2539 & 2563 State Road 37, Mitchell, IN 47446

$291,000 Asking Price

3 beds
1 bath
1,998  sqft
Built in 1909

Situated just off Highway 37 in Mitchell, Indiana, 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," presenting a unique investment opportunity in a strategic location.

Features & Amenities

Interior

Basement:
Crawl
Flooring:
Hardwood Floors,Laminate
A/C:
Central Air
Heating:
Electric
Fireplace:
Living/Great Rm, Fireplace, Fireplaces: 1

Exterior

General:
Wood

Construction

Roofing:
Asphalt
General:
One and Half Story, Crawl

Location

Road/Access:
State
HOA Amenities:
Not Applicable
School District:
Mitchell Community Schools

Lot

Driveway:
Concrete
Zoning:
EDENLAND PT LOT 31 1.5A, and EDENLAND PT LOT 31 .802A, 47-14-01-322-014.000-004
Fencing:
Wood

Utilities

Water:
Public

This listing courtesy of:
KELLER WILLIAMS CAPITAL REALTY, Damara Underhill

About Mitchell, IN

Housing

Number of Units
4,507
Median Home Value
$128,707
Median Rent
$405

19.32% of housing units are renter occupied.

10.25% are vacant.

Commute

Car
92.49%
Public Transportation
0.00%
Walk to Work
1.11%
Work from Home
5.19%
Other
1.21%

The median travel time to work is 26 minutes.

People

Population
9,757
Median Age
41.50
Median Household Size
2.58

Education

High School
42.18%
Associate’s Degree
11.13%
Bachelor’s Degree
7.76%
Graduate Degree
6.47%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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