Active

$550,000

11401 W 500 S, Mentone, IN 46539

2beds

1,915sqft

N/A

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Single Family Residence

Built in 1980

5.18 Acres Lot

$527,100 Zestimate^®

$--/sqft

$-- HOA

What's special

Rare opportunity to own this truly unique property situated on just over 5 beautiful acres with a stunning private pond! This one-of-a-kind property features a massive 7,200+ sq. ft. barn that previously housed horses and includes upper-level hay storage, offering endless possibilities for a business, hobby farm, workshop, or recreational use. The lower level of the house includes a kitchen, full bath, and two additional rooms perfect for offices, a den, pantry space, or flex rooms. Upstairs, you’ll find a spacious family room centered around a gorgeous stone chimney, a primary suite with an attached full bath, and a second bedroom. Enjoy peaceful views from the large screened-in porch or relax on the wood deck overlooking the impressive 22-foot-deep pond. The dock and fish house remain with the property. The large greenhouse along the house is a gardener's dream and helps to heat the house. A truly special setting with endless potential!

105 days
372
25

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2
Main level bedrooms: 2

Bedroom 1

Level: Main

Bedroom 2

Level: Main

Dining room

Level: Lower
Area: 160
Dimensions: 16 x 10

Kitchen

Level: Lower
Area: 304
Dimensions: 19 x 16

Living room

Level: Main
Area: 744
Dimensions: 31 x 24

Office

Level: Lower
Area: 100
Dimensions: 10 x 10

Heating

Other

Cooling

Central Air, Ceiling Fan(s)

Appliances

Included: Dishwasher, Refrigerator, Washer, Dryer-Gas, Gas Oven, Water Filtration System, Water Softener Owned
Laundry: Gas Dryer Hookup

Features

Ceiling-9+, Ceiling Fan(s), Natural Woodwork, Stand Up Shower, Main Level Bedroom Suite
Flooring: Carpet
Windows: Skylight(s)
Basement: Full,Walk-Out Access,Finished,Concrete
Number of fireplaces: 1
Fireplace features: Kitchen

Interior area

Total structure area: 2,605
Total interior livable area: 1,915 sqft
Finished area above ground: 1,450
Finished area below ground: 465

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 2
Parking features: Attached, Garage Door Opener
Attached garage spaces: 2

Features

Patio & porch: Enclosed
Has spa: Yes
Spa features: Jet Tub, Jet/Garden Tub
On waterfront: Yes
Waterfront features: Pier/Dock, Private Beach, Pond

Lot

Size: 5.18 Acres
Dimensions: 330X67.5
Features: Level, Few Trees, 3-5.9999, Rural, Landscaped

Details

Additional structures: Barn(s), Barn
Additional parcels included: 1572000481
Parcel number: 431311100074.000005

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Wood Siding

Condition

New construction: No
Year built: 1980

Utilities & green energy

Sewer: Private Sewer
Water: Well

Community & HOA

Community

Subdivision: None

Location

Region: Mentone

Financial & listing details

Tax assessed value: $325,700
Annual tax amount: $1,990
Date on market: 5/19/2026
Listing terms: Cash,Conventional
Road surface type: Gravel

Estimated market value

$527,100

$501,000 - $553,000

$1,556/mo

Price history

Date	Event	Price
5/19/2026	Price change	$550,000-19.1%
Source: IRMLS #202619045 Report a problem
3/19/2026	Listed for sale	$680,000$355/sqft
Source: Owner Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,195 -4.4%	$325,700 +5.5%
2024	$2,296 -6.6%	$308,600 +4.4%
2023	$2,458 +34.4%	$295,600 +1.9%
2022	$1,829 +3%	$290,200 +32.1%
2021	$1,776 +9.6%	$219,600 +4.3%
2020	$1,621 +1%	$210,500 +4.4%
2019	$1,605 +9.2%	$201,600 +2.9%
2018	$1,470 -30%	$195,900 +2.5%
2017	$2,100 +60.1%	$191,100 +1.8%
2016	$1,312 -8.4%	$187,800 -0.1%
2014	$1,432 -0.1%	$187,900 +0.1%
2013	$1,433 +13.6%	$187,700 +13.9%
2012	$1,262 -6.8%	$164,800 -3.4%
2011	$1,353 -5.6%	$170,600 -2.6%
2010	$1,433 +70.1%	$175,200 +35.8%
2009	$843 -7.5%	$129,000 +0.1%
2007	$911	$128,900 -2.6%
2006	--	$132,300 +15.8%
2005	--	$114,200