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Trueblood Real Estate

[email protected] +1(317) 513-1395

$ 169,000

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4161 US HWY 50 Highway Mitchell, IN 47446

4 Beds

6 Baths

1,296 SqFt

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Key Details

Property Type Single Family Home

Sub Type Site-Built Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,296 sqft

MLS Listing ID 202604456

Style One Story

Bedrooms 4

Full Baths 6

Abv Grd Liv Area 1,296

Total Fin. Sqft 1296

Year Built 1945

Annual Tax Amount $1,258

Lot Size 4.000 Acres

Property Sub-Type Site-Built Home

Property Description

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.

Location

State IN

County Lawrence County

Area Lawrence County

Direction GPS Friendly

Rooms

Basement Slab

Interior

Heating Forced Air

Cooling Central Air

Laundry Main

Exterior

Roof Type Metal

Building

Lot Description Level, Partially Wooded

Story 1

Foundation Slab

Sewer Septic

Water Public

Structure Type Brick,Metal

New Construction No

Schools

Elementary Schools Burris/Hatfield

Middle Schools Mitchell

High Schools Mitchell

School District Mitchell Community Schools

Others

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202604456

IDX information provided by the Indiana Regional MLS

Listed by Chelsea Kieffner • CK Realty Homes • Cell: 812-322-5818

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Trueblood Real Estate

Brokerage | RB14046098

+1(317) 513-1395

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Indianapolis, IN

Trueblood Real Estate

4161 US HWY 50 Highway Mitchell, IN 47446

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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4161 US HWY 50 Highway

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