Listing courtesy of Hawkins & Root Real Estate · Listing agent: Christina Root · Office: 812-675-6952
4026 US 50 W Highway
Mitchell, IN 47446
Original price $185,000 · Price reduced on October 3, 2026
- 1.3 acres
- 2-car garage
- Bedrooms
- 2
- Bathrooms
- 1
- Living area
- 1,196 sq ft
- Lot
- 1.31 ac
- Year built
- 1977
- Type
- Site-Built Home
- Listed
- August 10, 2026
- MLS #
- 202632410
About this home
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!
Monthly payment estimate
$1,195/mo
- Principal & interest
- $985
- Property taxes
- $157
- Homeowners insurance
- $53
- Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
- Taxes: the seller's 2026 bill as reported to the MLS. Yours may differ once your own deductions apply.
- Insurance: estimated at 0.35% of the price per year.
- An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
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Property details
Interior
- Levels
- One
- Total rooms
- 5
- Total area
- 1,196 sq ft
- Finished area above grade
- 1,196 sq ft
- Bedrooms above grade
- 2
- Full baths, main level
- 1
- Basement
- Slab
- Flooring
- Concrete
- Heating
- Electric
- Cooling
- Central Air
- Laundry
- Main Level
- Interior features
- Ceiling Fan(s), Main Floor Laundry, Garage Utilities
Exterior & parking
- Construction
- Metal Siding
- Roof
- Metal
- Garage spaces
- 2
- Attached garage
- No
- Garage type
- Detached
- Garage sq ft
- 384 sq ft
- Parking
- Gravel
- Private pool
- No
- Other structures
- Detached Garage
- Other structures (2)
- Pole/Post Building
- Outbuilding 2
- 1,960 sq ft
- New construction
- No
Waterfront & lake
- Waterfront
- No
Lot
- Lot features
- Level
- Lot size (acres)
- 1.31 ac
- Lot dimensions
- 1.307 Acres
- County
- Lawrence County
- Township
- Spice Valley
- Platted
- Yes
- Planned unit development
- No
- Directions
- US 37 S - Turn W onto US 50
Schools
- Elementary school
- Burris/Hatfield
- Middle school
- Mitchell
- High school
- Mitchell
- School district
- Mitchell Community Schools
Taxes & terms
- Annual taxes
- $1,885
- Tax year
- 2026
- Possession
- Immediate
- Parcel number
- 47-12-34-300-058.000-013
Included in the sale
- Included in sale
- Microwave,Refrigerator,Range-Electric,Water Heater Electric
Utilities
- Water
- Public
- Sewer
- Septic Tank
- Electric provider
- Orange Co REMC
- Water provider
- S Lawrence Water
Location
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