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(SOLD) $200,000

502 W Mechanic Street Shelbyville, IN  46176

  • 2 Beds
  • 2 Baths
  • 2,406 sq. Ft

Property Description for 502 W Mechanic Street Shelbyville, IN 46176

Looking for the perfect combination of character, updates, & potential? This 2 bed/2 bath bungalow is it! All new flooring, paint & windows, as well as new fridge & stove on main lvl are just the tip of the iceberg! All appliances, including washer/dryer, are included in the sale. Home has a full/dry basement with an extra bath & plenty of room for anything you can imagine...workshop, craft space, extra storage? You also get a massive attic space for even more future flexibility, as well as a detached 2 car garage & incredible fully fenced, park-like backyard! Enjoy your life on a quiet street from the comfort of a 23X7 covered front porch just steps from Sunset Park in this turnkey property that gives you plenty of room to grow! The gas fireplace even provides a cozy space for those chilly days! Don't hesitate, as this is one of the only affordable and move in ready homes on the Shelbyville market! Schedule your showing today!

Address:502 W Mechanic Street Shelbyville IN 46176
Status:Sold
Sold On: 4/12/2024
Price:$214,900
Bedrooms:2 Beds
Bathrooms:2 Full Baths
Sq. Feet:2,406
Year Built:1910
Lot Size:0.16
County: Shelby
Township: Addison
MLS #:21959938
Property Type:Single Family Residence
Buyer Broker Compensation: 3.0%
Any compensation may only be paid to a licensed real estate broker.

Lot Dimensions:7080
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,210
Total Sq. Ft. :2,406
Basement:Yes

Loan Price
$1,178
Price And Interest $1,043/month
Property Tax $52/month
MTG INS $0/month
HOME INS $83/month
Price
$200,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$52/month
Home Owner Insurance
$996 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 15x14 Main
Dining Room 15X13 Main
Kitchen 13X10 Main
Primary Bedroom 13X11 Main
Bedroom 2 12X11 Main

Semi-Annual Property Tax:$309
Tax Year:2023
Other Disclosures:Not Applicable, Flood Plain
Mandatory HOA Fee:$

Area: 7308 - Shelby - Addison
Subdivision: Whaley Mech
Zip Code:46176

Total Sq. Ft.:2,406
Interior Features:Attic Stairway, Hi-Speed Internet Availbl, Screens Some, Windows Vinyl, Wood Work Painted
Eating Area(s):Formal Dining Room, Separate Room
Appliances:Electric Oven, Refrigerator, Water Heater
Equipment:Sump Pump
Exterior Type:Aluminum Siding
Fireplace(s):Gas Log
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Electric Oven, Refrigerator, Water Heater
Total Rooms:6
Dave Johnson, REALTOR®/Broker, F. C. Tucker Company
Dave Johnson
Phone (317) 345-9694
Additional Phone (317) 259-6000
F.C. Tucker Company

Schools in 502 W Mechanic Street Shelbyville, IN  46176


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Listing provided courtesy of David Johnson with F.C. Tucker Company from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 01/28/2024 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.



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 2557 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.