507 N Park Street, Lebanon, IN 46052

• 2 beds |
• 1 bath |
• 840 sqft

Property 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.

Listing Status:

Active

Listing Office:

Ever Real Estate, LLC : 317-679-3985

Listing Agent:

Brenda Robidou : 317-679-3985

MLS ID:

22069051

Interior

• General: Attic Access
• Appliances: Electric OvenRefrigerator
• Basement: Partial
• A/C: Central Air
• Heating: Natural Gas

Exterior

• General: Storage Shed
• Style: Traditional
• Other Structures: Covered
• Parking: Detached

Construction

• General: OneBlock

Location

• Originating MLS: mibor
• School District: Lebanon Community School Corp
• County: Boone

Lot

• Zoning: Longley Addition Pt Of Ol 34 (120 X 106 1/3')061131000028027002

Utilities

• Water: Public

Financial

• Source: mibor

This listing courtesy of Brenda Robidou, Ever Real Estate, LLC