About This Home

This 3-bedroom, 3-bathroom townhouse at 518 Monarch Lane in Lebanon, IN is listed for $321,995 ($180 per sqft). Built in 2026, the home offers 1,793 sqft of living space on a 0.08 acres lot.

Key Features

  • Built in 2026
  • 0.08 acre lot
  • 2 stories

Property Details

2 stories
2 full, 1 half
2-car garage
2026

Amenities

A/C
Listing Description

Corbett Towns is a community of new townhomes coming soon to the peaceful city of Lebanon, IN. Corbett Towns is less than two miles east from the planned I-65 interchange at CR 300 North, giving residents a 20-mile commute to the beltway surrounding Indianapolis.

From big box retailers, grocery stores and restaurants along SR 39 to local parks and a charming downtown, Lebanon provides ample opportunities for recreation and enjoyment. This two-story townhome-style duplex is ideal for those who need space and flexibility.

On the first floor is the open living area with a kitchen, family room and dining area, plus a convenient flex room in the back of the home. Upstairs are three bedrooms, including the owner's suite, as well as a laundry room and a loft, which can be used as a living area or home office. *Photos/Tour of model may show features not selected in home.

Monthly Cost Estimate

$2,047/mo

20% down · 6.5% · 30 years

Principal$233
Interest$1,395
Insurance$94
HOA$325

Estimates only. Actual payments may vary.

Location

518 Monarch Lane

Lebanon, IN 46052

Corbett Towns

Features & Amenities

Interior Features

Walk-In Closet(s)Wood Work PaintedKitchen IslandPantrySmart Thermostat

Exterior Features

Smart Lock(s)

Property Details

Construction

Brick Vinyl Siding

Outdoor Features

Patio

Parking

Open

Heating

Natural Gas

Cooling

Central Air

Appliances

DishwasherElectric Water HeaterDisposalMicroHoodGas OvenRefrigerator

Questions & Answers

This 3-bedroom, 3-bathroom townhouse at 518 Monarch Lane is listed at $321,995 ($180/sqft). The estimated monthly payment is $2,047 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $325/month.

Key features include: Built in 2026, 0.08 acre lot, 2 stories. Interior Features: Walk-In Closet(s), Wood Work Painted, Kitchen Island. Exterior Features: Smart Lock(s).

This property is listed by Erin Hundley.

EH

Erin Hundley

Agent at Compass Indiana, LLC

Listed by Compass Indiana, LLC · Broker phone: (317) 563-5051 · View on Broker Site · Broker website

MLS# 22132688· Source: Broker Listing Cooperative®· 9 days on PropertySimple

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

518 Monarch Lane, Lebanon, IN 46052

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