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4545 W 200 S, Lebanon, IN
Welcome to this beautiful country retreat, perfectly situated on over 7 acres of peaceful countryside. This meticulously maintained two-story home offers the ideal blend of comfort, space, and privacy-and features great bones, providing a wonderful opportunity for the next owner to make it their own. The spacious kitchen features a center island, making it perfect for entertaining and gathering with family and friends. The inviting family room with a cozy fireplace opens to the backyard, where you'll find a stunning in-ground pool surrounded by nature, creating the perfect setting for relaxing summer days. With multiple living areas throughout the home, there is plenty of space to spread out, entertain, or simply unwind. Upstairs, you'll find generously sized bedrooms that offer both comfort and flexibility for family or guests. This home has seen several notable updates and improvements, including geothermal heating and cooling installed in 2010, Renewal by Andersen windows installed in 2010, 2012, and 2014, Rhino Shield exterior paint, and a new roof on both the home and barn in 2017. Additional features include 300 amp electrical service to the home and 100 amp service to the barn, newer attic insulation, a sump pump with dehumidifier, and fresh interior paint. The barn provides endless possibilities for hobbies, storage, or future projects, while the expansive property offers plenty of room to roam and enjoy country living. Conveniently located with easy access to the new Lilly campus, Indianapolis, and Lafayette, this property offers the tranquility of the countryside with excellent accessibility. This exceptional property is ready for its next owner to add their personal touch and make it their own.
Property Type
Single Family
Style
Traditional
Year Built
1978
Lot Size
7.19 acres
Price / Sqft
$233
Days on Market
10 days
Full Baths
2
Half Baths
1
Subdivision
No Subdivision
MLS #
MBR22088740
Listing Type
Residential
Market
MIBOR
Pending
Apr 1, 2026
High School
Western Boone Jr-Sr High School
4545 W 200 S, Lebanon, IN 46052 — Boone County
Heather Schaller
eXp Realty, LLC

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How this home compares across city, state, and national benchmarks
Listed at $675,000, this 3-bed house in Lebanon is 277% above the Census median home value of $179,200 for Lebanon. Compared to 35 other 3-bed homes in Lebanon (averaging $330,748), this property is 104% above average. Indiana's median home value is $139,802, putting this listing 383% above the state benchmark. The U.S. national median home value is $334,900.
Where this listing falls among 84 homes for sale
Lebanon has a population of 17,575 with a median household income of $63,773 and a homeownership rate of 68.9%. The median home value is $179,200 and the median rent is $900/mo.
Sources: U.S. Census Bureau ACS 2023, Fizbo listing data