds ⋅ 3 Baths ⋅ 22116491 MLS

My Oh My! 3 bedroom, 2 1/2 bath brick ranch on 3 gorgeous acres with beautiful mature trees in rural Lebanon/Jefferson Township! 2400 square feet of living area. Big kitchen with massive amounts of cabinet and counter space and the prettiest white oak hardwood flooring flows nicely into the 17x15 dining room which also has white oak hardwoods. The truly great, Great Room (28x21) w/fireplace has French Doors leading to a 12x 20 Pergola perfect for country cookouts and relaxing. All bedrooms have walk-in closets. Large 15x8 Laundry/Utility room with washer/dryer. As you approach the front door you'll enjoy the 10x31 covered front porch. The 28x24 attached garage and the 28x33 detached garage (that has an insulated/heated/cooled 10x17 back room den/office) provide for incredibly useful areas for cars, mowers, storage, workshop, and whatever you need! The attached garage is heated and has a pull down stair for attic access. A little added bonus: both the attic and crawl space are lighted. And there is plenty more to see and enjoy, but you'll just have to come for a visit - you won't regret it...!

1025 N 500 W, Lebanon

$529,900

202613176 MLS

Just 3 miles from Eli Lilly’s transformative new $14.5 billion Lebanon campus, this remarkable 16.7-acre property presents an extraordinary opportunity to establish a private estate in one of Indiana’s most dynamic and rapidly expanding growth corridors. Positioned in a highly desirable location where long-term value and development momentum continue to accelerate, this property offers both immediate enjoyment and lasting investment potential. Nestled within a peaceful, natural landscape, the acreage blends gently rolling open ground, mature hardwood timber, and picturesque Prairie Creek frontage to create a setting that is both beautiful and highly functional. The diverse terrain offers an ideal balance of open space for building, recreation, or hobby farm potential, while the wooded acreage provides privacy, character, and a scenic backdrop rich with wildlife. Seasonal wildflowers, towering trees, and the calming presence of water create an atmosphere that feels secluded and restorative, offering the rare sensation of a countryside retreat without sacrificing convenience. Despite its tranquil setting, this property is strategically located just minutes from Interstate 65, providing seamless access to Indianapolis, Lebanon, and surrounding communities. Shopping, dining, schools, and essential services are all within easy reach, making this an ideal setting for those seeking privacy without isolation. What truly separates this offering from many land opportunities is that much of the critical groundwork has already been completed. Approved septic conditions, installed 400-amp electric service, established access, and a recorded minor plat significantly reduce the uncertainty, time, and expense often associated with raw land development. This property is exceptionally well-positioned for immediate progress toward your vision. Whether you envision a luxury custom home, equestrian estate, recreational haven, or private legacy property, this versatile acreage provides the freedom to build with confidence. In an area experiencing unprecedented economic growth and increasing demand, opportunities to secure land of this caliber are becoming increasingly rare. This is more than a homesite—it is a chance to create something truly exceptional in a premier location.

4681 N 350 W, Lebanon

$500,000

3 Beds ⋅ 2 Baths ⋅ 22107089 MLS

Welcome to peaceful country living on 4 beautiful acres! This move-in ready home has been thoughtfully updated and is ready for its next owners. Step outside and enjoy not one, but two amazing concrete patios, front and back. They are perfect for relaxing, entertaining, or simply soaking in the serene surroundings. The enclosed porch connects seamlessly to the garage via breezeway, and the old summer kitchen serves as fantastic bonus storage space. The impressive metal roof is only 5 years old, providing long-lasting durability and peace of mind. Inside, you'll find fresh paint (2024), carpet just 4 years old, a brand new oven (2025), and a new washer and dryer (2025). The mechanical breaker box was also replaced in 2025, and the beautiful patio landscaping was completed in 2025. The well and septic are only 4 years old -major ticket items already done for you! Energy costs are a dream here with an incredibly low electric bill. Car or hobby enthusiasts will love the attached garage, and the massive barn offers endless possibilities for storage, animals, equipment, or your next big project. This property truly has it all: space, updates, charm, and the tranquility of country living. Don't miss your chance to call this one home!

2055 W 600 S, Lebanon

$598,000

5 Beds ⋅ 4 Baths ⋅ 22103089 MLS

Step into timeless character blended seamlessly with modern luxury in this completely updated 5-bedroom, 3.5-bath home! Featuring striking masonry siding and a large welcoming front porch, covered back deck, and open patio, this property offers exceptional curb appeal and unforgettable charm from the moment you arrive. Inside, you'll fall in love with the beautiful, stunning open staircase, and spacious layout designed for both everyday living and entertaining. The updated kitchen is a showstopper with a tray ceiling, elegant quartz countertops, stainless steel appliances, and a convenient drawer microwave. The finished attic bonus room provides endless possibilities for a home office, playroom, media room, or guest retreat. Downstairs, the finished basement expands your living space even further with a sink, cabinetry, refrigerator, and a full bathroom - ideal for entertaining, multi-generational living, or a private guest suite. Located 2 blocks to the downtown library, restaurants, and local attractions, this home combines historic charm, modern updates, and unbeatable convenience in one incredible package!

409 E Washington Street, Lebanon

$549,900

5 Beds ⋅ 4 Baths ⋅ 22099504 MLS

SELLER IS NOW OFFERING CLOSING COSTS OR RATE BUYDOWN INCENTIVES! This is the one you've been waiting for! Tucked away in the highly desirable Brendan Wood neighborhood, is a STUNNING, FULLY REMODELED 5-bedroom, 4-bath ranch offering incredible living space, custom character, & golf course views-all on a beautifully landscaped corner lot! From the moment you arrive, this home makes an impression. Mature trees frame the property, & the covered front porch provides the perfect spot to relax & take in the golf course views. Inside, nearly every detail has been thoughtfully reimagined, creating a home that feels fresh & luxurious while retaining the warmth & character that make it truly unique. The oversized primary suite is a retreat all its own, featuring THREE closets, including a walk-in, & a gorgeous spa-inspired bath with a freestanding soaking tub & oversized luxury shower. A 2nd private ensuite is ideal for guests or multigenerational living, while 2 additional bedrooms share a beautifully updated Jack & Jill bath. Then there's the kitchen! Designed to be anything but ordinary, this showstopper features a reclaimed red oak island crafted from a retired school workbench-a conversation piece with history & character you simply can't replicate. A separate wall oven, electric cooktop, generous counterspace, & stylish finishes complete this warm & sophisticated space. With multiple living & entertaining areas, there's room for everyone here. Cozy up around the wood-burning fireplace in the family room, host dinner in the formal dining room with outdoor access, spread out in the separate living room, or make the incredible flex space your home office, hobby room, or even a possible 6th bedroom. Its striking wormy hemlock details add yet another custom element you won't find in a cookie-cutter home. Outside, the peaceful landscaped patio is ready for summer evenings, morning coffee, and entertaining friends. A deep 2-car garage, separate laundry/mudroom, updated electri

2004 Terrace Lane, Lebanon

$529,900

22095678 MLS

Just 3 miles from Eli Lilly's transformative new $14.5 billion Lebanon campus, this remarkable 16.7-acre property presents an extraordinary opportunity to establish a private estate in one of Indiana's most dynamic and rapidly expanding growth corridors. Positioned in a highly desirable location where long-term value and development momentum continue to accelerate, this property offers both immediate enjoyment and lasting investment potential. Nestled within a peaceful, natural landscape, the acreage blends gently rolling open ground, mature hardwood timber, and picturesque Prairie Creek frontage to create a setting that is both beautiful and highly functional. The diverse terrain offers an ideal balance of open space for building, recreation, or hobby farm potential, while the wooded acreage provides privacy, character, and a scenic backdrop rich with wildlife. Seasonal wildflowers, towering trees, and the calming presence of water create an atmosphere that feels secluded and restorative, offering the rare sensation of a countryside retreat without sacrificing convenience. Despite its tranquil setting, this property is strategically located just minutes from Interstate 65, providing seamless access to Indianapolis, Lebanon, and surrounding communities. Shopping, dining, schools, and essential services are all within easy reach, making this an ideal setting for those seeking privacy without isolation. What truly separates this offering from many land opportunities is that much of the critical groundwork has already been completed. Approved septic conditions, installed 400-amp electric service, established access, and a recorded minor plat significantly reduce the uncertainty, time, and expense often associated with raw land development. This property is exceptionally well-positioned for immediate progress toward your vision.

4681 N 350 W, Lebanon

$529,900

5 Beds ⋅ 3 Baths ⋅ 22050156 MLS

**To all Buyers looking for a Great Purchase, this HOME just UPDATED in July of 2026 flooring in the home and Master Bath Vanities and some other amenities to make this the catch of the season.** It's 2026, and this spacious ranch-style home has so much to offer! The main living area features a loft space perfect for any purpose you can imagine. Located in a positively growing city with a highly desirable school district, this property boasts more lot space than most. The list of upgrades is impressive: new stainless steel fridge and gas stove (2023), new roof (2023), new hot water heater (2025), HVAC (2023), an outdoor fire pit (2024) for summer nights, and a fireplace with a mantle (2024) for cozy evenings. With 5 bedrooms, 3 full baths, hardwood floors in a couple rooms, tall ceilings, a 2-car garage, and a fenced backyard with a newly stained fence and a carpeted patio, this home has it all. Make time in your schedule to come see it!

2018 Elizaville Road, 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.