For Sale175d on market
1310 Shelby St
Indianapolis, IN, 46203 • Fountain Square • Marion County
$1,290,000
-$100,000 since Mar 21, 2026
0.09 acLot
Property DNA
No Subdivision
Fountain Square
Market activity
Demand and pricing signals for this listing
165 views
People checking out this listing
5 saves
Buyers have saved this home
175 days on market
Established listing
About this home
Lot
One of three connected properties sold as Commercial Package. Rare find in popular Fountain Square amidst growing retail and new apartment building development. Commercial package sale includes three connected properties: 1) Warehouse/retail/flex space, 2) vacant lot, 3) rental house. The well maintained 11,060sf retail/warehouse/flex space with 27 paved car parking spaces (zoned CS) has had a variety of upgrades. It is currently being used as a brewery and pub. Other features include: Heavy power (400 amp, 3 phase), large water lines, wide column spacing, high ceilings, gas heat, heavy concrete floors, private offices in warehouse/brewery section, eight 12' overhead doors face alley at rear with one smaller overhead door at the main entrance. A portion of roof is metal and portion is rubber membrane. Front porch area and stage offer outdoor seating and entertainment venue. Vacant Lot (1310 Shelby St.) zoned MU1, see listing BLC#22068439, residential home (1335 Barth Ave.) is leased, see listing BLC#22068401, Warehouse/Retail/Flex, see listing BLC#22068435. The residence is not for sale separately, but without the residence included, the other two properties can be purchased together for $1,290,000.00
Estimated monthly payment
Based on current rates
$8,414/month
Principal & Interest$6,694
Property Tax$1,290
Insurance$430
Down payment20% ($258,000)
3%50%
Est. 6.75% rate · 30yr fixed · $1,032,000 loan
Full calculator →At a glance
Key facts and listing details
Property
Home typeLot
Sub-typeUnimproved Land
Systems
Water / SewerMunicipal Water Near By
Parking & Outdoor
Lot3,920 sqft
Location & Tax
NeighborhoodFountain Square
ZoningMU1
Annual tax$746
Parcel491113187013001101
Features & details
1 category of property features
Exterior Features
Lot Features
City
Corner
Rectangle
See Remarks
Listing insights
Market data and value estimates
StatusFor Sale
Days on market175
Tax rate0.96%
On marketOct 15, 2025
PostedOct 15, 2025
MLS statusActive
MLS updatedMar 23, 2026
Tour days6
Views165
Favorites5
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46203
Price history
4 events
DateEventPrice$/sqftSource
Mar 21, 2026Price Change$1,290,000—MIBOR as distributed by MLS GRID
Dec 11, 2025Price Change$1,390,000—MIBOR as distributed by MLS GRID
Nov 20, 2025Price Change$1,690,000—MIBOR as distributed by MLS GRID
Oct 15, 2025Listed For Sale$1,790,000—MIBOR as distributed by MLS GRID
Price Change$1,290,000
Mar 21, 2026•MIBOR as distributed by MLS GRID
Price Change$1,390,000
Dec 11, 2025•MIBOR as distributed by MLS GRID
Price Change$1,690,000
Nov 20, 2025•MIBOR as distributed by MLS GRID
Listed For Sale$1,790,000
Oct 15, 2025•MIBOR as distributed by MLS GRID
Tax history
7 years of records
YearTax paidAssessed value
Apr 9, 2024$743$26,800
Apr 9, 2023$745$26,800
Apr 9, 2022$724$26,800
Apr 9, 2021$723$24,400
Apr 9, 2020$736$24,400
Apr 9, 2019$569$24,400
Apr 9, 2018—$18,300
Nearby homes
Neighborhood details
Local context around this listing
Indianapolis, IN • Marion County
Nearby neighborhoods
Chapel Hill-Ben DavisDowntownEagledaleEast WarrenFar EastsideGarden CityNear EastsideSnacks-Guion CreekSouth FranklinSouth Perry
Nearby cities
Beech GroveCumberlandIndianapolisLawrenceSouthportSpeedway
Nearby zip codes
46203462174621946220462224622446226462274623746254
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-09 03:03:29 PDT. 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. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
No obligation · Same-day response