About This Home

This 3-bedroom, 2-bathroom single family at 940 Newby Street in Mitchell, IN is listed for $44,000 ($35 per sqft). Built in 1939, the home offers 1,261 sqft of living space on a 0.28 acres lot.

Key Features

  • Built in 1939
  • 0.28 acre lot
  • 2 stories

Property Details

2 stories
2 full
1939

Amenities

A/C
Listing Description

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 Cost Estimate

$235/mo

20% down · 6.5% · 30 years

Principal$32
Interest$191
Insurance$13

Estimates only. Actual payments may vary.

Location

940 Newby Street

Mitchell, IN 47446

Property Details

Cooling

Central Air

Questions & Answers

This 3-bedroom, 2-bathroom single family at 940 Newby Street is listed at $44,000 ($35/sqft). The estimated monthly payment is $235 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1939, 0.28 acre lot, 2 stories.

This property is listed by Michael Sorrells and can be reached at 8125084714.

MS

Michael Sorrells

Agent at Great Plains Land Company, LLC

(812) 508-4714

Listed by Great Plains Land Company, LLC · Broker phone: 8125830228

MLS# 202635263· Source: Bedford Board of Realtors· 19 days on PropertySimple

Copyright © 2026 Bedford Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

940 Newby Street, Mitchell, IN 47446

Open this listing in: