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116 E Pennsylvania Street, Shelbyville, IN
Brand-new 2-story home in the downtown Shelbyville featuring 3 bedrooms, 2.5 baths, and 1,336 sq ft of thoughtfully designed living space. The open-concept main level offers durable vinyl plank flooring, a spacious living area, and a modern kitchen with breakfast bar, pantry, and included appliances. Upstairs, you'll find all three bedrooms, including a primary suite with walk-in closet, plus a convenient laundry room. Income restrictions apply; buyers must qualify at or below 80% of Area Median Income (AMI). Complete application and verification documents must be returned within 3 business days of accepted offer
Property Type
Single Family
Style
Traditional
Year Built
2026
Lot Size
3,049 sqft
Price / Sqft
$135
Days on Market
1 days
Full Baths
2
Half Baths
1
Subdivision
Fletcher & Mccarthys
New Construction
Yes
MLS #
MBR22090360
Listing Type
Residential
Market
MIBOR
Middle
Shelbyville Middle School
High School
Shelbyville Sr High School
116 E Pennsylvania Street, Shelbyville, IN 46176 — Shelby County
Michael Grossniklaus
Intend Indiana, Inc.
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How this home compares across city, state, and national benchmarks
Listed at $180,000, this 3-bed house in Shelbyville is 19% above the Census median home value of $151,100 for Shelbyville. Compared to 50 other 3-bed homes in Shelbyville (averaging $251,860), this property is 29% below average. Indiana's median home value is $139,802, putting this listing 29% above the state benchmark. The U.S. national median home value is $334,900.
Where this listing falls among 107 homes for sale
Shelbyville has a population of 19,866 with a median household income of $58,532 and a homeownership rate of 57.4%. The median home value is $151,100 and the median rent is $970/mo.
Sources: U.S. Census Bureau ACS 2023, Fizbo listing data