SR 506 next intersects Skeen Road, then curves to the northeast, and meets Carmel Road (CR 76). Immediately after this intersection, SR 506 arrives at its junction with SR 753 in the hamlet of Carmel, where the highway comes to an end. The road that continues beyond SR 753 after SR 506 terminates is Cynthiana Road.
SR 506 next intersects Skeen Road, then turns northeast, and meets Carmel Road (CR 76). Immediately after this intersection, SR 506 reaches its junction with SR 753 in the hamlet of Carmel, where the highway ends. The road that continues beyond SR 753 after SR 506 terminates is Cynthiana Road.