507 N Park Street, Lebanon, IN 46052
- $240,000
- $240,000
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.
Address
Open on Google Maps-
Address: 507 N Park Street
-
City: Lebanon
-
State/county: IN
-
Zip/Postal Code: 46052
-
Area: No Subdivision
Details
Updated on November 26, 2025 at 10:12 pm-
Property ID 22069051
-
Price $240,000
-
Property Size 1260 Sqft
-
Land Area 0.29 Acres
-
Bedrooms 2
-
Rooms 6
-
Bathroom 1
-
Garages 2
-
Garage Size x x
-
Year Built 1940
-
Property Type Single Family Residence, Residential
-
Property Status Expired
Additional details
-
Cooling Central Air
-
Heating Natural Gas
-
County Boone
-
Property Type Residential
-
Parking Detached
-
Middle School Lebanon Middle School
-
High School Lebanon Senior High School
-
Architectural Style Traditional
Features
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
-
PMI
-
Monthly HOA Fees