611 W Warren St Mitchell, IN 47446
Estimated payment $949/month
Highlights
- Covered Patio or Porch
- Landscaped
- Ceiling Fan
- Eat-In Kitchen
- Forced Air Heating and Cooling System
- Carpet
About This Home
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.
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $1,840
Year Built
- Built in 1856
Lot Details
- 6,360 Sq Ft Lot
- Lot Dimensions are 48 x 132
- Landscaped
- Irregular Lot
Parking
- 2 Parking Spaces
Home Design
- Shingle Roof
- Vinyl Construction Material
Interior Spaces
- 1,792 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Crawl Space
Kitchen
- Eat-In Kitchen
- Laminate Countertops
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Schools
- Burris/Hatfield Elementary School
- Mitchell Middle School
- Mitchell High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Cable TV Available
Additional Features
- Covered Patio or Porch
- Suburban Location
Listing and Financial Details
- The owner pays for building insurance, sewer, tax, trash collection, water
- Assessor Parcel Number 47-11-36-342-030.000-005
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $5,564
- Water Sewer Expense $1,320
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 | $1,840 | $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 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 08/29/2019 08/29/19 | Pending | -- | -- | -- |
| 08/16/2019 08/16/19 | For Sale | $1 | -- | $0 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $44,000 | Lawrence County Abstract Inc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $76,500 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $20,400 | New Conventional |
Source: Indiana Regional MLS
MLS Number: 202539786
APN: 47-11-36-342-030.000-005
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