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5878 Elizaville Road

Lebanon, IN 46052

ActiveListed Oct 9, 2026 · 12 days on market

Key facts

Beds
3
Baths
2 full
Living area
1,700 sqft
Lot
1.02 acres
Year built
2005
Type
Residential · Single Family Residence
Stories
One
Garage
4 spaces
MLS #
22130172
County
Boone
Subdivision
No Subdivision

About this home

Prime Live-Work Opportunity in Lebanon! Remodeled brick ranch on 1.02 peaceful acres at 5878 Elizaville Rd featuring an attached 2-car garage PLUS two very large insulated detached structures totaling and additional 2,000 sq.ft. No HOA and highly sought after WEBO schools! Highlights: an insulated 3-car detached garage and a 1,200 sq. ft. insulated hobby barn/workshop equipped with electric, climate control, and rubber flooring. Incredible commercial and operational potential, ideal for a home business, contractor headquarters, workshop, equipment storage, studio, or ADU conversion. The turnkey 3-bed, 2-bath residence offers a bright great room, formal dining room, utility room, and updated mechanicals. Recent inspection compete and available. Outdoor living includes two patios and a fully fenced yard. Zero turn mower in the garage stays! Perfect balance of move-in-ready living and high-capacity operational space!

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDryerElectric Water HeaterMicrowaveElectric OvenRefrigeratorWasher
Interior features
Attic AccessVaulted Ceiling(s)Kitchen IslandPaddle FanHandicap Accessible InteriorHi-Speed Internet AvailblEat-in KitchenSmart ThermostatTray Ceiling(s)
Kitchen
Kitchen Updated
Laundry
Laundry Closet
Accessibility
Hallway - 36 Inch WideAccessible Doors
Security
Smoke Detector(s)
Rooms
7
Main-level bedrooms
3
Condition
Updated/Remodeled

Exterior

Patio and porch
Patio
Construction
Brick
Foundation
Block
Style
Ranch
Parking and garage
AttachedGarage Door OpenerDetached
Spa
Bath
Fencing
Gate
Other equipment
Satellite Dish

Systems

Heating
Forced AirHeat Pump
Cooling
Central AirDuctlessHeat Pump
Water
WellPrivate
Utilities
Electricity ConnectedSeptic System

Schools

Middle school
Lebanon Middle School
High school
Lebanon Senior High School
School district
Lebanon Community School Corp

Taxes

Estimated annual tax
$2,742 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$3,458per month, estimated
Principal and interest $3,019Property tax $229Insurance $210
20% · $119,800
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$599,000
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