NOT LISTED FOR SALE

611 W Warren St Mitchell, IN 47446

Estimated Value: $144,873 - $174,000

3 Beds
2 Baths
1,792 Sq Ft
$86/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $85,000 $47 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $962/month

86 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Partially Fenced Property
  • Level Lot
  • Laundry Facilities

About This Home

As of April 2021

PROFITABLE. VERSATILE. ESTABLISHED. Conveniently located in the heart of downtown Mitchell, this two-story property offers excellent investment potential with two fully rented units. The downstairs unit features TWO bedrooms and ONE bathroom, a carpeted living room, and an eat-in kitchen just off the living space. The bathroom includes a tub/shower combo with a tiled floor for easy maintenance. Upstairs, the second unit provides ONE bedroom and ONE bathroom, a bright carpeted living room with plenty of natural light, and an eat-in kitchen conveniently located off the living area. The bathroom also includes a tub/shower combo with a tiled floor. Tenants benefit from shared laundry facilities on-site. Utilities are provided by Duke Energy, CenterPoint, and Mitchell City Utilities. This property combines convenience, functionality, and steady rental income - all within walking distance to local amenities. Don’t miss this opportunity to own a well-maintained, income-producing property in the heart of downtown Mitchell.

Last Buyer's Agent

Teresa Saunders

Keach & Grove Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,200

Year Built

  • Built in 1856

Lot Details

  • Lot Dimensions are 48x132
  • Partially Fenced Property
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Location

  • Suburban Location

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 47-11-36-342-030.000-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,200

Year Built

Built in 1856

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1856
  • Style: Two Story
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Orig Lot 137 Exc W2
  • Parcel Number ID: 47-11-36-342-030.000-005
  • Platted: Yes
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Asphalt
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 1792
  • Total Finished Sq Ft: 1792
  • Above Grade Finished Sq Ft: 1792
  • Bedroom 1: Dimensions: 10x12, On Level: Main
  • Bedroom 2: Dimensions: 12x14, On Level: Upper
  • Bedroom 3: Dimensions: 10x10, On Level: Upper
  • Main Level Sq Ft: 944
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None
  • Fence: Partial

Garage/Parking

  • Driveway: Gravel

Utilities

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

Condo/Co-op/Association

  • Common Amenities: Laundry Facilities

Schools

  • Elementary School: Burris/Hatfield

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 48x132

Tax Info

  • Annual Taxes: 1200

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2020
Closed on
Apr 9, 2021
Sold by
59 Properties Llc
Bought by
Pemberton Terry
Buyer's Agent
Teresa Saunders
Keach & Grove Real Estate, LLC
List Price
$99,900
Sold Price
$85,000
Premium/Discount to List
-$14,900
-14.91%
Current Estimated Value
$154,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,968
Avg. Annual Appreciation
13.54%
Original Mortgage
$76,500
Outstanding Balance
$69,126
Interest Rate
3.05%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$85,842

Purchase Details

Listed on
Aug 16, 2019
Closed on
Sep 30, 2019
Sold by
Kevin & Lisa Rentals Llc
Bought by
59 Properties Llc
Seller's Agent
Lisa Jines-Plessinger
Cutting Edge Realty and Auctioneer Services
Buyer's Agent
Lisa Jines-Plessinger
Christy's of Indiana
List Price
$1
Sold Price
$24,000
Premium/Discount to List
$23,999
2399900%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
128.54%
Original Mortgage
$20,400
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2007
Sold by
Wagner Dorothy F
Bought by
Henderson Kevin D and Henderson Margaret R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pemberton Terry -- None Available
59 Properties Llc -- --
Henderson Kevin D $44,000 Lawrence County Abstract Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pemberton Terry $76,500
Previous Owner 59 Properties Llc $20,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2025 10/01/25 For Sale $150,000 +76.5% $84 / Sq Ft
04/09/2021 04/09/21 Sold $85,000 -10.4% $47 / Sq Ft
01/12/2021 01/12/21 Price Changed $94,900 -5.0% $53 / Sq Ft
12/10/2020 12/10/20 For Sale $99,900 +316.3% $56 / Sq Ft
09/30/2019 09/30/19 Sold $24,000 +2399900.0% $13 / Sq Ft View Prior Sale
08/29/2019 08/29/19 Pending -- -- --
08/16/2019 08/16/19 For Sale $1 -- $0 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

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 $1,840 $89,000 $7,100 $81,900
2023 $1,652 $79,600 $6,900 $72,700
2022 $1,482 $74,100 $6,700 $67,400
2021 $1,324 $66,200 $6,500 $59,700
2020 $1,202 $60,100 $6,300 $53,800
2019 $1,200 $60,000 $6,000 $54,000
2018 $1,186 $59,300 $5,900 $53,400
2017 $1,174 $58,700 $5,800 $52,900
2016 $1,162 $58,100 $5,800 $52,300
2014 $1,148 $57,200 $5,800 $51,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202048532

Indiana Regional MLS

APN: 47-11-36-342-030.000-005