Shelbyville

Shelbyville

Located in Shelby County

$233,653 Average Value
$146 Average Price per Sq Ft
91 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 Tamara Scroggins, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Shelbyville Housing Trends

Housing Trends

Median List Price
$259,900
Median Sale Price
$239,480
Median Single Family Sale Price
$253,990
Median Townhouse Sale Price
$187,750
Median 2 Bedroom Sale Price
$251,950
Median Change From 1st List Price
3%
Last 12 months Home Sales
345
Median Home Sale Price YoY Change
$9
Average Price Per Sq Ft
$146

Neighborhood Facts

Number of Homes for Sale
91
Months of Supply
3.20

Open Houses

  • Sunday, Jun 22
    12 - 2pm

    905 Congressional Way, Shelbyville, IN 46176

    $211,900

    • 3 Beds
    • 1 Bath
    • 1,122 Sq Ft
    • 905 Congressional Way
    • New 27 days ago

    Just starting out? or Downsizing? This compact all electric home has everything you need and is just waiting for you! Cute 3 bedroom home in popular Loper Ponds. Fresh paint, newer carpet and flooring. Updated lighting. Efficient galley kitchen offers granite counter tops, fun wall covering, 2023 electric range/oven, microwave/convection range hood and refrigerator. There is even a handy

    Kim Heald Carpenter, REALTORS®

  • Saturday, Jun 21
    11am - 6pm

    1961 Black Oak Dr, Shelbyville, IN 46176

    $288,999

    • 4 Beds
    • 2.5 Baths
    • 2,119 Sq Ft
    • 1961 Black Oak Dr
    • New 25 days ago

    New Construction - August Completion! Built by Taylor Morrison, America's Most Trusted Homebuilder! Welcome to the Simplicity 2115 at 1961 Black Oak Drive in Twelve Oaks, where Midwest charm meets modern living. Enjoy parks, walking paths, and Blue River Memorial Park with 180 acres of green space, a dog park, and butterfly habitat. Downtown Shelbyville, recently revitalized, offers boutiques,

    Jerrod Klein Pyatt Builders, LLC

  • Saturday, Jun 21
    11am - 6pm

    1943 Black Oak Dr, Shelbyville, IN 46176

    $268,999

    • 4 Beds
    • 2.5 Baths
    • 1,594 Sq Ft
    • 1943 Black Oak Dr

    New Construction - Built by Taylor Morrison, America's Most Trusted Homebuilder - August Completion! Settle into Shelbyville, where small-town charm meets fresh energy. Explore a revitalized downtown filled with local boutiques, great eats, and live shows at the historic Strand Theater. Outdoor lovers will feel right at home with nearby parks, trails, and Blue River Memorial Park's 180 acres of

    Jerrod Klein Pyatt Builders, LLC

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''
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
Tamara Scroggins
Your Realty Link, LLC