1081 Highway 50

1,885 Sq. Ft.
$127 / Sq. Ft.
1,885
Sq. Ft.
$127
per Sq. Ft.

Description

Acreage! Unique Homestead/Hobby Opportunity or Country Retreat! Don't let this 3 Bed - 2 Bath home on nearly 9 Acres with Multiple Outbuildings/Workshop pass you by! MAJOR Upgrades to note for the next buyer are in no short supply! NEW Septic System in 2021, Roof Replaced on Home & Garage in 2022, Newly Encapsulated Crawl Space, Water Heater, Select Windows! Enjoy the rolling hills and curiosity as it peeks out from all the various 'stop and sit' areas around the property! Numerous Garden Sheds,...Acreage! Unique Homestead/Hobby Opportunity or Country Retreat! Don't let this 3 Bed - 2 Bath home on nearly 9 Acres with Multiple Outbuildings/Workshop pass you by! MAJOR Upgrades to note for the next buyer are in no short supply! NEW Septic System in 2021, Roof Replaced on Home & Garage in 2022, Newly Encapsulated Crawl Space, Water Heater, Select Windows! Enjoy the rolling hills and curiosity as it peeks out from all the various 'stop and sit' areas around the property! Numerous Garden Sheds, The skeleton of a pond that is ready to come back to life! - A 3 sided Lean-To that is rumored to be made up of old bullet boxes! Every Corner has a history - and with that comes the age of some desired cosmetic repairs/updates. Many outbuildings have aged character where both them and this home have opportunity to be couriered into an updated era by it's next owners! Stories tell where wallpaper has come down, and design choices and changes of generations passed. Character is found everywhere, but especially in the vaulted ceilings, log addition, and a runway that sits right above the living room cohesively blending the 1st & 2nd Floors! A unique layout that is in no short supply of nooks & crannies! Comes with plenty of opportunity for livestock, animals, chickens, goats, and more! The home is unique with Wood Siding/Stone/Log - a mid-century-esque vibe waiting to be revived! ETS Heating. Will not qualify for government financing. Cash or Conventional Only.
  1. Listed by Chelsea Burrell • Real Broker, LLC
    P: (317)-794-2827 cburrellrealtor@gmail.com

Property Details for 1081 Highway 50

Architectural Style
Log
Subdivision Name
No Subdivision
Township
Spice Valley
LISTING UPDATED: 04/20/2026 09:50 PM

Property Details for 1081 Highway 50

StatusPending
MLS #22094856
Days on Market9
Taxes$492 semi-annually
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1980
Lot Size8.80 AC / 383,328 SF
CountyLawrence County

Location

Listing Courtesy of Real Broker, LLC
Add your commute

Building Information for 1081 Highway 50

Stories-Year Built1980Building Size-Lot Size8.80 AC / 383,328 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$1,291 per month

30 year fixed, 6.46% Interest

Principal and Interest

$1,209

Property Taxes

$82

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 1081 Highway 50

Summary
Location and General Information
  • City: Mitchell
  • County Or Parish: Lawrence
  • Directions: GPS Friendly
  • Postal Code: 47446
  • Postal Code Plus4: 7404
  • State Or Province: IN
  • View: Creek/Stream, Pasture, Pond, Rural, Trees/Woods
  • View: Yes
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 471305200005000013
  • Semi Annual Property Tax Amt: 492
  • Tax Exemption: Homestead Tax Exemption
  • Tax Year: 2025
  • TaxLot: SEC 5 TWP 3 R2W 8.80A PT WE 1/4 NW 1/4
School Information
  • School District: Mitchell Community Schools
Parking
  • Garage YN: Yes
  • Garage Spaces: 1.0
  • Garage SqFt: 240
Property
Lot Information
  • Acreage: 5-10 Acres
  • Lot Description: Not In Subdivision, Rural - Not Subdivision, Mature Trees, Trees-Small (Under 20 Ft), Wooded
  • Lot Size Square Feet: 383328.0
  • Lot Size Acres: 8.8
  • Main Level SqFt: 1159
  • New Construction: False
  • Living SqFt: 726.0
  • Sqft Total: 1885.0
  • Sq Ft Total: 1885.0
  • Year Built Numeric: 1980
  • Below Grade Finished Area: 0.0
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: Yes
  • Inspection Warranties: Not Applicable
  • Legal Subdivision: Sec 5 Twp 3 R2w 8.80A Pt We 1/4 Nw 1/4
  • Photos Count: 63
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
Utilities
  • Solid Waste: No
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Log, Wood Siding, Wood With Stone
  • Foundation Details: Block
  • Horse Amenities: None
Interior Features
  • Accessibility Features: No
  • Appliances: Dryer, MicroHood, Electric Oven, Refrigerator, Washer
  • Basement Description: Partial
  • Basement YN: Yes
  • Cooling: Window Unit(s)
  • Eating Area: Dining Combo/Kitchen
  • Heating: Wood Stove, Other
  • Interior Features: High Ceilings, Hi-Speed Internet Availbl, Eat-in Kitchen, WoodWorkStain/Painted
  • Levels: Two
  • Room List: Primary Bedroom, Bedroom 2, Bedroom 3, Living Room, Dining Room, Kitchen
  • Room and Features: Primary Bedroom-Upper, Bedroom 2-Upper, Bedroom 3-Upper, Living Room-Main, Dining Room-Main-Tile-Ceramic, Kitchen-Main-Tile-Ceramic
  • Main Level Bedrooms: 0
  • Laundry Features: Laundry Room
  • Num Bedrooms Upper: 3
  • Num Bedrooms Basement: 0
  • Rooms Basement: 0
Room Information
Room Information
  • Rooms MU: 6
  • Rooms Total MU: 6
  • Total Rooms: 6
Room 1
  • Room Level: Upper
  • Room Dimensions: 12X11
  • Room Type: Primary Bedroom
Room 2
  • Room Level: Upper
  • Room Dimensions: 11X10
  • Room Type: Bedroom 2
Room 3
  • Room Level: Upper
  • Room Dimensions: 11X10
  • Room Type: Bedroom 3
Room 4
  • Room Level: Main
  • Room Dimensions: 11X20
  • Room Type: Living Room
Room 5
  • Room Level: Main
  • Room Dimensions: 11X9
  • Room Features: Tile-Ceramic
  • Room Type: Dining Room
Room 6
  • Room Level: Main
  • Room Dimensions: 11X15
  • Room Features: Tile-Ceramic
  • Room Type: Kitchen
Bathrooms
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Count: 2
  • Full Baths Basement: 0
  • Full Baths Main: 1
  • Full Baths MU: 2
  • Full Baths Upper: 1
  • Half Baths Basement: 0
  • Half Baths Main: 0
  • Half Baths MU: 0
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 3
  • Bedrooms MU: 3
  • Bedrooms Total: 3

Property History for 1081 Highway 50

DateEvent & SourcePriceAppreciation
Apr 20, 2026

Pending

MIBORMLS #22094856

—
Apr 11, 2026

Listed (Active)

MIBORMLS #22094856

$240,000—
Feb 11, 2021

Sold (Public Record)

Public Record #1512053057

$180,000—
DateEvent & SourcePrice
04/20/2026

Pending

MIBORMLS #22094856

—
04/11/2026

Listed (Active)

MIBORMLS #22094856

$240,000
02/11/2021

Sold (Public Record)

Public Record #1512053057

$180,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1081 Highway 50

Taxable ValueLand$17,000Additions$131,600Total$148,600
Tax Record2025$959 ($80 / month)
Home Facts
Beds3Baths1.5Total Finished SqFt1,885 SqFtAbove Grade Finished SqFt1,885 SqFtStories2Lot Size383,328 SqFtStyleMiscellaneous ResidentialYear Built1980CountyLAWRENCEAPN47-13-05-200-005.000-013

Schools near 1081 Highway 50

This home is within Mitchell Community Schools.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Hatfield Elementary School
PublicPK to 2

Burris Elementary School
Public3 to 5

Mitchell Jr High School
Public6 to 8

Mitchell High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Broker, LLC

Based on information submitted to the MLS GRID as of 04/20/2026 09:50 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.