505 W  Main St, Mitchell, IN 47446
OFF MARKET

$88,000

Trulia Estimate
  • Studio

505 W Main St, Mitchell, IN 47446

Est. Refi. Payment $566/mo*
Refinance Your Home
Currently Off Market - Sold Aug 25, 2016 for $55,000

Home Value

Trulia Estimate
$88K
Since last month
Decreased$2K (-2.2%)
Since last year
Increased$3K (+3.7%)
Since last sale
Increased$29K (+52.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +52% in the last 10 years
MonthEstimated value
2026
August 2026$84K
July 2026$86K
May 2026$82K
April 2026$77K
March 2026$82K
February 2026$86K
January 2026$68K
2025
2024
2023
2022
2021
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.17
Single-Family Home
$75,000
09/22/25
3
1
1,200
0.31
Single-Family Home
$55,380
04/23/26
2
1
1,238
0.11
Single-Family Home
$122,000
05/07/26
2
1
852
0.30
Single-Family Home
$43,000
02/09/26
1
1
672
0.21
Single-Family Home
$94,000
01/16/26
3
2
1,964
0.30
Single-Family Home
$43,000
02/20/26
2
1
672
0.27
Single-Family Home
$89,000
07/22/26
3
2
1,200
0.20
Single-Family Home
$121,000
12/10/25
2
1
912
0.34
Single-Family Home
$38,000
01/30/26
4
1
924
0.23
Single-Family Home
$125,000
10/21/25
1
1
884

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.08
$144,900
2
1
956
Off Market
0.10
$213,800
3
2
1,292
Off Market
0.14
$74,900
2
1
1,158
For Sale
0.07
$55,000
1
3.5
3,275
For Sale
0.15
$175,400
2
2
1,100
Off Market
0.16
-
-
-
-
Off Market
0.18
$155,000
3
2
1,728
Recently Sold
0.11
$122,000
2
1
852
Recently Sold
0.18
$173,200
2
1
1,032
Off Market
0.17
$269,300
8
4
3,192
Off Market
0.19
$173,400
2
2
1,066
Off Market
0.14
-
1
1.5
996
Off Market

Local Information

  • Map ViewExplore the area around 505 W Main St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home

About this House

AWESOME PLACE TO START A CAFE, LOUNGE OR RETAIL SPACE TO SERVE MITCHELL'S EMPLOYEES IN HISTORICAL DOWNTOWN. MOTIVATED SELLER! INCLUDES LOTS OF EQUIPMENT AND LIQUOR LICENSE FOR RESTAURANT, BAR and CARRY OUT.
505 W Main St, Mitchell, IN 47446 is a studio single-family home. It last sold for $55,000 on Aug 25, 2016. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $88,000, with a rent estimate of $1,318/month.

Home Details for 505 W Main St

Property Information

Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Price and Tax history

DateEventPrice
Aug 25, 2016
Source: N/A
Sold
$55,000
Jan 20, 2015
Source: Agent Provided
ListingRemoved
$135,000
Nov 19, 2014
Source: Agent Provided
Listed For Sale
$135,000
Aug 23, 2014
Source: Agent Provided
ListingRemoved
$135,000
Dec 5, 2013
Source: Agent Provided
PriceChange
$135,000
Price decreased by 10%

Market trends in Mitchell

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
47
1
MoM

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. "
  • 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!"
  • 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. "
  • 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."
  • 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."

LGBTQ Local Legal Protections

Frequently asked questions about 505 W Main St

  • What is 505 W Main St estimated to be worth?
    Trulia's estimated value for 505 W Main St in Mitchell, IN is $88,000.
  • What is the price history for 505 W Main St?
    505 W Main St in Mitchell, IN last sold for $55,000 in August 2016.
  • Is Mitchell a buyer's or seller's market?
    Mitchell is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Mitchell?
    Residents describe Mitchell, IN as well-kept, easy to park in, and quiet. Most residents say you need a car. See recently sold homes in Mitchell, IN.

Apartments for Rent

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Off Market Homes Near 505 W Main St

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Homes for sale near 505 W Main St

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