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502 Monarch Lane

Lebanon, IN 46052

ActiveListed Oct 1, 2026 · 20 days on market

Key facts

Beds
3
Baths
2 full · 1 half
Living area
1,727 sqft
Lot
0.1 acres
Year built
2026
Type
Residential · Townhouse
Stories
Two
Garage
2 spaces
MLS #
22128980
County
Boone
Subdivision
Corbett Towns
New construction
Yes

About this home

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 makes smart use of the available space. The open living area is on the first floor and includes a kitchen, family room and dining area with a covered patio attached. Upstairs are three bedrooms, including the owner's suite, as well as a versatile loft and laundry room. *Photos/Tour of model may show features not selected in home.

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDisposalMicroHoodGas OvenRefrigerator
Interior features
Attic AccessKitchen IslandEntrance FoyerPantrySmart ThermostatWalk-In Closet(s)
Rooms
7
Condition
New Construction

Exterior

Exterior features
Smart Lock(s)
Patio and porch
Covered
Construction
BrickVinyl Siding
Foundation
Slab
Style
Traditional
Parking and garage
AttachedConcreteGarage Door Opener
Other equipment
Smoke Alarm

Systems

Heating
Natural GasHigh Efficiency (90%+ AFUE )
Cooling
Central Air
Water
Public

Lot and HOA

HOA fee
$325 / quarterly

Schools

Elementary school
Central Elementary School
Middle school
Lebanon Middle School
High school
Lebanon Senior High School
School district
Lebanon Community School Corp

Taxes

Tax year
2025

Estimate your monthly payment

$2,093per month, estimated
Principal and interest $1,608Property tax $266Insurance $112HOA $108
20% · $63,799
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax at 1.0% of price (Indiana homestead-capped at 1%), homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$318,995
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