Ryne Shadday
Century 21 Scheetz - Bloomington
(930) 219-5063
103 Total Sales
1 in Mitchell
$191,000 Price
305 N 6th St Mitchell, IN 47446
Mitchell AreaEstimated Value: $234,666
8
Beds
4
Baths
3,192
Sq Ft
$74/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Covered Patio or Porch
- Landscaped
- Corner Lot
- Eat-In Kitchen
- Multiple cooling system units
About This Home
As of June 2025ATTENTION INVESTORS! MULTI-UNIT RENTAL PROPERTY IN PRIME LOCATION!!! This income-generating rental property features two buildings, each with TWO units - a total of FOUR rentable units in a high demand area inside the Mitchell city limits. Each 2-bedroom, 1-bath unit is total electric and includes washer and dryer hookups for tenant convenience. Recent updates (see attachments) include new shingles on both buildings, reducing maintenance costs and increasing property values! With its prime location near shopping, dining and public transportation, this property offers strong rental potential with consistent cash flow opportunities. You will not want to miss out on this incredible investment opportunity!
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,608
Year Built
- Built in 1997
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 100 x 264
- Landscaped
- Corner Lot
- Level Lot
Home Design
- Duplex
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 1-Story Property
- Open Floorplan
- Ceiling Fan
- Fire and Smoke Detector
- Washer Hookup
Kitchen
- Eat-In Kitchen
- Laminate Countertops
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Basement
- Block Basement Construction
- Crawl Space
Parking
- 4 Parking Spaces
- On-Street Parking
Schools
- Burris/Hatfield Elementary School
- Mitchell Middle School
- Mitchell High School
Utilities
- Multiple cooling system units
- Central Air
- Multiple Heating Units
- Heat Pump System
- Electric Water Heater
Additional Features
- Covered Patio or Porch
- Suburban Location
Listing and Financial Details
- Tenant pays for cable, cooling, electric, heating, sewer, trash collection, water
- The owner pays for building insurance, lawn maintenance, maintenance
- Assessor Parcel Number 47-11-36-301-006.000-005
Community Details
Overview
- 2 Buildings
- 4 Units
Pet Policy
- Pets Allowed with Restrictions
Building Details
- 4 Separate Electric Meters
- 4 Separate Water Meters
- Insurance Expense $1,600
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 19, 2007
Sold by
Bought by
Current Estimated Value
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Mitchell, IN
-
Ryne Shadday
-
Laura Stevens
Laura Stevens
Responds QuicklyThe Indiana Team LLC
(930) 219-4375
183 Total Sales
2 in Mitchell
$238,000 Price Range
-
Bobbi Powell
Bobbi Powell
RE/MAX Acclaimed Properties
(812) 578-7901
35 Total Sales
7 in Mitchell
$115K - $248K Price Range
-
Kelly Jones
Kelly Jones
Partners Realty Group
(930) 219-4097
83 Total Sales
1 in Mitchell
$270,000 Price
-
Nicole Stanley
Nicole Stanley
REMAX CORNERSTONE
(765) 719-8861
181 Total Sales
1 in Mitchell
$160,680 Price
-
Scott Harmeyer
Scott Harmeyer
F.C. Tucker Company
(765) 613-3412
120 Total Sales
1 in Mitchell
$55,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $61,500 | -- |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/16/2025 06/16/25 | Sold | $260,000 | -1.8% | $81 / Sq Ft |
| 04/02/2025 04/02/25 | For Sale | $264,900 | -- | $83 / Sq Ft |
Source: Indiana Regional MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,924 | $243,200 | $7,600 | $235,600 |
| 2024 | $4,608 | $227,400 | $7,400 | $220,000 |
| 2023 | $4,186 | $206,300 | $7,100 | $199,200 |
| 2022 | $3,900 | $195,000 | $7,000 | $188,000 |
| 2021 | $3,494 | $174,700 | $6,700 | $168,000 |
| 2020 | $3,326 | $166,300 | $6,500 | $159,800 |
| 2019 | $3,108 | $155,400 | $6,200 | $149,200 |
| 2018 | $3,096 | $154,800 | $6,100 | $148,700 |
| 2017 | $3,292 | $164,600 | $6,000 | $158,600 |
| 2016 | $3,336 | $166,800 | $6,000 | $160,800 |
| 2014 | $3,416 | $170,800 | $6,000 | $164,800 |
Source: Public Records
Map
Source: Indiana Regional MLS
MLS Number: 202511105
APN: 47-11-36-301-006.000-005
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Based on information submitted to the MLS GRID
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