195 S 500 W Rd Lebanon, IN 46052
Property details
About 195 S 500 W Rd
Dreaming of wide-open spaces and peaceful country living? Welcome to 195 S 500 W in Lebanon — your next chapter begins here! Situated on 5.38 beautiful acres, this inviting property offers room to roam, space to grow, and a home that truly feels like home. Inside, you’ll find 3 spacious bedrooms, a den off the main bedroom perfect for a home office or playroom, and 2 bathrooms designed for both function and comfort. The living room is warm and welcoming, with just the right touch of natural light. Whether you're hosting holidays or enjoying quiet evenings in, this home fits the rhythm of country life. Outside is where the magic really happens — multiple outbuildings provide endless opportunities for storage, hobbies, animals, or even that dream workshop you’ve been planning. There are two lifts in the air-conditioned 3-bay shop, which has both forced-air and radiant heat, PLUS a half bath and epoxy floor. The rustic barn already has a horse stall ready to go. There’s plenty of room for gardens, 4-H projects, or just stretching out under Indiana skies. And for the little ones? A playground is already in place, ready to inspire imagination and outdoor fun. Located just minutes from downtown Lebanon with quick access to I-65, you’ll enjoy the best of both worlds — peaceful country living with everyday conveniences nearby. This is more than a property… it’s a lifestyle. Come see what country life can look like — 195 S 500 W is calling!
Highlights
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Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Flooring Type: Carpet, Laminate
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Gravel
- Exterior: Vinyl
- Architectural Style: Ranch
- Heating: Propane, Radiant
- Cooling: Central Air
- List Price: $574,900
- Price/SqFt: $367
- Lot: Pasture
- Directions: From I65, west on SR32, south on county rd 500 W. Home is on the left.
- Year Built: 1940
- Lot Size: 5.38 Acres
- MLS Number: 202527026
- Office Name: Realty Executives Premier
- Listing Agent: Jennifer Luce
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). 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. ©2011-2025 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/30/2025, 4:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Nearby schools
3
Harney Elementary School
Public District KG-5
4.7 mi
•1500 Garfield St
7
Central Elementary School
Public District KG-5
5.3 mi
•515 E Williams St
4
Hattie B Stokes Elementary School
Public District KG-5
5.6 mi
•1005 Hendricks Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $77,273. Most Lebanon, IN residents have annual incomes between $35k-100k. The most common type of family is married, with kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hunting
NASCAR
Figure Skating
Where do the neighbors shop?
Academy Sports & Outdoors
Bass Pro Shops
Wal-Mart
Where do the neighbors go to eat?
Jimmy Johns
Hardee's
Applebees
What do the neighbors drive?
Chevrolet
GMC
Ram
What do the neighbors listen to?
New Country
Classic Country
Oldies
Frequently asked questions
About 195 S 500 W Rd
The listing price of 195 S 500 W Rd property is $574,900.
The property 195 S 500 W Rd is a house located in Lebanon, Indiana, 46052.
Accepting Backup Offers: 195 S 500 W Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 195 S 500 W Rd are: Harney Elementary School (GreatSchools Rating 3/10), Central Elementary School (GreatSchools Rating 7/10), Hattie B Stokes Elementary School (GreatSchools Rating 4/10), Lebanon Middle School (GreatSchools Rating 5/10), Tri-West Middle School (GreatSchools Rating 8/10), Zionsville West Middle School (GreatSchools Rating 7/10), Western Boone Jr-Sr High School (GreatSchools Rating 5/10), Lebanon Senior High School (GreatSchools Rating 7/10), Tri-West Senior High School (GreatSchools Rating 7/10).
The property at 195 S 500 W Rd has 3 bedrooms and 2 full and 1 half bathrooms.
The year of construction for 195 S 500 W Rd is 1940.
This home is located at 195 S 500 W Rd in Lebanon, IN and zip code 46052. This home, which was built in 1940, sits on a 5.38 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 11, 2025 and is currently priced at $574,900.
Over 6 listings were sold over their listed price in June 2025 in Lebanon, IN. In the same period over 16 listings were sold below the listed price and 6 listings were sold for the listed price. The inventory of homes for sale in Lebanon, IN between May and June 2025 decreased by 13.4%. While the average time on the market in June 2025 was 12 days, the median list price was $282,500.