Shelby Homes under $200,000

Shelby Homes under $200,000

Welcome to Shelbyville, Indiana – a charming city nestled in the heart of Shelby County, where small-town charm meets modern convenience. With its rich history, vibrant community, and picturesque landscapes, Shelbyville offers a delightful backdrop for those seeking a new place to call home.

One of the most appealing aspects of Shelbyville is its affordability. The real estate market here features a variety of homes under $200,000, making it an attractive option for first-time buyers, families, and those looking to downsize. From cozy single-family homes to inviting townhouses, there’s something for everyone. Picture yourself in a quaint residence with a spacious backyard, perfect for summer barbecues and family gatherings, all while being just a stone's throw away from local parks and recreational areas.

The community spirit in Shelbyville is palpable, with friendly neighbors and a calendar full of local events. Enjoy the annual Blue River Memorial Park Festival or explore the historic downtown area, where you’ll find unique shops, delightful eateries, and cultural attractions. With easy access to major highways, commuting to nearby Indianapolis is a breeze, allowing you to enjoy the best of both worlds – the tranquility of suburban living and the excitement of city life.

Shelbyville is not just a place to live; it’s a place to thrive. With affordable housing options and a warm community atmosphere, now is the perfect time to discover your dream home in this inviting Indiana city. Come explore Shelbyville and see why so many are proud to call it home!

Newest Shelby Homes under $200,000

1914 N 600 Road E, Shelbyville
$100,000
2 Beds ⋅ 1 Baths
Auction Opportunity - Country Home & Large Barn Come take a look at this little fixer-upper with plenty of potential! This 1,138 square-foot home on 2 acres offers an opportunity for someone looking to create a home in the country and make it their own. A large older bank barn is also included with the property, providing excellent space for storage, workshop use, hobbies, or other possibilities. The property will be sold at auction on October 8, 2026. The parcel will be surveyed and reduced to approximately 2 acres. The new west property line will be located just west of the well house situated in the field. Open House: September 19, 2026, from 12:00 PM to 2:00 PM. Come walk the property, see the potential, and decide if this country property is the opportunity you've been looking for! The address is 1914 E County Rod 600 S Waldron, IN.

1914 N 600 Road E, Shelbyville

Listing courtesy of Landproz of Indiana, LLC.

1370 E 225 S, Shelbyville
$189,900
4 Beds ⋅ 2 Baths
Opportunity awaits on 2 acres in Shelbyville! This single-family home offers plenty of potential for buyers looking to renovate, customize, or invest. Situated outside of a subdivision, the property provides a spacious setting with room to enjoy the outdoors and make the property your own. A detached 3-car garage provides additional parking, storage, or workspace.

1370 E 225 S, Shelbyville

Listing courtesy of LKV Realty, LLC.

2174 S 125 E, Shelbyville
$145,500
3 Beds ⋅ 2 Baths
Excellent investment opportunity with this home to make it yours however you wish. This amazing opportunity is sold AS-IS.

2174 S 125 E, Shelbyville

Listing courtesy of List With Ben, LLC.

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