18-Bedroom Specialty
For Sale
$750,000
1015 N Lebanon St, Lebanon, IN 46052
Private rooms with attached bathrooms are complemented by shared dining, kitchen, recreation, office, and laundry areas.
Property Size12,715 SF
Lot Size0.63 Acres
Price / SF$58.99
Days on Market9
Property Features for 1015 N Lebanon St
General Information
Standard status
Active
Size
12,715 SF
Total Parking Spaces
18
Lot size
0.63 Acres
Zoning
R6
Amenities
commercial kitchen
dining room
living/common areas
office space
laundry room
rec rooms
Building Details
Year Built
1920
Listing Agency:
Raeco Realty
Listed By:
Grant Thompson
(765) 412-2325
Source:
Spencerchildersgroup
Added: Oct 21
Changed: Oct 28
Last Checked: Sep 30 at 12:19PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Raeco Realty
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Investment Insights
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This specialty property in Lebanon contains 18 bedrooms, each with an attached full bathroom, alongside shared living and recreation rooms, office space, and a large dining room. A commercial kitchen includes a gas range, vented hood, sinks, and pantry. Laundry hookups accommodate three washers and three dryers. The original dwelling dates to 1920, with an addition completed in 1965; together, the buildings contain over 12,700 square feet. The original structure has an unfinished basement, while the addition rests on a slab.
The property occupies a 0.63-acre site at 1015 N Lebanon Street and includes 18 on-site parking spaces. Zoned R6, it has newer furnaces and air-conditioning units, plus a roof installed in 2025. The building previously operated as an assisted living facility and, more recently, as a group home for young women.
The property occupies a 0.63-acre site at 1015 N Lebanon Street and includes 18 on-site parking spaces. Zoned R6, it has newer furnaces and air-conditioning units, plus a roof installed in 2025. The building previously operated as an assisted living facility and, more recently, as a group home for young women.
Key Highlights
- 18 bedrooms, each with a full attached bathroom
- Over 12,700 square feet across the original 1920 dwelling and 1965 addition
- Commercial kitchen with gas range, vented hood, sinks, and pantry
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Current Use
Location Intelligence
Trade Area within ½ mile
484
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Demographics for 46052, IN
22,783
Population
9,935
Households
2.3
Avg Household Size
41
Median Age
26%
College-Educated
90%
High-School Grad
177.6 sq mi
ZIP Area
128
Density / Sq Mi
$66,828
Median Household Income
$43,933
Median Earnings
$911
Median Rent
$200,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
Specialty property - Private rooms with attached bathrooms are complemented by shared dining, kitchen, recreation, office, and laundry areas.
Where is this specialty property located?
The property is located at 1015 N Lebanon St Lebanon, IN.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 18 bedrooms, each with a full attached bathroom; Over 12,700 square feet across the original 1920 dwelling and 1965 addition; Commercial kitchen with gas range, vented hood, sinks, and pantry
