Off Market2750d on marketHistoric · 126 yrs
203 W Mechanic St
Shelbyville, IN, 46176 • 46176 • Shelby County
$186,700
$58/sqft
3,221Sqft
0.1 acLot
1900Built
Property DNA
TradAmer Style
Built 1900 · 126 years of history
Market activity
Demand and pricing signals for this listing
1 views
People checking out this listing
2750 days on market
Established listing
$58/sqft
Price per square foot
About this home
Multi Family · Built 1900 · Historic
This vintage lady has been the home to a well-maintained and profitable beauty salon PLUS two income-producing apartments. The salon features 5 stations + 3 shampoo bowls, spacious sitting area, restroom, break room with laundry PLUS a private office that can be rented separately. The home features maintenance free replacement windows, professional landscape with privacy fence, an owner's garage and a clean smoke-free environment. The occupied apartments each offer 1 bedroom, living room, eat-in kitchen with stove & refrigerator, bathroom and private entrances. Lots of options here... Convert the salon to owner's quarters or operate the salon and the apartments will pay for the building!
Estimated monthly payment
Based on current rates
$1,225/month
Principal & Interest$977
Property Tax$187
Insurance$62
Down payment20% ($37,340)
3%50%
Est. 6.83% rate · 30yr fixed · $149,360 loan
Full calculator →At a glance
Key facts and listing details
Type1-4 Units Residential
Year Built1900
HeatingOther, Gas
CoolingCentral
ParkingGarage - Attached
Property
Home typeMulti Family
Sub-type1-4 Units Residential
StyleTradAmer
Year built1900
Systems
HeatingOther, Gas
CoolingCentral
RoofAsphalt
ConstructionFrame
Parking & Outdoor
ParkingGarage - Attached
BasementPartially finished
Lot4,356 sqft
Location & Tax
Neighborhood46176
Annual tax$170
Parcel730732300404000002
Features & details
5 categories of property features
Interior Features
Heating
Other
Gas
Cooling
Central
Laundry
ConnSome
Exterior Features
Parking
Garage - Attached
Construction
Frame
Listing insights
Market data and value estimates
StatusOff Market
Days on market2750
Est. value$186,700
Est. rent$945/mo
Tax rate0.70%
Price/sqft$58
Last sold$85,000
Tour days6
Views1
How are the schools in Shelbyville?
3 schools rated nearby
Location
Shelbyville, IN, 46176
Price history
1 event
DateEventPrice$/sqftSource
Sep 27, 2018Sold$85,000$26MIBOR as distributed by MLS GRID
Sold$85,000
Sep 27, 2018•$26/sqft•MIBOR as distributed by MLS GRID
Tax history
18 years of records
YearTax paidAssessed value
Apr 9, 2024$170$5,900
Apr 9, 2023$120$6,100
Apr 9, 2022$120$6,000
Apr 9, 2021$120$6,000
Apr 9, 2020$120$6,000
Apr 9, 2019$120$6,000
Apr 9, 2018$120$6,000
Apr 9, 2017$120$6,000
Apr 9, 2016$120$6,000
Apr 9, 2014$120$6,000
Apr 9, 2013$120$6,000
Apr 9, 2012$120$6,000
Apr 9, 2011$152$6,000
Apr 9, 2010$120$6,000
Apr 9, 2009$120$6,000
Apr 9, 2007—$33,900
Apr 9, 2006$1,036$40,800
Apr 9, 2005—$40,800
Nearby homes
Neighborhood details
Local context around this listing
Shelbyville, IN • Shelby County
Nearby neighborhoods
MariettaMarion
Nearby cities
BoggstownEdinburghFairlandFlat RockFountaintownGwynnevilleMorristownSaint Paul
Nearby zip codes
46176
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