1015 N Lebanon Street

Welcome to 1015 N Lebanon St, a unique property in the heart of Lebanon, Indiana. For the past 26 years, this property has served as a group home for young women. Prior to that, it served as an assisted living facility. The original dwelling was built in 1920, and features over 4400 square feet of space. In 1965, the building was added onto, adding an additional 8300 square feet, bringing the total to over 12,700 feet. The property features 18 spacious bedrooms, all with full attached bathrooms. It also houses a commercial kitchen, complete with a gas range, vented hood, numerous sinks, and a nice-sized pantry. It also boasts a large dining room, several living/common areas, office space, a laundry room with hookups for 3 washers and 3 dryers, and several rec rooms that could be used for a variety of purposes. The original home rests on a full unfinished basement with the addition on a slab. The buildings sit on a 0.63 acre lot and 18 on site parking spaces are included. Prospective buyers will appreciate several updates like newer furnaces and ac units as well as a brand new roof that was installed in 2025. The property is zoned R6, which allows for numerous uses. Please see the attached matrix provided by the City of Lebanon for potential uses. Don’t miss out on the opportunity to own this one of a kind property in an incredible Central Indiana location.