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Homes Under $300K in Shelbyville, IN
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84 listings
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3 bedsNew construction

Homes Under $300K in Shelbyville, IN

Homes Under $300K in Shelbyville, IN

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24 of 84 Listings
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Homes Under $300K in Shelbyville, IN

24 of 84 Listings

Your local brokerage

SM

Steve Merritt

Realty.com

Lic. #RB21000412

Call Steve
  1. 2008 Oak Terrace Drive — photoNew49Active

    $299,999

    4 bd · 3 ba · 2,368 sqft

    2008 Oak Terrace Drive, Shelbyville, IN

    Jerrod Klein · Pyatt Builders, LLC

  2. 432 Lockerbie Street — photoNew47Active

    $210,000

    3 bd · 1 ba · 1,299 sqft

    432 Lockerbie Street, Shelbyville, IN

    Tracy Miller · Steve Lew Real Estate Group, LLC

  3. 515 W Mechanic Street — photo5Active

    $196,900

    3 bd · 2 ba · 1,502 sqft

    515 W Mechanic Street, Shelbyville, IN

    Amy Limpus · The Property Shop of Indiana

  4. 122 E Mechanic Street — photo15Active

    $185,000

    3 bd · 2 ba · 2,340 sqft

    122 E Mechanic Street, Shelbyville, IN

    Gabriela Gonzalez · Highgarden Real Estate

  5. 244 Heartland Drive — photo33Active

    $99,900

    3 bd · 2 ba · 1,900 sqft

    244 Heartland Drive, Shelbyville, IN

    Charlie Brown · MyHomeIndy.com

  6. 1694 Cardinal Lane — photo30Active

    $154,900

    3 bd · 1 ba · 1,176 sqft

    1694 Cardinal Lane, Shelbyville, IN

    Amy Limpus · The Property Shop of Indiana

  7. 1370 Delacorte Circles — photo54Active

    $249,900

    3 bd · 3 ba · 1,666 sqft

    1370 Delacorte Circles, Shelbyville, IN

    Jessica Bourne · Polo Real Estate Group LLC

  8. 315 W Pennsylvania Street — photoPrice Reduced30Active

    $212,000

    2 bd · 2 ba · 1,042 sqft

    315 W Pennsylvania Street, Shelbyville, IN

    Annie Nasby · Runnebohm Realty, LLC

  9. 915 Congressional Way — photo37Active

    $249,900

    4 bd · 3 ba · 1,814 sqft

    915 Congressional Way, Shelbyville, IN

    Jennifer Blandford · Carpenter, REALTORS®

  10. 1209 Ruby Unit H-2 — photo43Active

    $230,000

    2 bd · 2 ba · 1,563 sqft

    1209 Ruby Unit H-2, Shelbyville, IN

    Tamara Wright · Hoosier, REALTORS®

  11. 513 S West Street — photo36Active

    $184,900

    2 bd · 2 ba · 1,360 sqft

    513 S West Street, Shelbyville, IN

    Amy Limpus · The Property Shop of Indiana

  12. 831 Highpointe Boulevard — photoOpen house Sun, Oct 25 · 12:00 PM49Active

    $274,950

    4 bd · 3 ba · 2,852 sqft

    831 Highpointe Boulevard, Shelbyville, IN

    Linda D West · Carpenter, REALTORS®

  13. 2020 Pin Oak Court — photo30Active

    $209,900

    2 bd · 2 ba · 1,080 sqft

    2020 Pin Oak Court, Shelbyville, IN

    Connie Lindsay · Lindsay Real Estate

  14. 1225 Charlotte Way — photoPrice Reduced50Active

    $249,900

    3 bd · 3 ba · 1,712 sqft

    1225 Charlotte Way, Shelbyville, IN

    Jonah Hartsburg · Hoosier Hub Realty, LLC

  15. 2017 Oak Terrace Drive — photo53Active

    $279,999

    4 bd · 3 ba · 1,968 sqft

    2017 Oak Terrace Drive, Shelbyville, IN

    Jerrod Klein · Pyatt Builders, LLC

  16. 602 W Franklin Street — photo15Active

    $130,000

    2 bd · 1 ba · 952 sqft

    602 W Franklin Street, Shelbyville, IN

    Jennifer Andrews · Carpenter, REALTORS®

  17. 623 Van Avenue — photoPrice Reduced33Active

    $199,900

    3 bd · 1 ba · 1,529 sqft

    623 Van Avenue, Shelbyville, IN

    Adam Barlow · FULL CANOPY REAL ESTATE, LLC

  18. 560 E Timberbrook Estate — photoPrice Reduced22Active

    $274,900

    4 bd · 3 ba · 1,680 sqft

    560 E Timberbrook Estate, Shelbyville, IN

    Tiona Creech · Creech Realty, LLC

  19. 208 Fountain Lake Drive S — photoPrice Reduced30Active

    $239,900

    3 bd · 2 ba · 1,248 sqft

    208 Fountain Lake Drive S, Shelbyville, IN

    Kimberly Stevens · Carpenter, REALTORS®

  20. 624 W Washington Street — photoOpen house Sat, Oct 24 · 12:00 PM25Active

    $195,000

    3 bd · 2 ba · 1,269 sqft

    624 W Washington Street, Shelbyville, IN

    Katie Nichols · The Stewart Home Group

  21. 906 Olmsted — photo41Active

    $235,000

    3 bd · 3 ba · 1,487 sqft

    906 Olmsted, Shelbyville, IN

    Michael Haehl · FULL CANOPY REAL ESTATE, LLC

  22. 1036 Hendricks Avenue — photo16Active

    $119,500

    2 bd · 1 ba · 910 sqft

    1036 Hendricks Avenue, Shelbyville, IN

    Sheri Jones · Hoosier, REALTORS®

  23. 119 Fairfield Drive — photo30Active

    $265,000

    3 bd · 2 ba · 2,406 sqft

    119 Fairfield Drive, Shelbyville, IN

    Sheri Jones · Hoosier, REALTORS®

  24. 336 W Broadway Street — photoOpen house Sun, Oct 25 · 1:00 AM70Active

    $295,000

    4 bd · 2 ba · 5,488 sqft

    336 W Broadway Street, Shelbyville, IN

    Larry Jarrett · Keller Williams Indy Metro Partners

12…4

About Homes Under $300K in Shelbyville, IN

Homes Under $300K in Shelbyville, IN: 84 active listings as of October 21, 2026, 04:54 UTC.

Property types among these 84 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 Residence7488.1%
Manufactured Home78.3%

Explore Shelbyville homes

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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.

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Listing data & MLS disclosures

MIBOR Broker Listing Cooperative
Based on information submitted to the MLS GRID as of 2026-10-21 02:02:07 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.
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    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

    September 2026 · This period is still settling

    Selling at 99.2% of asking price

    Buyers here are paying below asking. MLS · 37 sales · as of Sep 30, 2026

    Homes on the market · MLS, as of Sep 27, 2026–Sep 30, 2026

    Median list price
    $249,500
    Homes for sale
    109
    Median days on market
    28 days

    Price trend · Assessor repeat sales, as of Sep 30, 2026

    Year-over-year
    -26.3%

    Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 2, 2026

    Median home size
    1,564 sq. ft.