Listing courtesy of Great Plains Land Company, LLC · Listing agent: Michael Sorrells
940 Newby Street
Mitchell, IN 47446
Original price $48,000 · Price reduced on October 4, 2026
- 1-car garage
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 1,261 sq ft
- Lot
- 0.28 ac
- Year built
- 1939
- Type
- Site-Built Home
- Listed
- August 27, 2026
- MLS #
- 202635263
About this home
Uncover an exceptional investment or sweat-equity opportunity in the heart of Mitchell, Indiana! Offered strictly as-is, this 3-bedroom, 2-bathroom residence presents a classic canvas ready for your vision, custom repairs, and full personal restoration. The home’s interior floor plan features three generously sized bedrooms, two full bathrooms, and open living spaces waiting to be redesigned to fit your specific needs. Whether you are looking to complete a full flip, build a strong addition to your rental portfolio, or custom-craft your next primary home, this property provides the foundational structure to bring your project ideas to life. Serious buyers are strongly encouraged to verify all square footage, lot boundaries, and room dimensions independently. A major exterior highlight of the property is the substantial pole barn situated in the deep backyard. This versatile outbuilding provides immense value, offering ample space for secure vehicle storage, boat or trailer parking, a functional workshop, or vast extra equipment storage. The surrounding grounds offer plenty of room for outdoor recreation, gardening, or outdoor living expansion. Owned by a Licensed Real Estate Agent licensed in Indiana. Cash buyers only.
Monthly payment estimate
$319/mo
- Principal & interest
- $206
- Property taxes
- $102
- Homeowners insurance
- $11
- 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
- Total rooms
- 3
- Total area
- 1,261 sq ft
- Finished area above grade
- 1,261 sq ft
- Bedrooms above grade
- 3
- Full baths, main level
- 2
- Basement
- Crawl Space
- Heating
- Natural Gas
- Cooling
- Central Air
- Laundry
- Main Level
Exterior & parking
- Style
- Traditional
- Construction
- Shingle Siding
- Garage spaces
- 1
- Attached garage
- Yes
- Garage type
- Attached
- Garage sq ft
- 240 sq ft
- Private pool
- No
- New construction
- No
Waterfront & lake
- Waterfront
- No
Lot
- Lot size (acres)
- 0.28 ac
- Lot dimensions
- 80x152.46
- County
- Lawrence County
- Township
- Marion
- Platted
- Yes
- Planned unit development
- No
- Directions
- Turn off of 37 unto south Stevens Street, then turn onto Newby Street
Schools
- Elementary school
- Burris/Hatfield
- Middle school
- Mitchell
- High school
- Mitchell
- School district
- Mitchell Community Schools
Taxes & terms
- Annual taxes
- $1,219
- Tax year
- 2026
- Possession
- DOC
- Parcel number
- 47-14-01-321-016.000-005
Utilities
- Water
- City
- Sewer
- Public Sewer
Location
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Listing courtesy of Evergreen Real Estate & Auctions
