$235,000

4161 US Highway 50 Mitchell, IN 47446

$2,791
Closing credit¹
4 beds
6 full
4.0 acres
$181 / sqft
House

Property details

About 4161 US Highway 50

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!

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Lot size4 Acres
Year built1945
MLS #202501599

Virtual tour

Summary

  • MLS Number: 202501599
  • Office Name: CK Realty Homes
  • Office Phone: (812) 322-5818
  • Listing Agent: Chelsea Kieffner

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2025 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 9:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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aerial view

$235,000

4161 US Highway 50

$2,791

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

4

Shoals Community Elementary School

Public District PK-5

8.0 mi

11749 Ironton Rd

3

Burris Elementary School

Public District 3-5

8.4 mi

1755 Hancock Ave

5

Orleans Elementary School

Public District PK-6

11.3 mi

637 E Washington St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $43,855. Most Mitchell, IN residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

41%
<35k
51%
35k-100k
5%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

28%
Single, No Kids
11%
Single, with Kids
39%
Married, No Kids
22%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
11%
12-17 yrs old
15%
18-34 yrs old
47%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • NASCARNASCAR
  • Monster TrucksMonster Trucks

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • Dollar GeneralDollar General
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • RamRam
  • GMCGMC
  • ChevroletChevrolet

What do the neighbors listen to?

  • Classic CountryClassic Country
  • CountryCountry
  • New CountryNew Country
All data provided by Home Junction and Claritas

Frequently asked questions

About 4161 US Highway 50

This home is located at 4161 US Highway 50 in Mitchell, IN and zip code 47446. This home, which was built in 1945, sits on a 4.00 acre lot. Features: 4 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since January 17, 2025 and is currently priced at $235,000.

While more than 2 listings in Mitchell, IN in February 2025 were sold above asking price, there were more than 0 listings sold at asking price, and more than 2 were sold below. Between January and February 2025, Mitchell, IN real estate market has seen increase in the number of listings by 16.7%.

From Rocket Homes Real Estate and based on county public records data.

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