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Shelbyville,IN 46176
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,553 sqft
Price per Sqft $119
Subdivision Subdivision Not Available See Legal
MLS Listing ID 22067544
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1876
Tax Year 2024
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type Single Family Residence
Property Description
Investment Opportunity with Endless Potential! This unique property features multiple deeded units, offering excellent income potential or multi-generational living options. The main home is a charming Victorian built in 1862, boasting over 1,500 square feet, 3 bedrooms, and 2 full baths. A detached 320 sq. ft. studio apartment with a private entrance serves as the second unit, perfect for rental income or guest accommodations. The main house also features a private exterior entrance to the second floor, creating the possibility to split it into two separate units-for a total of three income-producing spaces. While many updates have been completed-including windows, roof, gutters, siding, front doors, furnaces, and water heaters (all within the last 10 years)-much of the home's original charm remains. You'll find ornate front porches, double entry doors, and other period details waiting to be restored to their Victorian grandeur. Situated on a corner lot, the property includes a storage shed and a garden area in back. Bring this beauty back to life and take advantage of all the possibilities-whether you choose to live in the main house and rent the studio, or invest in multiple rental doors for steady income!
Location
State IN
County Shelby
Rooms
Basement Partial
Main Level Bedrooms 1
Kitchen Kitchen Updated
Interior
Interior Features In-Law Arrangement
Heating Forced Air,Natural Gas
Cooling Central Air
Fireplace N
Appliance Gas Cooktop,Refrigerator
Exterior
Utilities Available Natural Gas Connected
View Y/N false
Building
Story Two
Foundation Cellar
Water Public
Architectural Style Traditional
Structure Type Vinyl Siding
New Construction false
Schools
Middle Schools Shelbyville Middle School
High Schools Shelbyville Sr High School
School District Shelbyville Central Schools