×

  • Left arrow.Go Back

  • Share

  • Add Note

  • Email to Friend

  • Ask a Question

  • Print

  • Heart Icon.Save

$279,900 ↓$45,000on 5/6/2024

1802 Shelby Street Indianapolis, IN  46203

  • 3,820 sq. Ft

Video Chat

Schedule a Video Chat Tour

Property Description for 1802 Shelby Street Indianapolis, IN 46203

2 unit commercial property in high visibility area just outside of popular Fountain Square! Both units are occupied and cash flowing. This property includes the commercial building at 1802-04 and the parking lot at 1760 Shelby (BLC# 21971283). The parking lot includes 12 spots. This property was completely renovated in 2018 with new rubber roof, new awning, new flooring, electrical, plumbing, and paint. Tenant on 1802 side pays $1300 - 1804 tenant pays $995 - leased through May 31, 2026. Tenant pay electric/gas. Landlord pays sewer/water.
QuickBuy option for home selling

Address:1802 Shelby Street Indianapolis IN 46203
Status:Active
on site: 44 days
Price:$279,900
Bathrooms:0
Sq. Feet:3,820
Year Built:1920
County: Marion
Township: Center
MLS #:21971286
Property Type:Office

Road Frontage:City Street
Road Surface:Asphalt
Zoning:Comm
Building Utilities:Separate Gas Meter, Sewer, Water
Directions:From 65 & Raymond go North on Shelby St, property on left.
Total Sq. Ft. :3,820

Loan Price
$1,653
Price And Interest $1,460/month
Property Tax $76/month
MTG INS $0/month
HOME INS $117/month
Price
$279,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$76/month
Home Owner Insurance
$1,404 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
05/06/24 $324,900 $279,900 -13.85%
04/26/24 $339,900 $324,900 -4.41%
04/19/24 $349,900 $339,900 -2.86%

Semi-Annual Property Tax:$453
Tax Year:2023
Other Disclosures:Broker Owned
Mandatory HOA Fee:$

Area: 4913 - Marion - Center Se
City:Indianapolis
Zip Code:46203

Total Sq. Ft.:3,820
Cool:Separate Meters
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Schedule a Video Chat Tour

Schools in 1802 Shelby Street Indianapolis, IN  46203


Get more information

Listing provided courtesy of Laura Guy with Sheepsheds, LLC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 03/28/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or 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.



Indianapolis Market Report

78
Avg. DOM
$165.44
Avg. $ / Sq.Ft.
$ 289,000
Med. List Price

The house prices in Indianapolis are not dropping at the moment. There has been a increase in price of $558.50. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Indianapolis are going Up. The average house price is $290,000.00 and the average price per square feet is $165.93 per square feet. At the moment, the amount of homes listed is exactly 11610 houses, with 1489 with active status, 1503 with pending status and 8618 sold in Indianapolis .

The most popular place to buy a home in Indianapolis is 4903 - Marion - Washington. 4903 - Marion - Washington is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Indianapolis .

The average amount of property taxes you would have to pay for a home in Indianapolis is $3,048.12. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Indianapolis are staying listed for an average of 78 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Indianapolis was 661 minutes ago.

At the moment we have 30 open houses that you can visit.

The cost of the most expensive home in Indianapolis is $5,500,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Indianapolis is $35,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Indianapolis in year 1850 and the newest built house is in year 2024.

The average size of properties in Indianapolis is 2194.9 sq.ft. , the biggest one being 11598 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

Community Links

Newest Listings |
Open Houses |
Foreclosures |
Price Reductions |
New Construction |
Short-Sales |
Hud

Nearby Locations

Beech Grove | Broad Ripple | Clermont | Downtown Indy | Homecroft | Lawrence | Meridian Hills | Meridian Kessler | New Augusta | Rocky Ripple | Southport | Speedway | Wanamaker |

Search by Price

Under $50,000| Under $75,000| Under $100,000| Under $125,000| Under $150,000| Under $200,000| Under $225,000| Under $250,000| Under $275,000| Under $300,000| Under $325,000| Under $375,000| Under $400,000| Under $450,000| Under $475,000| Under $500,000| Under $600,000| Under $700,000| Under $800,000| Under $900,000| Under $1,000,000| Cheap Affordable|

Search by house feature

1 Bedroom| 2 Bedrooms 2 Baths| 2 Bedrooms| 3 Bedrooms| 4 Bedrooms| 5 Bedrooms| 1 Bathroom| 2 Bathrooms| 3 Bathrooms| 4 Bathrooms| Barn| Boat Dock| Brick Exterior| Pool| Ranch Style| Shed| Storage| Wood Burning Fire Place| Wood Exterior|

Search by house type

A Frame| Bungalow| Colonial| Contemporary| Craftsman| Mid Century Modern| Office Space| Ranch| Tudor| Victorian| Condo| Duplex| Land| Townhouse| Luxury| Multi Family|

Indianapolis Neighborhoods