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1480 W State Road 47, Lebanon, IN, 46052

4beds
3baths
2,245sqft
$499,900
$223price/sqft
$3,324/moest. monthly cost
$132,960/yrincome needed

About This Home

Situated on a beautiful 3.63 acre lot, this home may be the one you have been waiting for! Looking for a peaceful, country setting, then come and take a look at this adorable 2 story traditional American style farm house with 4 bedrooms and 2.5 baths, 2245 square feet, and conveniently located just a few miles north of Lebanon and less than a mile from I65. This home has been meticulously maintained and cared for inside and out. The 36'x36' pole barn has a newly poured concrete floor, and the interior walls wrapped with sheet metal. There is nothing to do but move in and enjoy this great opportunity~

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

8/10
6/10

Construction

Condition

  • Year built: 1939

Materials

  • Foundation: Block
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Water Heater,Disposal,MicroHood,Electric Oven,Refrigerator,Water Softener Owned
  • Laundry features: Main Level

Bedroom2

  • Level: Upper
  • Area: 195
  • Dimensions: 15x13

Bedroom3

  • Level: Upper
  • Area: 224
  • Dimensions: 16x14

Bedroom4

  • Level: Upper
  • Area: 180
  • Dimensions: 15x12

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 1

Dining Room

  • Level: Main
  • Area: 240
  • Dimensions: 16x15

Family Room

  • Level: Upper
  • Area: 285
  • Dimensions: 19x15

Features

  • Pantry
  • Window features: Wood Work Painted

Great Room

  • Level: Main
  • Area: 240
  • Dimensions: 16x15

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,245
  • Total interior livable area: 2,245 sqft

Kitchen

  • Level: Main
  • Area: 192
  • Dimensions: 16x12

Laundry

  • Level: Main
  • Area: 91
  • Dimensions: 13x7

Master Bedroom

  • Level: Main
  • Area: 224
  • Dimensions: 16x14

Property

Details

  • Parcel number: 061435000002001017
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio,Covered
  • Exterior features: Storage

Lot

  • Lot size: 3.63 Acres
  • Features: Corner Lot,Not In Subdivision,Mature Trees

Parking

  • Parking features: Gravel

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Strong Wind
Winter Weather
Cold Wave
Drought
Hail
Inland Flooding

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,527$30,324
Home Insurance *$247$2,964
Property Taxes $345$4,140
Electricity $205$2,469
Total$3,324$39,888
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$113,965/yr
40% on housing$99,720/yr
45% on housing$88,640/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 3.9%
3.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$223This listing

vs Other Active Listings

Avg $/sqft

ZIP 46052$196
Boone County$209

vs Homes Sold Last Month

Median $/sqft

ZIP 46052$185
Boone County$180

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-12Pending sale$474,900
2026-08-07Price change$474,900
2026-07-23Price change$499,900
2026-06-25Price change$524,900
2026-06-16Listed for sale$549,900
2022-03-24Sold$385,000
2022-03-02Pending sale$395,000
2022-02-24Price change$395,000
2022-02-16Listed for sale$399,000
2022-02-02Pending sale$399,000
2022-01-29Listed for sale$399,000
2017-09-11Sold$232,000
2017-07-20Price change$239,000
2017-06-29Price change$244,000
2017-06-08Listed for sale$249,000

For Sale by Agent

AgentAdam Batts
BrokerageBatts Real Estate Group

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