Brick Ranch
For Sale
$315,000
4305 E 550 S, Lebanon, IN 46052
MULTI_FAMILY - Ranch - Lebanon, IN
Property SizeContact for details
Lot Size0.57 Acres
Days on Market45
Property Features for 4305 E 550 S
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
Assigned
Subdivision
No Subdivision
Lot features
Rural - Not Subdivision, Mature Trees
Elementary school district
Lebanon Community School Corp
Middle school district
Lebanon Community School Corp
High school district
Lebanon Community School Corp
Directions
GPS Friendly
Standard status
Active
APN
060735000064000020
Lot size
0.57 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Falling Waters Lot 11 Whitelick / 552
Legal Description
Falling Waters Lot 11 Whitelick / 552
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1965
Floors in Building
1
Number of units
2
Building materials
Brick
Roof type
Asphalt
Architectural style
Ranch
Listing Agency:
Keller Williams Indpls Metro N · Keller Williams Realty
(317) 846-6300
Listed By:
Jordan Moody · License #RB15001355
(317) 846-6300
Added: Jun 26
Changed: Aug 6
Last Checked: Aug 9 at 5:06AM
MLS# 22110662
Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This all-brick ranch duplex, constructed in 1965, includes two separate residences with updated interior finishes. One unit has 2 bedrooms and 1 full bath, while the other offers 3 bedrooms, 1.5 baths, and a garage. Both interiors feature new LVP flooring and fresh paint, and one bathroom has been renovated with a tiled tub and shower surround, new vanity, and fixtures.
The property occupies 0.57 acres at 4305 E 550 S in Lebanon, Boone County, Indiana. Recent mechanical and site work includes two new water heaters, a crawlspace vapor barrier, sump pit and pump, buried downspout extensions, a chlorine injection system for the well, and septic pumping within the last 2 years. Forced-air heating, central air, assigned parking, and an asphalt roof complete the existing improvements.
The property occupies 0.57 acres at 4305 E 550 S in Lebanon, Boone County, Indiana. Recent mechanical and site work includes two new water heaters, a crawlspace vapor barrier, sump pit and pump, buried downspout extensions, a chlorine injection system for the well, and septic pumping within the last 2 years. Forced-air heating, central air, assigned parking, and an asphalt roof complete the existing improvements.
Key Highlights
- Two‑unit brick ranch on 0.57 acres
- Unit mix includes 2 bedrooms and 1 full bath, plus 3 bedrooms and 1.5 baths
- Larger residence includes a garage and private half bath off the primary suite
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
46
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two refreshed units provide distinct bedroom and bath layouts, with a garage serving the larger residence.
Where is this duplex located?
The property is located at 4305 E 550 S Lebanon, IN.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Two‑unit brick ranch on 0.57 acres; Unit mix includes 2 bedrooms and 1 full bath, plus 3 bedrooms and 1.5 baths; Larger residence includes a garage and private half bath off the primary suite
