Looking to expand your investment portfolio or start your journey in real estate? This charming two-story duplex in the heart of Shelbyville, Indiana, is a perfect fit! Whether you're a seasoned investor or an owner-occupant looking to offset your mortgage, this property checks all the boxes. The lower unit offers 3 bedrooms and 1 full bathroom, providing ample living space for families or roommates. The upper unit features 2 bedrooms and 1 bathroom, making it ideal for singles, couples, or small families. Both units come equipped with individual utility hookups, personal ac units and private entrances, giving tenants the privacy and independence they desire. Currently fully rented with reliable, paying tenants, this property generates immediate cash flow from day one. It's a low-hassle, turnkey investment with the potential for long-term appreciation. Additional Highlights: Excellent location near schools, shopping, and downtown Shelbyville Potential for owner-occupancy + income stream Don't miss out on this versatile property offering flexibility, income potential, and built-in tenants. Schedule your showing today and see why this duplex is the perfect fit for your real estate goals!
Sold
$127,500
215 W Franklin St, Shelbyville, IN 46176
5beds
2baths
--sqft
Multi Family, Duplex
Built in 1876
-- sqft lot
$129,400 Zestimate®
$--/sqft
$1,486 Estimated rent
Home value
$129,400
$98,000 - $171,000
$1,486/mo
Zestimate® history
Owner options
List your home for rent
$1,486/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,486/mo
Rent Zestimate®
Refinance and save
$808/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$808/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Individual utility hookupsPrivate entrancesAmple living spacePersonal ac units
Zillow last checked:
Listing updated:
Listed by:
James Gilday 317-797-5062,
eXp Realty, LLC
Bought with:
Deanna Hill
Lincoln Realty, Inc
Source: MIBOR as distributed by MLS GRID,MLS#: 22056401
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Heating
- Electric, Natural Gas
Cooling
- Central Air, Other
Appliances
- Laundry: Connections All
Features
- Basement: Unfinished
Property
Parking
- Parking features: Alley Access, Other
- Details: Unit Parking(On Street, Other)
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 5,227 Square Feet
- Features: Access, Sidewalks, Street Lights, See Remarks
Details
- Parcel number: 731106200358000002
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Italianate,Victorian
- Property subtype: Multi Family, Duplex
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- New construction: No
- Year built: 1876
Community & HOA
Community
- Features: Low Maintenance Lifestyle
- Security: Smoke Detector(s)
- Subdivision: No Subdivision
Location
- Region: Shelbyville
Financial & listing details
- Tax assessed value: $90,000
- Annual tax amount: $1,600
- Date on market: 8/14/2025
- Cumulative days on market: 3 days
- Tenant pays: Cable TV, Grounds Care, Rent Only
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 9/22/2025 | Sold | $127,500-20.3% |
Source:  MIBOR as distributed by MLS GRID #22056401 Report a problem | ||
| 8/18/2025 | Pending sale | $159,900 |
Source: MIBOR as distributed by MLS GRID #22056401 Report a problem | ||
| 8/14/2025 | Listed for sale | $159,900-27.3% |
Source: MIBOR as distributed by MLS GRID #22056401 Report a problem | ||
| 10/18/2022 | Listing removed | -- |
Source: MIBOR as distributed by MLS GRID #21856328 Report a problem | ||
| 5/28/2022 | Listed for sale | $220,000+388.9% |
Source: MIBOR as distributed by MLS GRID #21856328 Report a problem | ||
| 9/1/2021 | Sold | $45,000-43.2% |
Source: MIBOR as distributed by MLS GRID #21799850 Report a problem | ||
| 6/23/2005 | Sold | $79,295 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,800 | $90,000 |
| 2024 | $1,800 +17.2% | $90,000 |
| 2023 | $1,536 +55.2% | $90,000 +17.2% |
| 2022 | $990 -8.3% | $76,800 +55.2% |
| 2021 | $1,080 +4% | $49,500 -8.3% |
| 2020 | $1,038 +0.6% | $54,000 +4% |
| 2019 | $1,032 | $51,900 +0.6% |
| 2018 | $1,032 -0.8% | $51,600 |
| 2017 | $1,040 | $51,600 -0.8% |
| 2016 | $1,040 +1% | $52,000 +1% |
| 2014 | $1,030 | $51,500 |
| 2013 | $1,030 +1.4% | $51,500 +1.4% |
| 2012 | $1,016 -3.8% | $50,800 -2.7% |
| 2011 | $1,056 +0.1% | $52,200 |
| 2010 | $1,055 -51.8% | $52,200 -52.1% |
| 2009 | $2,190 | $108,900 |
| 2007 | -- | $108,900 +26.9% |
| 2006 | $2,178 | $85,800 |
| 2005 | -- | $85,800 |
Find assessor info on the county website
Neighborhood: 46176
Nearby homes
- $145,500-- bd-- ba-- sqft219 W Franklin St, Shelbyville, IN 46176Off Market
- $156,0003 bd1 ba1.4k sqft211 W Franklin St, Shelbyville, IN 46176Off Market
- $--3 bd1 ba1.5k sqft221 W Franklin St #221, Shelbyville, IN 46176Off Market
- $104,0003 bd1 ba2.2k sqft225 W Franklin St, Shelbyville, IN 46176Off Market
- $202,6003 bd2 ba3k sqft15 N West St, Shelbyville, IN 46176Off Market
- $627,4004 bd3 ba3.1k sqft2511 N 350 W, Shelbyville, IN 46176Off Market
- $13,800-- bd-- ba-- sqft5613 N 500 W, Fairland, IN 46126Off Market
- $290,0003 bd2 ba3.5k sqft23 N West St, Shelbyville, IN 46176Sold
Nearby schools
GreatSchools rating
- 4/10Thomas A Hendricks Elementary SchoolGrades: K-5Distance: 1.1 mi
- 6/10Shelbyville Middle SchoolGrades: 6-8Distance: 1.4 mi
- 6/10Shelbyville Sr High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Coulston Elementary School
- Middle: Shelbyville Middle School
- High: Shelbyville 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.
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$129,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$129,400
- Indiana
- Shelby County
- Shelbyville
- 46176
- 215 W Franklin St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Shelbyville Topics
