Listing courtesy of Great Plains Land Company, LLC · Listing agent: Michael Sorrells

Virtual tour
ActiveSite-Built Home

512 W Frank Street Street

$89,900

$38.99 / sq ft

Est. $617/mo

Mitchell, IN 47446

Original price $94,900 · Price reduced on October 4, 2026

  • Basement
Bedrooms
4
Bathrooms
2
Living area
2,306 sq ft
Lot
0.3 ac
Year built
1907
Type
Site-Built Home
Listed
September 26, 2026
MLS #
202640012

About this home

Looking for your next fixer-upper or investment opportunity? Own a piece of Mitchell history with this 1907, 2.5-story Victorian home at 512 W Frank Street! This property is ready for someone with vision to continue the work, complete the unfinished interior, and bring this historic home back to life. With 2.5 stories plus a basement, the home offers an impressive amount of space and a versatile layout with plenty of possibilities. The interior is not completely finished and will require additional renovation and finishing work, making this property especially well suited for an investor, renovator, or buyer searching for a project they can customize from the ground up. Whether the goal is restoration, renovation, resale, or creating a spacious home to enjoy, this property provides an exciting starting point. The home retains the character and charm associated with its early-1900s construction, including hardwood flooring and Victorian-era details. A mudroom adds useful everyday space, while the basement provides additional space beyond the main living areas. A detached garage offers even more room for parking, tools, equipment, storage, or workshop use. This is not a completely finished, move-in-ready home—it is an opportunity to take a historic property with substantial space and transform it into something special. Investors, renovators, and buyers who appreciate the character of older homes will find plenty of potential within these walls. Conveniently located in Mitchell near local amenities, 512 W Frank Street is ready for its next chapter. Bring your plans, creativity, and vision and see what this 2.5-story Victorian fixer-upper could become! Seller to choose title company

Monthly payment estimate

$617/mo

Principal & interest
$492
Property taxes
$99
Homeowners insurance
$26
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.
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Property details

Interior

Levels
Two and a Half
Total rooms
4
Total area
2,714 sq ft
Finished area above grade
2,306 sq ft
Unfinished area below grade
408 sq ft
Below grade total
408 sq ft
Bedrooms above grade
4
Full baths, main level
1
Full baths, upper level
1
Basement
Partial
Heating
Electric
Laundry
Main Level

Exterior & parking

Construction
Stone
Private pool
No
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot size (acres)
0.3 ac
Lot dimensions
100X132
County
Lawrence County
Township
Marion
Platted
Yes
Planned unit development
No
Directions
Take State Road 37 into town, turning west onto West Main Street, turning right onto South 7th Street, and then making a final left onto West Frank Street.

Schools

Elementary school
Burris/Hatfield
Middle school
Mitchell
High school
Mitchell
School district
Mitchell Community Schools

Taxes & terms

Annual taxes
$1,192
Tax year
2026
Possession
DOC
Parcel number
47-14-01-211-024.000-005

Utilities

Water
City
Sewer
Public Sewer

Income & commercial

Gas meters
22

Location

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