20

Shelbyville, IN Homes for Sale under $200,000

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  • /31

    $175,000

    • 4 Beds
    • 2 Baths
    • 1,276 Sq Ft

    116 E South St, Shelbyville, IN 46176

    Four bedroom, 2 full bath home available in Shelbyville. This home offers an updated kitchen with SS appliances, all new flooring throughout and new light fixtures throughout. The lead glass front door brings you into a cute entry with built-in shelving to display items, and is flanked by 2 bedrooms. The large living room could be shared with a formal dining space, or there is room in the kitchen

    Agent Photo

    Sheri Jones

    Hoosier, REALTORS®

    (317) 676-5195

    116 E South St, Shelbyville, IN 46176
  • /15

    $110,000

    • 2 Beds
    • 1 Bath
    • 952 Sq Ft

    953 W Mckay Rd, Shelbyville, IN 46176

    This is a nice single story 2 bedroom 1 bath brick condo located in South High Garden-a small, quiet community. The monthly HOA fee of $155 includes water and sewer. Home is total electric, budgeted at $168 a month. All appliances stay! Located in Shelbyville, this home offers a high quality of life with affordable housing, a strong sense of community, and easy access to Indianapolis. Convenient

    Agent Photo

    Merribeth Burns

    Dollars and Sense Real Estate

    (463) 223-4067

    953 W Mckay Rd, Shelbyville, IN 46176
  • /8

    $130,000

    • 3 Beds
    • 1 Bath
    • 1,056 Sq Ft

    733 2nd St, Shelbyville, IN 46176

    Start your homeownership journey here! This 3 bedroom, 1 bath home offers comfortable living with a practical layout and room to personalize. Perfect for first-time buyers wanting an affordable option with space to grow. Convenient location close to everyday amenities makes this one easy to love. Why rent when you can own?

    Agent Photo

    Rhonda Krebs

    CENTURY 21 Scheetz

    (317) 953-8765

    733 2nd St, Shelbyville, IN 46176
  • /21

    $159,900

    • 2 Beds
    • 0.5 Baths
    • 1,016 Sq Ft

    146 E Broadway St, Shelbyville, IN 46176

    Historic charm meets meticulous restoration in this well-maintained office building near downtown Shelbyville. A true testament to pride and preservation, this property has been a cherished part of the owner's family for years. Thoughtfully taken down to the studs, it has undergone extensive updates, including new drywall, electrical, plumbing, restored windows, updated HVAC with added ductwork,

    Amy Limpus The Property Shop of Indiana

    146 E Broadway St, Shelbyville, IN 46176
  • /44

    $185,000 New Construction

    • 3 Beds
    • 2.5 Baths
    • 1,628 Sq Ft

    109 Walker St, Shelbyville, IN 46176

    Brand new Traditional American-style home offering 1,628 sq ft of thoughtfully designed living space across two levels. The main level features an open living and dining area with raised ceilings, creating a bright and welcoming atmosphere. The modern kitchen is equipped with a center island, breakfast bar, pantry, and ample cabinetry, along with included appliances for added convenience. A

    Michael Grossniklaus Intend Indiana, Inc.

    109 Walker St, Shelbyville, IN 46176
  • /29

    $139,900

    • 3 Beds
    • 1 Bath
    • 1,715 Sq Ft

    225 N West St, Shelbyville, IN 46176

    Picture this: 225 N West ST - not just an address, but a launching pad for your next grand adventure, a single-family residence positively brimming with potential! Step inside and discover a generous 1715 square feet of living area, just waiting for you to unleash your inner interior designer and create a space that's uniquely *you*. With three bedrooms, there's room to spread out, dream big, and

    Connie Lindsay Runnebohm Realty, LLC

    225 N West St, Shelbyville, IN 46176
  • /21

    $155,000

    • 3 Beds
    • 1 Bath
    • 910 Sq Ft

    606 W 450 S, Shelbyville, IN 46176

    This three bedroom one bath home located in the country has lots of updates. New roof, windows, all plumbing, water heater, water, softener, flooring, and hvac! The bedrooms all have wardrobe cabinets. Large eat in kitchen with stove and refrigerator. All you need to do is move in!

    Penny Akers Hoosier, REALTORS®

    606 W 450 S, Shelbyville, IN 46176
  • /13

    $179,900

    • 4 Beds
    • 2 Baths

    34 Mildred St, Shelbyville, IN 46176

    Income producing duplex with long term tenant in 36 side. Each side has Living room, dining room, kitchen with appliances, laundry room and 2 bedrooms in the upper lever. 34 side has fresh paint and new floor covering, 36 side is in need of updating due to the very long term tenant and amount of rents reflecting that amount of rent. Minimum24 hr notice for showings.

    Sue Bowers Bowers Property Group, LLC

    34 Mildred St, Shelbyville, IN 46176
  • /13

    $199,000

    • Land
    • 1.91 Acres
    • $104,188 per Acre

    22 Rd, Shelbyville, IN 46176

    This 1.91-acre, build-ready commercial parcel delivers exceptional exposure and strategic positioning in one of Shelby County's fastest-growing corridors. Located near the highly traveled intersection of State Road 9 and I-74, the site offers outstanding visibility, easy access, and immediate proximity to established hotels, restaurants, gas stations, a golf course, and the YMCA. Surrounded by

    Annie Scott F.C. Tucker Company

    22 Rd, Shelbyville, IN 46176
  • /22

    $200,000

    • Land
    • 0.77 Acre
    • $259,740 per Acre

    1792 N Riley Hwy, Shelbyville, IN 46176

    Unparalleled Restaurant Development Opportunity in Shelbyville, Indiana! Capture the energy of one of Central Indiana's fastest-growing commercial corridors with this premier, build-ready restaurant site located immediately off the I74 exit. Boasting exceptional visibility and direct access from a major interstate, this parcel sits at the heart of a bustling retail and hospitality cluster,

    Annie Scott F.C. Tucker Company

    1792 N Riley Hwy, Shelbyville, IN 46176
  • /23

    $170,000

    • 3 Beds
    • 1 Bath
    • 912 Sq Ft

    21 Mildred St, Shelbyville, IN 46176

    Charming 3-bedroom, 1-bath ranch home offering 912 square feet of comfortable living space and tons of potential! This home has great bones and is very livable as-is, while offering the perfect opportunity for a buyer to add their own updates and personal touches with a little TLC. One of the standout features is the oversized 1-car garage with a dedicated workshop area-ideal for hobbies,

    Nathan Runnebohm Runnebohm Realty, LLC

    21 Mildred St, Shelbyville, IN 46176
  • /19

    $154,900

    • 2 Beds
    • 1 Bath
    • 750 Sq Ft

    1222 Lincoln St, Shelbyville, IN 46176

    Fully updated and move-in ready, this charming 2-bedroom, 1-bath brick ranch offers the perfect blend of comfort and convenience, featuring new butcher block countertops and a well-maintained interior that shows true pride of ownership. Ideal for a first-time buyer, downsizer, or investor seeking a solid rental, the home includes all appliances and offers low monthly utility costs. Step outside

    Matthew Jones The Modglin Group

    1222 Lincoln St, Shelbyville, IN 46176
  • /25

    $194,900

    • Land

    6808 E Union Rd, Shelbyville, IN 46176

    Escape to the quiet of the countryside with this beautiful 9-acre wooded tract in Shelby County, Indiana. Tucked away and secluded, this property offers the perfect blend of privacy, nature, and build-ready potential. A completed perc test makes this an excellent candidate for your future country home, cabin, or weekend retreat. The land is highlighted by mature timber, providing natural beauty,

    Christopher Turnbell Geswein Farm & Land Realty

    6808 E Union Rd, Shelbyville, IN 46176
  • /40

    $185,000 New Construction

    • 3 Beds
    • 2.5 Baths
    • 1,488 Sq Ft

    117 N Hamilton St, Shelbyville, IN 46176

    Brand new Arts & Crafts/Craftsman-style home offering 3 bedrooms, 2.5 baths, and 1,488 sq ft of thoughtfully designed living space. The main level features an open living and dining area with durable vinyl plank flooring, a modern kitchen with stainless steel appliances, a center island, and ample cabinet storage, plus a convenient laundry area and half bath. Upstairs, you'll find a spacious

    Michael Grossniklaus Intend Indiana, Inc.

    117 N Hamilton St, Shelbyville, IN 46176
  • /31

    $165,000

    • 3 Beds
    • 2 Baths
    • 1,192 Sq Ft

    323 E Franklin St, Shelbyville, IN 46176

    NEW Roof on main house AND garage (2025). Spacious home 3 BDR/2 Bath situated on corner lot w/ alley access to large detached 2 car garage. Recent upgrades include new flooring, KT cabinets w/ granite counter tops, and backsplash (2023). New A/C unit (2023). New water heater (2025). Master room suite includes walk-in closet! Natural lighting throughout house w/ new sliding doors added in KT

    Yuri Guzman VISION Casa Realty LLC

    323 E Franklin St, Shelbyville, IN 46176
  • /20

    $139,900

    • 2 Beds
    • 1 Bath
    • 700 Sq Ft

    110 Goodrich Ave, Shelbyville, IN 46176

    How stinking cute is this?! 2bed,1 bath charming home brings all the cozy vibes! Open layout flows perfectly from the adorable kitchen into a warm, boho inspired living space. Filled with natural light and stylish touches throughout, this home is equal parts functional and full of personality. Newer Roof (1 yr) and newer Stainless Appliances included, Only 3 other houses on the street make it

    Annette Nasby Runnebohm Realty, LLC

    110 Goodrich Ave, Shelbyville, IN 46176
  • /12

    $199,000

    • 4 Beds
    • 2 Baths
    • 2,532 Sq Ft

    455 W Franklin St, Shelbyville, IN 46176

    If you're looking for space to spread out, this 4-bedroom, 2 full bath home delivers! Generous bedroom sizes throughout, plus a bonus room off the main-level primary bedroom - perfect for a sitting area, office, or extra closet space. Enjoy a spacious living room, separate dining area, and an updated kitchen with plenty of cabinets. The basement offers additional storage. Relax on the 13x14 front

    Philmia Cole Turnkey Realty of Indiana LLC

    455 W Franklin St, Shelbyville, IN 46176
  • /27

    $200,000

    • 3 Beds
    • 2 Baths
    • 1,269 Sq Ft

    624 W Washington St, Shelbyville, IN 46176

    This beautifully updated, affordable, and move-in ready 3-bedroom, 2-bath home offers both comfort and convenience in Shelbyville. Recent improvements include new electrical and plumbing systems, updated flooring, a new furnace and water heater, a new roof, Amish-built vinyl windows, and foundation enhancements-providing peace of mind for years to come. The kitchen features a sleek stainless

    Joe Buttler Indy Crossroads Realty Group

    624 W Washington St, Shelbyville, IN 46176
  • /20

    $200,000

    • 3 Beds
    • 2 Baths
    • 1,337 Sq Ft

    20 Colescott St, Shelbyville, IN 46176

    The moment you step onto the front porch you can feel the timeless character of this beautifully updated 3-bedroom, 2-bath home nestled near downtown Shelbyville. Built in 1900 and offering nearly 1,900 square feet of living space, this residence blends classic architectural charm with modern comforts that make everyday living easy. Inside, warm wood flooring and historic details create a

    Jacob Hemrick Hemrick Property Group Inc.

    20 Colescott St, Shelbyville, IN 46176
  • /6

    $120,000

    • Land
    • 0.36 Acre
    • $333,333 per Acre

    TBD Eastern Ave, Shelbyville, IN 46176

    Two lots being sold together and subject to a common closing with 1415 E. Michigan Road (BLC 21956964). These two lots served as parking for the former Fiddlers Three restaurant. Per Shelbyville Planning & Building, both lots are zoned R-1 and can continue to be used for parking. Any change in use would require a re-zone and it seems Business Highway (BH) would be the most appropriate class, and

    Stan Comer Carpenter, REALTORS®

    TBD Eastern Ave, Shelbyville, IN 46176

Home Trends in Shelbyville, IN

Housing Trends

Median Sale Price
$256,999
Median Single Family Sale Price
$264,999
Median Townhouse Sale Price
$223,500
Median 2 Bedroom Sale Price
$235,000
Median 1 Bedroom Sale Price
$92,625
Average Price Per Sq Ft
$147
Number of Homes for Sale
114
Last 12 months Home Sales
414
Months of Supply
3.30
Median List Price
$267,994
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
9%
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