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714 W Washington Street

Shelbyville, IN 46176
  • $164,900
  • STATUS: Pending
  • ON SITE: 93 Days
  • MLS #: 22067544
Under Contract
UPDATED: 53 min ago
$164,900
  • 3
    BEDS
  • 0.09
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,534
    SQFT
  • $107
    $/SQFT
Type:
Single-Family Home
Built:
1876
County:

School Information

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!

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© 2026 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or The Indy Property Source | Keller Williams Realty.

Based on information submitted to the MLS GRID as of 2026-01-12T14:25:27.077. 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.
Click here for MLS GRID DMCA Notice
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714 W Washington Street Shelbyville, IN 46176

  • Price: $164,900
  • Status: Pending
  • On Site: 93 Days
  • Updated: 53 min ago
  • MLS #: 22067544
3
Beds
2
Baths
0
½ Baths
0.09
Acres
1,534
SQFT
$107
$/SQFT
1876
Built
Neighborhood:
Subdivision Not Available See Legal
County:
Shelby
Area:
7308 - Shelby - Addison
Middle School:
Shelbyville Middle School
High School:
Shelbyville Sr High School
School District:
Shelbyville Central Schools
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!
Exterior Features

Architectural Style Traditional Construction Materials Vinyl Siding Foundation Details Cellar Garage YN No Horse Amenities None Levels Two Porch Covered View YN No Waterfront YN No

Interior Features

Appliances Gas CooktopRefrigerator Basement Partial Basement YN Yes Below Grade Finished Area 6 Building Area Total 1553 Cooling Central Air Eating Area Formal Dining Room Full Baths Basement 0 Full Baths Main 2 Full Baths MU 2 Full Baths Upper 0 Half Baths Basement 0 Half Baths Main 0 Half Baths MU 0 Half Baths Upper 0 Heating Forced AirNatural Gas Interior Features In-Law Arrangement Kitchen Features Kitchen Updated Main Level Bedrooms 1 Main Level Sq Ft 1016 Rooms Living Room (Main Level 14x13) Dining Room (Main Level 14x13) Kitchen (Main Level 10x9) Laundry (Main Level 6x4) Primary Bedroom (Main Level 11x9) Bedroom 2 (Upper Level 15x12) Bedroom 3 (Upper Level 14x13) Rooms MU 7 Rooms Total MU 7 Sq Ft MU 1528 Upper Sq Ft 512

Property Features

Accessibility Features YN No Acres <1/4 Acre Association YN No Current Financing ConventionalFHA Dpr YN Yes New Construction YN No Possession Negotiable Property Attached YN No Property Condition Updated/Remodeled Property Sub Type Single Family Residence Rooms Total 7 Semi Annual Property Tax Amt 577 Solid Waste No Tax Exemption Homestead Tax Exemption Tax Year 2024 Township Addison Transaction Type Sale Utilities Natural Gas Connected Water Source Public

Listing provided courtesy of RE/MAX Realty Group: . © 2026 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


© 2026 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or The Indy Property Source | Keller Williams Realty.

Based on information submitted to the MLS GRID as of 2026-01-12T14:25:27.077. 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.
Click here for MLS GRID DMCA Notice
 
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