1015 N Lebanon ST, Lebanon, IN 46052
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1015 N Lebanon ST, Lebanon, IN 46052
1015 N Lebanon ST, Lebanon, IN 46052
1015 N Lebanon ST, Lebanon, IN 46052
1015 N Lebanon ST, Lebanon, IN 46052
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Charles Bell

Charles Bell

+1(765) 532-9814
Listed by Raeco Realty
$ 750,000
Est. payment /mo
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1015 N Lebanon ST Lebanon, IN 46052

21 Baths

0.63 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

MLS Listing ID IRM202638543

HOA Y/N No

Year Built 1920

Tax Year 2026

Lot Size 0.630 Acres

Acres 0.63

Lot Dimensions .63 A

Property Sub-Type Other

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.

Location

State IN

County Boone County

Rooms

Basement Full, Unfinished

Interior

Heating Electric, Gas, Forced Air

Inclusions Building

Fireplace N

Exterior

Parking Features Parking Lot, Off Street

Fence None

Waterfront Description None

View Y/N true

Total Parking Spaces 28

Building

Sewer Public Sewer

Water City, Public

New Construction No

Others

Pets Allowed No

Tax ID 06-10-25-000-028.000-002

Acceptable Financing IRM202638543

Listing Terms IRM202638543

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202638543

Indiana Regional MLS (IRMLS)
IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.

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Charles Bell

Charles Bell

Real Estate Advisor RBRB18000586

+1(765) 532-9814

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1015 N Lebanon ST