520 Thompson Lane Mitchell, IN $ 499,000
520 Thompson Lane
$ 499,000
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520 Thompson Lane

Mitchell, IN, 47446
$ 499,000
Bedrooms2 Baths3.0 Sq 1,600

Monthly Estimate*

$ 3,446

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Single Family Home for sale in Mitchell, IN

for $499,000 with 2 bedrooms and 3 full baths. This 1,600 square foot home was built in 2020 on a lot size of 12.12.

Room to unwind, space to create, and 12 wooded acres to call your own! This barndominium offers approximately 1,600 square feet of finished living space with 2 bedrooms and 3 bathrooms, plus an impressive 3,000-square-foot garage and approximately 900 square feet of unfinished space planned as an apartment. Inside, vaulted ceilings and exposed wood beams bring warmth and character to the open living area. The kitchen features contrasting cabinetry, granite countertops, and island seating that keeps everyone connected. The spacious primary bedroom opens directly to the covered porch, while the bathroom features a large tiled walk-in shower and separate soaking tub. A walk-in closet and laundry room with cabinetry and a utility sink add everyday convenience. Outside, the expansive covered porch invites you to slow down and enjoy the wooded surroundings. The garage offers exceptional room for vehicles, equipment, storage, and hobbies, while the unfinished apartment area provides an opportunity to customize additional space to suit your needs. With a blend of comfortable living, generous workspace, and room to explore, this property offers possibilities well beyond the ordinary. Schedule your showing and see it for yourself!

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Single Family Active

Price

$ 499,000

Bedrooms

2

Full Bath

3

Property Type

Single Family

Taxes

$ 1,499

Style

Lot Size

12.12

Year Built

2020

Town/City

Mitchell

County/Region

Lawrence

MLS | Web ID

2026012352

Features
General
Sewer Septic Tank
Heating Forced Air Radiant
Cooling Central Air Heat Pump
Possession Close Of Escrow
Roof Metal
Appliances Dishwasher Freezer Disposal Microwave Oven Range Refrigerator
Development Status Other
Zoning Residential Agri/ Residen
Garage Spaces 3
Patio/Porch Features Covered Porch
Architectural Style Barndominium Two Story
Construction Materials Metal Siding Frame
Year Built 2020
View Park/Greenbelt Scenic
Stories Count 2
Township Marion
Levels Two
Property Subtype Residential
County Lawrence
New Construction false
Property Type Residential
Attached Garage true
Garage Y/N true
Total Rooms 0
Full Baths 3
Status Active
Directions From south: SR 37 north to Mitchell; left on Spice Valley Rd then left on Thompson Ln to 520. From north: SR 37 south to Mitchell; right on Spice Valley Rd then left on Thompson Ln to 520.
City Mitchell
Zoning Description Residential Agri/ Residential
MLS Area Rural
Lot Size Units Acres
Lot Size Square Feet 527947.2
Listing Terms Cash Conventional FHA USDA Loan VA Loan
Tax Annual Amount 1499
Standard Status Active
Property Sub Type Additional Residential
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Interior
Interior Amenities Attic Breakfast Bar Bathroom Rough-In Ceramic Bath Ceiling Fan(s) Separate/Formal Dining Room Garden Tub/Roman Tub Kitchen Island Bath in Primary Bedroom Main Level Primary Mud Room Open Floorplan Pantry Split Bedrooms Storage Separate Shower Utility Room Vaulted Ceiling(s) Natural Woodwork Walk-In Closet(s)
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Above Grade Finished Area 1600
Half Baths 0
Laundry Features Main Level Laundry Room
Total Bedrooms 2
Below Grade Finished Area 0
Total Baths 3
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Exterior
Exterior Amenities Fence Porch
Fencing Yard Fenced
Parking Features Attached Garage Garage Door Opener
Lot Features Split Possible Secluded Wooded
Water Source Connected Public
Lot Size Area 12.12
Foundation Details Poured
Building Area Total 1600
Lot Size Acres 12.12
Road Surface Type Paved
Lot Size Source Assessor
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* Excluded Features
List By
Jennifer Burns

Listing Agent

Nexthome Wilson Real Estate

Broker

jenniferburns@nhwilson.com

Email

Affordability Calculator

$3,571
Per Month
97%
3%
0%
Monthly Principal & Interest
$3,446
Monthly Property Taxes
$125
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
10/7/2026$499,000 Listed Price

Map


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520 Thompson Lane, Mitchell, IN, 47446 is a Single Family Home for sale at $499,000 with 1,600 sqft and a lot size of 12.12. 520 Thompson Lane has 2 bedrooms, 3.0 baths, and was built in 2020. The property's zip code is 47446 which is in Mitchell, IN