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806 Shelby Street, Indianapolis, IN 46203

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For Sale

$745,000

4 beds • 4 baths • 1 half baths • 3,123 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $238.55
    Price per square foot

  • 6-10 Years Old
    Age

  • Basement
    Rooms

Explore this Property

**Seller willing to offer a credit towards interest rate buydown** This beautiful 4 bed 4.5 bath modern home, just blocks from the heart of Fountain Square, has so many unique opportunities that you have to take a look! Designed for entertainers and entrepreneurs alike, this home situated on one of three lots is zoned both residential (D5) and commercial (C5). You can call Shelby St home and walk to all the amazing nearby restaurants and nightlife, use it as a commercial property for your office or business, or buy it as an investment property on Airbnb to benefit from all of the amazing events happening all over Indy metro. The custom three story modern design maximizes your spaces and gives you options to optimize space and value. The 3rd floor features two balconies, one overlooking the downtown skyline and the other overlooking historic Fountain Square, providing views unmatched by any other property in the area. This chef's dream kitchen boasts modern white cabinets, granite countertops with waterfall edges, and warm wood tones with a center island that extends into a built-in wood table and vent hood. The finished basement with a bedroom and full bath gives yet another space and flexibility to take advantage of the opportunities. The yard is an awesome entertaining space that many in the area don't have with a newer composite deck and firepit area. The current owner lives in the home fulltime and stays in the basement with its own entry while renting the house on Airbnb. The gravel lot on the south corner is also zoned residential and commercial, so use it for your own personal parking, charge for parking in evenings or busy times, or start your new pop-up business on the corner! Ask for more information on Airbnb numbers and other details! It's a 1 of 1 you have to see!
MLS# 22045287

Courtesy Of Trueblood Real Estate

(317) 288-5148

Property Features

  • Age
    6-10 Years Old
  • Amenities
    Wet Bar
  • Appliances
    Dishwasher, Dryer, Garbage Disposer, Microwave, Oven - Gas, Range, Refrigerator, Washer
  • Architecture Style
    Contemporary
  • Exterior Type
    Aluminum Siding
  • Fireplace
    Fireplace
  • Lot Size
    0.15 Acres
  • Rooms
    Basement, Kitchen, Living Room, Loft
  • View Type
    City

Map and Directions

Directions to 806 Shelby Street, Indianapolis, IN 46203

Home seller CENTURY 21 Scheetz

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Scheetz

(317) 881-2100
Learn More About Us

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Monthly Payment Breakdown

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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