105 N Allen Drive, Lebanon, IN 46052
- $50,000
- Sold Price
- $50,000
- List Price
- $75,000
- Closing Date
- Feb 26, 2026
- MLS#
- 22080216
- Property Type
- Land
- Days on Market
- 35
- Status
- SOLD
Property Description
PRIME MULTI-UNIT DEVELOPMENT OPPORTUNITY IN THE PATH OF PROGRESS Seize this rare investment-ready parcel in the heart of Lebanon's booming corridor! Strategically zoned R4, this level 18,000+ sq. ft. lot (111' x 164') is primed for a high-density residential build-ideal for up to 4 units. Efficiency is built-in with electrical, municipal sewer, and water already on-site, drastically reducing your pre-development costs. Beyond traditional residential, the flexible zoning and location offer incredible potential for specialized ventures such as adult/memory care facilities, a cell tower site, or a live-in business. With I-65 freeway access mere yards away, your future tenants or clients enjoy unparalleled connectivity to the LEAP District and Indianapolis. Lebanon is growing fast-build your portfolio here! Please see the attached documents for the City's worksheet with lists the primary and conditional use options allowed by the R4 zoning
Additional Information
- Present Zoning
- Multi-Fam, Single Family, See Remarks, Other
- Land Characteristics
- Mature Trees, Platted Subdivision, Small Trees
- Topography
- Level
- Soil Type
- Other
- Development Status
- NoStatus
- Facilities on Site
- Electric, Telephone, Water & Sewer
- Facilities near Site
- Cable, See Remarks
- Water
- Municipal Water on Site
- Sewer
- Public Sewer
- Road Access
- Access Rd
- Road Frontage
- City Street
- Road Surface
- Asphalt
- Acres
- 0.41
- Water
- Municipal Water on Site
- Region
- Center
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Listing courtesy of F.C. Tucker Company. Selling Office: @properties.
Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative