This 2-bedroom, 1-bath home offers 960 square feet of opportunity. Currently operating as an active single-family rental, the seller is looking to offload this income-producing property. If you already own rentals in Shelbyville, this could be a seamless addition to your portfolio. Continue holding it as a rental for immediate income or take advantage of the value-add potential through future updates. Whether you're looking to flip or add to your portfolio, this is an opportunity worth exploring!
CloseDaily local analysis
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
This property is offered at $182 per square foot, compared with a $204 median for active 2-bedroom homes in Shelbyville. Its asking price falls near the 24th percentile of that active group. The comparison uses 28 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.
The property has been tracked for 0 days, while the current cohort averages 45 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $239,950, and the median is $204 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 138 Butler St | Jul 6, 2026 | 3 bd · 1,225 sqft | $239,900 | 0.0 mi |
| 1025 Fairfield Pike | Jun 22, 2026 | 3 bd · 1,187 sqft | $240,000 | 0.2 mi |
| 114 Collier Ave | Jun 5, 2026 | 3 bd · 1,101 sqft | $239,900 | 0.2 mi |
| 302 Hickory Dr | Jun 23, 2026 | 3 bd · 1,964 sqft | $300,000 | 0.2 mi |
| 917 Smith St | Jul 7, 2026 | 2 bd · 840 sqft | $220,000 | 0.3 mi |
| 205 Saddlewood Dr | Jul 1, 2026 | 4 bd · 1,620 sqft | $300,000 | 0.4 mi |
| 606 Shadow Dr | Jun 26, 2026 | 3 bd · 1,550 sqft | $329,900 | 0.4 mi |
| 17031/2 Gordon Rd | Jun 8, 2026 | 3 bd · 1,108 sqft | $227,000 | 0.5 mi |
MLS timeline
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
Location reference points
These distances are precomputed from the listing coordinates and a maintained set of regional landmarks; no mapping service is called when this page loads. Mileage is straight-line distance. Driving minutes are a planning estimate derived from that distance and should be checked against a live route before a showing or commute.
Continue comparing
These active listings are in the same city and a nearby price range. Each link is rendered on the server so visitors and search engines can move between the property, the city inventory, and other relevant homes without returning to a generic search page.
View all Shelbyville homes for sale · See the Shelbyville market report