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Active
  • Price cut: $25K (8/27)
    $95,000

    1209 Shelby St, Alexandria, IN 46001

    3beds
    1,250sqft
    : 
    $687/mo
    Get pre-qualified
    Residential, Single Family Residence
    Built in 1947
    1.8 Acres Lot
    $-- Zestimate®
    $76/sqft
    $-- HOA

    What's special

    INVESTOR & FLIPPER OPPORTUNITY | 12 SEPARATE LOTS | 1.75 ACRES Opportunity awaits at 1209 Shelby St in Alexandria! This 3-bedroom, 2-bath fixer-upper sits on approximately 1.75 acres consisting of 12 separate lots/tax parcels, offering an exceptional opportunity for investors, flippers, or buyers looking to build sweat equity. The home needs updates and repairs, making it a great candidate for a renovation project, flip, rental, or owner-occupied investment. The sellers recently had their own inspection completed, giving prospective buyers valuable information upfront regarding the property's condition and areas that may need attention. The 12 separate parcels provide additional potential for future expansion or development, subject to buyer due diligence and applicable zoning requirements. Enjoy a peaceful setting with mature trees and green space while remaining close to local amenities. Property highlights: 3 bedrooms 2 bathrooms Approximately 1.75 acres 12 separate lots/tax parcels Existing home with renovation potential Recent seller-completed inspection Potential flip, rental, or owner-occupant opportunity Possible future development/expansion potential Located within city limits Sold AS-IS Bring your vision and contractor and explore the possibilities this unique property has to offer! Buyer to verify zoning, permitted uses, utilities, development potential, and all other property information. Property is being sold AS-IS.
    77 days
    1,743
    152

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Jessica Degbelo 765-610-6265,

    AMR Real Estate LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 22108133MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bathrooms: 2
      • Main level bedrooms: 3
      Bedroom 2
      • Level: Main
      • Area: 110 Square Feet
      • Dimensions: 11x10
      Bedroom 3
      • Level: Main
      • Area: 154 Square Feet
      • Dimensions: 14x11
      Other
      • Level: Main
      • Area: 120 Square Feet
      • Dimensions: 12x10
      Kitchen
      • Level: Main
      • Area: 108 Square Feet
      • Dimensions: 12x9
      Living room
      • Level: Main
      • Area: 253 Square Feet
      • Dimensions: 23x11
      Utility room
      • Level: Main
      • Area: 48 Square Feet
      • Dimensions: 6x8
      Heating
      • Natural Gas, Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Electric Water Heater, Electric Oven, Refrigerator
      Features
      • Built-in Features
      • Has basement: No
      Interior area
      • Total structure area: 1,250
      • Total interior livable area: 1,250 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Attached
      • Attached garage spaces: 3
      Features
      • Levels: One
      • Stories: 1
      • Has view: Yes
      • View description: Trees/Woods
      Lot
      • Size: 1.8 Acres
      • Features: Access, Mature Trees, Wooded
      Details
      • Additional parcels included: 1.8 acres
      • Parcel number: 480619400222000021
      • Special conditions: As Is
      • Horse amenities: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Residential, Single Family Residence
      Materials
      • Stone, Vinyl Siding, Wood Siding
      • Foundation: Crawl Space
      Condition
      • Fixer
      • New construction: No
      • Year built: 1947

      Utilities & green energy

      • Water: Private

      Community & HOA

      Community
      • Subdivision: Phillips
      HOA
      • Has HOA: No
      Location
      • Region: Alexandria

      Financial & listing details

      • Price per square foot: $76/sqft
      • Tax assessed value: $100,600
      • Annual tax amount: $957
      • Date on market: 6/24/2026
      • Cumulative days on market: 79 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/27/2026Price change$95,000-20.8%$76/sqft
        Source: MIBOR as distributed by MLS GRID #22108133 Report a problem
        7/22/2026Price change$120,000-20%$96/sqft
        Source: MIBOR as distributed by MLS GRID #22108133 Report a problem
        6/24/2026Listed for sale$150,000$120/sqft
        Source: MIBOR as distributed by MLS GRID #22108133 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$488 +18.1%$100,600 +11.5%
        2024$413 -9.8%$90,200 +9.3%
        2023$458 +8.4%$82,500 +0.5%
        2022$423 +12.1%$82,100 +9.2%
        2021$377 +1.6%$75,200 +4.9%
        2020$371 +13.1%$71,700 +2.7%
        2019$329 +11.6%$69,800 +5.9%
        2018$294 +1.3%$65,900 -8%
        2017$291 +4.4%$71,600
        2016$278 +6.1%$71,600 +1.8%
        2014$263 +0.2%$70,300
        2013$262 +14.6%$70,300 +1.9%
        2012$229 $69,000 -3.2%
        2011-- $71,300 -5.6%
        2010$274 +12.6%$75,500 -4.4%
        2009$243 $79,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 46001

        Getting around

        4 / 100
        Car-Dependent
        26 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Alexandria Monroe Elementary School
        • Middle: Alexandria-Monroe Jr./Sr. High School

        Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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