HomeAboutServicesSearchAI ToursListingsMarket ActivityBlogContact
$215,000708 E Elm Street
For Sale3 days on market

708 E Elm Street

Lebanon, Indiana 46052

News

3

Beds

2

Baths

2,404

Sq Ft

1930

Year Built

0.14

Acres

Sheldon Barnes, Carmel Realtor

Schedule a tour or ask a question

Sheldon Barnes can help you tour 708 E Elm Street

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 708 E Elm Street in News, ask any question about this home, or talk through what you should know about buying in Lebanon.

Follow

ABOUT THIS HOME

See for yourself the possibilities in this home. Could be a duplex w/income potential or could be a single family home as it is set up for both. Separate entrance on the back of home to upper level studio type apartment that could be used for a rental, a college student, in-law quarters, Airbnb, or whatever meets your needs. Newer Stairs & Deck for outdoor enjoyment lead into the studio apartment w/a huge newly finished room for living & sleeping space w/a new window & strong oak rafters. Separate area for the new kitchen/bath combo w/gas connection for oven/range.....just add appliances! If not used as an apartment, the interior stairs lead to the main floor living space. Front Entrance to the main level is via the large covered front porch & leads to the welcoming 30x13 family room w/a decorative fireplace & hardwood floors. Hardwoods flow from the family rm into the dining rm with 3 windows, & loads of natural light. Full kitchen w/stainless steel farm sink, dishwasher, refrigerator, & oven/range included. Bright Laundry w/2 windows, a glass door cabinet, 2 other cabinets for great storage, & washer/dryer stay. Long wide hallway w/hardwoods has entries to 2 main floor bedrooms w/hw floors & ample sized closets, the newly remodeled full bathroom w/subway tiled shower surround, the basement, & the back porch. If choosing not to rent the upper level & instead using the whole home, the upstairs studio area could become a primary suite or another huge area for entertainment. Driveway on left side of home leads to back yard that is privacy fenced & great for all! Basement has been professionally waterproofed w/a perimeter drain, sump pump w/battery back up, & has been encapsulated. Basement also has a separate entrance to the exterior. Plumbing is all new & HVAC has a new heat exchanger. Enjoy the many great places to shop and eat in quaint downtown Lebanon and the many other offerings of the town including the Eli Lilly expansion.

Listed by Lynn Geis· RE/MAX Centerstone· MLS# 22077230

Key things to know

  • Basement
  • News subdivision

Monthly payment

Estimate · $215,000

$1,206/mo

$1,144 principal & interest · $62 tax

Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $43,000 on a loan of $172,000.

Price history

  1. Listedat $215,000

    May 6, 2026

Comparative value

5 comps in this range

This home is 33% below median for similar nearby sales.

$286K$615KMedian $320K
$215K

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

High CeilingsHardwood FloorsHi-Speed Internet AvailblIn-Law ArrangementWalk-In Closet(s)WoodWorkStain/Painted

Climate

Heat: Forced AirHeat: Natural GasCool: Central Air

THE FACTS

Pricing trajectory, room-by-room layout, schools, and what's nearby.

Price history

  • $215,000Listed· May 6, 2026

3 days on market

Layout

Main
216 rooms1,332 sq ft
Upper
112 rooms1,072 sq ft

Schools

Lebanon Community School Corp

    Neighborhood

    • Zionsville Community HS12.5 mi
    • Carmel Central Park16.8 mi
    • Clay Terrace17.7 mi
    • Westfield High School17.8 mi
    • Carmel Arts & Design District18.7 mi
    • Carmel High School18.9 mi

    PROPERTY DETAILS

    Combined data from the listing and Hamilton County records

    Living Area

    2,404 sq ft

    Year Built

    1930

    Stories

    Two

    Subdivision

    News

    Bedrooms

    3

    Bathrooms

    2 full

    School District

    Lebanon Community School Corp

    Powered by Ackee.ai