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$275,000   Price Analysis
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2539 and 2563 State Road 37
Mitchell, IN 47446
3 bed 1 bath 1,998 SqFt ($137/SqFt)
0.8 acre lot. Built 1909
Listed 2024-05-22, Taxes $1,004
USDA Eligible
near Mitchell, IN
 

Situated off Highway 37 in Mitchell

Indina, this prime property package includes both a commercial building and a residential home. The commercial building sits on 1.50 acres and spans 2, 919 square feet, featuring an 80' aluminum security fence installed in 2004 and ceiling heights ranging from 8' to 12'.

The adjacent residential home, with its charming primitive aesthetic, offers 3 bedrooms and 1.5 baths on 0.802 acres. Together, these properties total 2.302 acres of land. While they share a septic system, all other utilities are separate. Both the commercial building and the residential home are sold as is, pres enting a unique investment opportunity in a strategic location.


Presented by Damara Underhill at
Keller Williams Capital Realty.
Listing Agent Photo

Property MLS #202418270 from IRMLS

Bedrooms: 3
Bedroom 1 Dimensions: 9 x 10
Bedroom 2 Dimensions: 12 x 17
Bedroom 3 Dimensions: 12 x 17
Bedroom 1 Level: Main
Bedroom 2 Level: Upper
Bedroom 3 Level: Upper

Total Rooms: 8
Family Room Dimensions: 14 x 16
Family Room Level: Main
Living Room Level: Main
Basement Description: Crawl

Total Bathrooms: 1 / 0
Full Bathrooms: 1
Full Bathrooms On Main Level: 1

Cooling Features: Central Air
Fireplace Features: Fireplace: Yes
Heating Features: Electric
Number of Fireplaces: 1

Dining Room Dimensions: 8 x 12
Dining Room Level: Main
Kitchen Dimensions: 9 x 12
Kitchen Level: Main

Flooring: Hardwood Floors, Laminate

Wood
Fencing: Wood
Road Access: State
Road Surface Type: Paved

Lot Description: Level
Lot Size Acres: 0.802
Lot Size Dimensions: 187x187
Lot Size Square Feet: 34935

Driveway: Concrete
Off Street Parking: Yes

Elementary School: Burris/Hatfield
High School: Mitchell
Middle School: Mitchell
School District: Mitchell Community Schools

Mitchell Jr High School is a public middle school located approximately 1.2 miles away.
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Mitchell High School is a public high school located approximately 1.2 miles away.
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Burris Elementary School is a public elementary school located approximately 1.5 miles away.
directions icon Map directions

Community Features: Dryer Hook Up Electric, Foyer Entry, Porch Covered, Range/Oven Hook Up Elec, Stand Up Shower, Formal Dining Room, Washer Hook-Up

Annual Tax Amount: 1004.72
Source Listing Status: Active
County: Lawrence County
Directions: Take IN-37 N to Mitchell. Before reaching Wendy's, 2539 and 2563 will be located on your left, across from Cedar Chest Storage.
Tax Year: 2024
Source Property Type: RESIDENTIAL
Parcel Number: 47-14-01-322-014.000-004
Property Location: City/Town/Suburb
Township: Marion
Property Subtype: Site-Built Home
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$44,200 + $11,300
$55,500
$1,004
2021$78,900 + $52,900
$131,800
$1,003
2020$78,900 + $52,900
$131,800
$2,467
2019$78,900 + $52,900
$131,800
$2,446
2018$59,600 + $51,700
$111,300
$2,476
2017$62,900 + $51,700
$114,600
$2,035
2016$64,300 + $51,700
$116,000
$2,063
2015$64,600 + $51,700
$116,300
$2,132
2013$71,300 + $51,700
$123,000
$2,643
2012$69,800 + $51,700
$121,500
$2,218
2011$68,000 + $51,900
$119,900
$2,518
2010$68,000 + $51,900
$119,900
$2,376
2006$67,000 + $39,800
$106,800
$2,298

Price Changed 2024-06-25
$275,000
IRMLS
Listed 2024-05-22
$291,000
IRMLS
Sold 2020-07-23
$140,000
Public Record
Sold 2017-06-02
$102,000
Public Record
Listing removed 2016-12-31
$64,900
Bedford
Listed 2016-05-25
$64,900
Bedford
Listing removed 2014-09-03
$74,500
Bedford
Listed 2014-08-18
$74,500
Bedford
Listing removed 2011-11-28
$79,000
Bedford
Listed 2011-05-11
$79,000
Bedford

Total Square Feet Living: 1998
Year Built: 1909
Above Grade Finished Area: 1998
Property Age: 115
Roof: Asphalt
Levels or Stories: 1.5
House Style: One and Half Story
Total Area Main: 1368
Total Area Sqft: 1998

Sewer: Septic
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.