12 days on rocket

5440 Shelbyville Rd, Indianapolis, IN, 46237

$797,000

Home List Price

$9,464*

Closing Credit

4 Bedrooms
3 Full Baths, 2 Partial
8,004 SqFt
$100/SqFt
House
Schools Nearby

Location

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5440 Shelbyville Rd, Indianapolis$797,000

Buyer Closing Credits

$9,464*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1968
HeatingHeat Pump
CoolingCentral Air
BasementYes
FireplaceBedroom, Living Room, Primary Bedroom, Woodburning Fireplce
MLS #21977582
Lot Size7.83 Acres
StatusActive

About 5440 Shelbyville Rd

Incredibly unique home on a gorgeous, wooded lot. Beautiful setting of almost 8 wooded acres awaits behind the beautiful electric gates. Paved driveway makes it feel like the approach to a state park Inn. The massive entry/foyer area is unbelievable and features an amazing "Gone With The Wind" stairway to the upper level and catwalk on both sides. A unique water fountain with a statue from Pennsylvania is on one wall. The chandelier is gorgeous in the entry area. This home was once owned by a doctor that had his office on the West end and that area would make a perfect office or in-law quarters area with a private entry and ample parking area. The entire property is 7.83 acres as per the Assessor's office and consists of three separate parcels that are fenced as one. There are 74+ marked walnut trees on the property. A lovely winding creek flows through the property. The possibilities are endless and it is awaiting your personal touches. As per the Seller, the exterior of the home is specially selected Indiana Limestone from the Bedford area. There are three heat pumps and three furnaces. The dining room can seat 14 people easily, per the Seller. The family room, or trophy room as the Seller refers to it has a wonderful built-in bar and an electric grill for entertaining family, friends, or clients. There is a ton of storage and food pantry off the dining room. Very convenient to shopping, restaurants, and the interstate system. Just minutes from downtown Indianapolis. It's time for you to come home to this beautiful house and property. Exclude the freestanding fireplace in the Primary Bedroom.

Property Details

Property Features

Property Information:

  • Architectural Style: TraditonalAmerican
  • Year Built: 1968
  • Living Area: 8,004 SqFt

Listing Office:

  • Office Name: Super Broker Real Estate Group LLC
  • Office Email: kentclarkindy@gmail.com
  • Listing Agent: Kent Clark

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Water Heater, Disposal, Microwave Hood, Electric Oven, Refrigerator, Water Heater, Water Softener, Other
  • Basement: Yes
  • Interior: Attic Access, Bath Sinks Double Main, Raised Ceiling(s), Hi-Speed Internet Availbl, In-Law Arrangement, Walk-in Closet(s), Wet Bar
  • Fireplace: Bedroom, Living Room, Primary Bedroom, Woodburning Fireplce

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Lot Features

Lot Information:

  • Lot Size: 7.83 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Franklin Central High School, Public District Grades 9-12
  • Franklin Township Middle School West, Public District Grades 6-8
  • Arlington Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $797,000
  • Price Per SqFt: $100/SqFt

Tax Information:

  • Annual Amount: $3,845
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Indianapolis, IN.

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Indianapolis, IN

City

Med. Sold Price

$240K

Med. Price/SqFt

$136

Avg. Days On Market

32

# of Sold Homes

1089

5440 Shelbyville Rd vs Indianapolis

12 DAYS ON ROCKET

-20 Days

$797,000

+$556.9K More

$100/SqFt

-$36 Less

KEY TAKEAWAY

This property is $556.9K more than the Median Sold Price and $36/SqFt less than other homes in Indianapolis, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #21977582

Listing Office:

  • Office Name: Super Broker Real Estate Group LLC
  • Office Email: kentclarkindy@gmail.com
  • Listing Agent: Kent Clark

IDX 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.

Copyright ©2024 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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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Last updated on: 5/19/2024, 9:16:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,845$362,300
2019$4,293$362,300
2018$4,235$372,800
2017$4,223$368,300

History based on county public records data.

Payment Calculator

$4,045

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,456

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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.

Elementary School

school-card-donut-3711152
4
/10

  • Arlington Elementary School

  • 5814 S Arlington Ave

  • 0.48 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3711153
5
/10

  • Franklin Township Middle School West

  • 7620 E Edgewood Ave

  • 2.21 miles

  • Public District Grades 6-8

High School

school-card-donut-3711154
6
/10

  • Franklin Central High School

  • 6215 S Franklin Rd

  • 3.15 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,557. Most Indianapolis, IN residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5440 Shelbyville Rd

What is the listing price of this property?

The listing price of 5440 Shelbyville Rd property is $797,000.

What type of property is this?

The property 5440 Shelbyville Rd is a house located in Indianapolis, Indiana, 46237.

Is this property for sale now?

Active Listing: 5440 Shelbyville Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5440 Shelbyville Rd are:
Arlington Elementary School: GreatSchools Rating 4/10
Franklin Township Middle School West: GreatSchools Rating 5/10
Franklin Central High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,845 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5440 Shelbyville Rd has 4 bedrooms and 3 full and 2 half bathrooms.

What is the square footage of this property?

The property 5440 Shelbyville Rd is 8,004 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5440 Shelbyville Rd is 1968.

Rocket Homes›Indiana›Marion County›Indianapolis›46237›5440 Shelbyville Rd

This home is located at 5440 Shelbyville Rd in Indianapolis, IN and zip code 46237 in the I-65 / South Emerson neighborhood. This 8,004 square foot home, which was built in 1968, sits on a 7.83 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 07, 2024 and is currently priced at $797,000.

Indianapolis, IN housing market in April 2024 saw over 316 listings sold above listed price, more than 280 sold at listed price and over 493 sold below. In April 2024 in Indianapolis, IN there were 0.3% more homes for sale than in March 2024. In April 2024 median list price was $240,065 and the average listing age was 32 days.

From Rocket Homes Real Estate and based on county public records data.

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