4161 Us Hwy 50 Highway, Mitchell, IN 47446
Local realty services provided by:CENTURY 21 Circle
Listed by: chelsea kieffnerCell: 812-322-5818
Office: ck realty homes
MLS#:202604456
Source:Indiana Regional MLS
Price summary
- Price:$169,000
- Price per sq. ft.:$130.4
About this home
Exceptional 4-acre investment opportunity featuring four well-maintained buildings with incredible versatility and income potential. Three of the buildings share a cohesive exterior design while offering distinct interior layouts and functionality. One structure, previously used as a homestead, was originally built as two separate units and has been modified to include a central sitting area while still maintaining a kitchen, bathroom, and living space on each side, making it ideal for multi-generational living or conversion back to a duplex configuration. The second building remains configured as two separate one-bedroom, one-bathroom units, each with private entrances and individual living spaces, providing immediate rental potential. The third building has been converted to include a full kitchen, two bathrooms, and a communal laundry area at the rear, offering flexibility for shared housing, commercial use, or service-oriented operations. The fourth building was constructed and utilized as a church and features two restrooms with two stalls in each, with pew seating included in the sale, presenting an excellent opportunity for continued community use, retail conversion, event space, or redevelopment. A major capital improvement includes new metal roofs installed on all buildings, adding long-term durability and value. With ample acreage and multiple structures, this property is well suited for multi-unit rental development, mixed-use concepts, a much-needed neighborhood convenience store, or a customized vision aligned with your real estate investment goals. Shed not included in sale....
Contact an agent
Home facts
- Year built:1945
- Listing ID #:202604456
- Added:510 day(s) ago
- Updated:June 12, 2026 at 08:33 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:6
- Full bathrooms:6
- Rooms Total:20
- Basement Description:Slab
- Living area:1,296 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
Structure and exterior
- Roof:Metal
- Year built:1945
- Building area:1,296 sq. ft.
- Lot area:4 Acres
- Lot Features:Level, Partially Wooded
- Architectural Style:One Story
- Construction Materials:Brick, Metal
- Levels:1 Story
Schools
- High school:Mitchell
- Middle school:Mitchell
- Elementary school:Burris/Hatfield
Utilities
- Water:Public
- Sewer:Septic
Finances and disclosures
- Price:$169,000
- Price per sq. ft.:$130.4
- Tax amount:$1,258
New listings near 4161 Us Hwy 50 Highway
- New
$85,000Active4 AcresTBD Wesley Chapel Road, Mitchell, IN 47446
MLS# 202622832Listed by: WILLIAMS CARPENTER REALTORS - New
$259,000Active3 beds 2 baths1,136 sq. ft.527 Grandma Brown Road, Mitchell, IN 47446
MLS# 202622647Listed by: RE/MAX ACCLAIMED PROPERTIES - New
$224,900Active3 beds 3 baths1,744 sq. ft.965 S 9th Street, Mitchell, IN 47446
MLS# 202622394Listed by: WILLIAMS CARPENTER REALTORS - New
$270,000Active3 beds 2 baths1,800 sq. ft.224 N First Street, Mitchell, IN 47446
MLS# 202621695Listed by: NEW START HOME REALTY LLC - New
$57,500Active2 beds 1 baths1,058 sq. ft.527 W Grissom Avenue, Mitchell, IN 47446
MLS# 202608855Listed by: LOPP REAL ESTATE BROKERS
$149,000Active3 beds 1 baths1,224 sq. ft.328 Wells Avenue, Mitchell, IN 47446
MLS# 202620757Listed by: KEACH & GROVE REAL ESTATE, LLC
$284,900Pending3 beds 2 baths1,476 sq. ft.444 13th Street, Mitchell, IN 47446
MLS# 202620725Listed by: HAWKINS & ROOT REAL ESTATE
$295,000Active3 beds 2 baths2,158 sq. ft.50 Woodlawn Village Drive, Mitchell, IN 47446
MLS# 202620598Listed by: HIGHGARDEN REAL ESTATE
$135,000Pending3 beds 2 baths1,632 sq. ft.5023 Port Williams Road, Mitchell, IN 47446
MLS# 202620509Listed by: LUCAS INDIANA REALTY AND HOME SERVICES
$185,000Active3 beds 1 baths1,512 sq. ft.426 Woodville Road, Mitchell, IN 47446
MLS# 202620475Listed by: RE/MAX ACCLAIMED PROPERTIES