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For sale
  • $499,000

    520 Thompson Lane, Mitchell, IN 47446

    2beds
    1,600sqft
    : 
    $3,339/mo
    Get pre-qualified
    Single Family Residence
    Built in 2020
    12.12 Acres Lot
    $479,100 Zestimate®
    $312/sqft
    $-- HOA

    What's special

    Wooded surroundingsExpansive covered porchLarge tiled walk-in showerVaulted ceilingsGranite countertopsExposed wood beamsSpacious primary bedroom
    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!
    3 days
    532
    53

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Jennifer Burns,

    NextHome Wilson Real Estate

    Source: SIRA,MLS#: 2026012352MLS LogoOriginating MLS: Southern Indiana REALTORS Association

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Forced Air, Radiant
      Cooling
      • Central Air, Heat Pump
      Appliances
      • Included: Dishwasher, Freezer, Disposal, Microwave, Oven, Range, Refrigerator
      • Laundry: Main Level, Laundry Room
      Features
      • 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)
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 1,600
      • Total interior livable area: 1,600 sqft
      • Finished area above ground: 1,600
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 3
      • Parking features: Attached, Garage, Garage Door Opener
      • Attached garage spaces: 3
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Porch
      • Exterior features: Fence, Porch
      • Fencing: Yard Fenced
      • Has view: Yes
      • View description: Park/Greenbelt, Scenic
      Lot
      • Size: 12.12 Acres
      • Features: Split Possible, Secluded, Wooded
      Details
      • Parcel number: 0400113704P50
      • Zoning: Residential,Agri/ Residen
      • Zoning description: Residential,Agri/ Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Barndominium,Two Story
      • Property subtype: Single Family Residence
      Materials
      • Metal Siding, Frame
      • Foundation: Poured
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 2020

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Connected, Public

      Community & HOA

      Location
      • Region: Mitchell

      Financial & listing details

      • Price per square foot: $312/sqft
      • Tax assessed value: $212,000
      • Annual tax amount: $1,499
      • Date on market: 10/6/2026
      • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
      • Road surface type: Paved

        Estimated market value

        $479,100

        $455,000 - $503,000

        $2,017/mo

        Price history

        DateEventPrice
        10/7/2026Listed for sale$499,000$312/sqft
        Source: SIRA #2026012352 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,499 -0.8%$212,000 +7.6%
        2024$1,512 +21.8%$197,100 +7.5%
        2023$1,241 +3.3%$183,400 +8.1%
        2022$1,201 +4.6%$169,700 +12.4%
        2021$1,149 +2994.2%$151,000 +5.4%
        2020$37 -1.2%$143,200 +7060%
        2019$38 -10.7%$2,000
        2018$42 -6.6%$2,000 -13%
        2017$45 $2,300 -8%
        2016$45 -5.8%$2,500 -3.8%
        2014$48 $2,600
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 47446

        Getting around

        0 / 100
        Car-Dependent
        3 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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