Realty.com
Buy

Start here

  • Homes for sale by state
  • Home buying tips
  • Before you start looking
  • The buying timeline

Afford it

  • Today's mortgage rates
  • Mortgage calculator
  • How much can I afford?
  • Get pre-approved

Make the deal

  • Writing a winning offer
  • Inspections & appraisals
  • Closing costs, itemized
  • Find a buyer's agent
Sell

Selling Options

  • What's my home worth?
  • Compare selling options
  • Get an instant cash offer
  • Buy before you sell

Resources

  • How selling works
  • When should I sell?
  • Home selling tips
  • Pricing your home
  • What's worth fixing first
  • Find a seller's agent
Home Loans
Find an Agent
Save searchAdvertiseSign In
Saved homesSaved searchesYour toursYour inquiriesRecently viewedAccount settings

Save search

Map layers

Safety

Safety & registry resources

Review official public-safety information for any area from these government sources:

  • U.S. Dept. of Justice National Sex Offender Public Website (NSOPW)
  • FBI: state sex-offender registry directory
Homes Under $200K in Shelbyville, IN
Realty.com
Buy

Start here

  • Homes for sale by state
  • Home buying tips
  • Before you start looking
  • The buying timeline

Afford it

  • Today's mortgage rates
  • Mortgage calculator
  • How much can I afford?
  • Get pre-approved

Make the deal

  • Writing a winning offer
  • Inspections & appraisals
  • Closing costs, itemized
  • Find a buyer's agent
Save searchAdvertiseSign In
Saved homesSaved searchesYour toursYour inquiriesRecently viewedAccount settings
  • Rentals
  • Commercial

38 listings
Sell

Selling Options

  • What's my home worth?
  • Compare selling options
  • Get an instant cash offer
  • Buy before you sell

Resources

  • How selling works
  • When should I sell?
  • Home selling tips
  • Pricing your home
  • What's worth fixing first
  • Find a seller's agent
Home Loans
Find an Agent
Save search
3 bedsNew construction

Homes Under $200K in Shelbyville, IN

Homes Under $200K in Shelbyville, IN

Hide Map
24 of 38 Listings
Map

Homes Under $200K in Shelbyville, IN

24 of 38 Listings

Your local brokerage

SM

Steve Merritt

Realty.com

Lic. #RB21000412

Call Steve
  1. 602 W Franklin Street — photo15Active

    $130,000

    2 bd · 1 ba · 952 sqft

    602 W Franklin Street, Shelbyville, IN

    Jennifer Andrews · Carpenter, REALTORS®

  2. 624 W Washington Street — photoOpen house Sat, Oct 10 · 12:00 PM25Active

    $195,000

    3 bd · 2 ba · 1,269 sqft

    624 W Washington Street, Shelbyville, IN

    Katie Nichols · The Stewart Home Group

  3. 1036 Hendricks Avenue — photo16Active

    $119,500

    2 bd · 1 ba · 910 sqft

    1036 Hendricks Avenue, Shelbyville, IN

    Sheri Jones · Hoosier, REALTORS®

  4. 535 Dunn Avenue — photo53Active

    $175,000

    4 bd · 3 ba · 3,850 sqft

    535 Dunn Avenue, Shelbyville, IN

    Lori Ann Meyer · Highgarden Real Estate

  5. 706 7th Street — photo18Active

    $199,900

    3 bd · 1 ba · 1,296 sqft

    706 7th Street, Shelbyville, IN

    Barry Hines · Realty Wealth Advisors

  6. 218 E Mechanic Street — photo33Active

    $175,000

    3 bd · 1 ba · 1,288 sqft

    218 E Mechanic Street, Shelbyville, IN

    Daniel Aguilar Romero · Keller Williams Indy Metro Partners

  7. 1135 Meridian Street — photoPrice Reduced30Active

    $199,900

    3 bd · 2 ba · 1,144 sqft

    1135 Meridian Street, Shelbyville, IN

    Becca York · F.C. Tucker Company

  8. 324 W Locust Street — photo46Active

    $178,000

    3 bd · 2 ba · 1,130 sqft

    324 W Locust Street, Shelbyville, IN

    Sheri Jones · Hoosier, REALTORS®

  9. 910 Elm Street — photo12Active

    $93,000

    3 bd · 1 ba · 1,230 sqft

    910 Elm Street, Shelbyville, IN

    Kelly Wood · REMAX ONE

  10. Lot 2 911 Hale Road — photo21Active

    $74,900

    3 bd · 2 ba · 1,216 sqft

    Lot 2 911 Hale Road, Shelbyville, IN

    Charlie Brown · MyHomeIndy.com

  11. 1914 N 600 Road E — photo11Active

    $100,000

    2 bd · 1 ba · 1,138 sqft

    1914 N 600 Road E, Shelbyville, IN

    Eric Richards · Landproz of Indiana, LLC

  12. 416 E Pennsylvania Street — photo15Active

    $135,000

    2 bd · 1 ba · 1,211 sqft

    416 E Pennsylvania Street, Shelbyville, IN

    Chloe Taflinger · The Taflinger Real Estate Group

  13. 1132 N Michigan Road — photoPrice Reduced17Active

    $194,900

    2 bd · 1 ba · 936 sqft

    1132 N Michigan Road, Shelbyville, IN

    Deborah Cramer · BluPrint Real Estate Group

  14. 1370 E 225 S — photoPrice Reduced12Active

    $179,900

    4 bd · 2 ba · 1,776 sqft

    1370 E 225 S, Shelbyville, IN

    Bryan Rhoads · LKV Realty, LLC

  15. 554 W Taylor Street — photo35Active

    $179,900

    3 bd · 1 ba · 1,132 sqft

    554 W Taylor Street, Shelbyville, IN

    Adrian Viveros · F.C. Tucker Company

  16. 723 1st Street — photoPrice Reduced14Active

    $154,900

    2 bd · 1 ba · 691 sqft

    723 1st Street, Shelbyville, IN

    Amy Limpus · The Property Shop of Indiana

  17. 1041 W Hendricks Avenue — photoPrice Reduced18Active

    $154,900

    2 bd · 1 ba · 816 sqft

    1041 W Hendricks Avenue, Shelbyville, IN

    Amy Limpus · The Property Shop of Indiana

  18. 160 Habig Street — photoPrice Reduced7Active

    $112,000

    2 bd · 1 ba · 690 sqft

    160 Habig Street, Shelbyville, IN

    Jeff Appel · F.C. Tucker Company

  19. 170 Habig Street — photoPrice Reduced8Active

    $112,000

    2 bd · 1 ba · 690 sqft

    170 Habig Street, Shelbyville, IN

    Jeff Appel · F.C. Tucker Company

  20. 172 Habig Street — photoPrice Reduced8Active

    $112,000

    2 bd · 1 ba · 690 sqft

    172 Habig Street, Shelbyville, IN

    Jeff Appel · F.C. Tucker Company

  21. 162 Habig Street — photoPrice Reduced8Active

    $112,000

    2 bd · 1 ba · 690 sqft

    162 Habig Street, Shelbyville, IN

    Jeff Appel · F.C. Tucker Company

  22. 2174 S 125 E — photoPrice Reduced29Active

    $145,500

    3 bd · 2 ba · 2,848 sqft

    2174 S 125 E, Shelbyville, IN

    Shannon Porter · List With Ben, LLC

  23. 307 W Locust Street — photoPrice Reduced33Active

    $125,000

    3 bd · 2 ba · 1,709 sqft

    307 W Locust Street, Shelbyville, IN

    Sheri Jones · Hoosier, REALTORS®

  24. 4106 W 600 S — photoPrice Reduced19Active

    $159,900

    3 bd · 1 ba · 1,412 sqft

    4106 W 600 S, Shelbyville, IN

    Eric Eisenmenger · Trusted Realty Partners of Ind

12

About Homes Under $200K in Shelbyville, IN

Homes Under $200K in Shelbyville, IN: 38 active listings as of October 9, 2026, 11:48 UTC.

Property types among these 38 listings, by the property type each listing’s MLS reports, spelled as the MLS spells it. Types with fewer than 5 listings, and listings whose MLS reports no type, are not shown, so the shares can total less than 100%.
Property typeListingsShare
Single Family Residence3284.2%
Manufactured Home615.8%

Explore Shelbyville homes

By price

  • Homes Under $200K
  • Homes Under $300K

By bedrooms

  • 3 Bedroom Homes
Realty.com

L. Custen Realty, Inc. d/b/a Realty.com/L. Custen Realty CT, LLC d/b/a Realty.com (Tom O’Leary-Broker)(CT properties only), 8323 Southwest Freeway, Suite 900, Houston, Texas 77074

Equal Housing OpportunityEqual Housing Lender

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is derived from various Multiple Listing Services; each source MLS and its required disclaimer are shown with the listings on the applicable page. Realty.com is an independently owned and operated brokerage.

© 2026 Realty.com. All rights reserved.·Privacy·Terms·California Privacy Rights·Accessibility·Licensing

Listing data & MLS disclosures

Indiana Regional MLS
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Indiana Regional MLS LLC®. IDX information is provided exclusively 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. Real estate listings held by brokerage firms other than Realty.com, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Indiana Regional MLS LLC®. All Rights Reserved.
MIBOR Broker Listing Cooperative
Based on information submitted to the MLS GRID as of 2026-10-08 21:07:07 UTC. 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.
  • 4 Bedroom Homes
  • By feature

    • New Construction Homes

    Your local brokerage

    SM

    Steve Merritt

    Realty.com

    Lic. #RB21000412

    Call Steve

    Shelbyville, IN community profile

    Population
    20,324
    Median income
    $59,088
    Housing units
    9,029
    People per sq. mi.
    116.4
    Area
    174.6 sq. mi.

    Source: HJN community data

    Shelbyville housing market

    August 2026 · This period is still settling

    Selling at 99.8% of asking price

    Sales here are closing essentially at asking. MLS · 28 sales · as of Aug 29, 2026

    Homes on the market · MLS, as of Aug 29, 2026–Aug 31, 2026

    Median list price
    $254,900
    Homes for sale
    108
    Median days on market
    27 days

    Price trend · Assessor repeat sales, as of Aug 31, 2026

    Year-over-year
    -5.1%

    Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Jul 29, 2026

    Median home size
    1,564 sq. ft.