Frequently Asked Questions

Are house prices dropping in Shelbyville?

The house prices in Shelbyville are indeed dropping at the moment. There has been a decrease in price of $27,316.37. 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.

What is the housing market like in Shelbyville at this time?

The housing market and house prices in Shelbyville are going down. The average house price is $292,495.00 and the average price per square feet is $145.34 per square foot. At the moment, there are 604 homes listed - 82 active, 44 pending, and 478 sold in Shelbyville.

What is the most popular place to buy a house in Shelbyville?

The most popular place to buy a home in Shelbyville is 7308 - Shelby - Addison. 7308 - Shelby - Addison has the most properties listed and appears to have the highest demand.

What is the amount of property taxes you have to pay for a house in Shelbyville?

The average amount of property taxes you would have to pay for a home in Shelbyville is $1,379.06. Property taxes are tied to the value of the home - the more expensive the home, the higher the taxes.

How fast are houses listed in Shelbyville being sold?

Properties in Shelbyville stay on the market for an average of 98 days. A lower number of days indicates a seller's market, while a higher number indicates a buyer's market.

How often are houses listed for sale in Shelbyville?

The last home listed in Shelbyville was -4763 minutes ago.

Can you visit houses in Shelbyville?

Currently, there are 1 open houses available for viewing in Shelbyville.

What is the most expensive house in Shelbyville?

The cost of the most expensive home in Shelbyville is $900,000.00. Expensive homes often come with better amenities, larger spaces, and faster appreciation.

What is the cheapest house in Shelbyville?

The cost of the cheapest home in Shelbyville is $99,500.00. Buying a cheaper home can keep payments low and leave room for customization.

How old are the homes in Shelbyville?

The oldest home in Shelbyville was built in 1870, and the newest in 2626.

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How big are the homes in Shelbyville?

The average property size in Shelbyville is 2266.29 sq.ft., the largest being 5488 sq.ft., and the smallest being 864 sq.ft.

Lot Dimensions:

3192

Water Source:

Public

Main Level Sq. Ft.:

958

Total Sq. Ft.:

1, 198

Basement:

Yes

Directions:

GPS Friendly

Interior Features

Hardwood Floors

Schools

Middle School:

Shelbyville Middle School

Tax and Financial Info

Semi-Annual Property Tax:

$483

Tax Year:

2025

Quick View

Address:

53 W Pennsylvania Street Shelbyville IN 46176

Status:

Active

On Site:

4 Days On Site

Price:

$190, 000

Bedrooms:

3 Beds

Bathrooms:

1 Full Baths

Sq. Feet:

1, 198

Year Built:

1940

Lot Size:

0.07

County:

Shelby

Township:

Addison

MLS #:

22110876

Property Type:

Single Family Residence

Exterior Type

Wood Siding

Community Information

Area:

7308 Shelby Addison

City:

Shelbyville

Subdivision:

No Subdivision

Zip Code:

46176

Rooms

Type	Dimensions	Level
Living Room	13x15	Main
Primary Bedroom	11x12	Main
Kitchen	9x18	Main
Bedroom 3	12x14	Main
Bedroom 2	9x9	Main
Mud Room	9x22	Main

Active

$190,000

3 Beds

1 Baths

1,198 Sq. Ft.

53 W Pennsylvania Street, Shelbyville, IN, 46176

Est. Payments: $0/mo

Residential

Built in 1940

4 days on Site

0.07 Lot Size

Central Air

Forced Air

Additional Details

Contact Agent

Tucker Customer Care

F.C. Tucker Company, Inc.

(317) 954-4768

Description

A short walk to beautiful and historic downtown Shelbyville, this cozy home offers hardwood flooring, large rooms with tall ceilings, detached garage, low maintenance yard, large mudroom, a kitchen with potential, and a detached garage in a beautiful area. Must see to appreciate. Whether you're looking to start out, invest, or just need t...

Source: MIBOR as distributed by MLS GRID, MLS ID: 22110876

Listing provided courtesy of Dakota Brown 812-662-7878 with RE/MAX Tower

Last Updated: 6/30/2026 | 10:07 PM

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About the Neighborhood

Shelbyville offers a peaceful environment with low traffic noise and a calm atmosphere throughout most areas. The generally flat terrain supports easy bicycling, making alternative transportation options convenient. Residents benefit from access to numerous schools, including both public and private elementary and high schools, within short distances. Shopping needs are met with around 10 supermarkets nearby and over 50 diverse restaurants providing a variety of dining choices. The housing stock features a blend of charming older homes from pre-1960 alongside comfortable homes from later decades, mostly consisting of two- and three-bedroom properties, in a mix of single detached homes and smaller multi-unit buildings.

Learn more about

Shelbyville Market Report

Avg. Days on Market

Avg. Price Per Sq. Ft.

144.29

Median List Price

$268,749.5

Homes Listed

108

Frequently Asked Questions

Contact Agent

Tucker Customer Care

F.C. Tucker Company, Inc.

(317) 954-4768

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