LOW DOWN PAYMENT
HOMES ON PAYMENTS
FIX-UP HOMES
LOCATED IN
SHELBYVILLE, INDIANA
23 E Gordon St Shelbyville, Indiana 46176
2 Bedrooms . . . . . 1 Bath . . . . . No Garage
Price . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $109,900
Monthly Payment . . . . . . . . . . . . . . . . . . . . . . $899
Down Payment . . . . . . . . . . . . . . . . . . . . . . . $900
Welcome to this charming bungalow in the heart of Shelbyville! This home is bursting with potential for the savvy investor or handy homeowner looking to make their mark. Step onto the covered porch and envision sipping your morning coffee as you watch the world go by. With some TLC and a little elbow grease, this diamond in the rough can shine once again. Make repairs, add your personal touch, and watch your investment grow before your eyes. Don't miss out on this opportunity to turn this house into a home - schedule a showing today and start making your real estate dreams a reality.
Our Homes on Payments Fix-Up Home Program offers home purchasing opportunities
for families, individuals and investors in the Central Indiana area.
Get qualified for a Homes on Payments home in just 3 days with little or nothing down.
Our Homes on Payments homes are easy to qualify and bad credit is OK.
Why throw your money away renting when you can purchase your own Homes on Payments home.
Offered By: Rainbow Realty Group, Inc.
WINDSOR VILLAGE OFFICE (EAST)
6104 E 21st Street
Indianapolis, Indiana
The owners of Rainbow Realty Group, Inc. have been in the Real Estate Business since 1974.
They have bought and sold over 1000 homes and have a reputation of being fair but firm.
This Homes on Payments property has a sales price of $109,900 with $900 down and $899 monthly.
Term is 30 years under a purchase contract at a fixed rate of interest (8.82%).
There are. . . NO "pre-payment penalties". . . NO "balloon payments". . . NO "adjustable rates"
or ANY "adverse conditions" to make you lose your property. Taxes ARE included in payment.
The only way you will ever lose your home or property... is if YOU don't make your payments.
All properties are offered in "AS-IS" condition to be used as investment income properties.
Properties may not be rented, lived in or used as a dwelling until property is brought up to
minimum habitability standards. Buyer agrees to pay the cost of all repairs and maintenance.
We have Homes on Payments Fix-Up Homes Everywhere... Rainbow Realty Group Indianapolis, Anderson, Fortville, Greenfield & Shelbyville
This Homes on Payments property has a sales price of $109,900 with $900 down and $899 monthly.
Term is 30 years under a purchase contract at a fixed rate of interest (8.82%).
There are. . . NO "pre-payment penalties". . . NO "balloon payments". . . NO "adjustable rates"
or ANY "adverse conditions" to make you lose your property. Taxes ARE included in payment.
The only way you will ever lose your home or property... is if YOU don't make your payments.
All properties are offered in "AS-IS" condition to be used as investment income properties.
Properties may not be rented, lived in or used as a dwelling until property is brought up to
minimum habitability standards. Buyer agrees to pay the cost of all repairs and maintenance.
Sold for $714
$714
23 Gordon St, Shelbyville, IN 46176
2beds
840sqft
Single Family Residence
Built in ----
-- sqft lot
$108,700 Zestimate®
$1/sqft
$1,047 Estimated rent
Home value
$108,700
$78,000 - $140,000
$1,047/mo
Zestimate® history
Owner options
List your home for rent
$1,047/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,047/mo
Rent Zestimate®
Refinance and save
$3/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$3/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Source: Zillow Rentals
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Appliances
- Included: WD Hookup
- Laundry: Hookups
Features
- WD Hookup
Interior area
- Total interior livable area: 840 sqft
Property
Parking
- Details: Contact manager
Details
- Parcel number: 731105300607000002
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Community & HOA
Community
- Deposit fee: $900
- Application fee: $25
Location
- Region: Shelbyville
Financial & listing details
- Price per square foot: $1/sqft
- Tax assessed value: $65,800
- Annual tax amount: $441
- Date on market: 3/4/2026
- Lease term: Rent to Own
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2026 | Listing removed | $899$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/4/2026 | Listed for rent | $899+20%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/8/2025 | Sold | $714-91.1%$1/sqft |
Source: Public Record Report a problem | ||
| 6/2/2025 | Listing removed | $749$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/25/2025 | Listed for rent | $749$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/19/2014 | Sold | $8,000$10/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $441 +4.9% | $65,800 +4.6% |
| 2024 | $420 +11.4% | $62,900 +0.2% |
| 2023 | $377 +19% | $62,800 |
| 2022 | $317 +6.6% | $62,800 +16.7% |
| 2021 | $297 -3.9% | $53,800 +3.7% |
| 2020 | $310 -60.3% | $51,900 +24.5% |
| 2019 | $780 -3.9% | $41,700 +6.9% |
| 2018 | $812 +2.3% | $39,000 -3.9% |
| 2017 | $794 | $40,600 +2.3% |
| 2016 | $794 +1.3% | $39,700 +1.3% |
| 2014 | $784 | $39,200 |
| 2013 | $784 +1.6% | $39,200 +1.6% |
| 2012 | $772 -0.8% | $38,600 -0.8% |
| 2011 | $778 | $38,900 |
| 2010 | $778 | $38,900 |
| 2009 | $778 | $38,900 +7.8% |
| 2007 | -- | $36,100 +10.4% |
| 2006 | $830 | $32,700 |
Find assessor info on the county website
Neighborhood: 46176
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Nearby schools
GreatSchools rating
- 4/10William F Loper Elementary SchoolGrades: K-5Distance: 0.5 mi
- 6/10Shelbyville Middle SchoolGrades: 6-8Distance: 1.2 mi
- 6/10Shelbyville Sr High SchoolGrades: 9-12Distance: 1 mi
Get a cash offer in 3 minutes
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Estimated market value
$108,700
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
$108,700
- Indiana
- Shelby County
- Shelbyville
- 46176
- 23 Gordon St