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$343,500 $7,400on 3/13/2024(Pending)

416 Peninsula Drive Shelbyville, IN  46176

  • 2 Beds
  • 2 Baths
  • 1,748 sq. Ft

Property Description for 416 Peninsula Drive Shelbyville, IN 46176

Well maintained 2 bedroom, 2 bath condo with amazing view of the 72-acre stocked lake. Open concept floor plan that boasts a great room with stained glass windows, well-appointed kitchen with appliances, large pull-out pantry, breakfast bar and breakfast room. Enjoy the mornings sipping coffee and watching the sun rise or the glorious sunsets from the all-season room! Primary bedroom suite features recently updated bath, double sinks, large walk-in shower with rain head, and did I mention the beautiful view of the lake?! For added space there is a den/office which can easily be used as a 3rd bedroom. Finished 2 car garage with storage closet, NEW Geothermal (talk about energy efficient) and central air. Enjoy entertaining on the back patio with retractable awning and again that gorgeous view of the lake. No neighbors behind, waterfront property with beach for you to enjoy. What are you waiting for? This lake home is calling your name! Additional Annual Lake Fee $100. Common free dock available to Peninsula owners. Seller will negotiate all reasonable offers.

Address:416 Peninsula Drive Shelbyville IN 46176
Status:Pending
on site: 156 days
Price:$343,500
Bedrooms:2 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,748
Year Built:1989
County: Shelby
Township: Addison
MLS #:21954147
Property Type:Condominium
Buyer Broker Compensation: 3.0%
Any compensation may only be paid to a licensed real estate broker.

Lot Features:Mature Trees
Water Source:Municipal/City
Directions:SR 9 & McKay - West on McKay to Peninsula - Follow to 416.
Main Level Sq. Ft. :1,748
Total Sq. Ft. :1,748

Loan Price
$2,090
Price And Interest $1,792/month
Property Tax $155/month
MTG INS $0/month
HOME INS $143/month
Price
$343,500
Down Payment %
0 %
Down Payment
$0
Property Taxes
$155/month
Home Owner Insurance
$1,716 / year
HOA Dues
$300 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
03/13/24 $350,900 $343,500 -2.11%
02/26/24 $365,900 $350,900 -4.1%
02/25/24 $374,900 $365,900 -2.4%
02/20/24 $384,900 $374,900 -2.6%
01/07/24 $399,500 $384,900 -3.65%

RoomSizeLevel
Great Room 18x13 Main
Primary Bedroom 15x14 Main
Bedroom 2 13x14 Main
Kitchen 13x12 Main
Breakfast Room 12x11 Main
Office 13x14 Main
Utility Room 11x06 Main
Sun Room 15x11 Main
Library 9x8 Main

Semi-Annual Property Tax:$929
Tax Year:2023
Mandatory HOA Fee:$300
HOA Fee Paid:Monthly

Area: 7308 - Shelby - Addison
Subdivision: Peninsula Condo
Zip Code:46176

Total Sq. Ft.:1,748
Interior Features:Attic Pull Down Stairs, Breakfast Bar, Cathedral Ceiling(s), Entrance Foyer, Hi-Speed Internet Availbl, Walk-in Closet(s)
Eating Area(s):Breakfast Room
Appliances:Dishwasher, Dryer, Disposal, MicroHood, Electric Oven, Refrigerator, Washer, Water Heater
Equipment:Smoke Alarm
Exterior Type:Brick, Wood
Cool:Central Electric, Geothermal
Heat:Electric, Forced Air, Geothermal
Water Heater:Dishwasher, Dryer, Disposal, MicroHood, Electric Oven, Refrigerator, Washer, Water Heater
Total Rooms:9
Steve Allen, REALTOR®/Broker, F. C. Tucker Company
Steve Allen
Phone (317) 512-5500
Additional Phone (317) 398-8709
F.C. Tucker Company
Becky Allen, REALTOR®/Broker, F. C. Tucker Company
Co-Listing Agent
Becky Allen
(317) 604-0443

Schools in 416 Peninsula Drive Shelbyville, IN  46176


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Listing provided courtesy of Steve Allen with F.C. Tucker/Sirkus-Allen from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 11/20/2023 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

98
Avg. DOM
$141.01
Avg. $ / Sq.Ft.
$ 323,995
Med. List Price

The house prices in Shelbyville are not dropping at the moment. There has been a increase in price of $22,878.92. 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 Up. The average house price is $312,450.00 and the average price per square feet is $135.46 per square feet. At the moment, the amount of homes listed is exactly 263 houses, with 42 with active status, 42 with pending status and 179 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 $1,234.19. 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 80 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 2332 minutes ago.

At the moment we have 2 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 $104,900.00 . 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 2400.6 sq.ft. , the biggest one being 6118 sq.ft. and the smaller being 1140 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.