Shelbyville Homes under $400,000

Shelbyville Homes under $400,000

Welcome to Shelbyville, Indiana – a charming city nestled in the heart of Shelby County, where small-town warmth meets modern conveniences. Known for its rich history and vibrant community, Shelbyville offers a delightful blend of picturesque landscapes and a friendly atmosphere. With a population that prides itself on its welcoming spirit, this city is an ideal place for families, young professionals, and retirees alike.

One of the most appealing aspects of Shelbyville is its affordability, especially when it comes to housing. If you're searching for your dream home without breaking the bank, you're in luck! The real estate market in Shelbyville boasts a variety of homes priced under $400,000, giving you plenty of options to find the perfect fit for your lifestyle. From charming single-family homes with spacious yards to contemporary townhouses, there’s something for everyone.

Living in Shelbyville means you'll have access to an array of amenities, including parks, schools, and shopping centers, all while enjoying the tranquility of suburban life. The city is also conveniently located just a short drive from Indianapolis, making it easy to enjoy the hustle and bustle of the big city while returning to the peaceful comforts of home.

Whether you're looking to invest in your first property or seeking a cozy retreat, Shelbyville's real estate market offers fantastic opportunities at an affordable price. Come explore the possibilities and discover why so many people are proud to call Shelbyville home!

Newest Shelbyville Homes under $400,000

208 Fountain Lake Drive S, Shelbyville
$244,900
3 Beds ⋅ 2 Baths
Cozy up for fall in this beautiful, move-in ready, 3 bedroom, 2 bath, ranch home! Just listed in a quiet small-town addition, this well-maintained home offers 1,248 sq ft of comfortable living space on a large .21-acre lot. The heart of the home features a bright, open-concept great room with cathedral ceilings and a wood-burning fireplace-the perfect spot for curling up on a crisp fall evening to enjoy the warmth and comfort of home! Designed for privacy, the desirable split floor plan features a large primary suite with a full bath en-suite and walk-in closet. A convenient laundry room and attached 2-car garage add everyday functionality and ease. Step outside onto the new deck, perfect for enjoying summer gatherings or morning coffee. Don't let this easy to maintain home slip away! Schedule your showing today!

208 Fountain Lake Drive S, Shelbyville

Listing courtesy of Carpenter, REALTORS®.

5431 W Marietta Poplar Street, Shelbyville
$80,000
2 Beds ⋅ 1 Baths
Discover the potential at 5431 W Marietta Poplar ST, SHELBYVILLE, IN. This single-family residence, built in 1950, offers 1317 square feet of living space and presents a great investment opportunity for handy homeowners and investors alike. This one-story ranch-style property, encompassing 2 bedrooms and 1 full bathroom, offers a functional layout on a 3630 square foot lot. Unlock the possibilities and envision the future of this promising property.

5431 W Marietta Poplar Street, Shelbyville

Listing courtesy of Hemrick Property Group Inc..

1036 Hendricks Avenue, Shelbyville
$119,500
2 Beds ⋅ 1 Baths
Two bedroom plus a flex space at the edge of Shelbyville available! This home has undergone some updates a few years ago and is waiting for the next owner to come in and make their own style! This home offers appliances with a lot of countertop space. Nice tile surround on bathtub, and laminate flooring throughout the home. The good size yard can be reached through the back door off the flex space where the laundry area is located. This home is part of a possible short sale.

1036 Hendricks Avenue, Shelbyville

Listing courtesy of Hoosier, REALTORS®.

101 W Gosch Road, Shelbyville
$235,000
2 Beds ⋅ 2 Baths
If you've been waiting for a country farmhouse on a couple of acres, look no further. This home has 2-3 bedroom spaces, 1.5 bathrooms, a formal dining room and all the appliances. Home just received a brand new septic! Other updates made to this home include the HVAC, appliances, roof, plumbing, lights and switches, laminate flooring and foundation repair. Surrounded by farm land, peace and quiet! Southwestern schools.

101 W Gosch Road, Shelbyville

Listing courtesy of Hoosier, REALTORS®.

906 Olmsted, Shelbyville
$235,000
3 Beds ⋅ 3 Baths
Welcome to 906 Olmsted in Shelbyville! This well-maintained 3-bedroom, 2.5 bathroom home offers a comfortable layout with an open-concept main living area, tall ceilings, and plenty of natural flow between the living, kitchen, and dining spaces. The primary bedroom is conveniently located on the main level. The eat-in kitchen provides a functional space for everyday meals and entertaining, while the spacious living area creates a welcoming gathering space. Outside, enjoy a fenced backyard with a deck featuring a fresh stain, perfect for relaxing or enjoying the outdoors. Thoughtful landscaping and great curb appeal add to the home's attractive exterior. With its combination of functional living spaces, convenient main-level primary suite, and inviting outdoor areas, 906 Olmsted is ready to welcome its next owner.

906 Olmsted, Shelbyville

Listing courtesy of FULL CANOPY REAL ESTATE, LLC.

119 Fairfield Drive, Shelbyville
$265,000
3 Beds ⋅ 2 Baths
Welcome home to this French country stucco style home in the heart of Shelbyville! This home offers a lovely living room with a gas log fireplace, 3 bedrooms and 1.5 baths. All the appliances are included with this home, even the washer and dryer. Storage isn't an issue with cabinets in the laundry room that cover 2 walls! Additional storage can be found in the unfinished basement. The kitchen has a breakfast bar and dining space in the sunny corner of the room. Upstairs is additional living space in the large loft, plus a 3rd bedroom and 1/2 bath. The back yard is mostly fenced, and there's an extra deep detached garage with a long drive for additional parking. There are a lot of walkable areas in this neighborhood, and its located close to convenience stores, a restaurant, or a brisk walk to downtown.

119 Fairfield Drive, Shelbyville

Listing courtesy of Hoosier, REALTORS®.

336 W Broadway Street, Shelbyville
$295,000
4 Beds ⋅ 2 Baths
Historic "Free Classic Queen Anne" charmer on one of Shelbyville's grandest streets! Built in 1910, this 4 bedroom, 2 bath home welcomes you with a stunning front veranda, classic columns on both levels, perfect for morning coffee or evening relaxing. Enjoy outdoor living with a freshly painted deck and fence, and unwind in the heated hot tub with convenient step down access; a rare backyard retreat. Fresh landscaping is being added out front to boost curb appeal even further. Just blocks from Shelbyville's revitalized downtown district. Walk to local shops, dining, theater and the library. Inside you'll find soaring ceilings, a stained glass bay window, period character, and Victorian style craftsmanship that's hard to find today. Sold as-is, with a home warranty included for buyer peace of mind.

336 W Broadway Street, Shelbyville

Listing courtesy of Keller Williams Indy Metro Partners.

1215 N 450 W, Shelbyville
$375,000
3 Beds ⋅ 2 Baths
Practically brand new! Completely renovated within the last two years, including: roof, windows, HVAC, water heater, appliances, kitchen, bathrooms, flooring, paint, finishes, and more. Inside, abundant natural light and deep windowsills add character throughout the home and provide a great spot for plants and decor. The open-concept kitchen, dining and living areas create a bright, connected space perfect for everyday living and entertaining. Kitchen features butcher block countertops, stainless steel appliances, large farmhouse sink, and pantry cabinet for additional storage space. Primary suite includes a private bathroom with a walk-in shower and a generously sized walk-in closet. Situated on approximately 3 acres with woods lining three sides, this property offers plenty of privacy and room to enjoy the outdoors and watch the wildlife roam through. A small creek winds through the right-hand side of the property. Raised beds in the backyard ready for the avid gardener! Large barn, additional mini barn, and a two-space carport on a concrete slab, providing abundant storage for equipment, hobbies, and more. Enjoy the peace and privacy of country living while remaining just a short drive from Fairland and Downtown Shelbyville.

1215 N 450 W, Shelbyville

Listing courtesy of Indiana Property Group, LLC.

535 Dunn Avenue, Shelbyville
$175,000
4 Beds ⋅ 3 Baths
Character, flexibility, and income potential - this 1939 home delivers all three. Set on nearly half an acre just minutes from downtown Shelbyville, the main residence greets you with a charming wrap-around front porch and a welcoming foyer that sets the tone for the generous space within. The main level offers a formal dining room, eat-in kitchen, two large rooms, and a full bath. Beyond the kitchen, a separate room with its own full bath and private side entrance creates an opportunity for a kitchenette conversion - pair it with the two large upstairs rooms and you have a self-contained upper-suite ideal for extended family or a rental tenant. Continue through the kitchen to a large utility/laundry room with cellar access and a mud room that bridges the original house to the uniqueness of this property: a finished studio apartment boasting a generous living area, full kitchen, private full bath, and its own exterior entrance. Whether you envision a rental unit, home business, creative studio, or guest quarters, this space delivers - and if garage use is ever preferred again, reinstalling doors is entirely feasible. A gravel parking pad accommodates multiple vehicles, and a rear shed handles all your storage and lawn care needs. With 4,198 square feet of workable space, 3 full baths, and multiple living configurations under one roof, this property is a rare find for investors, owner-occupants seeking rental income, or buyers who simply need room to grow. Come see the possibilities!

535 Dunn Avenue, Shelbyville

Listing courtesy of Highgarden Real Estate.

1003 Belvedere Drive, Shelbyville
$220,000
3 Beds ⋅ 2 Baths
Welcome home! This inviting 3-bedroom, 2-bath home offers a comfortable and functional layout with plenty of space for everyday living. The open living area flows into the kitchen and dining space, making it great for entertaining. The home features spacious bedrooms, ample natural light, and a welcoming atmosphere throughout. Conveniently located close to shopping, dining, schools, parks, and everyday amenities, with easy access to major roads for commuting. A wonderful opportunity to make this home your own!

1003 Belvedere Drive, Shelbyville

Listing courtesy of Home Possible Realty LLC.

831 Highpointe, Shelbyville
$275,000
4 Beds ⋅ 3 Baths
Check out this HUGE, 1-owner home (built in 2005 & carefully maintained through the years)!!! She offers the space, floorplan & back-yard vibe to check off a whole lot of boxes, with the advantage of a LOVELY pond view, fenced back yard & CUTE walking trail right out the door! Inside, you'll find a comfortable floor plan with room for everyone, including four bedrooms (& potential for a 5th in a loft conversation), 2.1 baths, a giant laundry room upstairs & a spacious loft area that could serve as a home office, homework station, play space, or anything else your household needs. The primary suite features a walk-in closet, sized for a royal wardrobe, while the additional bedrooms provide plenty of space & flexibility for family, guests, hobbies, etc. But let's talk about the backyard, because this is where she really starts to shine. The yard is fully fenced with a patio and a sampling of mature trees, strategically planted & groomed to provide shade, allowing the perfect starting point to create the outdoor retreat of dreams. Add some string lights, a few cozy seating areas & a fire pit for a fantastic spot to enjoy an evening as fall settles in. And beside all of this runs a winding trail, which will make those daily walks with Fido super convenient! This is a beautiful, spacious, comfortable property with a practical floor plan, plenty of room for everyone in your household & a backyard setting that has grown to be something you simply can't create overnight. New roof 2022, newer patio door, top-of-the-line Bryant HVAC system w/ a meticulously maintenance history, water softner, all appliances + a 12-mo home warranty on all mechanicals. This is an easy one to buy & love!

831 Highpointe, Shelbyville

Listing courtesy of Carpenter, REALTORS®.

706 7th Street, Shelbyville
$199,900
3 Beds ⋅ 1 Baths
Updated 3 bedroom in the heart of Shelbyville! Fresh paint, new carpet and updated fixtures throughout make this property truly move-in ready! Great location near schools. Good yard with storage barn. Spacious living room with open floorplan provides a great space to relax. Come see today!

706 7th Street, Shelbyville

Listing courtesy of Realty Wealth Advisors.

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