Shelbyville, IN Homes for Sale under $400,000

/33
$399,000
- 5 Beds
- 2.5 Baths
- 3,572 Sq Ft
620 E Mckay Rd, Shelbyville, IN 46176

This 5 bedroom, 3 bath home, with a 2 car attached garage, a pole barn and fenced in back yard, is located right next to the open space of a church yard. Imagine waking each morning in your private retreat, ready to embrace the day ahead. With a generous 2708 square feet of living area, there is ample room to create distinct zones for living, working, and entertaining. The nearly 1 acre lot (.81)

Tamara Scroggins

Your Realty Link, LLC

(317) 953-5958

620 E Mckay Rd, Shelbyville, IN 46176
Explore Shelbyville
/46
$306,995 New Construction
- 4 Beds
- 2.5 Baths
- 2,961 Sq Ft
Norway Plan at Isabelle Farms, Shelbyville, IN 46176

One of our newest floor plans and has quickly become one of our most popular. The open kitchen facing the large Great Room separated by a long bar-top is perfect for everything from late night entertaining to homework sessions, just one example of the flexibility of this floor plan. The den can also become a first floor 5th bedroom. The upstairs includes a loft, laundry room and a total of 4

Arbor Homes Builder

20 Isabelle Ln Unit 36469060, Shelbyville, IN 46176
/32
$308,990 New Construction
- 3 Beds
- 2.5 Baths
- 2,293 Sq Ft
2296 Marjorie Way, Shelbyville, IN 46176

Discover this stunning 2-story home for sale at 2296 Marjorie Way in the beautiful Bear Run community! With 2,293 square feet of thoughtfully designed living space, this new construction home blends modern design, open-concept layouts, and functional features that make everyday living a breeze. Home Highlights: 3 bedrooms and 2.5 bathrooms 2-car garage Spacious loft and laundry room upstairs

M/I Homes Builder

2296 Marjorie Way, Shelbyville, IN 46176
/33
$312,995 New Construction
- 5 Beds
- 2.5 Baths
- 3,198 Sq Ft
Empress Plan at Isabelle Farms, Shelbyville, IN 46176

Picture yourself in the spacious and flexible Empress floorplan a 3,200 sq. ft. home with five bedrooms, multiple living areas, and endless options to make it your own. Designed for those who love to entertain, The Empress offers both elegance and everyday comfort.Step inside to a welcoming living room that can double as a home office or sitting area. A powder room and formal dining room make

Arbor Homes Builder

20 Isabelle Ln Unit 36453306, Shelbyville, IN 46176
/32
$345,990 New Construction
- 3 Beds
- 2.5 Baths
- 2,293 Sq Ft
2330 William Garrett Way, Shelbyville, IN 46176

Welcome to our brand new 2-story model home at 2330 William Garrett Way in Shelbyville—now open for tours! With its inviting features and spacious layout, this Spring Valley Slab home is perfect for anyone looking for a new-build home in a fantastic location southeast of Indianapolis. As you step inside, you'll be greeted by an open floorplan that incorporates style and function seamlessly. The

M/I Homes Builder

2330 William Garrett Way, Shelbyville, IN 46176
/29
$318,990 New Construction
- 3 Beds
- 2.5 Baths
- 2,293 Sq Ft
2301 William Garrett Way, Shelbyville, IN 46176

This new construction home at 2301 William Garrett Way in Shelbyville offers 2,293 square feet of thoughtfully designed living space. Built by M/I Homes, this home features 3 bedrooms with the owner's bedroom conveniently located upstairs, along with 2.5 bathrooms. Key Features: Open-concept living space Electric fireplace Veranda Loft Walk-in closets in each bedroom Owner's en-suite bathroom The

M/I Homes Builder

2301 William Garrett Way, Shelbyville, IN 46176
/30
$306,990 New Construction
- 3 Beds
- 2.5 Baths
- 2,019 Sq Ft
1802 James Pierce Dr, Shelbyville, IN 46176

Discover this exceptional new construction home at 1802 James Pierce Drive in Shelbyville, built by M/I Homes. This thoughtfully designed 3-bedroom, 2.5-bathroom home offers 2,019 square feet of comfortable living space. Key Features: Open-concept living space Dining nook extension Electric fireplace Walk-in closets in each bedroom Owner's en-suite bathroom The home's floorplan maximizes both

M/I Homes Builder

1802 James Pierce Dr, Shelbyville, IN 46176
/57
$305,995 New Construction
- 4 Beds
- 2.5 Baths
- 2,813 Sq Ft
Cooper Plan at Isabelle Farms, Shelbyville, IN 46176

The Cooper offers thoughtful design and flexible options to fit every lifestyle. From its spacious foyer and turned staircase to the open-concept first floor, this floorplan is both functional and inviting.Choose from multiple elevations including an optional front porch and enjoy a two-car garage with extra storage or convert that space into a first-floor bedroom and full bath.The open layout

Arbor Homes Builder

20 Isabelle Ln Unit 36454969, Shelbyville, IN 46176
/10
$300,000
- Land
- 9.81 Acres
- $30,581 per Acre
000 Coulston Ln, Shelbyville, IN 46176

9.81 acres in center of town. Land has public utilities at edge of land. Some of the land has woods on the edge. Land has two accesses from Paul St and Kermit St. Land is currently zoned residential and could make good building lots or lots of more options. Survey is one file.

Nathan Runnebohm Runnebohm Realty, LLC

000 Coulston Ln, Shelbyville, IN 46176
/38
$365,000
- 4 Beds
- 2.5 Baths
- 2,717 Sq Ft
2560 N Richard Dr, Shelbyville, IN 46176

Welcome to this spacious 4 bedroom, 2.5 bath two-story home with the perfect blend of comfort and convenience. Nestled in a quiet rural subdivision near a golf course, interstate access, and future development, this home offers the best of both peaceful living and accessibility. Step inside to find a very large living room with a cozy gas fireplace, ideal for family gatherings or relaxing

Nathan Runnebohm Runnebohm Realty, LLC

2560 N Richard Dr, Shelbyville, IN 46176
/8
$380,000
- 4 Beds
- 3.5 Baths
- 2,400 Sq Ft
134 W Franklin St, Shelbyville, IN 46176

Prime Downtown Living Opportunity - 134 W Franklin St, Shelbyville Discover an exceptional opportunity to build the home of your dreams with Rubicon in the heart of downtown Shelbyville. Perfectly situated to enjoy all the vibrant amenities, dining, shopping, and community events the area has to offer, 134 W Franklin St provides an unparalleled blend of convenience and customization. This premier

Michelle Nolley Nolley Realty Services, LLC

134 W Franklin St, Shelbyville, IN 46176
/52
$385,000
- 4 Beds
- 3 Baths
- 3,675 Sq Ft
3183 W 500 S, Shelbyville, IN 46176

Just in time for the holidays! Welcome home to peaceful country living located in Southwestern School District, this 4-bedroom, 3 full bath home sits on just over 2 acres perfect for anyone dreaming of peaceful homestead lifestyle. 2 separate living spaces PLUS additional living space/rooms in the basement screams rustic charm. Outside, everything needed for relaxation and functionality. Multiple

Annette Nasby Runnebohm Realty, LLC

3183 W 500 S, Shelbyville, IN 46176
/9
$380,000
- 4 Beds
- 2.5 Baths
- 2,400 Sq Ft
180 W Washington St, Shelbyville, IN 46176

Prime Downtown Living Opportunity - 180 W Washington St, Shelbyville Discover an exceptional opportunity to build the home of your dreams with Rubicon in the heart of downtown Shelbyville. Perfectly situated to enjoy all the vibrant amenities, dining, shopping, and community events the area has to offer, 180 W Washington St provides an unparalleled blend of convenience and customization. This

Michelle Nolley Nolley Realty Services, LLC

180 W Washington St, Shelbyville, IN 46176
/9
$380,000
- 4 Beds
- 3.5 Baths
- 2,400 Sq Ft
154 W Franklin St, Shelbyville, IN 46176

Prime Downtown Living Opportunity - 154 W Franklin St, Shelbyville Discover an exceptional opportunity to build the home of your dreams with Rubicon in the heart of downtown Shelbyville. Perfectly situated to enjoy all the vibrant amenities, dining, shopping, and community events the area has to offer, 154 W Franklin St provides an unparalleled blend of convenience and customization. This premier

Michelle Nolley Nolley Realty Services, LLC

154 W Franklin St, Shelbyville, IN 46176
/34
$320,000
- 4 Beds
- 2.5 Baths
- 2,263 Sq Ft
1423 Buttercup Ln, Shelbyville, IN 46176

Welcome to this nearly new, 2-year-old 2-story home that offers the perfect blend of modern convenience and comfortable living. With 4 generously sized bedrooms, 2.5 bathrooms, it's an ideal space for both family living and entertaining. Step inside to discover a bright and airy floor plan with stylish finishes throughout. The spacious living room flows seamlessly into the dining area and

Barbara Whiteside Keller Williams Indy Metro NE

1423 Buttercup Ln, Shelbyville, IN 46176
/3
$324,900
- 1 Bed
- 1 Bath
617 W Franklin St, Shelbyville, IN 46176

Located in the heart of Shelbyville, this historic Colonial-style building offers a promising investment opportunity. Converted into a 5-unit multi-family property, it comprises four 1-bedroom units and one studio apartment. The property generates over $50,000 in annual rental income!

Joey Gaard Pocket Property, LLC

617 W Franklin St, Shelbyville, IN 46176
/60
$344,900
- 3 Beds
- 2 Baths
- 2,628 Sq Ft
3107 N 100 W, Shelbyville, IN 46176

Thinking of homesteading? Then look no further for lots of space found in this solid, custom built 1-owner home featuring 3 bedrooms, 2 full baths, a full finished basement and 4 car detached garage on 2 acres. Now available for your next move, you'll find a comfortable home featuring hardwood floors with some carpet, tiled bathrooms, a spacious kitchen with large dining room and a family

Linda West Carpenter, REALTORS®

3107 N 100 W, Shelbyville, IN 46176
/9
$380,000
- 3 Beds
- 2.5 Baths
- 2,400 Sq Ft
167 W Franklin St, Shelbyville, IN 46176

Prime Downtown Living Opportunity - 167 W Franklin St, Shelbyville Discover an exceptional opportunity to build the home of your dreams with Rubicon in the heart of downtown Shelbyville. Perfectly situated to enjoy all the vibrant amenities, dining, shopping, and community events the area has to offer, 167 W Franklin St provides an unparalleled blend of convenience and customization. This premier

Michelle Nolley Nolley Realty Services, LLC

167 W Franklin St, Shelbyville, IN 46176
/9
$380,000
- 4 Beds
- 2.5 Baths
- 2,400 Sq Ft
143 W Franklin St, Shelbyville, IN 46176

Prime Downtown Living Opportunity - 143 W Franklin St, Shelbyville Discover an exceptional opportunity to build the home of your dreams with Rubicon in the heart of downtown Shelbyville. Perfectly situated to enjoy all the vibrant amenities, dining, shopping, and community events the area has to offer, 143 W Franklin St provides an unparalleled blend of convenience and customization. This premier

Michelle Nolley Nolley Realty Services, LLC

143 W Franklin St, Shelbyville, IN 46176
/24
$339,900 New Construction
- 2 Beds
- 2 Baths
- 1,571 Sq Ft
2331 Saddle Dr, Shelbyville, IN 46176

Luxury, comfort, and easy lifestyle living await you with this brand new condo. Cake ceilings with can lights, remote control ceiling fans, stainless steel appliances, large walk-in pantry, granite tops, spacious garage, and if you need more living space--there is an unfinished upstairs bedroom and full bath possibility. Community has a pool, clubhouse, pickleball courts, basketball courts,

Connie Lindsay Runnebohm Realty, LLC

2331 Saddle Dr, Shelbyville, IN 46176
/69
$375,000
- 2 Beds
- 3 Baths
- 2,376 Sq Ft
2326 Saddle Dr, Shelbyville, IN 46176

Discover maintenance-free living in the desirable Villas at Derby Run within Trotters Chase! This spacious, like-new condo offers over 2,300 sq. ft. of comfortable living space, featuring 2 bedrooms, 3 bathrooms, and a versatile loft-perfect for a private guest suite. The thoughtfully designed open-concept layout includes a modern kitchen with stainless steel appliances, a natural light-bathed

Kimberly Lyon Hoosier, REALTORS®

2326 Saddle Dr, Shelbyville, IN 46176
/79
$339,900
- 4 Beds
- 3.5 Baths
- 2,358 Sq Ft
2991 N Fleming Cir, Shelbyville, IN 46176

WOW Beautifully remodeled move-in ready home in great Shelbyville neighborhood! Home features 4 bedrooms, 3.5 bathrooms, and a huge 2+ garage attached garage. You'll love this layout with all the bedrooms on the upper level with 3 full bathrooms as well which includes 2 of the bedrooms having on suite bath. Also very convenient upper level laundry so don't have to haul up and down the stairs. The

Stewart Duhamell RE/MAX Advanced Realty

2991 N Fleming Cir, Shelbyville, IN 46176
/48
$322,000
- 5 Beds
- 3 Baths
- 2,600 Sq Ft
2360 Larkspur Ln, Shelbyville, IN 46176

Don't miss this almost new 2,600 sq. ft. home situated on a large corner lot with a fully fenced backyard - perfect for entertaining or relaxing outdoors. Step inside to an inviting layout featuring 5 bedrooms, a breakfast area, and a flexible formal dining/office space. The main floor includes a bedroom/playroom, and a full bath, while upstairs you'll find the primary suite with a walk-in closet

Michelle Nolley Nolley Realty Services, LLC

2360 Larkspur Ln, Shelbyville, IN 46176
/35
$304,900 New Construction
- 4 Beds
- 2.5 Baths
- 2,346 Sq Ft
1264 Aster Dr, Shelbyville, IN 46176

Find all the space you need in the two-story Stamford floor plan in Summerfield. Inside this 4 bedroom, 2.5 bathroom home, you’ll find 2,346 square feet of comfortable living. The living area is an open concept, where your kitchen blends seamlessly into a living area perfect for everyday living and entertaining. On the first floor, the kitchen is in the rear of the home and features a center

D.R. Horton Builder

1264 Aster Dr, Shelbyville, IN 46176
/9
$380,000
- 4 Beds
- 2.5 Baths
- 2,400 Sq Ft
178 W Franklin St, Shelbyville, IN 46176

Prime Downtown Living Opportunity - 178 W Franklin St, Shelbyville Discover an exceptional opportunity to build the home of your dreams with Rubicon in the heart of downtown Shelbyville. Perfectly situated to enjoy all the vibrant amenities, dining, shopping, and community events the area has to offer, 178 W Franklin St provides an unparalleled blend of convenience and customization. This premier

Michelle Nolley Nolley Realty Services, LLC

178 W Franklin St, Shelbyville, IN 46176
/28
$350,000
- 3 Beds
- 2 Baths
- 2,215 Sq Ft
1436 Bark Ln, Shelbyville, IN 46176

This thoughtfully designed all-brick custom home showcases timeless craftsmanship paired with modern comfort, offering 3 spacious bedrooms and 2 full bathrooms. The open concept floor plan creates a seamless flow throughout, highlighted by a gourmet kitchen with generous storage that opens directly to the great room with soaring cathedral ceilings and a warm gas fireplace-perfect for gatherings

Rebecca Allen F.C. Tucker/Sirkus-Allen

1436 Bark Ln, Shelbyville, IN 46176
/38
$304,900
- 4 Beds
- 2 Baths
- 1,653 Sq Ft
1106 Summer Way Ct, Shelbyville, IN 46176

Step inside this completely renovated brick ranch in Clearview Subdivision and discover the perfect blend of comfort and style. With no HOA, you'll enjoy the freedom of living in a neighborhood that's close to schools, shopping, and easy access to 44 and 74. The open-concept design showcases a brand-new kitchen with granite counters, sleek cabinetry, stainless appliances, and a central

Amy Limpus The Property Shop of Indiana

1106 Summer Way Ct, Shelbyville, IN 46176
/26
$305,400 New Construction
- 4 Beds
- 2.5 Baths
- 2,346 Sq Ft
Stamford Plan at Summerfield, Shelbyville, IN 46176

Find all the space you need in the two-story Stamford floor plan in Summerfield, our new home community in Shelbyville, Indiana. Inside this 4 bedroom, 2.5 bathroom home, you’ll find 2,346 square feet of comfortable living. The living area is an open concept, where your kitchen blends seamlessly into a living area perfect for everyday living and entertaining. On the first floor, the kitchen is in

D.R. Horton Builder

1467 Bluebonnet Place Unit 36206583, Shelbyville, IN 46176
/65
$349,900
- 4 Beds
- 2.5 Baths
- 1,918 Sq Ft
1045 Swinford St, Shelbyville, IN 46176

Discover an inviting home awaiting you at 1045 Swinford ST, SHELBYVILLE, IN. This single-family residence in Shelby County is ready to move in. The heart of this home is undoubtedly the kitchen, where culinary dreams come to life amidst shaker cabinets crowned with elegant molding, stone countertops providing ample space for preparation, and a backsplash adding a touch of sophistication. The

Michael Haehl FULL CANOPY REAL ESTATE, LLC

1045 Swinford St, Shelbyville, IN 46176
/73
$335,000
- 3 Beds
- 2.5 Baths
- 2,838 Sq Ft
629 S Miller St, Shelbyville, IN 46176

Welcome Home to this gorgeous American Foursquare in the heart of Shelbyville. This home is stunning, offering a great amount of preserved charm combined with modern updates. Upon entering the living room you will be greeted by the detail of the stained woodwork, wood burning fireplace surrounded by built-in bench seats, and updated flooring throughout the main level. Your updated kitchen offers

Todd Cook Keller Williams Indy Metro S

629 S Miller St, Shelbyville, IN 46176
/7
$380,000
- 3 Beds
- 2.5 Baths
- 2,400 Sq Ft
142 W Franklin St, Shelbyville, IN 46176

Prime Downtown Living Opportunity - 142 W Franklin St, Shelbyville Discover an exceptional opportunity to build the home of your dreams with Rubicon in the heart of downtown Shelbyville. Perfectly situated to enjoy all the vibrant amenities, dining, shopping, and community events the area has to offer, 142 W Franklin St provides an unparalleled blend of convenience and customization. This premier

Michelle Nolley Nolley Realty Services, LLC

142 W Franklin St, Shelbyville, IN 46176
/9
$380,000
- 4 Beds
- 2.5 Baths
- 2,400 Sq Ft
179 W Franklin St, Shelbyville, IN 46176

Prime Downtown Living Opportunity - 179 W Franklin St, Shelbyville Discover an exceptional opportunity to build the home of your dreams with Rubicon in the heart of downtown Shelbyville. Perfectly situated to enjoy all the vibrant amenities, dining, shopping, and community events the area has to offer, 179 W Franklin St provides an unparalleled blend of convenience and customization. This premier

Michelle Nolley Nolley Realty Services, LLC

179 W Franklin St, Shelbyville, IN 46176
/7
$380,000
- 4 Beds
- 3.5 Baths
- 2,400 Sq Ft
166 W Franklin St, Shelbyville, IN 46176

Prime Downtown Living Opportunity - 166 W Franklin St, Shelbyville Discover an exceptional opportunity to build the home of your dreams with Rubicon in the heart of downtown Shelbyville. Perfectly situated to enjoy all the vibrant amenities, dining, shopping, and community events the area has to offer, 166 W Franklin St provides an unparalleled blend of convenience and customization. This premier

Michelle Nolley Nolley Realty Services, LLC

166 W Franklin St, Shelbyville, IN 46176
/9
$380,000
- 4 Beds
- 2.5 Baths
- 2,400 Sq Ft
155 W Franklin St, Shelbyville, IN 46176

Prime Downtown Living Opportunity - 155 W Franklin St, Shelbyville Discover an exceptional opportunity to build the home of your dreams with Rubicon in the heart of downtown Shelbyville. Perfectly situated to enjoy all the vibrant amenities, dining, shopping, and community events the area has to offer, 155 W Franklin St provides an unparalleled blend of convenience and customization. This premier

Michelle Nolley Nolley Realty Services, LLC

155 W Franklin St, Shelbyville, IN 46176
/37
$312,400 New Construction
- 5 Beds
- 3 Baths
- 2,600 Sq Ft
Henley Plan at Summerfield, Shelbyville, IN 46176

D.R. Horton, America’s Builder, presents the Henley plan. This two-story home provides 5 large bedrooms and 3 full baths. The main level living area offers solid surface flooring throughout for easy maintenance. The staircase enters from the family room for convenience and privacy. The kitchen offers beautiful cabinetry, a large pantry and a built-in island with ample seating space. Also on the

D.R. Horton Builder

1467 Bluebonnet Place Unit 36206579, Shelbyville, IN 46176

Indiana Shelby County Shelbyville

Home Trends in Shelbyville, IN

On average, homes in Shelbyville, IN sell after 44 days on the market compared to the national average of 53 days. The median sale price for homes in Shelbyville, IN over the last 12 months is $250,000, up 11% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$250,000

Median Single Family Sale Price

$260,000

Median Townhouse Sale Price

$223,500

Median 2 Bedroom Sale Price

$251,950

Median 1 Bedroom Sale Price

$78,700

Average Price Per Sq Ft

$147

Number of Homes for Sale

140

Last 12 months Home Sales

366

Months of Supply

4.60

Median List Price

$264,990

Median Change From 1st List Price

Median Home Sale Price YoY Change

11%

How to Buy a Home How to Finance a Home How to Sell a Home

Explore the array of homes and houses for sale under $400,000 in Shelbyville, where you'll find 35 options tailored for those seeking affordable real estate opportunities. Whether you're interested in spacious family homes, modern townhouses, or cozy bungalows, Shelbyville offers a diverse range of choices to match your needs and financial considerations. Take advantage of these affordably-priced properties to make your move into the real estate market in Shelbyville, IN.

Shelbyville Types of Homes for Sale

Shelbyville Homes by Price

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