4161 US Highway 50, Mitchell, IN 47446
FOR SALE
4 ACRES

4161 US Highway 50
Mitchell, IN 47446

  • 4 Beds
  • 6 Baths
  • 1,296 sqft (on 4 acres)

$169,000

Original price: $179,000
Est. Mortgage $1,007/mo*
Get Pre-Qualified

$169,000

Original price: $179,000
Est. Mortgage $1,007/mo*
Get Pre-Qualified
4 Beds
6 Baths
1,296 sqft
(on 4 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

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.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
110 days ago

Home Details for 4161 US Highway 50

Active Status

MLS Status: Active Under Contract

Interior Features

Interior Details
Number of Rooms: 20Types of Rooms: Bedroom 1, Bedroom 2
Beds & Baths
Number of Bedrooms: 4Main Level Bedrooms: 4Number of Bathrooms: 6Number of Bathrooms (full): 6
Dimensions and Layout
Living Area: 1296 Square Feet
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Levels, Entrance, & Accessibility
Stories: 1Levels: One

Exterior Features

Exterior Home Features
Roof: MetalFoundation: Slab
Parking & Garage
No Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Septic Tank
Finished Area
Finished Area (above surface): 1296 Square Feet

Days on Market

Days on Market: 110

Property Information

Year Built
Year Built: 1945
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Brick, Metal SidingNot a New Construction
Property Information
Parcel Number: 471234300015.000013

Price & Status

Price
List Price: $169,000

Media

Location

Direction & Address
City: MitchellCommunity: None
School Information
Elementary School: Burris/HatfieldElementary School District: Mitchell Community SchoolsJr High / Middle School: MitchellJr High / Middle School District: Mitchell Community SchoolsHigh School: MitchellHigh School District: Mitchell Community Schools

Agent Information

Listing Agent
Listing ID: 202604456

Building

Building Area
Building Area: 1296 Square Feet

Lot Information

Lot Area: 4 Acres

Miscellaneous

Mls Number: 202604456Attribution Contact: Cell: 812-322-5818Above Grade Unfinished Area: 1296
Last check for updates: about 3 hours ago
Listing courtesy of Chelsea Kieffner, (812) 322-5818
CK Realty Homes
Source: IRMLS, MLS#202604456
Also Listed on IRMLS.

Price History for 4161 US Highway 50

DatePriceEventSource
04/16/2026$169,000PriceChange
IRMLS #202604456
03/10/2026$179,000PriceChange
IRMLS #202604456
02/12/2026$189,000Listed For SaleIRMLS #202604456
01/02/2026$189,000ListingRemovedIRMLS #202501599
10/06/2025$189,000PriceChange
IRMLS #202501599
03/21/2025$220,000PriceChange
IRMLS #202501599
01/17/2025$235,000Listed For SaleIRMLS #202501599

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Comparable Sales for 4161 US Highway 50

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Sold Date
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2413 Spice Valley Rd, Mitchell, IN
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$235,000
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1,536
1715 Old Highway 60 W, Mitchell, IN
0.63
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$324,450
09/09/25
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2
1,992
1302 W Deckard Dr, Mitchell, IN
0.66
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$240,000
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1,456
149 Hel Mar Dr, Mitchell, IN
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1,200
391 Hel Mar Dr, Mitchell, IN
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1,306
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Assigned Schools

These are the assigned schools for 4161 US Highway 50.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Mitchell

At least 18 Trulia users voted on each feature.

  • 100 % Say yards are well-kept

  • 95 % Say car is needed

  • 83 % Say parking is easy

  • 70 % Say there's holiday spirit

  • 68 % Say it's quiet

  • 60 % Say there's wildlife

  • 55 % Say kids play outside

  • 54 % Say it's dog friendly

  • 48 % Say neighbors are friendly

  • 45 % Say they plan to stay for at least 5 years

  • 42 % Say people would walk alone at night

  • 39 % Say it's walkable to restaurants

  • 32 % Say it's walkable to grocery stores

  • 28 % Say there are sidewalks

  • 27 % Say streets are well-lit

  • 12 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Kmgaddis98
    "we commute to our jobs which are out of town. Mitchell is a small town..no taxi and bus is provided by a federal grant to seniors and handicapped persons. No bike paths although some sidewalks are much improved. "
    0
    Flag
  • Carrie H.
    "Everyone knows everyone and for the most part they are very nice! I feel safe here, I walk thru town at night with NO worries!"
    1
    Flag
  • Kathryn G
    "There needs to be a dog park, but the existing local parks need to be managed better. There are several excellent veterinarians in the area, and there are many groomers / boarders with excellent reputations. "
    0
    Flag
  • Don
    "I've visited the area more than once and really liked the area. Mitchell is basically a very safe town spent quite-a-bit of time there."
    1
    Flag
  • Carriewow1
    "I drive myself to work everyday. I live in the country so.. no city transit bus or taxi. I drive almost an hour each way for work."
    0
    Flag

LGBTQ Local Legal Protections

Chelsea Kieffner, CK Realty Homes
Agent Phone: (812) 322-5818
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
4161 US Highway 50, Mitchell, IN 47446 is a 4 bedroom, 6 bathroom, 1,296 sqft single-family home built in 1945. This property is currently available for sale and was listed by IRMLS on Feb 12, 2026. The MLS # for this home is MLS# 202604456.