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Pending
  • Price cut: $5K (5/29)
    $320,000

    5023 Shelbyville Rd, Indianapolis, IN 46237

    4beds
    2,393sqft
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    Residential, Single Family Residence
    Built in 1964
    0.78 Acres Lot
    $-- Zestimate®
    $134/sqft
    $-- HOA

    What's special

    Primary bedroom en suiteClassic ranch-style architectureWalk-in shower
    Welcome to this charming 2,393 square foot single-family residence. This inviting home is ready for you to move in and begin your next chapter, offering a perfect blend of classic ranch-style architecture and comfortable living. This spacious residence features 4 bedrooms, providing ample private space for everyone. The home includes 2 full bathrooms, the primary bedroom en suite offers the convenience of a walk-in shower, designed for both comfort and accessibility. This property also features a bonus room providing options and room for your indoor living space. Enjoy the roomy .78 acre lot which is difficult to find in Perry Twp. An extra 1 acre lot is also available for purchase and is adjacent to the back of this property - you will find the extra lot featured in the listing photo's. (Please speak with your agent about including this in your offer. this 1 acre lot is selling for $25,000)
    50 days
    |
    1,130
    |
    71
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Ken Yoder 317-220-6465,

    Hoosier, REALTORS®

    Source: MIBOR as distributed by MLS GRID,MLS#: 22102046MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bathrooms: 2
      • Main level bedrooms: 4
      Primary bedroom
      • Level: Main
      • Area: 450 Square Feet
      • Dimensions: 15x30
      Bedroom 2
      • Level: Main
      • Area: 120 Square Feet
      • Dimensions: 10x12
      Bedroom 3
      • Level: Main
      • Area: 100 Square Feet
      • Dimensions: 10x10
      Bedroom 4
      • Level: Main
      • Area: 120 Square Feet
      • Dimensions: 10x12
      Kitchen
      • Level: Main
      • Area: 80 Square Feet
      • Dimensions: 8x10
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Electric Oven, Gas Water Heater
      • Laundry: Main Level
      Features
      • Walk-In Closet(s)
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: Non Functional
      Interior area
      • Total structure area: 2,393
      • Total interior livable area: 2,393 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached
      • Garage spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Patio
      Lot
      • Size: 0.78 Acres
      Details
      • Parcel number: 491504123011000500
      • Special conditions: As Is
      • Horse amenities: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Residential, Single Family Residence
      Materials
      • Brick
      • Foundation: Block
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1964

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Subdivision: No Subdivision
      HOA
      • Has HOA: No
      Location
      • Region: Indianapolis

      Financial & listing details

      • Price per square foot: $134/sqft
      • Tax assessed value: $282,200
      • Annual tax amount: $3,252
      • Date on market: 5/14/2026
      • Cumulative days on market: 51 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/27/2026Pending sale$320,000$134/sqft
        Source: MIBOR as distributed by MLS GRID #22102046 Report a problem
        5/29/2026Price change$320,000-1.5%$134/sqft
        Source: MIBOR as distributed by MLS GRID #22102046 Report a problem
        5/14/2026Listed for sale$325,000+88.8%$136/sqft
        Source: MIBOR as distributed by MLS GRID #22102046 Report a problem
        3/11/2024Listing removed--
        Source: Zillow Rentals Report a problem
        3/1/2024Listed for rent$2,200$1/sqft
        Source: Zillow Rentals Report a problem
        9/23/2020Sold$172,173$72/sqft
        Source: MIBOR as distributed by MLS GRID #21758959 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,253 +12.1%$282,200 +10.8%
        2024$2,902 +8.8%$254,800 +10.5%
        2023$2,666 +9.2%$230,600 +10.4%
        2022$2,442 +5.4%$208,800 +10%
        2021$2,317 +5.2%$189,800 +5.6%
        2020$2,202 +8.6%$179,800 +5.3%
        2019$2,028 +3.4%$170,700 +6.9%
        2018$1,961 -31.1%$159,700 +4.8%
        2017$2,848 +70.3%$152,400 +7.7%
        2016$1,672 +3.6%$141,500 +2.7%
        2014$1,614 -2.3%$137,800 -4.2%
        2013$1,651 $143,800 +2.7%
        2012$1,651 $140,000 -9.6%
        2011-- $154,900
        2010$1,551 +14.3%$154,900
        2009$1,356 $154,900

        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.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: South Emerson

        Getting around

        52 / 100
        Somewhat Walkable
        27 / 100
        Some Transit
        35 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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