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!
Active under contract
$574,900
195 S 500 West Est, Lebanon, IN 46052
3beds
1,566sqft
Est.:
Single Family Residence
Built in 1940
5.38 Acres Lot
$554,000 Zestimate®
$--/sqft
$-- HOA
What's special
Multiple outbuildingsWide-open spacesRoom for gardens
- 12 days
- on Zillow |
- 1,124 |
- 90 |
Zillow last checked: 7 hours ago
Listing updated: July 13, 2025 at 01:10pm
Listed by:
Jennifer Luce 219-462-2224,
Realty Executives Premier
Source: IRMLS,MLS#: 202527026

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bedrooms: 3
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Kitchen
- Level: Main
- Area: 30962
- Dimensions: 137 x 226
Living room
- Level: Main
- Area: 40386
- Dimensions: 254 x 159
Office
- Level: Main
- Area: 17056
- Dimensions: 82 x 208
Heating
- Propane, Radiant, Propane Tank Owned, High Efficiency Furnace
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Microwave, Refrigerator, Iron Filter-Well Water, Electric Range, Water Filtration System, Tankless Water Heater, Water Softener Owned
Features
- Ceiling Fan(s), Laminate Counters, Pantry
- Flooring: Carpet, Laminate
- Windows: Window Treatments, Blinds
- Basement: Cellar,Block,Sump Pump
- Has fireplace: No
Interior area
- Total structure area: 1,723
- Total interior livable area: 1,566 sqft
- Finished area above ground: 1,566
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Gravel
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Exterior features: Play/Swing Set, Basketball Goal
- Fencing: Woven Wire,Wood
Lot
- Size: 5.38 Acres
- Features: 3-5.9999, Pasture, Rural
Details
- Additional structures: Barn(s), Pole/Post Building
- Parcel number: 060605000017.001011
- Other equipment: Satellite Equipment, Sump Pump
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Metal
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Electric: REMC
- Sewer: Septic Tank
- Water: Well
Green energy
- Energy efficient items: HVAC
Community & HOA
Community
- Subdivision: None
Location
- Region: Lebanon
Financial & listing details
- Annual tax amount: $2,764
- Date on market: 7/11/2025
- Listing terms: Cash,Conventional
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