806 Shelby Street Indianapolis, IN 46203
Listing Courtesy of: MIBOR / Trueblood Real Estate

  806 Shelby Street Indianapolis, IN 46203

Active (92 Days)
$730,000
4
BED
5
BATH
3,123
SQFT
OPEN HOUSE TIMES
  • OPEN
    Sun, Sep 21
    12 noon - 2:00 pm

Description

**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
Taxes
$3,751(2024)
Lot Size
1,437 SQFT
Type
Single-Family Home
Year Built
2019
Views
City, Downtown, Skyline
School District
Indianapolis Public Schools
County
Marion County
Community
Center

Listed By

Dan O'Brien, Trueblood Real Estate
Source
MIBOR
Last checked Sep 19 2025 at 11:11 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 4
  • Half Bathroom: 1
Interior Features
  • Microwave
  • Gas Oven
  • Refrigerator
  • Dryer
  • Washer
  • Dishwasher
  • Disposal
  • Range Hood
  • Gas Water Heater
Subdivision
  • No Subdivision
Property Features
  • Fireplace: 1
  • Fireplace: Living Room
  • Foundation: Full
  • Foundation: Block
Heating and Cooling
  • High Efficiency (90%+ Afue )
  • Natural Gas
  • Central Air
Basement Information
  • Finished
  • Full
  • Ceiling - 9+ Feet
  • Daylight
Exterior Features
  • Aluminum Siding
  • Cement Siding
School Information
  • Middle School: Hw Longfellow Med/Stem Magnet Midl
  • High School: Arsenal Technical High School
Living Area
  • 3,123 sqft
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Sep 18, 2025
Price Changed
$730,000
-1%
-10,000
Jul 23, 2025
Price Changed
$740,000
-1%
-5,000
Jul 11, 2025
Price Changed
$745,000
-1%
-5,000
Jun 20, 2025
Original Price
$750,000
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by C21 Scheetz and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2023 Metropolitan Indianapolis Board of Realtors (MIBOR). All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 7/20/23 06:55