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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 Kmmb4bIM5Vq5DoMhNrsYqTcs31eZTpPWFdbo/Qs8ka+eFRPujBaEWGeEQRPWCmDi
 P97PyJhzFsmY3/E0VKjuEg==

<SEC-DOCUMENT>0000927089-08-000272.txt : 20080722
<SEC-HEADER>0000927089-08-000272.hdr.sgml : 20080722
<ACCEPTANCE-DATETIME>20080722164958
ACCESSION NUMBER:		0000927089-08-000272
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20080718
FILED AS OF DATE:		20080722
DATE AS OF CHANGE:		20080722

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Levy Edward C
		CENTRAL INDEX KEY:			0001315104

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-27905
		FILM NUMBER:		08963799

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		574-273-7600

	MAIL ADDRESS:	
		STREET 1:		316 SOUTH EDDY STREET
		CITY:			SOUTH BEND
		STATE:			IN
		ZIP:			46617

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MUTUALFIRST FINANCIAL INC
		CENTRAL INDEX KEY:			0001094810
		STANDARD INDUSTRIAL CLASSIFICATION:	STATE COMMERCIAL BANKS [6022]
		IRS NUMBER:				371392810
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		110 E CHARLES STREET
		CITY:			MUNCIE
		STATE:			IN
		ZIP:			47305
		BUSINESS PHONE:		7657472800

	MAIL ADDRESS:	
		STREET 1:		110 E CHARLES STREET
		CITY:			MUNCIE
		STATE:			IN
		ZIP:			47305

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MFS FINANCIAL INC
		DATE OF NAME CHANGE:	19990910
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>primary_doc.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2008-07-18</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001094810</issuerCik>
        <issuerName>MUTUALFIRST FINANCIAL INC</issuerName>
        <issuerTradingSymbol>MFSF</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001315104</rptOwnerCik>
            <rptOwnerName>Levy Edward C</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>316 SOUTH EDDY STREET</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>SOUTH BEND</rptOwnerCity>
            <rptOwnerState>IN</rptOwnerState>
            <rptOwnerZipCode>46617</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2008-07-18</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness>
                <value></value>
            </transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>6216</value>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>6216</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Stock Option (right to buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>9.85</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2008-07-18</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness>
                <value></value>
            </transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>12950</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>2008-07-18</value>
                <footnoteId id="F2"/>
            </exerciseDate>
            <expirationDate>
                <value>2015-09-30</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>12950</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>12950</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Received in exchange for 2,400 shares of the common stock of MFB Corp. (&quot;MFB&quot;) pursuant to the Agreement and Plan of Merger, dated January 7, 2008 between MutualFirst Financial, Inc. (&quot;MutualFirst&quot;) and MFB Corp. (&quot;MFB&quot;) (the &quot;Agreement&quot;).  Each share was exchanged for 2.59 shares of MutualFirst common stock or $41.00 in cash, or a combination of both, in accordance with the reporting person's election and the proration procedures described in the Agreement.</footnote>
        <footnote id="F2">Received in the Merger in exchange for an option to purchase 5,000 shares of MFB common stock at an exercise price of $25.50.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Rosalie A. Petro, POA</signatureName>
        <signatureDate>2008-07-22</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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