NOT LISTED FOR SALE

506 W Frank St Mitchell, IN 47446

Mitchell Area

Estimated Value: $57,000 - $291,000

3 Beds
2.5 Baths
2,554 Sq Ft
$52/Sq Ft Est. Value

Sale Details

Date Sold: July 15, 2025

Last sale price $23,500 $9 Per Sq Ft

Est. 461% increase in value since last sale

Current estimated payment $856 / mo

92 Days on Market

Highlights

  • Victorian Architecture
  • Level Lot
  • Wood Siding
  • Central Air

About This Home

As of July 2025

Investors & Restoration Specialists! Can you envision the possibilities of this old diamond in the rough being brought back to its splendor beginnings. 1 1/2 story, 3 Bedroom, 2 1/2 bath Victorian home situated on well shaded lot located next to the new Monon South walking trail and downtown Mitchell. Home has lots of potential but is in need of major repairs & updates. Home is being Sold As Is. Seller specifies that the buyer must buy it for the purpose of rehabilitating the house and property to be liveable. Buyer needs to verify room sizes.

Last Agent to Sell the Property

Debra Suddarth

Suddarth & Company Brokerage Phone: 812-849-3456 Listed on: 04/10/2025

Last Buyer's Agent

Bedford NonMember

NonMember BED

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1885

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x130
  • Level Lot

Home Design

  • Victorian Architecture
  • Wood Siding
  • Composite Building Materials

Interior Spaces

  • 1.5-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Basement Cellar
  • 1 Bedroom in Basement

Location

  • Suburban Location

Schools

  • Burris/Hatfield Elementary School
  • Mitchell Middle School
  • Mitchell High School

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 47-14-01-211-025.000-005
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Year Built

Built in 1885

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1885
  • Style: One and Half Story
  • Architectural Style: Victorian
  • Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: ORIG LOT 508
  • Parcel Number ID: 47-14-01-211-025.000-005
  • Platted: Yes
  • Cross Street: 5th Street
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Number Below Grade Bedrooms: 1
  • Road Access: City
  • Road Surface: Paved
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2554
  • Total Finished Sq Ft: 2554
  • Above Grade Finished Sq Ft: 2554
  • Basement: Yes
  • Basement Foundation: Cellar
  • Bedroom 1: Dimensions: 10x13, On Level: Upper
  • Bedroom 2: Dimensions: 10x12, On Level: Upper
  • Bedroom 3: Dimensions: 10x12, On Level: Main
  • Main Level Sq Ft: 1277
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Wood
  • Roof Material: Composite
  • Outbuilding1: None

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Water Company: Mitchell Water

Schools

  • Elementary School: Burris/Hatfield

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 50X130
  • Estimated Lot Sq Ft: 4792
  • Estimated Lot Size Acres: 0.11

Tax Info

  • Annual Taxes: 2300

MLS Schools

  • High School: Mitchell
  • Middle School: Mitchell
  • School District: Mitchell Community Schools

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Mitchell, IN

  • Karen Goodwine Real Estate Agent - Williams Carpenter Realtors

    Karen Goodwine

    Williams Carpenter Realtors

    (812) 578-7347

    228 Total Sales

    15 in Mitchell

    $40K - $300K Price Range

    Karen Goodwine
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  • RANDY CHAPLIN Real Estate Agent - Brooks Galloway Real Estate

    RANDY CHAPLIN

    Responds Quickly

    Brooks Galloway Real Estate

    (930) 900-2792

    157 Total Sales

    1 in Mitchell

    $249,900 Price

    RANDY CHAPLIN
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  • Cody Coffey Real Estate Agent - United Country Coffey Realty & Auction

    Cody Coffey

    United Country Coffey Realty & Auction

    (930) 200-5707

    37 Total Sales

    1 in Mitchell

    $12,000 Price

    Cody Coffey
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  • Liz Kienzynski Real Estate Agent - F.C. Tucker Advantage, REALTOR

    Liz Kienzynski

    F.C. Tucker Advantage, REALTOR

    (930) 200-4884

    71 Total Sales

    1 in Mitchell

    $240,000 Price

    Liz Kienzynski
     Section Image
  • Brad Garrison Real Estate Agent - Whitetail Properties

    Brad Garrison

    Whitetail Properties

    (877) 395-6049

    103 Total Sales

    1 in Mitchell

    $750,000 Price

    Brad Garrison
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  • Gabrielle Getts Real Estate Agent - United Country Coffey Realty & Auction

    Gabrielle Getts

    United Country Coffey Realty & Auction

    (930) 219-4380

    18 Total Sales

    1 in Mitchell

    $167,500 Price

    Gabrielle Getts
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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 Prior Sale
07/15/2025 07/15/25 Sold $23,500 -21.7% $9 / Sq Ft
04/10/2025 04/10/25 For Sale $30,000 -45.9% $12 / Sq Ft
05/28/2024 05/28/24 Sold $55,500 0.0% $22 / Sq Ft View Prior Sale
05/28/2024 05/28/24 Pending -- -- --
05/28/2024 05/28/24 For Sale $55,500 -- $22 / Sq Ft
Source: Indiana Regional MLS

Agents Affiliated with this Home

  • Debra Suddarth Real Estate Agent - Suddarth & Company

    Seller's Agent in 2025

    Debra Suddarth

    Suddarth & Company

    (812) 583-1431

    167 Total Sales

    Debra Suddarth
    Section Image

  • B

    Buyer's Agent in 2025

    Bedford NonMember

    NonMember BED

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Map

Source: Indiana Regional MLS

MLS Number: 202512466

Indiana Regional MLS

APN: 47-14-01-211-025.000-005

Indiana Lawrence County Mitchell 47446

506 W Frank St, Mitchell, IN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Based on information submitted to the MLS GRID

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