501 Somerset Drive Lebanon, IN $ 240,000
501 Somerset Drive
$ 240,000
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501 Somerset Drive

Lebanon, IN, 46052
$ 240,000
Bedrooms2 Baths2.0 Sq 1,152

Monthly Estimate*

$ 1,658

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Single Family Home for sale in Lebanon, IN

for $240,000 with 2 bedrooms and 2 full baths. This 1,152 square foot home was built in 1992 on a lot size of 0.24.

Easy Living Starts Here! Say goodbye to mowing the lawn and hello to low-maintenance living! Tucked away on a quiet cul-de-sac, this charming 2-bedroom, 2-full-bath condo offers comfort and convenience. The generously sized great room features a cozy gas-log fireplace and beautiful new laminate flooring. The spacious primary bedroom offers a large walk-in closet with plenty of storage. Step outside to enjoy the inviting patio, complete with a partial privacy fence-perfect for morning coffee or relaxing at the end of the day. Whether you're looking to downsize or simply enjoy a more carefree lifestyle, this condo is a wonderful place to call home!

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Single Family Active

Price

$ 240,000

Bedrooms

2

Full Bath

2

Property Type

Single Family

Taxes

$ 1,546

Style

Ranch

Lot Size

0.24

Year Built

1992

Town/City

Lebanon

County/Region

Boone

MLS | Web ID

22130111

Features
Interior
Interior Amenities Attic Pull Down Stairs Cathedral Ceiling(s)
Total Fireplaces 1
Fireplace Features Gas Log Great Room
Basement (Y/N) N
Half Baths 0
Laundry Features Laundry Room
Total Bedrooms 2
Main Level Bedrooms 2
Total Baths 2
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General
Heating Forced Air Gas
Cooling Central Air
Utilities Cable Available Electricity Connected Natural Gas Connected
Possession Negotiable
Appliances Electric Cooktop Dishwasher Dryer Disposal Gas Water Heater MicroHood Electric Oven Refrigerator Washer Water Heater Water Softener Owned
HOA Fee 260
Garage Spaces 1
Association Fee Includes Association Home Owners Entrance Common Entrance Private Insurance Lawncare Maintenance Grounds Maintenance
Patio/Porch Features Patio Porch
Architectural Style Ranch
Construction Materials Brick Vinyl Siding
Year Built 1992
Electric 100 Amp Service
Township Center
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Assoc Fee Paid Per Quarterly
County Boone
New Construction N
Property Type Residential
Association Amenities None Insurance Maintenance Grounds Maintenance
HOA Y
Subdivision Name Somerset
Facing Direction East
Garage Y/N Y
Total Rooms 5
Full Baths 2
Status Active
Directions GPS Friendly
High School Lebanon Senior High School
City Lebanon
High School District Lebanon Community School Corp
MLS Area 607 - Boone - Center
Lot Size Square Feet 10454
Elementary School Central Elementary School
Property Attached Y/N Y
Current Financing Conventional FHA VA
Middle/Junior High School Lebanon Middle School
Virtual Tour https://eyesky-video-photo-film-llc.aryeo.com/sites/edvmpmxx/unbranded https://eyesky-video-photo-film-llc.aryeo.com/sites/501-somerset-dr-lebanon-in-46052-29659609/branded
Standard Status Active
Tax Lot 8 7
Legal Description Somerset Commons Pt Lot 8 & Pt Lot 7
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Exterior
Fencing Partial
Parking Features Attached
Lot Features Cul-De-Sac Storm Sewer Street Lights
Water Source Public
Foundation Details Block
Building Area Total 1152
Lot Size Acres 0.24
Waterfront Y/N N
Other Equipment Smoke Alarm
Horse Amenities None
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* Excluded Features
List By
Traditions Realty, Llc

Broker

lynda@mytraditionsrealty.com

Email

Affordability Calculator

$1,786
Per Month
93%
7%
0%
Monthly Principal & Interest
$1,658
Monthly Property Taxes
$129
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4150721 Elementary School
4046604 Middle School
Lebanon Senior High School High School
Pricing History
DatePricePrice ChangeDescription
10/8/2026$240,000 Listed Price

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501 Somerset Drive, Lebanon, IN, 46052 is a Single Family Home for sale at $240,000 with 1,152 sqft and a lot size of 0.24. 501 Somerset Drive has 2 bedrooms, 2.0 baths, and was built in 1992. The property's zip code is 46052 which is in Lebanon, IN