510 E State Road 47, Lebanon, IN, 46052
About This Home
There's something special about a home with history-and 510 E State Road 47 in Lebanon is ready for its next chapter. Nestled on 3.44 scenic acres, this charming 1928 bungalow blends timeless character with the peaceful lifestyle you've been dreaming of. Offering 1,938 square feet, 3 bedrooms, and 1 full bath, there's plenty of room to make this home uniquely yours. Enjoy the comfort of an HVAC system installed in 2023, while outside you'll find endless opportunities to create the country life you've always wanted. Whether you envision a thriving garden, family gatherings under the open sky, or simply relaxing and taking in the quiet surroundings, this property delivers. The fenced pasture is ideal for horses or a hobby farm, giving you the freedom to enjoy rural living with room to grow. Best of all, you'll experience the serenity of country living while being just minutes from shopping, dining, schools, and everything Lebanon has to offer. If you've been searching for a property with character, acreage, and endless possibilities, this is one you won't want to miss. Schedule your private showing today and discover everything 510 E State Road 47 has to offer!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1928
Materials
- Foundation: Block,Crawl Space
- Construction materials: Cement Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Electric Cooktop,Dishwasher,Dryer,Electric Water Heater,Microwave,Oven,Range Hood,Refrigerator,Washer,Water Softener Owned
- Laundry features: In Basement
Basement
- Has basement: Yes
- Basement: Daylight,Partially Finished
Bedroom2
- Level: Main
- Area: 88
- Dimensions: 11 X 8
Bedroom3
- Level: Upper
- Area: 192
- Dimensions: 16 X 12
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Bonus Room
- Level: Main
- Area: 672
- Dimensions: 32 X 21
Dining Room
- Level: Main
- Area: 168
- Dimensions: 14 X 12
Features
- Built-in Features,Ceiling Fan(s),Hardwood Floors,Eat-in Kitchen
- Window features: Wood Work Stained
- Flooring: Hardwood
- Number of fireplaces: 1
- Fireplace features: Living Room,Non Functional
- Fireplace: Yes
- Finished area below ground: 129
Heating & Cooling
- Heating features: Forced Air,Propane
- Cooling features: Central Air
Interior Area
- Total structure area: 2,878
- Total interior livable area: 2,878 sqft
Kitchen
- Level: Main
- Area: 195
- Dimensions: 15 X 13
Living Room
- Level: Main
- Area: 338
- Dimensions: 26 X 13
Master Bedroom
- Level: Main
- Area: 120
- Dimensions: 12 X 10
Office
- Level: Main
- Area: 121
- Dimensions: 11 X 11
Property
Details
- Parcel number: 061531000022000004
- Special condition: Sales Disclosure Supplements
- Horse amenities: Barn,Pasture
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Covered
- Fencing: Fenced,Fence Complete
Lot
- Lot size: 3.44 Acres
- Features: Rural - Not Subdivision,Mature Trees,Trees-Small (Under 20 Ft)
Parking
- Total spaces: 2
- Parking features: Detached,Gravel,Garage Door Opener,Workshop in Garage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
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
- Winter Weather
- Cold Wave
- Drought
- Hail
- Inland Flooding
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,022 | $24,264 |
| Home Insurance * | $198 | $2,376 |
| Property Taxes | $276 | $3,312 |
| Electricity | $263 | $3,165 |
| Total | $2,759 | $33,108 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
WildfireHailWindHow 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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-05 | Pending sale | $399,999 |
| 2026-07-28 | Price change | $399,999 |
| 2026-07-08 | Listed for sale | $425,000 |
| 2015-11-30 | Sold | $172,500 |
| 2015-11-16 | Pending sale | $178,000 |
| 2015-09-25 | Listed for sale | $178,000 |
| 2008-04-30 | Sold | $158,000 |
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