Active

Price cut: $30K (7/22)

$120,000

1209 Shelby St, Alexandria, IN 46001

3beds

1,250sqft

$859/mo

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Residential, Single Family Residence

Built in 1947

1.8 Acres Lot

$-- Zestimate^®

$96/sqft

$-- HOA

What's special

Peaceful setting

Opportunity awaits at 1209 Shelby St, Alexandria! This 3-bedroom, 2-bath fixer-upper sits on an impressive 12 lots, offering plenty of space, privacy, and potential. Whether you're an investor looking for your next flip project or a handy homeowner ready to build sweat equity, this property provides a rare chance to own a large parcel of land within city limits. Surrounded by scenic green space and mature trees, you'll enjoy a peaceful setting while still being close to local amenities. The home needs updates and repairs but offers solid potential for renovation, rental income, or a personalized homestead. With 12 lots included in the sale, there may also be future development or expansion possibilities. Bring your vision and unlock the possibilities this unique property has to offer! Property is being sold AS-IS.

31 days

1,749

129

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2
Main level bedrooms: 3

Primary bedroom

Level: Main
Area: 120 Square Feet
Dimensions: 12x10

Bedroom 2

Level: Main
Area: 110 Square Feet
Dimensions: 11x10

Bedroom 3

Level: Main
Area: 154 Square Feet
Dimensions: 14x11

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: $96/sqft
Tax assessed value: $100,600
Annual tax amount: $957
Date on market: 6/24/2026
Cumulative days on market: 32 days

Jessica Degbelo

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Estimated market value

Not available

Estimated sales range

Not available

Price history

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

Public tax history

Year	Property taxes	Tax 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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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 46001

Getting around

4 / 100

Car-Dependent

26 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

7/10
Alexandria-Monroe Elementary School
Grades: PK-6Distance: 1.1 mi
4/10
Alexandria-Monroe Junior/Senior School
Grades: 7-12Distance: 1.2 mi

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.