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917 Balto Drive, Shelbyville
$265,500
4 Beds ⋅ 3 Baths
Welcome to this charming 4-bedroom home in an unbeatable location! With spacious living areas, ample storage, and a functional layout, this home is perfect for everyday living and entertaining. The adorable, private backyard offers a peaceful retreat for relaxing or hosting guests. Enjoy being just minutes from top-rated schools, parks, shopping, and dining, all within a neighborhood that features walking trails and a community park. A perfect place to call home!

917 Balto Drive, Shelbyville

Listing courtesy of Michelle Collings. REMAX ONE
1792 N Riley Highway, Shelbyville
$200,000
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, surrounded by Zaxby's, Waffle House, Casey's, Shell, Taco Bell, Hampton Inn, and McDonald's. With over 20,000 vehicles passing nearby daily, the location guarantees exposure to both local residents and regional travelers. Shelbyville serves as the thriving county seat of Shelby County, with a population exceeding 20,800 and a trade area encompassing nearly 45,000 residents. Recent growth includes major industrial expansions, infrastructure upgrades, and residential development, positioning the city as a primary retail and service hub for surrounding communities, including Indianapolis, Franklin, Greenwood, Edinburgh, and New Castle. This strong regional draw creates a steady and growing customer base, perfect for a restaurant concept looking to establish a foothold in a high-demand market. This build-ready site offers restaurant operators a rare chance to leverage Shelbyville's momentum, capitalize on proven traffic patterns, and join a dynamic mix of national and regional brands. The property's combination of visibility, accessibility, and a growing trade area makes it a premier location for a restaurant poised to serve both local residents and regional visitors, capturing the full potential of Shelby County's economic and population growth.

1792 N Riley Highway, Shelbyville

Listing courtesy of Annie Scott. F.C. Tucker Company
1315 Bontrager Lane, Shelbyville
$299,900
3 Beds ⋅ 2 Baths
Assumable Mortgage! Welcome to the Hollister, 3 Bed/ 2 bath all brick ranch in Twin Lakes. This popular floor plan features an appealing split bedroom plan & open concept living area perfect for entertaining. The kitchen offers beautiful cabinetry with crown molding, quartz countertops, tile backsplash, large pantry and island. Primary bedroom offers double vanity sinks, tiled shower w bench & walk-in closet. Added bonuses include the linen storage near the hall bath & spacious utility room off the garage. New all concrete rear patio & paver front porch is perfect for enjoying time outdoors. Includes D.R. Horton Indianapolis America's Smart Home Technology package. Many upgrades including landscaping surrounding entire home, flag pole, all new ceiling fans, soft close hinges on cabinet doors, new window blinds. Seller to provide 3-year home warranty paid.

1315 Bontrager Lane, Shelbyville

Listing courtesy of Marianne Walker. F.C. Tucker Company
617 W Franklin Street, Shelbyville
$299,999
CASH COW! CALLING ALL INVESTORS! Incredible opportunity in the booming Shelbyville Community. Located in historic West Side, This 5 unit money maker is now up for sale! Why buy one investment door when you can buy 5? Several rehabs have taken place over the past few years, and several infrastructural improvements as well. Nice architectural features, sits on a corner of alley for easy parking for tenants and curb appeal. Breakdown of 5 aparrtments - - - Four 1 bedroom units and one studio. Rents are exceptional and LL pays all utilities with tenants reimbursing. Almost $50,000 of annual rent revenues. Additional 5 doors available on W Pennsylvania and can be sold as a package.

617 W Franklin Street, Shelbyville

Listing courtesy of Justin Polston. Mackenzie Allen, Polston & Ass
12 S Harrison Street, Shelbyville
$499,900
Prime investment opportunity in the heart of Downtown Shelbyville! Be a part of Shelbyville's Next Door Next Level post revitalization downtown. This offering includes two parcels with three fully leased storefronts along the revitalized brick streetscape, generating over $50,000 in annual income. The property also features 4,000+ sq ft of partially finished residential space on the second floor, offering outstanding value-add potential for lofts, short-term rentals, or office/studio conversions. High visibility, strong foot traffic, stable tenants, and flexible downtown commercial zoning make not only an easy decision to pull the trigger on if you're itching for a deal, but also a fairly rare opportunity for investors seeking income today with great and substantial upside tomorrow. ------Traffic count 25,000 per 2024 INDOT. High downtown event visibility for active and eventful downtown. Active events at this property's doorstep: Taste of Shelby County, Mistletoe Market (Holiday vendor market), Music in the Park (seasonal live music), Holiday / Christmas Parade & Downtown Festivities ,Snowman Contest & Winter Activities, Movies in the Park / Downtown Movie Nights, Shelby County Farmers Market (near downtown corridor), First Friday or Special Downtown Shopping Events (Mainstreet Shelbyville promotions), Fall & Harvest-Themed Events, Downtown Trick-or-Treating / Halloween Activities, Small Business Saturday Events, Fourth of July & Summer Festival Activities (downtown-adjacent)

12 S Harrison Street, Shelbyville

Listing courtesy of Justin Polston. Mackenzie Allen, Polston & Ass
143 W Franklin Street, Shelbyville
$380,000
4 Beds ⋅ 3 Baths
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 homesite allows you to select your preferred floor plan, building materials, and interior finishes-ensuring your residence reflects your personal style and vision. All homes within this enclave must meet the distinguished Hamilton Major Architectural Standards, which guide design and quality. These selections will influence the final cost and ensure a cohesive, high-end community aesthetic. Each home must include: * A minimum of 2,400 square feet with a max of 1200 on ground level * A private garage * Architectural elements consistent with Hamilton Major guidelines Opportunities like this-where you can create a customized home in such a desirable, walkable location-are truly rare. Don't miss your chance to craft a distinctive, tailored residence in one of Shelbyville's most sought-after areas. Build your dream home at 143 W Franklin St-where convenience, quality, and customization come together.

143 W Franklin Street, Shelbyville

Listing courtesy of Michelle Nolley. Nolley Realty Services, LLC
155 W Franklin Street, Shelbyville
$380,000
4 Beds ⋅ 3 Baths
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 homesite allows you to select your preferred floor plan, building materials, and interior finishes-ensuring your residence reflects your personal style and vision. All homes within this enclave must meet the distinguished Hamilton Major Architectural Standards, which guide design and quality. These selections will influence the final cost and ensure a cohesive, high-end community aesthetic. Each home must include: * A minimum of 2,400 square feet with a max of 1200 on ground level * A private garage * Architectural elements consistent with Hamilton Major guidelines Opportunities like this-where you can create a customized home in such a desirable, walkable location-are truly rare. Don't miss your chance to craft a distinctive, tailored residence in one of Shelbyville's most sought-after areas. Build your dream home at 155 W Franklin St-where convenience, quality, and customization come together.

155 W Franklin Street, Shelbyville

Listing courtesy of Michelle Nolley. Nolley Realty Services, LLC
167 W Franklin Street, Shelbyville
$380,000
3 Beds ⋅ 3 Baths
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 homesite allows you to select your preferred floor plan, building materials, and interior finishes-ensuring your residence reflects your personal style and vision. All homes within this enclave must meet the distinguished Hamilton Major Architectural Standards, which guide design and quality. These selections will influence the final cost and ensure a cohesive, high-end community aesthetic. Each home must include: * A minimum of 2,400 square feet with a max of 1200 on ground level * A private garage * Architectural elements consistent with Hamilton Major guidelines Opportunities like this-where you can create a customized home in such a desirable, walkable location-are truly rare. Don't miss your chance to craft a distinctive, tailored residence in one of Shelbyville's most sought-after areas. Build your dream home at 167 W Franklin St-where convenience, quality, and customization come together.

167 W Franklin Street, Shelbyville

Listing courtesy of Michelle Nolley. Nolley Realty Services, LLC
179 W Franklin Street, Shelbyville
$380,000
4 Beds ⋅ 3 Baths
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 homesite allows you to select your preferred floor plan, building materials, and interior finishes-ensuring your residence reflects your personal style and vision. All homes within this enclave must meet the distinguished Hamilton Major Architectural Standards, which guide design and quality. These selections will influence the final cost and ensure a cohesive, high-end community aesthetic. Each home must include: * A minimum of 2,400 square feet with a max of 1200 on ground level * A private garage * Architectural elements consistent with Hamilton Major guidelines Opportunities like this-where you can create a customized home in such a desirable, walkable location-are truly rare. Don't miss your chance to craft a distinctive, tailored residence in one of Shelbyville's most sought-after areas. Build your dream home at 179 W Franklin St-where convenience, quality, and customization come together.

179 W Franklin Street, Shelbyville

Listing courtesy of Michelle Nolley. Nolley Realty Services, LLC
180 W Washington Street, Shelbyville
$380,000
4 Beds ⋅ 3 Baths
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 premier homesite allows you to select your preferred floor plan, building materials, and interior finishes-ensuring your residence reflects your personal style and vision. All homes within this enclave must meet the distinguished Hamilton Major Architectural Standards, which guide design and quality. These selections will influence the final cost and ensure a cohesive, high-end community aesthetic. Each home must include: * A minimum of 2,400 square feet with a max of 1200 on ground level * A private garage * Architectural elements consistent with Hamilton Major guidelines Opportunities like this-where you can create a customized home in such a desirable, walkable location-are truly rare. Don't miss your chance to craft a distinctive, tailored residence in one of Shelbyville's most sought-after areas. Build your dream home at 180 W Washington-where convenience, quality, and customization come together.

180 W Washington Street, Shelbyville

Listing courtesy of Michelle Nolley. Nolley Realty Services, LLC
178 W Franklin Street, Shelbyville
$380,000
4 Beds ⋅ 3 Baths
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 homesite allows you to select your preferred floor plan, building materials, and interior finishes-ensuring your residence reflects your personal style and vision. All homes within this enclave must meet the distinguished Hamilton Major Architectural Standards, which guide design and quality. These selections will influence the final cost and ensure a cohesive, high-end community aesthetic. Each home must include: * A minimum of 2,400 square feet with a max of 1200 on ground level * A private garage * Architectural elements consistent with Hamilton Major guidelines Opportunities like this-where you can create a customized home in such a desirable, walkable location-are truly rare. Don't miss your chance to craft a distinctive, tailored residence in one of Shelbyville's most sought-after areas. Build your dream home at 178 W Franklin St-where convenience, quality, and customization come together.

178 W Franklin Street, Shelbyville

Listing courtesy of Michelle Nolley. Nolley Realty Services, LLC
166 W Franklin Street, Shelbyville
$380,000
4 Beds ⋅ 4 Baths
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 homesite allows you to select your preferred floor plan, building materials, and interior finishes-ensuring your residence reflects your personal style and vision. All homes within this enclave must meet the distinguished Hamilton Major Architectural Standards, which guide design and quality. These selections will influence the final cost and ensure a cohesive, high-end community aesthetic. Each home must include: * A minimum of 2,400 square feet with a max of 1200 on ground level * A private garage * Architectural elements consistent with Hamilton Major guidelines Opportunities like this-where you can create a customized home in such a desirable, walkable location-are truly rare. Don't miss your chance to craft a distinctive, tailored residence in one of Shelbyville's most sought-after areas. Build your dream home at 166 W Franklin St-where convenience, quality, and customization come together.

166 W Franklin Street, Shelbyville

Listing courtesy of Michelle Nolley. Nolley Realty Services, LLC
154 W Franklin Street, Shelbyville
$380,000
4 Beds ⋅ 4 Baths
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 homesite allows you to select your preferred floor plan, building materials, and interior finishes-ensuring your residence reflects your personal style and vision. All homes within this enclave must meet the distinguished Hamilton Major Architectural Standards, which guide design and quality. These selections will influence the final cost and ensure a cohesive, high-end community aesthetic. Each home must include: * A minimum of 2,400 square feet with a max of 1200 on ground level * A private garage * Architectural elements consistent with Hamilton Major guidelines Opportunities like this-where you can create a customized home in such a desirable, walkable location-are truly rare. Don't miss your chance to craft a distinctive, tailored residence in one of Shelbyville's most sought-after areas. Build your dream home at 154 W Franklin St-where convenience, quality, and customization come together.

154 W Franklin Street, Shelbyville

Listing courtesy of Michelle Nolley. Nolley Realty Services, LLC
142 W Franklin Street, Shelbyville
$380,000
3 Beds ⋅ 3 Baths
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 homesite allows you to select your preferred floor plan, building materials, and interior finishes-ensuring your residence reflects your personal style and vision. All homes within this enclave must meet the distinguished Hamilton Major Architectural Standards, which guide design and quality. These selections will influence the final cost and ensure a cohesive, high-end community aesthetic. Each home must include: * A minimum of 2,400 square feet with a max of 1200 on ground level * A private garage * Architectural elements consistent with Hamilton Major guidelines Opportunities like this-where you can create a semi-customized home in such a desirable, walkable location-are truly rare. Don't miss your chance to craft a distinctive, tailored residence in one of Shelbyville's most sought-after areas. Build your dream home at 142 W Franklin St-where convenience, quality, and customization come together.

142 W Franklin Street, Shelbyville

Listing courtesy of Michelle Nolley. Nolley Realty Services, LLC
134 W Franklin Street, Shelbyville
$380,000
4 Beds ⋅ 4 Baths
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 homesite allows you to select your preferred floor plan, building materials, and interior finishes-ensuring your residence reflects your personal style and vision. All homes within this enclave must meet the distinguished Hamilton Major Architectural Standards, which guide design and quality. These selections will influence the final cost and ensure a cohesive, high-end community aesthetic. Each home must include: * A minimum of 2,400 square feet with a max of 1200 on ground level * A private garage * Architectural elements consistent with Hamilton Major guidelines Opportunities like this-where you can create a customized home in such a desirable, walkable location-are truly rare. Don't miss your chance to craft a distinctive, tailored residence in one of Shelbyville's most sought-after areas. Build your dream home at 134 W Franklin St-where convenience, quality, and customization come together.

134 W Franklin Street, Shelbyville

Listing courtesy of Michelle Nolley. Nolley Realty Services, LLC
65 E Rampart Street, Shelbyville
$475,000
Near I-74 and State Road 9 at Shelbyville, this prime opportunity for Business Highway development with high traffic count is now available. This .97 acre level lot is ready for your next project with public utilities nearby. Great opportunity awaits for you to build in the BH Business Highway District in an area for establishments that serve travelers or requires immediate access for delivery of goods and services. Consider becoming a neighbor to well known eateries, lodging and convenience businesses in a great exposure location. Nearby access to I-74 for travel to and from this location and located for easy access to industry for deliveries. Utilities are nearby. The extensive list of permitted uses is available upon request. Among BH zoning includes: Auto-oriented uses, bank/financial, drive-up/drive-thru facility, hotel/motel, office, personal services, restaurant, retail, medical, multi-family, as well as some special exception uses.

65 E Rampart Street, Shelbyville

Listing courtesy of Linda D West. Carpenter, REALTORS®
34 Mildred Street, Shelbyville
$179,900
Income producing duplex with long term tenant in 36 side. 34 side has a new tenant with 1 year lease. 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, appliances with new washer & dryer. 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.

34 Mildred Street, Shelbyville

Listing courtesy of Sue Bowers. Bowers Property Group, LLC
LT4 Hasecuster Lane, Shelbyville
$29,900

LT4 Hasecuster Lane, Shelbyville

Listing courtesy of Justin Polston. Mackenzie Allen, Polston & Ass
LT3 Hasecuster Lane, Shelbyville
$29,900
See other listings with 2 contiguous lots. Can be sold as package deal.

LT3 Hasecuster Lane, Shelbyville

Listing courtesy of Justin Polston. Mackenzie Allen, Polston & Ass
LT2 Hascuster Lane, Shelbyville
$29,900
ITCE PL LT2 HASECUSTER LANE. Build to suit R1. Will need sewer and water brought to lot. This is lot 2 for sale for 29,900. Lots 2, 3, and 4 available also at $29,900 per lot - 3 contiguous lots can be purchased together, or 2, or just this by itself for discount. Driveways would need placed on the Norristown Rd (rear access) with home fronts facing the public right of way of Riley Highway. Water is very near. Sewer would come from the north on Harrison. Telecomm very near, and electric very near. All three lots together would total almost 3/4 of an acre. Is surrounded by/has nearby a mix R1, BN, BC.

LT2 Hascuster Lane, Shelbyville

Listing courtesy of Justin Polston. Mackenzie Allen, Polston & Ass
925 Virginia Street, Shelbyville
$499,900
This property, located near State Road 44 off of Miller, offers 4,500 sq. ft. of space. It features fresh paint, new windows, doors, roof, epoxy floors, and a water heater. Additionally, the half bathroom and light fixtures have been updated. This site would be perfect for a service company, such as HVAC, plumbing, or electrical services. There is enough parking inside for 6 vehicles, along with a small office area and a half bath. Dont miss this rare opportunity in Shelbyville. see it today.

925 Virginia Street, Shelbyville

Listing courtesy of Joseph Buttler. Indy Crossroads Realty Group
TBD Eastern Avenue, Shelbyville
$120,000
Two lots being sold together! 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 redeveloped under those guidelines.

TBD Eastern Avenue, Shelbyville

Listing courtesy of Stan Comer. Carpenter, REALTORS®
1837 E Michigan Road, Shelbyville
$450,000
LOCATION LOCATION LOCATION, Looking for a place to start your own Business? Look no further!! This hard to find large lot is 1.2 acres in a much desired area in Shelbyville, IN. This property is zoned Business Highway. There are multiple opportunities for the use of this property. This is the current location of the Bears Den, which has been a staple in Shelbyville since 1977. So if you are looking for a Restaurant to own or want to turn this property into your dream business, schedule your showing today.

1837 E Michigan Road, Shelbyville

Listing courtesy of Patricia Cavanaugh. Home Bound Real Estate LLC
000 Coulston Lane, Shelbyville
$300,000
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.

000 Coulston Lane, Shelbyville

Listing courtesy of Nathan Runnebohm. Runnebohm Realty, LLC
613 E State Road 44, Shelbyville
$1,000,000
5000 square foot retail available on Shelbyville's growing east side. The building has many, many possible uses. Building could be divided. Two acres for potential expansion. Seller financing available.

613 E State Road 44, Shelbyville

Listing courtesy of Timothy Yazel. Yazel Group Real Estate Sales

Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID.


Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.


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