James Dunfee

940 Newby Street

Mitchell, IN
$ 48,000 Beds 3 Baths 2 Sq 1,261
Monthly Estimate* How much can I afford?

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 homes 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.

Single Family

  • Price
  • $ 48,000
  • City
  • Mitchell
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • LAWRENCE
  • Half Bathrooms
  • 0
  • Area
  • Marion
  • Lot Size
  • 0.28 Acres
  • Zip
  • 47446
  • Sqr Footage
  • 1,261
  • Year Built
  • 1939
  • Taxes
  • $ 1219
  • Style
  • Traditional
  • MLS#
  • 202635263
Listed By: Michael Sorrells with Great Plains Land Company, LLC;
Data Source: Indiana Regional MLS (IRMLS)

Features

General

Sewer City
Heating Gas
Cooling Central Air
Laundry Y/N Main
Fireplaces No
Garage Attached
Status Active
Full Baths 2
Bathrooms 2
Year Built 1939
New Construction No
Subdivision None
Style Two Story
Township Marion
Class RESIDENTIAL
Type Site-Built Home
Age 87
FIPS Code 18093
REO No
Status Active
Auction Y/N No
Annual Taxes 1219
Area Lawrence County
High School Mitchell
City Mitchell
School District Mitchell Community Schools
Assoc. Dues Frequency Not Applicable
Architectural Style Traditional
Total Sq Ft 1261
Elementary School Burris/Hatfield
Middle School Mitchell
Legal Description MURRAYS 2ND 80' OFF E END LOT 54 & MURRAYS ADD 80' OFF E END LOTS 15 & 16
Agent First Name Michael
Agent Last Name Sorrells
DOM 13
Tax Year 2026

Interior Features

Basement Crawl
Beds 3
Total Rooms 3
Full Baths Main 2
Total Finished SqFt 1261
Basement Y/N No
Above Grade Bedrooms 3
1st Bedroom Level Main
1st Bedroom Width 13
2nd Bedroom Length 14
2nd Bedroom Level Main
2nd Bedroom Width 16
3rd Bedroom Length 12
3rd Bedroom Level Upper
3rd Bedroom Width 20
Above Grade Finished SqFt 1261

Exterior Features

Exterior Shingle
Pool No
Garage Length 20
Garage Width 12
Lot Size Area 12197
Lot Dimensions 80x152.46
Lot Description Other
Garage SqFt 240
Approx. Lot Size Acres 0.28
Garage Capacity 1
Waterfront Y/N No
Garage Y/N Yes

Amenities

  • Foreclosure
  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the South Bend, IN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
Agent Photo

Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Burris/Hatfield Elementary School
Middle School Mitchell Middle School
High School Mitchell High School

Price History

8/28/2026 Listed $48,000

Property vs Zip Code Average in 47446

Price
AVG $200K
$50K
Taxes
AVG $1,097
$1,219
Year Built
AVG 1970
1939
Visits
AVG 2
4
Data Provided by Inside Real Estate®

Areas That We Cover

940 Newby Street Mitchell, IN is a Single Family Home for sale at $48000 with 1261 sqft and a lot size of 0.28 Acres Acre(s). 940 Newby Street Mitchell has 3 bedrooms, 2 baths and was built in 1939. The property's zip code is 47446 which is in Mitchell, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

James Dunfee

James Dunfee

574-277-7444

By pressing Contact Me, you agree that Weichert® may contact you via phone about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our Privacy Policy