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$225,000 (Pending)

2205 N Michigan Road Shelbyville, IN  46176

  • 3 Beds
  • 1 Baths
  • 1,488 sq. Ft

Property Description for 2205 N Michigan Road Shelbyville, IN 46176

Come take a look and imagine the possibilities! Large home, just outside of town, sitting on 4.91 acres, partially wooded. Home offers 3 bedrooms, 1 bath, living room, kitchen, laundry room and enclosed front porch. Gas furnace and central air are about 4 yrs old. Newer tankless water heater. Small fenced in area behind the house. 3 Car detached tandem garage. Lots of road frontage. Plenty of room for a garden or the kids. Wooded area, great for privacy. This property has been in the same family since the early 1970's! Home and property is in need of repairs and in sold in "as is" condition. No FHA or VA loans. Easy access to I-74, Indianapolis, Casino and hospital.
QuickBuy option for home selling

Address:2205 N Michigan Road Shelbyville IN 46176
Status:Pending
on site: 17 days
Price:$225,000
Bedrooms:3 Beds
Bathrooms:1 Full Baths
Sq. Feet:1,488
Year Built:1950
Lot Size:4.91
County: Shelby
Township: Marion
MLS #:21998265
Property Type:Single Family Residence

Lot Dimensions:213880
Lot Features:Access, Mature Trees, Trees-Small (Under 20 Ft), Wooded, See Remarks
Water Source:Private Well
Directions:GPS Friendly
Main Level Sq. Ft. :840
Upper Level Sq. Ft. :648
Total Sq. Ft. :1,488

Loan Price
$1,356
Price And Interest $1,174/month
Property Tax $88/month
MTG INS $0/month
HOME INS $94/month
Price
$225,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$88/month
Home Owner Insurance
$1,128 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 17x17 Main
Kitchen 15x11 Main
Primary Bedroom 17x17 Main
Laundry 7x5 Main
Bedroom 2 18x17 Upper
Bedroom 3 16x16 Upper

Semi-Annual Property Tax:$526
Tax Year:2024
Other Disclosures:As Is, Flood Plain Partial, Needs Updating, Sales Disclosure Supplements
Mandatory HOA Fee:$

Area: 7305 - Shelby - Marion
Subdivision: No Subdivision
Zip Code:46176

Total Sq. Ft.:1,488
Interior Features:Attic Access, Eat-in Kitchen
Eating Area(s):Dining Combo/Kitchen
Appliances:Dishwasher, Gas Oven, Refrigerator, Tankless Water Heater, Water Softener Owned
Exterior Features:Out Building With Utilities
Exterior Type:Aluminum Siding
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Dishwasher, Gas Oven, Refrigerator, Tankless Water Heater, Water Softener Owned
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 Lisa Hubbard with Carpenter, REALTORS® from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 08/23/2024 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

86
Avg. DOM
$138.02
Avg. $ / Sq.Ft.
$ 310,990
Med. List Price

The house prices in Shelbyville are indeed dropping at the moment. There has been a decrease in price of $32,955.27. 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 Down. The average house price is $291,990.00 and the average price per square feet is $140.22 per square feet. At the moment, the amount of homes listed is exactly 320 houses, with 57 with active status, 46 with pending status and 217 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 $1,366.66. 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 88 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 1203 minutes ago.

At the moment we have 10 open houses that you can visit.

The cost of the most expensive home in Shelbyville is $780,000.00. 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 1880 and the newest built house is in year 2024.

The average size of properties in Shelbyville is 2262.3 sq.ft. , the biggest one being 5432 sq.ft. and the smaller being 728 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.