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$314,900

516 W Royal St Lebanon, IN 46052

5 beds
2 full
0.2 acres
$135 / sqft
House

Property details

About 516 W Royal St

**Still available for showings, accepting back-up offers!** Welcome to a thoughtfully updated 5BD/2BA home nestled in a quiet neighborhood in the heart of Lebanon. This home has everything you are looking for! Offering space, comfort, and convenience for everyday living. With 2,334 sqft, the layout is ideal for flexible living, featuring two bedrooms on the main level and three upstairs. Hardwood laminate floors add warmth to the main living areas, while plush carpet upstairs creates cozy retreats. The entire house is freshly painted and no detail was left untouched. The kitchen shines with all new appliances with a R/O system added at the sink. It flows effortlessly into the living and dining spaces—perfect for hosting meals or game nights. There is plenty of room to stretch out whether it is in extra den/living space off of the dining room, or travel to the front of the house where the large inviting living room delivers a relaxing atmosphere. And this home provides what every home buyer hopes for with recent improvements including a NEW ROOF, NEW DUAL HVAC systems for consistent comfort, NEW WINDOWS on the main floor, NEW WATER SOFTENER, and a Simply Safe security system for peace of mind. The freshly paint fenced-in backyard offers a private outdoor escape with a newly poured patio and refreshed landscaping—ready for summer barbecues or playtime. Smart home features include Google-connected devices in almost every room which are connected to voice-controlled fixtures and outlets. And don't forget there is plenty of off street parking with the oversized garage that would allow 3 cars to occupy it. It is EV-ready and was recently insulated. Don't miss your opportunity to view this home over the holiday weekend. It will not last long at this price! Contact your agent and get over there!

Highlights

Home typeSingle Family Residence
HeatingNatural Gas, Forced Air
StatusAccepting Backup Offers
(Cont-AccptngBackupOffers)
CoolingCentral Air
Lot size0.16 Acres
Year built1925
ParkingConcrete
MLS #202525689
Garage3 spaces

Virtual tour

Summary

  • Full Bathrooms: 2
  • Flooring Type: Carpet, Laminate
  • Fireplace: None
  • Total Bedroom Count: 5
  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: Concrete
  • Exterior: Stone, Vinyl
  • Architectural Style: Traditional
  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air
  • List Price: $314,900
  • Price/SqFt: $134
  • Annual Tax Amount: $2,536
  • Tax Year: 2023
  • Lot: Level
  • Directions: From I-65, travel east on SR 32 (W South St) toward downtown Lebanon. Turn left onto N Lebanon St, then left onto W Royal St.
  • Year Built: 1925
  • Lot Size: 0.16 Acres
  • MLS Number: 202525689
  • Office Name: Trueblood Real Estate
  • Office Phone: (765) 250-0050
  • Listing Agent: John Townsend

IDX 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: 7/23/2025, 4:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Mar 24, 2021
Home Sold
$219,000
Jan 24, 2013
Home Sold
$48,000

Tax history

YearAssessmentProperty Tax
2023$252,500$2,536
2021$209,700$1,490
2020$153,400$1,303
2019$144,100$1,139
2018$135,700$1,159
2017$127,700$1,128

History based on county public records data.

Nearby schools

3

Harney Elementary School

Public District KG-5

0.4 mi

1500 Garfield St

7

Central Elementary School

Public District KG-5

0.6 mi

515 E Williams St

4

Hattie B Stokes Elementary School

Public District KG-5

1.7 mi

1005 Hendricks Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $36,525. Most Lebanon, IN residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

48%
<35k
49%
35k-100k
3%
100k-200k
0%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

37%
Single, No Kids
13%
Single, with Kids
32%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
9%
12-17 yrs old
22%
18-34 yrs old
38%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • Extreme SportsExtreme Sports
  • Figure SkatingFigure Skating
  • NASCARNASCAR

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • KmartKmart
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • Bob EvansBob Evans
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • ChevroletChevrolet
  • BuickBuick
  • RamRam

What do the neighbors listen to?

  • CountryCountry
  • OldiesOldies
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 516 W Royal St

The listing price of 516 W Royal St property is $314,900.

The property 516 W Royal St is a house located in Lebanon, Indiana, 46052.

Accepting Backup Offers: 516 W Royal St 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 516 W Royal St 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), Zionsville West Middle School (GreatSchools Rating 7/10), Zionsville Middle School (GreatSchools Rating 8/10), Lebanon Senior High School (GreatSchools Rating 7/10), Western Boone Jr-Sr High School (GreatSchools Rating 5/10), Zionsville Community High School (GreatSchools Rating 9/10).

According to the records, the last property tax for 2023 is $2,536 (source: MLS/based on county public records data).

The last sale was on March 24, 2021 for $219,000 (source: MLS/tax record).

The property at 516 W Royal St has 5 bedrooms and 2 bathrooms.

The year of construction for 516 W Royal St is 1925.

This home is located at 516 W Royal St in Lebanon, IN and zip code 46052. This home, which was built in 1925, sits on a 0.16 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 3, 2025 and is currently priced at $314,900.

In June 2025 more than 6 listings in Lebanon, IN were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 16 were sold below. The number of listings in Lebanon, IN decreased by 13.4% between May and June 2025. In June 2025 median list price was $282,500 and the average listing age was 12 days.

From Rocket Homes Real Estate and based on county public records data.

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