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138 Ulen Blvd, Lebanon, IN, 46052

6beds
5baths
5,947sqft
$1,200,000
$202price/sqft
$8,152/moest. monthly cost
$326,080/yrincome needed

About This Home

Welcome to one of the most exceptional homes in the historic and highly sought-after Ulen community. Perfectly positioned on the 3rd tee box of the prestigious Ulen Golf Course, this remarkable residence offers nearly 6,000 sf of beautifully updated living space, combining timeless elegance, modern luxury, and breathtaking golf course views. This stately brick home features 6 bdrm, 4.5 bathrooms, and an ideal floor plan designed for both everyday living and grand-scale entertaining. Upon entering, you'll be greeted by sophisticated finishes, extensive millwork, rich hardwood floors, and spacious gathering areas filled with natural light. The heart of the home is the stunning gourmet kitchen, showcasing custom cabinetry, marble countertops, high-end appliances, a large center island, built-in seating, and picturesque views of the surrounding landscape. The kitchen flows seamlessly into the dining and family living spaces, creating the perfect setting for entertaining family and friends. The luxurious main-level primary suite serves as a private retreat, featuring expansive windows overlooking the golf course, direct access to the covered patio, a huge walk-in closet, and a beautifully renovated spa-inspired bathroom complete with custom cabinetry, dual vanities, and an oversized walk-in marble shower. Additional living spaces include a formal living room, elegant dining room, private office/library, and an impressive 30' x 30' bonus room offering endless possibilities for a recreation room, media room, fitness studio, playroom, or additional entertaining space.Outdoor living is equally impressive with mature trees, professionally maintained landscaping, a covered patio, and stunning views of the historic Ulen Golf Course. Enjoy peaceful mornings, spectacular sunsets, and the unique lifestyle that comes with living in one of Central Indiana's most treasured golf communities. Opportunities to own a home of this caliber, size, and location in Ulen are exceedingly rare.

Getting Around

14
WalkingCar-Dependent
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

9/10
Central Elementary SchoolGrades PK-51.2 mi
5/10
Lebanon Middle SchoolGrades 6-80.4 mi
9/10

Construction

Condition

  • Year built: 1958

Materials

  • Foundation: Block
  • Construction materials: Brick

Type & Style

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

Interior

Appliances

  • Appliances included: Dryer,Electric Water Heater,Gas Water Heater,Exhaust Fan,Microwave,Double Oven,Gas Oven,Refrigerator,Washer,Water Heater,Water Softener Owned

Bedroom2

  • Level: Upper
  • Area: 198
  • Dimensions: 18x11

Bedroom3

  • Level: Upper
  • Area: 266
  • Dimensions: 19x14

Bedroom4

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

Bedroom5

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

Bedroom6

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

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1
  • Main level bathrooms: 3
  • Main level bedrooms: 1

Bonus Room

  • Level: Upper
  • Area: 900
  • Dimensions: 30x30

Family Room

  • Level: Main
  • Area: 448
  • Dimensions: 28x16

Features

  • Attic Pull Down Stairs,Double Vanity,High Ceilings,Hardwood Floors,Pantry,Walk-In Closet(s)
  • Flooring: Hardwood
  • Number of fireplaces: 1
  • Fireplace features: Gas Log
  • Fireplace: Yes
  • Attic: Pull Down Stairs

Heating & Cooling

  • Heating features: Forced Air,Heat Pump,High Efficiency (90%+ AFUE )
  • Cooling features: Central Air

Interior Area

  • Total structure area: 5,947
  • Total interior livable area: 5,947 sqft

Kitchen

  • Level: Main
  • Area: 392
  • Dimensions: 28x14

Living Room

  • Level: Main
  • Area: 600
  • Dimensions: 25x24

Master Bedroom

  • Level: Main
  • Area: 289
  • Dimensions: 17x17

Office

  • Level: Main
  • Area: 126
  • Dimensions: 14x9

Property

Details

  • Parcel number: 061130000001100003
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered
  • Exterior features: Basketball Court

Lot

  • Lot size: 0.64 Acres
  • Features: Near Golf Course,On Golf Course,Sidewalks,Street Lights,Mature Trees

Parking

  • Total spaces: 3
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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

  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Hail
Inland Flooding
Strong Wind
Earthquake
Heat Wave
Ice Storm
Lightning
Tornado

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 $6,067$72,804
Home Insurance *$594$7,128
Property Taxes $946$11,352
Electricity $545$6,541
Total$8,152$97,824
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$279,497/yr
40% on housing$244,560/yr
45% on housing$217,386/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

$202This listing

vs Other Active Listings

Avg $/sqft

ZIP 46052$197
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)

Price History

DateEventPrice
2026-07-21Listed for sale$1,200,000
2026-06-11Pending sale$1,200,000

For Sale by Agent

AgentRyan Richardson
BrokerageRichardson Realty Company, LLC

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