Shelbyville, IN Real Estate Search

Shelbyville, IN Homes for Sale

The Real Estate Market in Shelbyville, IN

Shelbyville, IN is a growing community located just a short drive southeast of Indianapolis. The real estate market in Shelbyville offers a diverse range of options for home buyers, from historic properties in the downtown area to newer developments in the surrounding suburbs. With a mix of single-family homes, townhouses, and condos available, there is something to suit every buyer's taste and budget.

Strong Demand for Homes in Shelbyville

The demand for homes in Shelbyville has been steadily increasing in recent years, as more people are drawn to the area's affordable housing options, strong job market, and quality schools. This has led to a competitive market, with homes often selling quickly and for above asking price. For sellers, this means that now is a great time to list their property and take advantage of the high demand in the area.

Investment Opportunities in Shelbyville

For those looking to invest in real estate, Shelbyville offers a range of opportunities for both short-term and long-term investors. Whether you're interested in flipping properties for a quick profit or holding onto rental properties for a steady income stream, there are options to suit every investment strategy. With the area's strong rental market and low vacancy rates, investing in Shelbyville real estate can be a smart financial move.

Up-and-Coming Neighborhoods in Shelbyville

As Shelbyville continues to grow and develop, certain neighborhoods are emerging as popular choices for home buyers. Areas like Fairland and Morristown are seeing increased interest from buyers looking for affordable homes in a family-friendly environment. With close proximity to schools, parks, and other amenities, these up-and-coming neighborhoods offer a great quality of life for residents.

Working with a Local Real Estate Agent in Shelbyville

Whether you're buying, selling, or investing in real estate in Shelbyville, it's always a good idea to work with a local agent who knows the market inside and out. A knowledgeable real estate agent can help you navigate the complexities of the buying or selling process, negotiate on your behalf, and provide valuable insights into the local market trends. By partnering with a local expert, you can ensure a smooth and successful real estate transaction in Shelbyville, IN.

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Shelbyville, IN Homes for Sale

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Newest Shelbyville, IN Homes for Sale

3 Beds 1 Baths
Old charm and country feel for this incredible property. Doesn't take much of an imagination to bring this traditional farmhouse style home back to life. Resting nicely on 3.20 acres you have a circular driveway for plenty of parking, horse barn with electric. Barn has had extra support beams added but still in need of additional work to be a functioning barn. Huge mature trees, large front porch to enjoy relaxing during the summer evenings and walking distance (literally across the street) to Blue River Park. This home was a true gem back in its day. Main level offers a large living room with free standing fireplace, formal dining room, one full bath, large eat-in kitchen with tons of storage, counter space and cabinets, laundry room with built-in cabinets, bonus room off of the laundry room is a perfect mud room or space for canning those veggies from the garden, two upper-level bedrooms (limited closet space / and pitched ceilings). Adding to the charm notice the glass shelves on both sides of the door in the dining room, original solid wood doors. The home has newer carpet in the living / dining room and newer windows in the home. Some TLC is needed to update the home for the next family. There is also a 12x30 four season room for additional living space. The window unit is not operational and no heat to this room. Two car attached garage is a bonus. This home will be Sold As-Is, no repairs will be done by the seller. No FHA or VA offers. Seller has not lived in the home for many years and true condition is unknown.

1034 E Morris Avenue, Shelbyville

Listing courtesy of Steve Lew Real Estate Group, LLC.

3 Beds 3 Baths
Welcome to your new luxury ranch home in beautiful Shelbyville, IN! This stunning 3-bedroom, 2.5-bathroom residence spans over 2,000 square feet and is loaded with premium features that combine elegance and comfort. As you approach, you'll notice the additional brick adorning the sides and rear of the home, providing a classic and refined touch. Step inside and immediately feel the warmth of the gas corner fireplace in the spacious great room, perfect for cozy evenings with family and friends. The insulated garage, complete with a stylish door featuring windows, ensures your vehicles stay protected and adds a touch of sophistication to the exterior. Natural light floods the home through the generous 6' tall windows, creating a bright and inviting atmosphere throughout. The open-concept living area flows seamlessly into the gourmet kitchen, where you'll find 42" upper cabinetry in a chic ivory finish, equipped with modern cabinet hardware. The 3 CM quartz countertops and 3x6 tiled backsplash provide a sleek and durable workspace, while the kitchen island offers additional prep space and seating for casual dining. You'll appreciate the convenience of the gas line to the range, the backless smudge-proof slide-in gas range, chimney range hood, and the black dishwasher, making meal prep and clean-up a breeze. An under-sink water filtration system ensures clean and fresh water for your family. Step outside to the expansive 18'x18' rear concrete patio, ideal for outdoor entertaining or simply enjoying a quiet evening under the stars. The primary suite is a true retreat, featuring a deluxe garden bath tub and a separate shower for a spa-like experience. Quartz countertops in all bathrooms and luxury vinyl plank flooring in the common areas add to the luxurious feel of this home. Additional features include a 50-gallon, 90% efficiency power vent gas water heater, a water softener bypass rough-in, and extra lighting and electrical throughout the home for your comfort

1156 Breckinridge Way, Shelbyville

Listing courtesy of Ridgeline Realty, LLC.

3 Beds 2 Baths
The GREATEST value in all of Shelbyville and Shelby County!!! This home exemplifies pride of ownership and pride in craftsmanship. You have to see it with your own eyes to completely understand. It all starts with the hardy plank siding in the perfect shade of blue. Sprawling covered porch in the front and massive deck in the back for your outdoor living paradise. The windows speak for themselves with the highest quality product all while maintaining the original beautiful craftsmanship and abundance of natural light. The classic craftsman wood trim and wood doors still bless this property with copious character. The beautifully finished hard wood floors give the home the sturdy feel and look of a classic Victorian home. The spacious main level living room and formal dining room will fit the bill for all the biggest family gatherings. The updated kitchen is the perfect blend of modern meets Victorian with more than enough counter space for the largest meal preparations in addition to the kitchen island. The main level utility room is where you will find the laundry hook ups with built in shelves to keep every household well organized. The main level bathroom is simple yet elegant and the shower is richly tiled floor to ceiling. The upstairs bathroom is extremely large with a soaker jacuzzi tub. 3 Bedrooms upstairs where you will find a bedroom with a hand crafted built in bed. Mechanicals were thoughtfully replaced with a higher efficiency gas furnace and air conditioning and an On-Demand natural gas tankless water heater. And YES there is a two car detached garage for the auto enthusiast or those who want there own private space away from the house. This garage would make a perfect home shop for a hobbyist looking for an insulated and fully finished work space that happens to have its own 100 amp service with a window A/C unit. This home is a must see and will make the perfect next chapter for any family.

1131 S Harrison Street, Shelbyville

Listing courtesy of Fathom Realty.

4 Beds 2 Baths
This beautiful colonial style home sitting on a corner lot with full front porch is waiting for new owners. Located within walking distance to park, bike trails and the heart of Downtown Shelbyville. Beautiful stained woodwork, some is painted. Original hardwood floors throughout. 4 Bedrooms, 2 full baths( both newly remodeled) . 2 original fireplaces are still in home. One has been converted into gas log with remote in front living room. Dining is still coal and both have been inspected and are functional. Butler staircase from upper level to kitchen with beautiful wooden staircase in large front foyer. 10 ft first floor ceilings, 9 ft second floor ceilings. Primary bedroom on main floor with full bath right next to it. Could be in laws room if you wanted to use other large bedroom as primary. Large walk in area could be finished out for den and the entire attic above 2nd floor is open and large enough to be finished out with another bedroom or two. Built with Native lumber, she has great bones and could be restored to original beauty with little effort. Platted in 1823. Owner also has blueprints and drawings for one car garage that could be added on to the home. They had planned to do just that and ran out of time to do it. Front porch has 2 porch swings and view of beautiful Davis Mansion. Steps to porch were done within the past year or two. You will not be disappointed in this home with its natural beauty and old character. First floor also has back porch area that was possible used as a canning room or other area with a door to outside and a door to the home.

56 W Mechanic Street, Shelbyville

Listing courtesy of eXp Realty LLC.

4 Beds 3 Baths
Discover country living at its finest with this charming 4-bedroom, 3-bathroom house nestled on a picturesque plot of land. Boasting a spacious 2-car attached garage, this home offers both convenience and functionality. Step inside to find a newly updated kitchen, complete with sleek granite countertops, perfect for culinary enthusiasts and entertainers alike. The open layout seamlessly flows into the dining area, making family meals and gatherings a joy. Relax and unwind in the comfort of the cozy living room, ideal for quiet evenings or hosting guests. With four bedrooms, there's ample space for a growing family or accommodating visitors. But the allure doesn't end there. Venture outside to discover a newly constructed deck, offering the perfect spot for enjoying morning coffee or evening sunsets. For those with furry or feathered friends, the fenced-in area provides a safe haven for animals to roam and play. And for those with hobbies or in need of extra storage, the barn offers endless possibilities. A bonus room that's more than just extra space; it's a sanctuary tailored to your desires. The attic offers a hidden treasure trove of storage possibilities, allowing you to declutter your living spaces and keep your belongings organized with ease. Whatever your passion, this bonus room promises to be the perfect backdrop for creating lasting memories. Make it your own and elevate your lifestyle with this unparalleled addition to your new home. Experience the serenity of country living while still being just a short drive from city amenities. Start envisioning a life filled with the sweet rewards of your very own fruit trees, the property offers peach and honeycrisp apple trees. Don't miss your chance to make this dream property your own. Schedule a showing today!

4030 S 250 E, Shelbyville

Listing courtesy of Mackenzie Allen, Polston & Ass.

4 Beds 4 Baths
Want to be a Homesteader? Fabulous custom built Hearthstone log home on 12.03 acres with all the amentities you desire! Inground heated 8.5 ft deep pool, covered outdoor built-in kitchen, trails through the woods to Coffey Creek. 4 bedrooms & 4.5 baths plus a finished walk-out basement housing the entertainment & family rooms, (pool table incld), wet bar & laundry plus, elec. baseboard for back-up heat. Beautiful 116 ft stone wall with wood burning fireplace in living rm. 200 yr old yellow pine (not yellow in color) floors from Norfolk VA. Custom built doors & closets. 3-zone HVAC, Heat pump with LP back-up. Tennessee Flag Stone walkway leads to a large covered porch with swing. Master bath has large slate shower plus separate jet tub, 2 sink vanity, also a walk-in closet. 15 x 20 Master bedroom has sitting area, vaulted beamed ceiling & hardware for barn door. Flatrock Furniture master bed, bar stools and table stay as well as pool furniture. Seller is willing to leave "cabin" style furnishing. Sit in the screened-in deck off of kitchen to watch wildlife in their natural habitat or, walk to the stone firepit to roast marshmallows, get back in to nature! There is a detached 2/3 car garage with floored storage above. Plenty of cleared space for a garden or orchard. The property is located just a few miles from town, Shelbyville, within 10 min to interstate, grocery stores, restaurants and all city amenities. There's only been 3 families to own this home, you can be the 4th! Please try to give 24 hr notice to show. Do not drive down lane without an appointment.

2483 N 200 E, Shelbyville

Listing courtesy of Carpenter, REALTORS®.

Makeup: A 2 BR, 1BR, and Studio at $750, $745, and $500. Invest in a Lucrative Triplex Generating over almost $2000 Monthly Income In today's dynamic real estate market, finding an investment opportunity that promises both stability and significant returns is paramount. Introducing a prime investment opportunity: a meticulously maintained triplex boasting three units and generating almost $2,000 (rents are on the lower side) in monthly rental income. This triplex is not just a property; it's a pathway to financial prosperity and security. Unlocking the Potential: With three distinct units, each contributing to the impressive monthly income, this triplex offers investors a rare opportunity to diversify their income streams and maximize returns. Whether you choose to rent out all three units or occupy one while leasing the others, the potential for profit is undeniable. Location, Location, Location: Situated in a highly sought-after area, this triplex benefits from its prime location, surrounded by amenities, downtown restaurants and shopping, trail heads, and convenient transportation options. The demand for rental properties in such desirable neighborhoods ensures a steady stream of potential tenants, minimizing vacancies and maximizing rental income potential. Crunching the Numbers: Let's talk figures. With around $2000 in monthly rental income and room to improve those numbers, this triplex yields an annual income that surpasses $15,000 before debt service. Such impressive numbers speak volumes about the financial viability of this investment opportunity. Moreover, with the potential for rental rate increases and property appreciation over time, the long-term returns on investment are even more promising. Rates could be nearer $900, 750, and 700.

225 W Pennsylvania Street, Shelbyville

Listing courtesy of Mackenzie Allen, Polston & Ass.

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