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For sale by owner
  • $18,500

    427 N Thomas St, Shelburn, IN 47879

    2beds
    1,056sqft
    SingleFamily
    Built in 1910
    0.5 Acres Lot
    $-- Zestimate®
    $18/sqft
    $-- HOA

    Overview

    This property offers a fantastic opportunity to own a 2-bedroom, 1-bathroom home on a generous 0.50-acre lot in Shelburn, Indiana. Located just minutes from Sullivan Lake and conveniently close to Terre Haute with easy access to US Highway 41, this spot combines peaceful country living with practical accessibility. The existing house is ready for your personal touch — it can be repaired and updated into a comfortable home or completely demoed to allow for brand-new construction tailored to your vision. Additional features include a 1.5-car garage and plenty of outdoor space on the half-acre lot. Location Highlights: • Minutes from Sullivan Lake – great for fishing, boating, and recreation • Short drive to Terre Haute for shopping, dining, healthcare, and entertainment • Easy access to US Hwy 41 for convenient commuting Sold strictly “As Is”. On the property, is a storm cellar. There is electric and gas connections to the home and electric connections to the garage. This is an ideal project for cash buyers, investors, or handy homeowners looking for a rewarding opportunity in a desirable area. Serious buyers only. Contact me directly to schedule a showing or request more information.
    55 days
    645
    24
    Listed by:

    Property Owner (219) 869-0984

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Forced air, Other, Gas
      Cooling
      • Central
      Features
      • Basement: None
      Interior area
      • Total interior livable area: 1,056 sqft

      Property

      Parking
      • Parking features: Garage - Detached
      Features
      • Exterior features: Wood
      Lot
      • Size: 0.5 Acres
      Details
      • Parcel number: 770234111032000005

      Construction

      Type & style
      • Home type: SingleFamily
      Materials
      • Frame
      • Foundation: Crawl/Raised
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1910

      Community & HOA

      Location
      • Region: Shelburn

      Financial & listing details

      • Price per square foot: $18/sqft
      • Tax assessed value: $46,900
      • Date on market: 7/9/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $829/mo

        Price history

        DateEventPrice
        7/9/2026Listed for sale$18,500$18/sqft
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $46,900 +31.7%
        2024-- $35,600 -0.6%
        2023-- $35,800 -2.7%
        2022-- $36,800 +7.6%
        2021-- $34,200
        2020-- $34,200 +3.6%
        2019$660 $33,000
        2018-- $33,000 +0.9%
        2017-- $32,700
        2016-- $32,700 -9.7%
        2014-- $36,200
        2013-- $36,200 +1.4%
        2012-- $35,700 -0.8%
        2011-- $36,000
        2010-- $36,000
        2009-- $36,000 -11.1%
        2007$91 $40,500 +2.5%
        2006-- $39,500 +4.2%
        2005-- $37,900
        2004-- $37,900
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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: 47879

        Getting around

        3 / 100
        Car-Dependent
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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