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Active under contract
  • $185,000

    4026 Us Highway 50 W, Mitchell, IN 47446

    2beds
    1,196sqft
    : 
    $1,238/mo
    Get pre-qualified
    Single Family Residence
    Built in 1977
    1.31 Acres Lot
    $182,500 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Spacious bedroom
    UNIQUE PROPERTY WITH ENDLESS POSSIBILITIES! Situated on approximately 1.3 acres with excellent visibility along Highway 50 W, this versatile property offers a rare combination of residential living, abundant garage and storage space, and potential commercial use. The main building features comfortable, modern style living quarters with an open concept kitchen and living area, a spacious bedroom, full bathroom, and an additional finished room with a closet that could serve as an office, den, hobby room, or additional sleeping space. Concrete flooring throughout adds to the modern industrial feel, while heating and central air provide year round comfort, with the exterior central air unit updated in 2023. Attached to the main building is a large pole barn style structure with a gravel floor, offering plenty of additional covered space for storage, equipment, recreational vehicles, hobbies, or future improvements. The property also includes two detached garage and workshop buildings. One is approximately 480 square feet with two overhead doors and a concrete floor, while the second measures approximately 24 x 16 and features a concrete floor, insulation, heat, 220 electric, and an overhead door. Whether you are looking for a unique residence with exceptional garage and workspace, a live and work setup, or an investment with multiple possibilities, this property offers incredible flexibility. Also listed as commercial, the current living quarters could easily be converted into office, showroom, or workshop space, making this property well suited for a variety of potential business uses. A truly unique opportunity with room to live, work, store, and create all in one location!
    22 days
    463
    30

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Christina Root Office:812-675-6952,

    Hawkins & Root Real Estate

    Source: IRMLS,MLS#: 202632410MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bedrooms: 2
      Bedroom 1
      • Level: Main
      Bedroom 2
      • Level: Main
      Kitchen
      • Level: Main
      • Area: 130
      • Dimensions: 13 x 10
      Living room
      • Level: Main
      • Area: 324
      • Dimensions: 18 x 18
      Heating
      • Electric
      Cooling
      • Central Air
      Appliances
      • Included: Microwave, Refrigerator, Electric Range, Electric Water Heater
      • Laundry: Main Level
      Features
      • Ceiling Fan(s)
      • Flooring: Concrete
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 1,196
      • Total interior livable area: 1,196 sqft
      • Finished area above ground: 1,196
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached, Garage Utilities, Gravel
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 1.31 Acres
      • Features: Level
      Details
      • Additional structures: Pole/Post Building, Second Garage
      • Parcel number: 471234300058.000013

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Metal Siding
      • Foundation: Slab
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1977

      Utilities & green energy

      • Electric: Orange Co REMC
      • Sewer: Septic Tank
      • Water: Public, S Lawrence Water

      Community & HOA

      Community
      • Subdivision: None
      Location
      • Region: Mitchell

      Financial & listing details

      • Tax assessed value: $124,700
      • Annual tax amount: $1,884
      • Date on market: 8/10/2026

        Estimated market value

        $182,500

        $173,000 - $192,000

        $1,282/mo

        Price history

        DateEventPrice
        8/10/2026Listed for sale$185,000+2.8%
        Source: IRMLS #202632410 Report a problem
        12/4/2025Listing removed$179,900
        Source: IRMLS #202531235 Report a problem
        11/8/2025Price change$179,900-5.3%
        Source: IRMLS #202531235 Report a problem
        8/7/2025Listed for sale$190,000+58.3%
        Source: IRMLS #202531235 Report a problem
        9/10/2021Sold$120,000-10.4%$100/sqft
        Source: Public Record Report a problem
        7/20/2021Pending sale$134,000$112/sqft
        Source: RE/MAX International #202119719 Report a problem
        7/20/2021Contingent$134,000
        Source: IRMLS #202119719 Report a problem
        7/7/2021Price change$134,000-4.3%
        Source: IRMLS #202119719 Report a problem
        5/28/2021Listed for sale$140,000+64.7%
        Source: IRMLS #202119719 Report a problem
        7/22/2011Sold$85,000-11.5%$71/sqft
        Source: Public Record Report a problem
        10/24/2008Sold$96,000+57.4%$80/sqft
        Source: Public Record Report a problem
        2/22/2007Sold$61,000$51/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,858 -8.1%$124,700 +7.1%
        2024$2,023 +19.5%$116,400 +5.8%
        2023$1,692 +0.8%$110,000 +2.5%
        2022$1,678 +0.2%$107,300 +15.7%
        2021$1,675 +234.5%$92,700 +4.5%
        2020$501 +1.6%$88,700 +3.6%
        2019$493 -65.1%$85,600 +1.2%
        2018$1,411 +246.9%$84,600 +8.9%
        2017$407 $77,700
        2016$407 -16.2%$77,700 -1%
        2014$486 -5%$78,500 -0.9%
        2013$511 +12.4%$79,200
        2012$455 -13.8%$79,200 -4.6%
        2011$528 -0.3%$83,000 +0.2%
        2010$529 -1.1%$82,800 +1.1%
        2009$535 $81,900
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 47446

        Getting around

        0 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Burris/Hatfield
        • Middle: Mitchell
        • High: Mitchell
        • District: Mitchell Community Schools

        Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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