Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker 1st Choice
Property view

4161 Us Hwy 50 Highway, 
Mitchell, IN 47446

$155,000


4

Beds


6

Baths


1,296

Sq Ft


Single Family

Sold

Listed by

Chelsea Kieffner, Cell: 812-322-5818

Ck Realty Homes

MLS#

202604456

Source:

Indiana Regional MLS

Sorry, we are unable to map this address

About This Home

4161 Us Hwy 50 Highway

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 Facts

Single Family

6 Baths

4 Bedrooms

Built in 1945

Price Summary

169,000

$130 per Sq. Ft.

MLS #:

202604456

Sold:

July 7, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

6

Full Bathrooms:

6

Interior

Living Area:

1,296 Sq. Ft.


Structure

Structure

Architectural Style:

One Story

Building Area:

1,296 Sq. Ft.

Year Built:

1945


Lot

Lot Size (Sq. Ft):

174,240


Finances & Disclosures

Finances

Price:

$169,000

Price per Sq. Ft:

$130 per Sq. Ft.

Source:Indiana Regional MLS
IRMLS 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. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2026 Indiana Regional MLS LLC.