Listing courtesy of Hawkins & Root Real Estate · Listing agent: Christina Root · Office: 812-675-6952

Virtual tour
ActiveSite-Built Home

4026 US 50 W Highway

$179,900

$150.42 / sq ft

Est. $1,195/mo

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
Your loan

  • 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.
Change taxes, insurance and more in the full calculator

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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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