4161 Us Highway 50 W Mitchell, IN 47446
Estimated payment $1,325/month
Highlights
- Partially Wooded Lot
- Forced Air Heating and Cooling System
- Level Lot
- 1-Story Property
About This Home
New investment opportunity.... 4 buildings on 4 acres! 3 of the 4 buildings are identical from the exterior but offer different floor plans and functionality. One of the buildings have been used as a homestead for many years and although built to be two separate units, it was converted to have an additional sitting area between to the units but still has a kitchen, bathroom, and living space on each side of the converted unit. The second building is still two singular units with one bedroom, one bathroom, and a living space each with their own private entrances. The third building was converted into a full kitchen equipped with two bathrooms and a communal laundry room at the back of the building. The last building was built and used as a church with two bathrooms with two stalls in each. Pew seating include in sale. A major update includes new metal roofs on all the buildings! Shed not included in sale. This property can be transformed into multi-unit rental properties, a convenient store the area wants and needs, both, or whatever you deem fit that match your real estate goals!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,259
Year Built
- Built in 1945
Lot Details
- 4 Acre Lot
- Level Lot
- Partially Wooded Lot
Home Design
- Brick Exterior Construction
- Slab Foundation
- Metal Roof
- Metal Siding
Interior Spaces
- 1,296 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 6 Full Bathrooms
Schools
- Burris/Hatfield Elementary School
- Mitchell Middle School
- Mitchell High School
Utilities
- Forced Air Heating and Cooling System
- Septic System
Listing and Financial Details
- Assessor Parcel Number 47-12-34-300-015.000-013
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $1,020 | $119,300 | $34,900 | $84,400 |
| 2023 | $1,201 | $117,300 | $34,200 | $83,100 |
| 2022 | $1,011 | $117,200 | $31,200 | $86,000 |
| 2021 | $466 | $75,200 | $29,200 | $46,000 |
| 2020 | $1,211 | $74,400 | $28,400 | $46,000 |
| 2019 | $196 | $40,200 | $21,200 | $19,000 |
| 2018 | $738 | $39,500 | $20,800 | $18,700 |
| 2017 | $746 | $41,100 | $20,400 | $20,700 |
| 2016 | $726 | $40,600 | $20,200 | $20,400 |
| 2014 | $745 | $40,500 | $17,000 | $23,500 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/21/2025 03/21/25 | Price Changed | $220,000 | -4.3% | $170 / Sq Ft |
| 01/17/2025 01/17/25 | For Sale | $230,000 | -- | $177 / Sq Ft |
Source: Indiana Regional MLS
MLS Number: 202501599
APN: 47-12-34-300-015.000-013
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