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708 E Elm Street Lebanon IN 46052
- 3
- Bedrooms
- 2
- Baths
- N/A
- SQ. Feet
(Above Ground)
- 0.14
- Acres
See for yourself the possibilities in this home. Could be a duplex w/income potential or could be a single family home as home 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 suites 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 new heat exchanger still under warranty. 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.
Property Details
Interior Features
- Appliances: Dishwasher, Dryer, Electric Water Heater, Disposal, Gas Oven, Refrigerator, Washer, Water Softener Owned
- Cooling: Central Air
- Heating: Forced Air, Natural Gas
Exterior Features
- Features: Other
- Setting / Lot Description: Sidewalks
- Porch: Covered, Deck
- # Acres: 0.14
Listing Office: Re/max Centerstone
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Listing information last updated on October 26th, 2025 at 6:55pm EDT.









