Shelbyville Homes under $400,000

Shelbyville Homes under $400,000

Welcome to Shelbyville, Indiana—a charming city that beautifully blends small-town warmth with modern conveniences. Nestled in the heart of central Indiana, Shelbyville boasts a rich history, vibrant community spirit, and a variety of recreational opportunities. With its picturesque parks, friendly neighborhoods, and a lively downtown area, it’s no wonder that Shelbyville is a sought-after destination for families, young professionals, and retirees alike.

One of the standout features of Shelbyville is its affordability in the real estate market. For those seeking a place to call home without breaking the bank, the city offers an impressive selection of homes priced under $400,000. Whether you’re looking for a cozy single-family home, a charming bungalow, or a contemporary townhouse, Shelbyville has something for everyone. Many of these homes come with spacious yards, modern amenities, and easy access to local schools, shopping, and dining options.

In addition to its attractive housing market, Shelbyville is known for its strong sense of community. Residents enjoy a variety of local events, farmers' markets, and festivals throughout the year, fostering connections and friendships among neighbors. The city is also conveniently located near major highways, making it easy to explore nearby Indianapolis and other surrounding areas.

If you’re searching for an affordable, welcoming place to call home, look no further than Shelbyville, Indiana. With its beautiful homes, vibrant community, and endless opportunities, you’ll find that this charming city is the perfect backdrop for your next chapter. Come discover the heart of Shelbyville!

Newest Shelbyville Homes under $400,000

2238 Bear Oak Run, Shelbyville
$329,990
3 Beds ⋅ 3 Baths
Located at 2238 Bear Oak Run, this new construction home offers 2,169 square feet across 2 stories. The two-story design includes 3 bedrooms, 2 full bathrooms, and 1 half bathroom, providing a practical layout for daily routines and shared living. Additional features include a 2.5-car garage, a loft space, walk-in closets in each bedroom, owner's luxury en-suite bathrooms, and more! The open-concept living space serves as the central feature of the home, creating clear visual connections and an efficient flow for everyday activities. Its arrangement supports conversation, dining, and relaxation without unnecessary separation, while the half bathroom adds convenience for the main living areas. As a Quick Move-In home, 2238 Bear Oak Run pairs new construction with a completed set of pre-selected features. The result is a two-story design centered on usable space, clear organization, and an open-concept approach to everyday living!

2238 Bear Oak Run, Shelbyville

Listing courtesy of M/I Homes of Indiana, L.P..

2082 Black Oak Drive, Shelbyville
$304,999
4 Beds ⋅ 3 Baths
What's Special: Wooded View | Larger Lot | Bonus Room | Loft. New Construction - November Completion! Built by Taylor Morrison America's Most Trusted Home Builder. Welcome to the Simplicity 2629 at 2082 Black Oak Drive in Twelve Oaks! This spacious two-story floor plan offers four bedrooms, two full bathrooms, and a powder room with room to fit every lifestyle. Enjoy an open-concept kitchen, dining area, and great room that create the perfect setting for gathering and entertaining. A flex room off the foyer provides added versatility, while the upstairs loft offers extra living space. The primary suite features a dual sink bathroom and walk-in closet, and three secondary bedrooms share a full bathroom completing the second floor. A covered porch, patio, and two-car garage complete this thoughtfully designed home. Imagine living in a place that feels like your favorite road trip song. Shelbyville delivers true Midwest charm with a revitalized downtown full of boutiques, local eats, and live performances at the historic Strand Theater. Enjoy parks and trails, or explore Blue River Memorial Park, plus thrift finds at Me and My Sisters and history at The Grover Museum. Additional Highlights Include: shower in place of tub/shower at primary bath, water softener rough-in at storage under stairs, and gas line at kitchen. Photos are for representative purposes only. MLS#22130339

2082 Black Oak Drive, Shelbyville

Listing courtesy of Pyatt Builders, LLC.

2246 Bear Oak Run, Shelbyville
$309,990
3 Beds ⋅ 3 Baths
At 2246 Bear Oak Run, this new construction home offers 1,995 square feet of thoughtfully organized living space across 2 stories. Its 3-bedroom design includes 2 full bathrooms and 1 half bathroom, supporting everyday routines and guest use with practical separation. Additional features include an electric fireplace, a dining nook bay, an owner's luxury bath upgrade, a 2-car garage, and more! The open-concept living space connects the main gathering areas, creating a clear flow for dining, conversation, and daily activities. The two-story arrangement provides defined spaces while maintaining an efficient overall layout. Clean lines, balanced proportions, and a cohesive design give the interior a polished foundation without unnecessary complexity. As a Quick Move-In home, 2246 Bear Oak Run features pre-selected materials and finishes chosen to work together throughout the design. This coordinated approach provides visual continuity from one living area to the next. The combination of open gathering space, private bedrooms, and multiple bathrooms creates a functional framework for a range of household needs!

2246 Bear Oak Run, Shelbyville

Listing courtesy of M/I Homes of Indiana, L.P..

1030 Amos Road, Shelbyville
$379,900
3 Beds ⋅ 3 Baths
Step back in time and experience the charm of this well-maintained 3-bedroom, 2.5-bathroom home, overflowing with character. Included in the sale are three separate lots totaling 4.01 acres, offering a fantastic opportunity for space and privacy. The 1.03-acre buildable lot presents endless possibilities for your vision. Relax in tranquility as you overlook the serene pond, mature trees, and beautifully landscaped surroundings. Discover the unique allure of solid doors and a spacious eat-in kitchen. The home features a separate living room, family room, and sunroom, along with the primary bedroom on the main floor. Upstairs, you'll find two additional bedrooms and a bathroom. With a roof and water heater that are just three years old, you can enjoy peace of mind for years to come. Don't miss your chance to check out this beautiful property today!

1030 Amos Road, Shelbyville

Listing courtesy of F.C. Tucker Company.

1225 Charlotte Way, Shelbyville
$259,900
3 Beds ⋅ 3 Baths
Two-story 3-bedroom, 2.5-bath home in Southern Trace with a functional main-level layout, pond view, and several recent updates. The main level includes a front living room, family room with gas fireplace, dining and kitchen area, half bath, laundry room, and updated LVP flooring. The kitchen features new laminate countertops, a new refrigerator and dishwasher, and an over-the-range microwave updated in 2024. The family room and kitchen have been freshly painted, and the rear deck has been refreshed with replacement boards where needed and a new deck coating, creating a usable outdoor space overlooking the pond. Upstairs includes two additional bedrooms, a full bathroom, and a primary suite with a private full bath, jetted tub, massive walk-in closet, and views over the pond. Additional updates include a roof reported to be approximately 3 years old, a new outside water mainline in 2024, and a newer smart garage door opener. Exterior features include an attached two car garage and two garden sheds for additional storage. The pond-view setting gives the backyard, deck, and primary suite a distinctive feature that sets this property apart from a typical subdivision lot. With multiple living areas, updated features, garage parking, storage space, and a pond-view backyard, this home offers a strong combination of space, function, and setting.

1225 Charlotte Way, Shelbyville

Listing courtesy of Hoosier Hub Realty, LLC.

602 W Franklin Street, Shelbyville
$130,000
2 Beds ⋅ 1 Baths
Welcome to this 1925 bungalow, a 952 sq. ft. home with 2 bedrooms, 1 bathroom, and a large open living room. There are some recent updates including LVP Flooring throughout, updated vinyl windows, furnace, garage door and opener have also been replaced. Appliances stay. 1-car attached garage. The home still needs some work. Bring your vision, update it to suit your style, and make it your own. Offered as-is at $130,000.

602 W Franklin Street, Shelbyville

Listing courtesy of Carpenter, REALTORS®.

2017 Oak Terrace Drive, Shelbyville
$279,999
4 Beds ⋅ 3 Baths
What's Special: Wooded View | Spacious Kitchen | Close to Trails | Front Porch. New Construction - November Completion! Built by Taylor Morrison America's Most Trusted Home Builder. Welcome to the Simplicity 1953 at 2017 Oak Terrace Drive in Twelve Oaks! This charming new home is designed for comfortable everyday living with four spacious bedrooms, two and a half baths, and an open-concept layout. The great room flows into the kitchen and dining area, creating a bright and connected space for gathering and relaxing. Upstairs, the private primary suite features a well-appointed bath and generous walk-in closet, while three secondary bedrooms offer flexibility for guests, hobbies, or a home office. A centrally located laundry room on the second floor adds convenience, and thoughtful spaces throughout make this home both functional and inviting. Imagine living in a place that feels like your favorite road trip song. Shelbyville delivers true Midwest charm with a revitalized downtown full of boutiques, local eats, and live performances at the historic Strand Theater. Enjoy parks and trails, or explore Blue River Memorial Park, plus thrift finds at Me and My Sisters and history at The Grover Museum. Additional Highlights Include: 36" upper cabinets at kitchen, 60" vanity at primary bath, shower in place of tub/shower at primary bath, gas line at kitchen, and water softener rough-in at under stair storage. Photos are for representative purposes only. MLS#22129723

2017 Oak Terrace Drive, Shelbyville

Listing courtesy of Pyatt Builders, LLC.

560 E Timberbrook Estate, Shelbyville
$289,900
4 Beds ⋅ 3 Baths
Welcome to 560 E Timberbrook Est in Shelbyville, located in a desirable rural subdivision on a beautiful wooded lot a little under an acre. This spacious home offers 4 bedrooms, 2.5 bathrooms, a large family room with a wood-burning fireplace, plus separate living and dining rooms. The standout feature is the brand-new kitchen, complete with all-new appliances, soft-close cabinetry, quartz countertops, new backsplash, two large pantry cabinets, and an impressive assortment of cabinet organizers and inserts. All bathrooms have also been updated, and newer LVP flooring has been installed throughout the home in recent years. Additional features include a full unfinished basement and a 2-car side-load garage. With a little TLC, this property has the potential to be an incredible home in a wonderful setting. Seller is highly motivated and is offering $5,000 in seller concessions plus a $600 home warranty with an acceptable offer. Property is being sold as-is.

560 E Timberbrook Estate, Shelbyville

Listing courtesy of Creech Realty, LLC.

624 W Washington Street, Shelbyville
$195,000
3 Beds ⋅ 2 Baths
Welcome home to this charming 3-bedroom, 2-bath bungalow near historic downtown Shelbyville, with local shops and dining nearby! Updates include electrical, plumbing, HVAC, water heater, roof, Amish-built vinyl windows, and foundation improvements. The inviting kitchen offers a stainless steel 5-burner gas range, dishwasher, and room for casual dining, while the separate dining room provides plenty of space for gatherings. The primary suite features a private bath with washer/dryer hookups, and two additional bedrooms share an updated Jack-and-Jill bathroom. Generous walk-in closets provide ample storage. Outside, enjoy a covered porch, fenced backyard, and storage shed. Off-street parking with alley access adds everyday convenience. Schedule your showing today!

624 W Washington Street, Shelbyville

Listing courtesy of The Stewart Home Group.

623 Van Avenue, Shelbyville
$204,900
3 Beds ⋅ 1 Baths
Plenty of SPACE! This completely remodeled single-family residence offers 1464 square feet of thoughtfully updated living space, presenting a fresh start for its next residents. This inviting ranch-style home features three comfortable bedrooms, two living areas, and two bonus rooms to use as you see fit! Craft room, office, play room, music room, or additional storage! A full bathroom serves the home, designed for convenience and ease. The recently updated kitchen provides a contemporary space for culinary exploration and daily routines. The back yard is fenced in and the nice concrete patio area provides ample outdoor space for relaxation and activities. To truly appreciate the thoughtful updates and comfortable living this home offers, schedule your private showing today. Kitchen appliances on order and will be installed once received!

623 Van Avenue, Shelbyville

Listing courtesy of FULL CANOPY REAL ESTATE, LLC.

208 Fountain Lake Drive S, Shelbyville
$244,900
3 Beds ⋅ 2 Baths
Cozy up for fall in this beautiful, move-in ready, 3 bedroom, 2 bath, ranch home! Just listed in a quiet small-town addition, this well-maintained home offers 1,248 sq ft of comfortable living space on a large .21-acre lot. The heart of the home features a bright, open-concept great room with cathedral ceilings and a wood-burning fireplace-the perfect spot for curling up on a crisp fall evening to enjoy the warmth and comfort of home! Designed for privacy, the desirable split floor plan features a large primary suite with a full bath en-suite and walk-in closet. A convenient laundry room and attached 2-car garage add everyday functionality and ease. Step outside onto the new deck, perfect for enjoying summer gatherings or morning coffee. Don't let this easy to maintain home slip away! Schedule your showing today!

208 Fountain Lake Drive S, Shelbyville

Listing courtesy of Carpenter, REALTORS®.

1036 Hendricks Avenue, Shelbyville
$119,500
2 Beds ⋅ 1 Baths
Two bedroom plus a flex space at the edge of Shelbyville available! This home has undergone some updates a few years ago and is waiting for the next owner to come in and make their own style! This home offers appliances with a lot of countertop space. Nice tile surround on bathtub, and laminate flooring throughout the home. The good size yard can be reached through the back door off the flex space where the laundry area is located. This home is part of a possible short sale.

1036 Hendricks Avenue, Shelbyville

Listing courtesy of Hoosier, REALTORS®.

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