501 Somerset Drive
Lebanon, IN 46052
$240,000
Easy Living Starts Here! Say goodbye to mowing the lawn and hello to low-maintenance living! Tucked away on a quiet cul-de-sac, this charming 2-bedroom, 2-full-bath condo offers comfort and convenience. The generously sized great room features a cozy gas-log fireplace and beautiful new laminate flooring. The spacious primary bedroom offers a large walk-in closet with plenty of storage. Step outside to enjoy the inviting patio, complete with a partial privacy fence-perfect for morning coffee or relaxing at the end of the day. Whether you're looking to downsize or simply enjoy a more carefree lifestyle, this condo is a wonderful place to call home!
Listing Courtesy of: Traditions Realty, LLC
765-481-9210
Agent licensed in IN
| Listing Id: | 22130111 |
|---|---|
| List Price: | $240,000 |
| Property Type: | Residential |
| Property Sub Type: | Single Family Residence |
| Status: | Active |
| Bedrooms Total: | 2 |
| Bathrooms Full: | 2 |
| Bathrooms Half: | 0 |
| Living Area: | 1,152 |
| Association Fee: | $260 |
| Semi Annual Property Tax Amt: | $773 |
| Lot Size Acres: | 0.24 |
| Architectural Style: | Ranch |
| Waterfront?: | No |
| City: | Lebanon |
| County Or Parish: | Boone |
| Subdivision Name: | Somerset |
| Postal Code: | 46052 |
| Year Built: | 1992 |
| Appliances: | Electric Cooktop, Dishwasher, Dryer, Disposal, Gas Water Heater, MicroHood, Electric Oven, Refrigerator, Washer, Water Heater, Water Softener Owned |
| Association Fee Frequency: | Quarterly |
| Association Fee Includes: | Association Home Owners, Entrance Common, Entrance Private, Insurance, Lawncare, Maintenance Grounds, Maintenance |
| Basement: | No |
| Association Amenities: | None, Insurance, Maintenance Grounds, Maintenance |
| Bathrooms Total Integer: | 2 |
| Building Area Source: | Assessor |
| High School District: | Lebanon Community School Corp |
| Building Area Total: | 1,152 |
| Construction Materials: | Brick, Vinyl Siding |
| MLS Area Major: | Center |
| Cooling: | Central Air |
| Current Financing: | Conventional, FHA, VA |
| Directions: | GPS Friendly |
| Elementary School: | Central Elementary School |
| Fireplace Features: | Gas Log, Great Room |
| Fireplaces Total: | 1 |
| Foundation Details: | Block |
| Garage Spaces: | 1 |
| Garage?: | Yes |
| Heating: | Forced Air, Gas |
| High School: | Lebanon Senior High School |
| Interior Features: | Attic Pull Down Stairs, Cathedral Ceiling(s) |
| Levels: | One |
| Accessibility Features YN: | No |
| Acres: | <1/4 Acre |
| Affectedby Disclosures: | No |
| Association Phone: | 765-894-7107 |
| Bedrooms MU: | 2 |
| Beds MU: | 2 |
| Fencing: | Partial |
| Electric: | 100 Amp Service |
| Parking Total: | 1 |
| Laundry Features: | Laundry Room |
| Lot Features: | Cul-De-Sac, Storm Sewer, Street Lights |
| DPRYN: | No |
| Eating Area: | Dining Combo/Kitchen |
| Main Level Bedrooms: | 2 |
| Full Baths Basement: | 0 |
| Full Baths Main: | 2 |
| Full Baths MU: | 2 |
| Full Baths Upper: | 0 |
| Garage Parking Other: | Common Lot |
| HOA Disclosures: | Covenants & Restrictions |
| Main Level Sq Ft: | 1,152 |
| Management Company Name: | Somerset Commons HOA |
| Parking Features: | Attached |
| Ownership Interest Types: | Mandatory Fee |
| Price Acre: | 1000000 |
| Rooms MU: | 5 |
| Rooms Total MU: | 5 |
| Solid Waste: | Yes |
| Sq Ft MU: | 1152 |
| Tax Exemption: | Homestead Tax Exemption, Other Tax Exemption/See Remarks |
| Trans Type: | Sale |
| Middle Or Junior School: | Lebanon Middle School |
| Original List Price: | $240,000 |
| Other Equipment: | Smoke Alarm |
| Parcel Number: | 061130000001003002 |
| Possession: | Negotiable |
| Postal Code Plus4: | 1567 |
| Property Attached?: | Yes |
| Rooms Total: | 5 |
| State Or Province: | IN |
| Tax Year: | 2025 |
| Utilities: | Cable Available, Electricity Connected, Natural Gas Connected |
| Water Source: | Public |
| Association?: | Yes |
| Direction Faces: | East |
| Horse Amenities: | None |
| Full Bathrooms Mu: | 2 |
| Primary Bedroom Description: | Closet Walk in |
| Rooms Basement: | 0 |
| Rooms Main: | 5 |
| Rooms Upper: | 0 |
| Utility Prim Sewage Disp: | Municipal Sewer Connected |
| Patio And Porch Features: | Patio, Porch |
| Fence Yn: | Yes |
| Low Maintenance Lifestyle Yn: | Yes |
| Primary Bathroom Description: | Shower Stall Full |
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MIBOR Broker Listing Cooperative® data last updated on October 09, 2026 03:45 AM - ET
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Property Last Updated: October 09, 2026 03:45 AM - ET
