319 E Grisson Ave, Mitchell IN 47446
Ideal for owner occupier or investor
Single Family house with double garage on a nice decent size lot in a quiet neighborhood.
Area has consistent population growth and low crime rate.
Lots size: 1.055 Acres in 3 parcels:
Parcel dimensions:
100 ft x 133 ft = 13,300 sq ft
104 ft x 157 ft = 16,328 sq ft
104 ft x 157 ft = 16,328 sq ft
TOTAL: 45,956 sq ft (1.055 Acres)
Description:
Built in 1930, this property has a lot of character with nice pitch roof front porch. The property sits on a 1.055 acres lot with several mature trees in a pleasant environment. The house features a living room, dining room, kitchen, 1 bathrooms, 3 bedrooms, Office / study, a laundry room and a large double garage. There is a good size shed at the back of the garage.
Front porch: 128 sq ft.
Living area: 1,309 sq ft
1 Hallway
1 living room
1 Office/ study
1 kitchen
1 Dining room
3 bedrooms
1 bathroom
1 laundry room
Back porch: 136 sq ft
Dog house.
Double Garage with large shed at the back: 720 sq ft (Built 1950)
There are several built in closets and plenty of storage areas.
Condition:
The property needs general rehab, repairs and updating but no major work. The exterior of the property mainly needs painting and some minor repairs and internally the whole house needs full painting and redecoration.
Great location:
The property is located on a nice quiet street residential neighborhood with a lot of mature trees. The house sits on a large amount of land, and it is the only house on that side of the block. The surrounding houses and their yards are all very well kept. The property is close to local shopping, grocery stores and local amenities and facilities being only 0.8 miles from downtown Mitchell. The property is also a short drive to the 202,000 Acres Hoosier National Park.
Restaurants
Grecco’s (.6mi), The Hub Restaurant (.9mi), Edna’s Pizza (.9mi), Wendy’s (1mi), McDonald’s (1mi), C J’s Homemade Cakes & Cookies (1.1mi), Arby’s (1.2mi), Chicago’s Pizza (1.3mi), Mitchell Family Restaurant (1.4mi), Subway (1.6mi), Great Wall (1.6mi), Subway (1.6mi), El Compadre (1.6mi), A&w All-American Food (1.6mi), KFC (1.6mi),
Coffee
JavAroma Roasters (1.3mi), Northside (4.5mi), Lighthouse Christian Bookstore (4.9mi),
Bars
Depot Tavern (4.8mi),
Groceries
D & P Foods (.7mi), Jay C (1.1mi), Ruler Foods (1.2mi),
Parks
Spring Mill State Park (2.2mi), Bishop Roberts Park (4.4mi),
Schools
Mitchell Junior High School (1mi), Mitchell High School (1mi), Hatfield Elementary School (1.1mi), Burris Elementary School (1.7mi), Orleans Junior-Senior High School (4.5mi), Orleans Elementary School (4.9mi),
Shopping
Wear House (.6mi), Chance Closet 2nd (.7mi), Lazy Days Bookstore (.8mi), Hoosier Rainbows (1.2mi), Precious Memories Personalized Gifts (4.6mi),
Entertainment
Gus Grissom Boyhood Home (.6mi), Pioneer Village (1.6mi), Holiday Drive-In Theater (2mi), Gus Grissom Memorial (2.6mi),
Errands
Holmes Hardware (.6mi), Morris Crawford Lbr & Home Center (.7mi), Ace Hardware/Ben Franklin (1.1mi), Bloomfield State Bank (1.2mi), CVS Pharmacy (1.5mi)
(walkscore.com)
Demographics 1 mile 3 mile 5 mile
Total population: 3,905 6,221 9,987
Population change (2010-2017): +2.59 +2.23% +2.22%
% White alone 97.87% 97.94% 97.95%
Household average yearly income: $52,151 $54,920 $56,342
(ref loopnet.com)
Crime: Low
(trulia.com)
THIS IS A UNIQUE OPPORTUNITY FOR THE SAVVY HOME OWNER, DEVELOPER OR INVESTOR TO OWN A POTENTIALLY HIGH INCOME PROPERTY AT A DISCOUNTED PRICE IN A GREAT LOCATION.
Investment opportunity:
Neighborhood Median Price: $90,000 (Realtor.com)
Comparable For Sale:
620 W Frank St, Mitchell, IN 47446 (0.6 miles away) 1,200 sq ft- 6500 sq ft lot- $117,900
Income potential:
Similar houses are renting for $1,100/ month
(hotpads/com, rentometer.com)
Taxes:
Lawrence County Indiana-
Parcel ID#: 3 parcels
47-11-36-441-025.000-005, 47-11-36-404-019.000-005, 47-11-36-404-039.000-005
Yearly Real estate Taxes
025.000-005
$326 2nd instalment of 2016 payable in 2017 which is due on Nov 13
(1st instalment which was paid back in May 10 was also $326)
019.000-005
$139.50 2nd instalment of 2016 payable in 2017 which is due on Nov 13
(1st instalment which was paid back in May 10 was also $139.50)
039.000-005
$139.50 2nd instalment of 2016 payable in 2017 which is due on Nov 13
(1st instalment which was paid back in May 10 was also $139.50)
PROPERTY IS SOLD AS IS, WHERE IS- Warranty Deed- No Back Taxes
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