Sheldon Barnes
For Sale — 4835 S 500 W, Lebanon, IN 460524835 S 500 W
Lebanon, Indiana 46052
No Subdivision
$1,195,000
Schedule a Showing5
Beds
7
Baths
5,780
Sq Ft
2008
Year Built
2
Acres
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Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Lebanon, Indiana and the rest of Hamilton County. Book a private tour of 4835 S 500 W, ask any question about this home, or talk through what you should know about buying in Lebanon.
ABOUT THIS HOME
Welcome to your luxurious country oasis boasting 5 bedrooms, 7 baths, a finished basement & a private back yard retreat with in-ground pool, pergola, cabana & fire pit on two rolling acres! At first glance, this freshly painted home welcomes you with its wrap around porch. Inside, the open concept living room showcasing hardwood floors, mantle fireplace & homework station or office space. You will adore this elegant chef's kitchen, boasting quartz countertops, central island with bar seating, SS appliances & a large commercial grade built-in refrigerator. Don't miss the formal dining space, butler's pantry & breakfast alcove as well! The pool room is the entertainer's ultimate retreat with sliding glass doors to the pool, vaulted ceilings with exposed beams, a full bath & a large 8 top bar including sink, cooktop, dishwasher & refrigerator. This space could easily be converted to an in-law suite as a future option. Upstairs, the primary bedroom serves as a true retreat, featuring a built-in electric fireplace, a massive walk-in closet with attached laundry area & a spa-like en-suite with double vanity, freestanding tub & a high end glass-enclosed tile shower. The upstairs office or flex space offers rustic charm with sliding barn doors, vaulted ceiling & exposed beams. Three additional bedrooms, including two with private en-suites & walk-in closets, provide space for everyone. The tour continues in the finished basement, perfect for movie nights or a play area, including a half-bath. Outside, the resort-style backyard offers a heated in-ground pool with slide, automatic cover, hot tub, fire pit, cabana, pergola with a built-in grilling station & Edison lights strung across the pool for fun all night long! Don't miss the 2 car attached epoxy floored garage, basketball hoop on the paved drive, 16x26 heated pole barn with electric & overhead door, huge outdoor play set, stone walkways with decorative landscaping, storage shed & mature trees. Come see it today!
Key things to know
- Private pool
- Spa / hot tub
- 2 fireplaces
- Finished basement (442 sqft)
- 3-car garage
Monthly payment
Estimate · $1,195,000
$6,982/mo
≈ $6,360 principal & interest · $622 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $239,000 on a loan of $956,000.
Price history
- Listedat $1,195,000
May 6, 2026
Recent comparable sales
Comparative value
5 comps in this range
This home is 54% above median for similar nearby sales.
Want to know anything specific? Ask about updates, finishes, the basement, the yard — I read the listing's photos, MLS data, and remarks and cite what I find.
FEATURES & AMENITIES
Interior
Exterior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$1,195,000Listed· May 6, 2026
2 days on market
Layout
Primary suite
Closet Walk in,Sitting Room
Primary bath
Shower Stall Full,Sinks Double,Suite
Schools
Western Boone Co Com Sch Dist
Neighborhood
- Zionsville Community HS16.6 mi
- Carmel Central Park21.2 mi
- Clay Terrace22.7 mi
- Carmel High School23.5 mi
- Carmel Arts & Design District23.5 mi
- Monon Trail (Carmel)23.5 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
5,780 sq ft
Year Built
2008
Stories
Two
Subdivision
No Subdivision
Bedrooms
5
Bathrooms
5 full, 2 half
Garage
3 spaces
School District
Western Boone Co Com Sch Dist