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USAINLebanonNo Subdivision507 Park St
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507 Park St, Lebanon, IN

House

For Sale

Listed price in listed location currency (USD).
$240,000

210

MLS® 22069051

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 840 sqft
Garage Yes
Taxes 
Days Active 6
Lot Size 
Approx. Age 1940
Avg. Price Per Sqft $285
MLS® Number 22069051

Property Address: 507 Park St, Lebanon, IN, 46052-2256

Average square foot calculated using Size range provided by listing agent.

Description

Charming 2-Bedroom, 1-Bath Bungalow with Strong Cash Flow - Lebanon, IN Charming 2-bedroom, 1-bath bungalow in the heart of Lebanon, filled with classic character and abundant natural light. The home features original hardwood floors, neutral finishes, and a functional layout with a bright living area, practical kitchen, and utility space with laundry hookups. Spacious bedrooms provide comfort and ample storage. Situated on a generous double lot with a large, level backyard-perfect for gardening, play, or entertaining-and includes a detached garage for additional parking or storage. Conveniently located near downtown shops, dining, and parks. Investment Highlight: The property is currently tenant-occupied under a 24-month lease with approximately 20 months remaining. The tenant pays $1, 680 per month, providing immediate, stable income and strong cash flow for the next owner. Tenants' rights apply.
MLS® Number22069051
Laundry Level
Central VacNo
FireplaceNo
Acreage0.29
Exterior
GarageYes
Approx. Age1940
BasementPartial
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Change to metres

Living Room:Main Floor14 × 17 ft
Kitchen:Main Floor12 × 10 ft
Laundry:Main Floor6 × 5 ft
Other:Main Floor11 × 12 ft
Bedroom 2:Main Floor10 × 12 ft
Dining Room:Main Floor12 × 6 ft

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 23, 2025List Date
$240,000List Price

Home Appraisal

This property is estimated to sell between: $239,000 and $241,000.
Similar properties in this area sold on average for: $239,569
Expected to sell in 30 days. Similar properties sold in 36 days. This home has been on eXp Commercial Brokerage for 6 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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Commute

Starting Address
Destination Address
507 Park St, Lebanon, IN

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