806 Shelby Street Indianapolis IN 46203 (House For Sale) | MLS 22101704
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The house prices in Indianapolis are indeed dropping at the moment. There has been a decrease in price of $11,590.12. 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.
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The housing market and house prices in Indianapolis are going down. The average house price is $262,593.00 and the average price per square feet is $154.69 per square foot. At the moment, there are 18657 homes listed - 2889 active, 1461 pending, and 14307 sold in Indianapolis.
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The average amount of property taxes you would have to pay for a home in Indianapolis is $3,545.13. Property taxes are tied to the value of the home - the more expensive the home, the higher the taxes.
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Properties in Indianapolis stay on the market for an average of 88 days. A lower number of days indicates a seller's market, while a higher number indicates a buyer's market.
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The last home listed in Indianapolis was 994 minutes ago.
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The average property size in Indianapolis is 2093.98 sq.ft., the largest being 13549 sq.ft., and the smallest being 200 sq.ft.
Additional Details
Property Details
Lot Dimensions:
6508
Lot Features:
City Lot, Corner Lot, Irregular Lot, Sidewalks
Water Source:
Public
Main Level Sq. Ft.:
770
Upper Level Sq. Ft.:
1, 545
Total Sq. Ft.:
3, 085
Basement:
Yes
Directions:
GPS Friendly
Interior Features
Breakfast Bar, Built In Features, High Ceilings, Kitchen Island, Hardwood Floors, Eat In Kitchen, Wired For Data, Smart Thermostat, Supplemental Storage, Walk In Closet(S), Wet Bar
Appliances
Dishwasher, Dryer, Disposal, Gas Water Heater, Microwave, Gas Oven, Range Hood, Washer, Water Softener Owned
Cool
Central Air
Water Heater
Dishwasher, Dryer, Disposal, Gas Water Heater, Microwave, Gas Oven, Range Hood, Washer, Water Softener Owned
Heat
Natural Gas, High Efficiency (90%+ AFUE )
Total Rooms
10 Rooms
Tax and Financial Info
Semi-Annual Property Tax:
$4, 034
Tax Year:
2024
Quick View
Address:
806 Shelby Street Indianapolis IN 46203
Status:
Active
On Site:
50 Days On Site
Price:
$650, 000
Bedrooms:
4 Beds
Bathrooms:
4 Full Baths, 1 Half Baths
Sq. Feet:
3, 085
Year Built:
2019
Lot Size:
0.15
County:
Marion
Township:
Center
MLS #:
22101704
Property Type:
Single Family Residence
Exterior Type
Aluminum Siding, Cedar, Cement Siding
Description
This one is truly something different. Located just a few blocks from the heart of Fountain Square, this 4 bed, 4.5 bath modern home offers flexibility you don't often see. Built in 2019, you get the benefit of newer mechanicals, including roof and HVAC, which is hard to find in this area. You're right on Shelby St, making it easy to walk to restaurants, coffee shops, and nightlife. The main living space was designed to impress, with 11 ft ceilings, large windows, and an electric fireplace with custom built-ins and mantle. The kitchen leans modern but warm, featuring white cabinetry, granite waterfall countertops, a commercial-grade gas range, custom hood, stainless appliances, and a large island with a built-in table. Upstairs, the primary suite offers a true retreat with a walk-in closet, double vanity, and tiled walk-in shower. The third floor is a standout with two balconies-one with downtown skyline views and the other overlooking Fountain Square. The finished basement adds even more versatility with a bedroom, full bath, and separate entrance, making it ideal for house hacking, Airbnb, or guest space. Outside, enjoy a composite deck, fire pit area, and a rare parking setup for this location with a garage, gated private parking, and an additional gravel lot. The home and yard are zoned residential (D5), while the additional gravel lot is zoned commercial (C5), offering added flexibility for parking, potential business use, or future opportunity. A unique opportunity with serious flexibility in one of Indy's most vibrant neighborhoods.
Source: MIBOR as distributed by MLS GRID, MLS ID: 22101704
Listing provided courtesy of Laura Waters 317-205-4320 with Highgarden Real Estate
Last Updated: 6/16/2026 | 5:31 PM
Home Details
Status: Active
Price: $650,000
Address: 806 Shelby Street, Indianapolis, IN 46203
Bedrooms: 4
Bathrooms: 5
Square Feet: 3,085
50 days on Site
Property Type: Residential
Built in 2019
50 days on Site
0.15 Lot Size
Cooling: Central Air
Heating: Natural Gas, High Efficiency (90%+ AFUE )
This one is truly something different. Located just a few blocks from the heart of Fountain Square, this 4 bed, 4.5 bath modern home offers flexibility you don't often see. Built in 2019, you get the benefit of newer mechanicals, including roof and HVAC, which is hard to find in this area. You're right on Shelby St, making it easy to walk...
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Source: MIBOR as distributed by MLS GRID, MLS ID: 22101704
Listing provided courtesy of Laura Waters 317-205-4320 with Highgarden Real Estate
Fountain Square offers a neighborhood with convenient access to a variety of businesses, cafes, and dining options, enhancing day-to-day living. The area features a solid cycling infrastructure, making bike travel a practical and enjoyable choice. Parking is easy to find, and many homes are close to major highways, simplifying car trips around the region. Educational institutions, including primary and high schools, are located within short distances, providing accessible options for learning. The neighborhood benefits from nearby green spaces for relaxation and outdoor activities, contributing to a pleasant atmosphere. The housing mix includes mostly two- and three-bedroom single detached homes and duplexes, creating diverse residential options.
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