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166 W Franklin Street

Shelbyville, IN 46176

ActiveListed Nov 20, 2025 · 182 days on market

Key facts

Beds
4
Baths
3 full · 1 half
Living area
2,400 sqft
Lot
0.17 acres
Year built
2026
Type
Residential · Single Family Residence
Stories
Other
Garage
2 spaces
MLS #
22074373
County
Shelby
Subdivision
Hamilton Major
New construction
Yes

About this home

Prime Downtown Living Opportunity - 166 W Franklin St, Shelbyville Discover an exceptional opportunity to build the home of your dreams with Rubicon in the heart of downtown Shelbyville. Perfectly situated to enjoy all the vibrant amenities, dining, shopping, and community events the area has to offer, 166 W Franklin St provides an unparalleled blend of convenience and customization. This premier homesite allows you to select your preferred floor plan, building materials, and interior finishes-ensuring your residence reflects your personal style and vision. All homes within this enclave must meet the distinguished Hamilton Major Architectural Standards, which guide design and quality. These selections will influence the final cost and ensure a cohesive, high-end community aesthetic. Each home must include: * A minimum of 2,400 square feet with a max of 1200 on ground level * A private garage * Architectural elements consistent with Hamilton Major guidelines Opportunities like this-where you can create a customized home in such a desirable, walkable location-are truly rare. Don't miss your chance to craft a distinctive, tailored residence in one of Shelbyville's most sought-after areas. Build your dream home at 166 W Franklin St-where convenience, quality, and customization come together.

Description provided by the listing brokerage.

Interior

Interior features
Attic Access
Rooms
7
Main-level bedrooms
1
Condition
New Construction

Exterior

Parking and garage
Detached

Systems

Heating
Forced Air
Cooling
Central Air
Water
Public

Lot and HOA

Lot features
City Lot

Schools

Middle school
Shelbyville Middle School
High school
Shelbyville Sr High School
School district
Shelbyville Central Schools

Taxes

Estimated annual tax
$2 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$2,049per month, estimated
Principal and interest $1,915Insurance $133
20% · $76,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$380,000
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