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$740,000 -

806 Shelby Street Indianapolis IN 46203

4
Bedrooms
Baths
N/A
SQ. Feet
(Above Ground)
0.15
Acres

**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!

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Property Details

Price: $740,000 Previously: $740,000 Originally: $750,000 Bedrooms: 4 Bathrooms: 4.50 MLS #: 22045287 Year Built: 2019 Township: Center Sq. Ft Total: 3,123 Type: Residential Zip Code: 46203 City: Indianapolis Subdivision: No Subdivision County: Marion School District: Indianapolis Public Schools High School: Arsenal Technical High School Middle School: HW Longfellow Med/STEM Magnet Midl Elementary School: William McKinley School 39

Interior Features

Interior Features:
  • Appliances: Dishwasher, Dryer, Disposal, Gas Water Heater, Microwave, Gas Oven, Range Hood, Refrigerator, Washer
  • Cooling: Central Air
  • Heating: Natural Gas, High Efficiency (90%+ AFUE )

Exterior Features

Exterior Features:
  • Features: Balcony, Fire Pit
  • Setting / Lot Description: Sidewalks, Street Lights
  • Porch: Deck
  • # Acres: 0.15

Listing Office: Trueblood Real Estate

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All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2025 MIBOR Broker Listing Cooperative®. All rights reserved.

Listing information last updated on September 10th, 2025 at 4:58pm EDT.

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