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(SOLD) $400,000

1215 W McKay Road Shelbyville, IN  46176

  • 3 Beds
  • 2 Baths
  • 1,760 sq. Ft

Property Description for 1215 W McKay Road Shelbyville, IN 46176

LOCATION! Desirable 5-acre lot next to schools & neighborhoods! This property has tremendous possibilities for your dream home, housing development, or potential business venture. The home of the former "White Barn Gardens" comes on a 5-acre lot with two incredible barns full of history, a three-sided storage barn, a modern storage barn large enough for a full-size RV, and three grain bins. The three bed, two-bath Farmhouse is a fixer-upper, so bring your personal touches to bring it back to its original glory. The Farmhouse is currently being rented, showings will be very limited to serious buyers only. The property is being sold "as-is". The farmhouse has foundation issues, it will not go VA or FHA.
QuickBuy option for home selling

Address:1215 W McKay Road Shelbyville IN 46176
Status:Sold
Sold On: 7/31/2024
Price:$424,900
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,760
Year Built:1900
Lot Size:5.00
County: Shelby
Township: Addison
MLS #:21986281
Property Type:Single Family Residence

Lot Dimensions:217800
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :880
Upper Level Sq. Ft. :880
Total Sq. Ft. :1,760

Loan Price
$2,436
Price And Interest $2,087/month
Property Tax $182/month
MTG INS $0/month
HOME INS $167/month
Price
$400,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$182/month
Home Owner Insurance
$2,004 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Primary Bedroom 10x10 Upper
Kitchen 10x10 Main
Bedroom 2 10x10 Upper
Bedroom 3 10x10 Upper

Semi-Annual Property Tax:$1,092
Tax Year:2023
Other Disclosures:None
Mandatory HOA Fee:$

Area: 7308 - Shelby - Addison
Subdivision: No Subdivision
Zip Code:46176

Total Sq. Ft.:1,760
Interior Features:Windows Vinyl
Eating Area(s):None
Appliances:Other
Exterior Type:Wood
Cool:Central Electric
Heat:Gas
Water Heater:Other
Total Rooms:6
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Adam Barlow with FULL CANOPY REAL ESTATE, LLC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 06/19/2024 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

93
Avg. DOM
$141.48
Avg. $ / Sq.Ft.
$ 269,900
Med. List Price

The house prices in Shelbyville are not dropping at the moment. There has been a increase in price of $7,966.19. 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 $275,995.00 and the average price per square feet is $147.94 per square feet. At the moment, the amount of homes listed is exactly 303 houses, with 60 with active status, 38 with pending status and 205 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 $1,434.48. 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 86 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 4795 minutes ago.

At the moment we have 9 open houses that you can visit.

The cost of the most expensive home in Shelbyville is $895,000.00. 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 $99,000.00 . 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 1876 and the newest built house is in year 2025.

The average size of properties in Shelbyville is 2040.68 sq.ft. , the biggest one being 5904 sq.ft. and the smaller being 788 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.