506 W Frank
Mitchell, IN 47446
- 3 beds
- 2 baths
- – sqft
- 4,792 sqft lot
- – on site
Investors & Restoration Specialists! Can you envision the possibilities of this old diamond in the rough being brought back to its splendor beginnings. 1 1/2 story, 3 Bedroom, 2 1/2 bath Victorian home situated on well shaded lot located next to the new Monon South walking trail and downtown Mitchell. Home has lots of potential but is in need of major repairs & updates. Home is being Sold As Is. Seller specifies that the buyer must buy it for the purpose of rehabilitating the house and property to be liveable. Buyer needs to verify room sizes.
Last checked:
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Checking…
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Last updated Apr 12, 2025
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MLS# 202512466 —
The Building
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Year Built:1885
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New Construction:No
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Architecural Style:Victorian
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Style:One and Half Story
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Roof Material:Composite
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Exterior:Wood
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Basement:Yes
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Basement/Foundation:Cellar
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Total SqFt:2554
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Total Finished SqFt:2554
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Main Level SqFt:1277
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Above Grade Finished SqFt:2554
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Upper Level SqFt:944
Interior
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Laundry Level:Main
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Fireplace:No
Room Dimensions
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1st Bedroom Length:10
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1st Bedroom Width:13
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2nd Bedroom Length:10
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2nd Bedroom Width:12
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3rd Bedroom Width:12
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3rd Bedroom Length:10
Location
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Directions to Property:From SR 37, go west on Main Street in Mitchell, turn south on 5th Street, home is on the corner of 5th & Frank streets.
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Inside City Limits:Yes
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Cross Street:5th Street
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Latitude:38.731165
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Longitude:-86.470338
The Property
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Parcel# ID:47-14-01-211-025.000-005
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Property Subtype:Site-Built Home
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Location:City/Town/Suburb
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Lot Dimensions:40X130
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Lot Description:Corner
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Approx Lot Size SqFt:4792
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Approx Lot Size Acres:0.11
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City Zoning:Other
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Waterfront:No
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Road Access:City
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Road Surface:Paved
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Annual Taxes:2300
Beds
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Total # Bedrooms:3
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1st Bedroom Level:Upper
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2nd Bedroom Level:Upper
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3rd Bedroom Level:Main
Baths
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Total Baths:3
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Total Half Baths:1
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Total Full Baths:2
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# of Full Baths Main:1
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# Half Baths Main:1
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# of Full Baths Upper:1
The Listing
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Unbranded Virtual Tour:https://www.propertypanorama.com/instaview/irmls/202512466
Heating & Cooling
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Heating Fuel:Gas
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Cooling:Central Air
Utilities
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Water Utility:City
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Sewer:City
Schools
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Elementary:Burris/Hatfield
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Middle School:Mitchell
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High School:Mitchell
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School District:Mitchell Community Schools
The Community
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Subdivision:None
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Pool:No
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Association Dues Frequency:Not Applicable
Parking
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Garage:No
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Off Street Parking:No
Monthly cost estimate

Asking price
$30,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$160
|
Taxes | $399 |
Insurance | $8 |
Utilities | N/A |
Total | $567/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/11/25
Apr 11, 2025
|
Listed / Active | IRMLS | $30,000 | -45.9% |
5/28/24
May 28, 2024
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IRMLS | $55,500 |