Loan Price
$2,394
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$425,000 ↓$74,000on 2/7/2024
2021 S Riley Highway Shelbyville, IN 46176
- 5 Beds
- 2 Baths
- 4,240 sq. Ft
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Property Description for 2021 S Riley Highway Shelbyville, IN 46176
4240sqft Brick building with Updates. Tons of potential and possibilities with this 1.86-acre property! Conveniently located in the heart of a growing residential sector of Shelbyville. Currently used as an office building. Zoned Residential R1. The functional layout features several private rooms used as offices, a spacious eat-in dining area/breakroom with a full kitchen, two bathrooms, and a reimagined sectional workroom created for dedicated workspaces. Enjoy plenty of natural light from all the oversized windows and high ceilings that make the space feel open and lively. Common parking lot and monument signage at the intersection of S Riley Hwy and McKay Road. Must see the opportunity and potential here!
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Address:2021 S Riley Highway Shelbyville IN 46176
Status:Active
on site: 277 days
Price:$425,000
Bedrooms:5 Beds
Bathrooms:2 Half Baths
Sq. Feet:4,240
Year Built:1968
Lot Size:1.86
County: Shelby
Township: Addison
MLS #:21935925
Property Type:Single Family Residence
Lot Dimensions:81022
Water Source:Municipal/City
Directions:Use GPS
Main Level Sq. Ft. :4,240
Total Sq. Ft. :4,240
| Date | Old Price | New Price | Percent Change |
| 02/07/24 | $499,000 | $425,000 | -14.83% |
| Room | Size | Level |
| Primary Bedroom | 23x12 | Main |
| Kitchen | 13x7 | Main |
Semi-Annual Property Tax:$000
Tax Year:2022
Mandatory HOA Fee:$
Total Sq. Ft.:4,240
Interior Features:Entrance Foyer
Interior Area(s):Utility Room
Eating Area(s):Dining Combo/Kitchen
Appliances:Range Hood, Refrigerator
Exterior Features:Barn Storage
Exterior Type:Brick
Cool:Central Electric
Heat:Forced Air
Water Heater:Range Hood, Refrigerator
Total Rooms:10
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Schools in 2021 S Riley Highway Shelbyville, IN 46176
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Listing provided courtesy of Nathaniel Wozniak with Berkshire Hathaway Home from MIBOR as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 08/02/2023 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.
Shelbyville Market Report
105
Avg. DOM
$141.22
Avg. $ / Sq.Ft.
$ 324,990
Med. List Price
The house prices in Shelbyville are indeed dropping at the moment. There has been a decrease in price of $13,717.18. 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 Shelbyville are going Down. The average house price is $324,990.00 and the average price per square feet is $141.62 per square feet. At the moment, the amount of homes listed is exactly 258 houses, with 45 with active status, 28 with pending status and 185 sold in Shelbyville .
The most popular place to buy a home in Shelbyville is 7308 - Shelby - Addison. 7308 - Shelby - Addison 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 Shelbyville .
The average amount of property taxes you would have to pay for a home in Shelbyville is $923.91. 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 Shelbyville are staying listed for an average of 86 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 Shelbyville was 1102 minutes ago.
At the moment we have 1 open houses that you can visit.
The cost of the most expensive home in Shelbyville is $674,900.00. 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 Shelbyville is $69,900.00 . 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 Shelbyville in year 1890 and the newest built house is in year 2024.
The average size of properties in Shelbyville is 2261.24 sq.ft. , the biggest one being 6118 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.
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