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

$525,000

4 Beds ⋅ 3 Baths ⋅ 22115613 MLS

Have you always dreamed of living in the country with some acreage? A rare opportunity for a 2,500+ single story home with a large detached garage/pole barn (With Heat and Electricity). Out in the country but close to everything! Enjoy the cool evenings with a cup of coffee from your private back porch. Plenty of living space with 4 bedrooms and 3 full bathrooms, a kitchen that flows into the Great Room. The fenced area behind the garage to let the dogs run. Move in ready with many updates and upgrades!

6215 S 275 E, Lebanon

$569,900

3 Beds ⋅ 3 Baths ⋅ 22116190 MLS

Lovely well maintained and recently renovated brick ranch in popular Brendan Wood. The spacious kitchen with many wonderful features such as center breakfast bar, Kraft Maid cabinets, quartz counter tops and tile backsplash add charm. If you love to cook this renovated kitchen floor plan is just the right amount of open access to living room that allows the owners room for entertaining. You also will love the generous family room size great for relaxing or watching the wildlife from the rear windows overlooking the huge yard. Primary bedroom with walk in closet and beautiful in mint condition owners bath with walk in glass enclosed shower and double sinks. Additional 2 bedrooms with hardwood floors equal in size and also be used as a home office. All appliances convey. New roof in 2024. Beautiful well maintained landscaping and large lot all add charm to this lovely Brendan Wood property. Call your agent today for a showing of this lovely property. Property is part of an estate.

2109 Center Drive, Lebanon

$530,000

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

$569,900

5 Beds ⋅ 4 Baths ⋅ 22099504 MLS

SELLER IS OFFERING CLOSING COSTS OR RATE BUYDOWN INCENTIVES! Tucked away in Lebanon's highly desirable Brendan Wood neighborhood, this stunning FULLY REMODELED ranch is anything but ordinary! Situated on a spacious corner lot and a half with mature trees, beautiful landscaping, and golf course views from the large covered front porch, 2004 Terrace Lane offers the perfect blend of luxury, character, and space. Featuring 5 bedrooms, 4 full baths, and an expansive layout filled with custom details, this home has been thoughtfully updated from top to bottom - no room left untouched! The oversized primary suite feels like a private retreat with THREE closets, including a large walk-in closet, plus a spa-inspired bath with a freestanding soaking tub and oversized luxury shower. Guests will love the private ensuite bedroom, while the Jack-and-Jill bedrooms and additional hall bath offer beautifully updated, modern finishes throughout. The gourmet kitchen is truly one-of-a-kind, showcasing a reclaimed red oak island crafted from a retired school workbench, separate wall oven, electric cooktop, and stylish finishes that blend warmth and sophistication. Multiple living spaces include a cozy family room (or a spacious breakfast nook!) with wood-burning fireplace, formal dining room with outdoor access, separate living room, and a flex room/office/possible 6th bedroom featuring striking wormy hemlock details you won't find anywhere else. Step outside to enjoy the peaceful, landscaped patio perfect for entertaining or relaxing. Additional updates include updated electrical with overhead lighting throughout the main living areas, including modern recessed lighting with integrated nightlight features, a deep 2-car garage, separate laundry/mud room, and TWO new heat pump furnaces with transferable 10-year warranties. This spacious, custom home is truly a rare find in one of Lebanon's most established neighborhoods!

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

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

$529,000

22089653 MLS

Ooooohhhhhh this is a good one! Check out this 22.2AC+/- tract of fertile ground, surrounded by a handful of pretty homesites and miles of farmland, keeping it one of those rare places where you can hear yourself think! Sitting in a PERFECT SW Lebanon location, this is a SWEET spot for a magnificent homesite. While it might feel "off the grid," it really is just 4 minutes from I-65, 3 miles southwest of the Leap District & within 10 minutes to either Whitestown or downtown Lebanon, so you'll always have that quiet country vibe you craze; but a gallon of milk won't be far away & the commute to anywhere will be easy. Bring your horses, chickens, fruit trees, kids, dogs, hobbies & building plans to escape density, traffic, noise and overbearing HOAs. Stake your claim & take the first step toward turning your dream into a reality. Hustle, because they ain't making land anymore, especially not in Boone County, Indiana! ** This parcel has being extracted from a larger parent parcel and will have an updated legal description prior to closing. Property taxes reflect the total parcel and will adjust down in the 2026 tax year ** GPS TO 4330 S 100 E for directions.

0000 S 100 E, Lebanon

$549,900

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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IDX information is provided by the Indiana Regional MLS and is exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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IDX information provided by the Indiana Regional MLS