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$370,000 $15,000on 10/22/2024

1394 N Michigan Road Shelbyville, IN  46176

  • 3 Beds
  • 2 Baths
  • 3,052 sq. Ft

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Property Description for 1394 N Michigan Road Shelbyville, IN 46176

Don't MISS this opportunity to own a piece of land to make your homestead dreams come true. Originally built in the 1800's! The home offers uniqueness and originality from floors to brick. Do you have family looking to stay with you or even children looking to have their own private space? We have got you covered! The outbuilding is PERFECTLY nestled next to the main home with FULL utilities connected. Lots of space and storage to offer; including a 3 car garage, shed, and a full basement!!! Don't let this one slip through your fingers! Sellers are offering not only a home warranty up to $550 to ease your mind but offering you the option of a 2/1 buydown to help with those interest rates (with acceptable offer)
QuickBuy option for home selling

Address:1394 N Michigan Road Shelbyville IN 46176
Status:Active
on site: 129 days
Price:$370,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:3,052
Year Built:1976
Lot Size:1.07
County: Shelby
Township: Addison
MLS #:21989853
Property Type:Single Family Residence

Lot Dimensions:46609
Lot Features:Not In Subdivision, Mature Trees
Water Source:Private Well
Directions:GPS Friendly
Main Level Sq. Ft. :1,432
Upper Level Sq. Ft. :1,080
Total Sq. Ft. :3,052
Basement:Yes

Loan Price
$2,276
Price And Interest $1,930/month
Property Tax $192/month
MTG INS $0/month
HOME INS $154/month
Price
$370,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$192/month
Home Owner Insurance
$1,848 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
10/22/24 $385,000 $370,000 -3.9%
10/02/24 $399,900 $385,000 -3.73%
09/12/24 $410,000 $399,900 -2.46%
07/17/24 $425,000 $410,000 -3.53%

RoomSizeLevel
Living Room 14x16 Main
Dining Room 16x13 Main
Kitchen 23x4 Main
Laundry 8x5 Main
Primary Bedroom 17x15 Upper
Bedroom 2 17x14 Upper
Bedroom 3 15x17 Upper
Family Room 25x19 Main

Semi-Annual Property Tax:$1,154
Tax Year:2023
Other Disclosures:Sales Disclosure On File
Mandatory HOA Fee:$

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

Middle School:Shelbyville Middle School

Total Sq. Ft.:3,052
Interior Features:Attic Access, Built In Book Shelves, Raised Ceiling(s), Center Island, Paddle Fan, Hardwood Floors, Hi-Speed Internet Availbl, Eat-in Kitchen, Pantry, Programmable Thermostat, Window Bay Bow, Windows Vinyl
Interior Area(s):Living Room Formal
Eating Area(s):Formal Dining Room
Appliances:Common Laundry, Gas Cooktop, Dishwasher, Dryer, Electric Water Heater, Disposal, Kitchen Exhaust, MicroHood, Microwave, Gas Oven, Range Hood, Refrigerator, Washer, Water Softener Rented
Equipment:Smoke Alarm
Exterior Features:Barn Mini, Out Building With Utilities, Smart Lock(s), Storage Shed
Exterior Type:Brick
Fuel:No Fuel Source
Fireplace(s):Family Room, Gas Log, Living Room, Woodburning Fireplce
Cool:Central Electric
Heat:Dual, Forced Air, Gas
Water Heater:Common Laundry, Gas Cooktop, Dishwasher, Dryer, Electric Water Heater, Disposal, Kitchen Exhaust, MicroHood, Microwave, Gas Oven, Range Hood, Refrigerator, Washer, Water Softener Rented
Total Rooms:8
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Candyce Showalter with Better Homes and Gardens Real Estate Gold Key from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 07/10/2024 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

87
Avg. DOM
$145.38
Avg. $ / Sq.Ft.
$ 274,900
Med. List Price

The house prices in Shelbyville are not dropping at the moment. There has been a increase in price of $23,491.16. 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 $276,570.00 and the average price per square feet is $139.83 per square feet. At the moment, the amount of homes listed is exactly 344 houses, with 67 with active status, 35 with pending status and 242 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 $1,407.52. 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 85 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 2921 minutes ago.

At the moment we have 11 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 $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 1903 and the newest built house is in year 2025.

The average size of properties in Shelbyville is 2231.28 sq.ft. , the biggest one being 5904 sq.ft. and the smaller being 896 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.