$1,795,650

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0 Bedroom, 0 Bath, Built 1984, 0 SqFt, 1 Level, 5-10 Acres.

MLS: 21873420
Residential Income
Status: For Sale
County: Shelby
Date Listed: 07/25/2022

Description
(8) Buildings totaling (16) units. (14) two bedroom (1) one bedroom (1) three bedroom. Property visible from Interstate 74. Steps from MHP Major Hospital and Interstate 74. Minutes from Horseshoe Racing Casino and Shelbyville Municipal Airport. 16 minutes or 16 miles to Indianapolis straight shot on interstate 74. Minutes from RYOBi Die Casting, PK USA, Pilington North America, and other major employers. Multiple parcels see agent remarks. Drive by Only. Rents averaging $788 compared to market rate of $920 for a 2 bedroom in Shelbyville. Upside Potential for new owner. If 112 East Locust Street can pull $920 average on a 2 bedroom. Possibility at this location is a no brainer.

MLS/BLC Information
MLS/BLC #21873420 is a 0-bedroom, 0-bath property located at 2551 N Michigan Road, Shelbyville, IN 46176, in Shelby County. This Residential Income was built in 1984 and offers 0 square feet of total space. The current listing status of 2551 N Michigan Road Shelbyville IN is "For Sale" See More Shelbyville homes for sale.
Maps
Details
Directions

From intersection of state road 9 and interstate 74 head north on state road 9 to west bassett road head west to north michigan road and go north, property on left.

Details
Bedrooms & Bathrooms
Bedrooms
0
Full Baths
0
Half-Baths
0
Total Bath Areas
0
Square Footage
Garage
0
Main
0
Main/Upper
0
Basement
0
Total
0
Source
Assessor
Architecture
Architectural Style
Array
Stories
1 Level
Year Built
1984
New Construction
No
Garage
Garage Spaces
0
Exterior Amenities
Lot Size
228690
Lot Info
Other
Acres
5-10 Acres
Interior Amenities
Fireplace(s)
0
Utilities
Property Location
Address
2551 N Michigan Road
State
IN
Zip
County
Township
School District
Real Estate Taxes & Homeowners Association Fees
Semi-Annual
$2,841
Tax Exemption(s)
None
Tax Year Due
2022
Mandatory Fee
$0
Listing Info for 2551 N Michigan Road, Shelbyville, IN 46176
Date Listed
07/25/2022
Original List Price
$1,795,650
Sold Price
$0
MLS#
21873420
Property Type
Commercial Units - 5+


2551 N Michigan Road, Shelbyville, IN 46176 Property displayed on MSWOODS.COM and listed by BAFO. The BLC® listing information is provided by the Metropolitan Indianapolis Board of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2022 Metropolitan Indianapolis Board of REALTORS® All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided on 2551 N Michigan Road, Shelbyville, IN 46176 (and all other homes for sale in Shelbyville) is deemed reliable but is not guaranteed accurate, and should be independently verified.

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