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Shelbyville

Shelbyville

Located in Shelby County

$237,994 Average Value
$147 Average Price per Sq Ft
132 Homes For Sale

Sleepy little city of Shelbyville

While the gridded streets of Shelbyville make it appear like a bustling city, “it’s a sleepy little community where everyone knows everybody,” explains Amy Limpus of the Property Shop of Indiana, the city's top agent and a lifelong resident of Shelbyville. “I grew up here, my husband grew up here, and we both have businesses in the community. We never thought about living anywhere else.” Despite its small-town feel, Shelbyville directly connects to the capital via nearby thoroughfares.

An aerial view showing some of Shelbyville's neighborhood streets.
An aerial view showing some of Shelbyville's neighborhood streets.
This Ranch home is another example of the typical Shelbyville neighborhood.
This Ranch home is another example of the typical Shelbyville neighborhood.
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Custom-built homes with a median in the $200,000s

Less than 35 miles from Indy, the city includes a range of custom-built homes constructed anywhere from the 1960s to the early 2000s. While some streets feature Arts and Crafts-style homes, others include bungalows and ranch-style architecture. Sidewalks link together the houses near downtown Shelbyville, but outlying homes offer a more secluded setting alongside farmland. “A typical three-bedroom ranch is probably going to be about $200,000, and that would be one that is older. More custom areas are brick, and they’re selling for much higher—close to $300,000,” Limpus explains.

Homes like this neat and well-kept ranch-style home are typical in the Shelbyville area.
Homes like this neat and well-kept ranch-style home are typical in the Shelbyville area.
You can find it in Shelbyville, from minor to spacious homes like this.
You can find it in Shelbyville, from minor to spacious homes like this.
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Learning through Shelbyville Central Schools

Part of Shelbyville Central Schools, the city's residents benefits from a B-rated district, according to Niche. Students start at Coulston Elementary, a B-minus-rated school, and transition to Shelbyville Middle, a school with a B rating. For high school, students attend B-rated Shelbyville High and gain access to academic teams like Spell Bowl and Quiz League, as well as organizations like Business Professionals of America and Robotics Club.

Kids can easily walk or bike to Shelbyville Middle School.
Kids can easily walk or bike to Shelbyville Middle School.
Shelbyville Sr High School educates teens in Shelbyville's neighborhoods.
Shelbyville Sr High School educates teens in Shelbyville's neighborhoods.
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Exercise for residents and their pups at Blue River Memorial Park

Though Shelbyville is a small city with a population of over 25,000, the rural roots of the city shine through its many parks and recreational opportunities. Blue River Memorial Park sits in northeast Shelbyville and includes over 180 acres of green space, including a butterfly habitat, walking trails and a dog park. Though Blue River is the most expansive option, Kennedy, Sunrise, Sunset and Morrison Park offer smaller-scale options closer to the downtown area. When it gets too cold to enjoy the outdoors, the Shelby County YMCA off Route 9 provides a space for locals to play pickleball, participate in group fitness classes or swim in an indoor pool. For an old-school movie experience, the Skyline Drive-In plays new flicks and classics in the eastern part of the city, a more rural section of Shelbyville. The location also includes a small arcade and a café with quick bites like hot dogs and unique eats like the Bonehill Cheeseburger—a burger between two soft pretzels.

Shelbyville's Blue River Memorial Park has abundant activities for the entire family.
Shelbyville's Blue River Memorial Park has abundant activities for the entire family.
The 10-acre Kennedy Park in Shelbyville has a shelter, playground and basketball courts.
The 10-acre Kennedy Park in Shelbyville has a shelter, playground and basketball courts.
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Kroger in Shelbyville, more retail at the nearby Greenwood Park Mall

With several stores and restaurants in Shelbyville, residents don’t need to venture far to grab the essentials. Kroger is less than 2 miles east of the city center, and Walmart is less than 3 miles northeast. For larger-scale shopping trips, residents can reach Greenwood Park Mall in about 25 miles, home to national retailers like JCPenney, Macy’s and Foot Locker. Locally owned and operated restaurants make up most of the dining options in the Shelbyville. Grandma’s Pancake House takes care of breakfast and is within walking distance for those in the concentrated part of the city. Just half a mile north of Grandma’s, Pudder’s covers lunch or dinner. For nightlife, downtown Shelbyville stays lively with cozy bars like Capone’s Downtown Speakeasy and Willie Farkle’s.

Grandma's Pancake House in Shelbyville is known for breakfast, but check out the great lunch too.
Grandma's Pancake House in Shelbyville is known for breakfast, but check out the great lunch too.
Capone's Downtown Speakeasy in Shelbyville has the perfect vibe for your lunch or night out.
Capone's Downtown Speakeasy in Shelbyville has the perfect vibe for your lunch or night out.
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First Fridays and a Christmas parade

The Horseshoe Indianapolis Casino includes year-round entertainment close to home, but the city also hosts events throughout the year to connect the community. The monthly First Friday event highlights the area’s local shops, restaurants and musicians, and the Christmas Parade celebrates artists, the high school marching band and local organizations.

Travel into Indy via I-74

While there’s no public transportation, there are senior service vans that assist with access to medical care or trips to nearby MHP Major Hospital. For trips into Indy, there are multiple ramps to Interstate 74, including one to the north and west of downtown. If residents need to travel outside of Indiana, the Indianapolis International Airport is about 40 miles away.

Hannah Rainey
Written By
Hannah Rainey
Mark Chenoweth
Photography Contributed By
Mark Chenoweth
Derek Fowler
Video By
Derek Fowler

Interested in learning more about homes in this area? Reach out to Bob Morris, an experienced agent in this area.

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Parks in this Area

Shelbyville Housing Trends

Housing Trends

Median List Price
$262,900
Median Sale Price
$247,650
Median Single Family Sale Price
$258,999
Median Townhouse Sale Price
$190,400
Median 2 Bedroom Sale Price
$251,950
Median Change From 1st List Price
3%
Last 12 months Home Sales
364
Median Home Sale Price YoY Change
14%
Average Price Per Sq Ft
$147

Area Facts

Number of Homes
8,375
Number of Homes for Sale
132
Median Year Built
1963
Months of Supply
4.40
Average Single Family Home Size Sq Ft
1,769
Below the national average
1,929
Average Townhouse Size Sq Ft
1,594
Average 2 Bedroom Size Sq Ft
1,499
Average 1 Bedroom Size Sq Ft
738
Median Lot Size Sq Ft
8,276

Open Houses

  • Sunday, Nov 2

    2285 Marjorie Way, Shelbyville, IN 46176

    $269,990

    • 3 Beds
    • 2 Baths
    • 1,585 Sq Ft
    • 2285 Marjorie Way

    Discover this stunning new construction ranch home for sale in Shelbyville! This thoughtfully designed home offers comfortable living with quality craftsmanship throughout. Key features include 3 bedrooms, 2 full bathrooms, an open-concept living space, a gathering room extension upgrade, a 2-car garage, and more! This single-story floorplan maximizes functionality while maintaining an inviting

    Jennifer Mencias M/I Homes of Indiana, L.P.

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  • Sunday, Nov 2
    Open Sun 8AM - 7PM

    1654 Carriage Cir, Shelbyville, IN 46176

    $250,000

    • 3 Beds
    • 2.5 Baths
    • 1,789 Sq Ft
    • 1654 Carriage Cir
    • New 23 days ago

    Welcome to this beautifully maintained property, boasting a neutral color paint scheme that enhances its fresh interior paint. The kitchen is a chef's dream, equipped with all stainless steel appliances. The primary bathroom features double sinks, ensuring ample space for your morning routine. The primary bedroom is a retreat with a spacious walk-in closet. Step outside to enjoy the patio,

    Shelby Farrar Opendoor Brokerage LLC

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  • Sunday, Nov 2

    410 Howard St, Shelbyville, IN 46176

    $214,900

    • 3 Beds
    • 1 Bath
    • 1,182 Sq Ft
    • 410 Howard St

    You are not going to want to miss this gem! Step inside a home that is as cozy as it is functional, filled with natural light and updated with care. Recent improvements include new paint, new carpet upstairs, a new HVAC, and a new water heater in 2025, giving you peace of mind from day one. The kitchen provides plenty of counter space and opens to a versatile flex room that can be used as a

    Ryan Cox BluPrint Real Estate Group

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Weather

Annual Precipitation
43''
Average Winter Low Temperature
23°F
Average Summer High Temperature
86°F
Annual Snowfall
7''

Area Factors

Somewhat Bikeable

Bike Score®®

27 / 100

Car-Dependent

Walk Score®®

25 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Shelbyville
Bob Morris
Top Choice Real Estate, LLC
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