
Residential Land with Home for Sale in Mitchell, Indiana
4161 US Highway 50, Mitchell, IN 47446
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!
Location
- Street address
- 4161 US Highway 50
- County
- Lawrence County
- School district
- Mitchell Community Schools
- Elevation
- 817 feet
Property details
- Acreage
- 4 acres
- MLS #
- BMLS 202501599
- Posted
Property taxes
- Recent
- $1,259
Parcels
- 47-12-34-300-015.000-013
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
Structure
- Stories
- 1
- Heating
- Forced Air
- Cooling
- Central Air
- Materials
- Brick
- Roof
- Metal
Interior
- Room Count
- 20
- Rooms
- Bathroom x 5, Bedroom x 4
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Burris/Hatfield | Elementary | Mitchell Community Schools | — |
| Mitchell | Middle | Mitchell Community Schools | — |
| Mitchell | High | Mitchell Community Schools | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 7, 2025 | Price drop | $189,000 | $31,000 -14.1% | BMLS |
| Sept 17, 2025 | New listing | $220,000 | — | BMLS |
| Aug 14, 2025 | Listing removed | $220,000 | — | Listing agent |
| Mar 21, 2025 | Price drop | $220,000 | $15,000 -6.4% | BMLS |
| Jan 17, 2025 | New listing | $235,000 | — | BMLS |
































