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1007 N Riley Highway

Shelbyville, IN 46176

ActiveListed Apr 24, 2026 · 20 days on market

Key facts

Lot
1 acres
Type
Land · Unimproved Land
MLS #
22096974
County
Shelby
Subdivision
No Subdivision

About this home

Near downtown Shelbyville, this prime opportunity for Business Highway development with high traffic count of 16,678 now available. A recorded staked survey is on file for this 1 acre level lot that is ready for your next project with public utilities nearby. Additional acreage may be available and is in the process of being platted. Great opportunity awaits for you to build in the BH Business Highway District in an area for establishments that serve travelers or requires immediate access for delivery of goods and services. Consider becoming a neighbor to well known eateries, lodging and convenience businesses in a great exposure location. Nearby access to I-74 for travel to and from this location and located for easy access to industry for deliveries. Utilities are nearby. The extensive list of permitted uses is available upon request. Among BH zoning includes: Auto-oriented uses, bank/financial, drive-up/drive-thru facility, hotel/motel, office, personal services, restaurant, retail, medical, multi-family, as well as some special exception uses.

Description provided by the listing brokerage.

Exterior

Other structures
Not Applicable

Systems

Sewer
Public Sewer

Lot and HOA

Lot features
AccessCity Lot
Zoning
BH

Schools

Middle school
Shelbyville Middle School
School district
Shelbyville Central Schools

Taxes

Tax year
2025

Estimate your monthly payment

$4,338per month, estimated
Principal and interest $3,513Property tax $581Insurance $244
20% · $139,380
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax at 1.0% of price (Indiana homestead-capped at 1%), 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$696,900
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