Active

1015 N Lebanon Street

Other/Unknown • 106Y Old
$750,000 Listed 2 weeks ago
0.63 Acres
Basement
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Property Description

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.

Directions

I-65 S TO SR 32 TO LEBANON ST

Property
MLS # 202638543
Date Listed 2026-09-17
Status Active
Property Type Commercial
Property SubType Other/Unknown
New Construction No
Type Other/Unknown
Basement Yes
Year Taxes Payable 2026
Year Built 1920
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Days on Market 17
Homestead Year No
Room Dimensions
Den 1 × 12715 Level
Master Bedroom 2086 × 0 Level
3rd Bedroom 21 × 3 Level
External Features
Construction Other/Unknown
Lot Size 27,443 sq ft
Acreage 0.63 Acres
Lot Dimensions .63 A
Fence None
Location
Area Boone County
County Boone
Subdivision None
Township Center
City Lebanon
State IN
Zip 46052
Financial
Assoc. Dues $0.00
Contact

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MLS# 202638543
Listing Provided Courtesy of Grant Thompson
Raeco Realty

Listing updated September 17, 2026 at 6:15 pm
Last checked 7 minutes ago

IDX information provided by the Indiana Regional MLS. IDX information is provided exclusively for 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.