4161 Us Hwy 50 Highway Mitchell, IN $ 189,000
4161 Us Hwy 50 Highway
$ 189,000
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4161 Us Hwy 50 Highway

Mitchell, IN, 47446
$ 189,000
Bedrooms4 Baths6.0 Sq 1,296

Monthly Estimate*

$ 1,164

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Single Family Home for sale in Mitchell, IN

for $189,000 with 4 bedrooms and 6 full baths. This 1,296 square foot home was built in 1945 on a lot size of 4.

Exceptional 4-acre investment opportunity featuring four well-maintained buildings with incredible versatility and income potential. Three of the buildings share a cohesive exterior design while offering distinct interior layouts and functionality. One structure, previously used as a homestead, was originally built as two separate units and has been modified to include a central sitting area while still maintaining a kitchen, bathroom, and living space on each side, making it ideal for multi-generational living or conversion back to a duplex configuration. The second building remains configured as two separate one-bedroom, one-bathroom units, each with private entrances and individual living spaces, providing immediate rental potential. The third building has been converted to include a full kitchen, two bathrooms, and a communal laundry area at the rear, offering flexibility for shared housing, commercial use, or service-oriented operations. The fourth building was constructed and utilized as a church and features two restrooms with two stalls in each, with pew seating included in the sale, presenting an excellent opportunity for continued community use, retail conversion, event space, or redevelopment. A major capital improvement includes new metal roofs installed on all buildings, adding long-term durability and value. With ample acreage and multiple structures, this property is well suited for multi-unit rental development, mixed-use concepts, a much-needed neighborhood convenience store, or a customized vision aligned with your real estate investment goals. Shed not included in sale.

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Single Family Active

Price

$ 189,000

Bedrooms

4

Full Bath

6

Property Type

Single Family

Taxes

$ 1,258

Style

Site-Built Home

Lot Size

4

Year Built

1945

Town/City

Mitchell

County/Region

Lawrence

MLS | Web ID

202604456

Features
General
Sewer Septic
Heating Forced Air
Cooling Central Air
Laundry Y/N Main
Fireplaces No
Status Active Active
Full Baths 6
Half Baths 0
Bathrooms 6
Year Built 1945
New Construction No
Subdivision None
Style One Story
Township Spice Valley
Class RESIDENTIAL
Type Site-Built Home
Age 81
REO No
Status Detail 0
Area Lawrence County
High School Mitchell
City Mitchell
School District Mitchell Community Schools
Total Sq Ft 1296
Elementary School Burris/Hatfield
Middle School Mitchell
Legal Description SEC 34 TWP 4 R 2W 4A TOTAL PT E 1/2 SW TR15 -3.25A TR47 -.75A
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202604456
Agent First Name Chelsea
Agent Last Name Kieffner
DOM 5
Tax Year 2025 pay 2024
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Interior
Basement Slab
Beds 4
Total Rooms 20
Full Baths Main 6
Full Baths Upper 0
Above Grade Bedrooms 4
Below Grade Baths 0
Below Grade Bedrooms 0
Full Baths Below Grade 0
Half Baths Below Grade 0
Half Baths Main 0
Half Baths Upper 0
1st Bedroom Level Main
1st Bedroom Width 10
2nd Bedroom Length 10
2nd Bedroom Level Main
2nd Bedroom Width 10
3rd Bedroom Length 10
3rd Bedroom Level Main
3rd Bedroom Width 10
4th Bedroom Length 10
4th Bedroom Level Main
4th Bedroom Width 10
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Exterior
Exterior Brick Metal
Pool No
Lot Size Area 174240
Lot Dimensions 4 acres
Lot Description Level Partially Wooded
Waterfront Y/N No
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* Excluded Features
List By
Chelsea Kieffner

Listing Agent

Ck Realty Homes

Broker

chelseakieffner@gmail.com

Email

Affordability Calculator

$1,269
Per Month
92%
8%
0%
Monthly Principal & Interest
$1,164
Monthly Property Taxes
$105
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
2148818 Elementary School
1235650 Middle School
Mitchell High School High School
Pricing History
DatePricePrice ChangeDescription
2/12/2026$189,000 Listed Price

Map


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4161 Us Hwy 50 Highway, Mitchell, IN, 47446 is a Single Family Home for sale at $189,000 with 1,296 sqft and a lot size of 4. 4161 Us Hwy 50 Highway has 4 bedrooms, 6.0 baths, and was built in 1945. The property's zip code is 47446 which is in Mitchell, IN