
Sheldon Barnes
For Sale — 708 E Elm Street, Lebanon, IN 46052708 E Elm Street
Lebanon, Indiana 46052
News
$215,000
Schedule a Showing3
Beds
2
Baths
2,404
Sq Ft
1930
Year Built
0.14
Acres
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.
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.
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
- Listedat $215,000
May 6, 2026
Recent comparable sales
Comparative value
5 comps in this range
This home is 33% below 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
Climate
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
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
