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.
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
- 55 days
- 645
- 24
Listed by:
Property Owner (219) 869-0984
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
| Date | Event | Price |
|---|---|---|
| 7/9/2026 | Listed for sale | $18,500$18/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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







