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

$ 1,500

Style

Lot Size

12.12

Year Built

2020

Town/City

Mitchell

County/Region

Lawrence

MLS | Web ID

22134425

Features
Interior
Interior Amenities Attic Access Breakfast Bar Vaulted Ceiling(s) Kitchen Island Paddle Fan Pantry Walk-In Closet(s) Wood Work Stained
Basement (Y/N) N
Half Baths 0
Laundry Features Main Level Sink
Total Bedrooms 2
Main Level Bedrooms 2
Total Baths 3
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General
Heating Forced Air Propane Radiant Floor
Cooling Central Air Heat Pump
Utilities Electricity Connected Septic System Water Connected
Possession Closing
Appliances Dishwasher Disposal Microwave Propane Water Heater Refrigerator Free-Standing Freezer
Garage Spaces 3
Patio/Porch Features Covered
Architectural Style Other
Construction Materials Other
Year Built 2020
View Rural Trees/Woods
Township Marion
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
County Lawrence
New Construction N
Property Type Residential
HOA N
Subdivision Name No Subdivision
Garage Y/N Y
Total Rooms 6
Full Baths 3
Status Active
Directions From south: SR 37 N to Mitchell L on Spice Valley Rd L on Thompson Ln. From north: SR 37 S to Mitchell R on Spice Valley Rd L on Thompson Ln.
High School Mitchell High School
City Mitchell
High School District Mitchell Community Schools
MLS Area 4707 - Lawrence - Marion
Lot Size Square Feet 527947
Property Attached Y/N N
Current Financing Conventional FHA USDA VA
Middle/Junior High School Mitchell Jr High School
Additional Parcels Y/N N
Standard Status Active
Tax Lot N/A
Legal Description Sec 4 Twp 3 R1w 12.12A Se Pt Nw Ne
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Exterior
Parking Features Attached Garage Door Opener
Lot Features Not In Subdivision Rural - Not Subdivision Wooded
Water Source Public
Foundation Details Poured Concrete
Spa N
Building Area Total 1600
Lot Size Acres 12.12
Waterfront Y/N N
Horse Amenities None
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* Excluded Features
List By
Nexthome Wilson Real Estate Services

Broker

s.realtorwilson2@gmail.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
4175809 Elementary School
4574582 Middle School
Mitchell High School High School
Pricing History
DatePricePrice ChangeDescription
11/1/2026$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