Mixed Use Property Located in Vibrant Area on Historic Shelby Street. At the Corner of Shelby & Raymond, with hundreds of vehicle traffic options every day, this property gives options of branding to many, while having a 2nd Floor Apartment for Additional Income. 1st Floor could have multiple work areas or left as-is for a multitude of business options. Out front business parking, plus alley access and additional parking. Garage is currently being used as a shop or additional storage options. Just down the street from vibrant Fountain Square, minutes from Downtown Indy and a great option to start, relocate or change your business location. This mixed-use option is rare for the area at this price point. Take a look today and see how this matches your future business options.
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Zillow last checked:
Listing updated:
Listed by:
Jason Hess317-716-9258,
Compass Indiana, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22088803
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 1
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1
Main level bathrooms: 1
Primary bedroom
Level: Upper
Area: 120 Square Feet
Dimensions: 12x10
Bonus room
Level: Main
Area: 169 Square Feet
Dimensions: 13x13
Kitchen
Level: Main
Area: 143 Square Feet
Dimensions: 13x11
Living room
Level: Upper
Area: 169 Square Feet
Dimensions: 13x13
Heating
Forced Air, Natural Gas
Cooling
Central Air
Appliances
Included: Electric Oven, Refrigerator
Features
Attic Access, Eat-in Kitchen
Windows: WoodWorkStain/Painted
Basement: Partial,Storage Space,Unfinished
Attic: Access Only
Interior area
Total structure area: 2,348
Total interior livable area: 2,348 sqft
Finished area below ground: 0
Property
Parking
Total spaces: 2
Parking features: Detached
Garage spaces: 2
Details: Garage Parking Other(Guest Street Parking, Service Door)
Features
Levels: Two
Stories: 2
Patio & porch: Covered, Porch
Fencing: Fenced,Full,Privacy
Has view: Yes
View description: City
Lot
Size: 5,662 Square Feet
Features: Access, Busline, Not In Subdivision, See Remarks
Details
Parcel number: 491018140009000101
Special conditions: Other
Horse amenities: None
Construction
Type & style
Home type: SingleFamily
Architectural style: Traditional
Property subtype: Residential, Single Family Residence
Materials
Vinyl Siding
Foundation: Block
Condition
Updated/Remodeled
New construction: No
Year built: 1925
Utilities & green energy
Electric: 200+ Amp Service
Water: Public
Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
Subdivision: Louthain & Cos
HOA
Has HOA: No
Location
Region: Indianapolis
Financial & listing details
Price per square foot: $85/sqft
Tax assessed value: $53,300
Annual tax amount: $1,160
Date on market: 3/12/2026
Cumulative days on market: 128 days
Electric utility on property: Yes
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
4/18/2026
Pending sale
$199,990$85/sqft
Source: MIBOR as distributed by MLS GRID #22088803Report a problem
3/12/2026
Listed for sale
$199,990-31.2%$85/sqft
Source: MIBOR as distributed by MLS GRID #22088803Report a problem
6/17/2025
Listing removed
$290,650$124/sqft
Source: MIBOR as distributed by MLS GRID #22029280Report a problem
5/25/2025
Price change
$290,650-0.1%$124/sqft
Source: MIBOR as distributed by MLS GRID #22029280Report a problem
5/24/2025
Price change
$290,800-0.1%$124/sqft
Source: MIBOR as distributed by MLS GRID #22029280Report a problem
5/23/2025
Price change
$290,950-0.1%$124/sqft
Source: MIBOR as distributed by MLS GRID #22029280Report a problem
5/21/2025
Price change
$291,250-0.1%$124/sqft
Source: MIBOR as distributed by MLS GRID #22029280Report a problem
5/19/2025
Price change
$291,550-0.1%$124/sqft
Source: MIBOR as distributed by MLS GRID #22029280Report a problem
5/17/2025
Price change
$291,850-0.1%$124/sqft
Source: MIBOR as distributed by MLS GRID #22029280Report a problem
5/16/2025
Price change
$292,000-0.1%$124/sqft
Source: MIBOR as distributed by MLS GRID #22029280Report a problem
5/14/2025
Price change
$292,300-0.1%$124/sqft
Source: MIBOR as distributed by MLS GRID #22029280Report a problem
5/12/2025
Price change
$292,600-0.2%$125/sqft
Source: MIBOR as distributed by MLS GRID #22029280Report a problem
5/9/2025
Price change
$293,050-0.1%$125/sqft
Source: MIBOR as distributed by MLS GRID #22029280Report a problem
5/5/2025
Price change
$293,350-0.1%$125/sqft
Source: MIBOR as distributed by MLS GRID #22029280Report a problem
5/4/2025
Price change
$293,650-0.1%$125/sqft
Source: MIBOR as distributed by MLS GRID #22029280Report a problem
5/3/2025
Price change
$293,800-0.1%$125/sqft
Source: MIBOR as distributed by MLS GRID #22029280Report a problem
4/29/2025
Price change
$293,950-0.2%$125/sqft
Source: MIBOR as distributed by MLS GRID #22029280Report a problem
4/25/2025
Price change
$294,550-0.1%$125/sqft
Source: MIBOR as distributed by MLS GRID #22029280Report a problem
4/24/2025
Price change
$294,700-0.1%$126/sqft
Source: MIBOR as distributed by MLS GRID #22029280Report a problem
3/26/2025
Listed for sale
$295,000$126/sqft
Source: MIBOR as distributed by MLS GRID #22029280Report a problem
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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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