Build your custom home on this 0.99-acre residential lot in Franklin Township. This prime land offers a peaceful setting with the convenience of being just minutes from I-465 and I-65, offering an easy drive to downtown Indianapolis and beyond. Enjoy proximity to shopping centers, restaurants, top-rated schools, parks, and golf courses all just a short drive away. Essential utilities are readily available, making the building process smoother. This lot is adjacent to, and across the street from multiple commercial properties and could possibly re-zoned. Don't miss your opportunity to own this property.
Property Details
Property Features
Listing Office:
Office Name: Hoosier, REALTORS®
Office Email: bob@hoosier-realtors.com
Listing Agent: Bob Magiera
Lot Features
Lot Information:
Lot Size: 0.99 Acres
Other
Directions Information:
Directions: GPS Friendly
Price Information
Listing Price Info
Price Summary:
List Price: $69,000
Tax Information:
Annual Amount: $168
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Indianapolis, IN.
This property is $176.5K less than the Median Sold Price in Indianapolis, IN.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MIBOR
MLS Number: #21982647
Listing Office:
Office Name: Hoosier, REALTORS®
Office Email: bob@hoosier-realtors.com
Listing Agent: Bob Magiera
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$168
$6,200
2019
$168
$5,600
2018
$168
$5,600
2017
$168
$5,600
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Jeremiah Gray Elementary School
5225 Gray Rd
Distance between this listing and this school0.75 miles
Public District Grades 1-5
4
/10
Arlington Elementary School
5814 S Arlington Ave
Distance between this listing and this school0.85 miles
Public District Grades KG-3
4
/10
South Grove Intermediate School
851 S 9th Ave
Distance between this listing and this school1.54 miles
Public District Grades 4-6
Nearby Schools
5
/10
Southport Middle School
5715 S Keystone Ave
Distance between this listing and this school2.07 miles
Public District Grades 7-8
7
/10
Beech Grove Middle School
1248 Buffalo St
Distance between this listing and this school2.81 miles
Public District Grades 7-8
6
/10
Lillie Idella Kitley Intermediate School
8735 Indian Creek Rd S
Distance between this listing and this school3.79 miles
Public District Grades 4-6
Nearby Schools
5
/10
Beech Grove High School
5330 Hornet Ave
Distance between this listing and this school1.67 miles
Public District Grades 9-12
3
/10
Rise Learning Center
5391 Shelby St
Distance between this listing and this school3.05 miles
Public District Grades KG-12
5
/10
Southport High School
971 E Banta Rd
Distance between this listing and this school3.41 miles
The neighbors living near this home have an average income of $50,557. Most Indianapolis, IN residents have annual incomes between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5151 Shelbyville Rd
What is the listing price of this property?
The listing price of 5151 Shelbyville Rd property is $69,000.
What type of property is this?
The property 5151 Shelbyville Rd is land located in Indianapolis, Indiana, 46237.
Is this property for sale now?
Active Listing: 5151 Shelbyville Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $168 (source: MLS/based on county public records data).
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This home is located at 5151 Shelbyville Rd in Indianapolis, IN and zip code 46237 in the I-65 / South Emerson neighborhood. This home sits on a 0.99 acre lot. It has been listed on Rocket Homes since June 08, 2024 and is currently priced at $69,000.
Over 170 listings were sold over their listed price in October 2024 in Indianapolis, IN. In the same period over 519 listings were sold below the listed price and 256 listings were sold for the listed price. The number of homes for sale in Indianapolis, IN increased by 3.7% between September 2024 and October 2024. Listings spent 31 days on the market in October 2024, and had a median list price of $245,515 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.
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