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533 Lockerbie Road

Shelbyville, IN 46176

ActiveListed Aug 26, 2026 · 48 days on market

Key facts

Beds
3
Baths
2 full
Living area
1,966 sqft
Lot
0.42 acres
Year built
1954
Type
Residential · Single Family Residence
Stories
One
Garage
2 spaces
MLS #
22122575
County
Shelby
Subdivision
Riley Village
Total building area
2,776 sqft

About this home

New Price! You'll love the potential for starting your next chapter at 533 Lockerbie Rd in Riley Village where you'll find NO HOA, NO FEES. This well maintained and charming single-family home offers a comfortable 1696 square feet of living space plus an unfinished basement on a generous, hard-to-find .42 acre lot, providing ample room for both indoor comfort and outdoor enjoyment. The extra large living room flows nicely into the dining room for that open concept appeal. Beautiful hardwood floors can be found throughout the home along with 6 panel solid oak doors and lots of storage. The cheerful kitchen includes all appliances, updated solid wood cabinets and new flooring while the family room includes a gas log fireplace, built-ins and access to the back patio with hot tub. The large master ensuite features a custom walk-in closet, custom tile bath with double sinks, custom cabinetry, large shower with seat and accessibility features. Bedrooms 2 and 3 provide private retreats for family or guests with easy access to the main full bath. Updates include new hi-efficiency HVAC system, newer water heater, windows, roof and more. The 1-car attached garage is handy for entering out of the weather while the 1-car detached garage can provide additional parking or needed workshop and storage. With its thoughtful layout and expansive lot featuring lush lawn and perennials, this property is poised to become the backdrop for your ideal lifestyle. Immediate possession upon closing.

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDryerDisposalGas Water HeaterMicrowaveGas OvenRange HoodRefrigeratorFree-Standing FreezerWasherWater Softener Owned
Interior features
Attic AccessAttic Pull Down StairsBuilt-in FeaturesPaddle FanHi-Speed Internet AvailblPantrySmart ThermostatWalk-In Closet(s)WoodWorkStain/Painted
Kitchen
Kitchen Updated
Other rooms and areas
Living Room FormalUtility Room
Flooring
Hardwood
Basement
DaylightFullStorage Space
Fireplaces
1
Fireplace type
Family RoomGas Log
Laundry
In Basement
Windows
ScreensVinyl Windows
Accessibility
Accessible DoorsAccessible Full BathThreshold ½” or less
Security
Carbon Monoxide Detector(s)Security System OwnedSmoke Detector(s)
Rooms
11
Main-level bedrooms
3

Exterior

Exterior features
Gutter Guards
Patio and porch
PatioPorch
Construction
Aluminum Siding
Foundation
Block
Style
Ranch
Parking and garage
AttachedDetachedAsphaltGarage Door OpenerGuestHeated GarageWorkshop in Garage
Spa
Above GroundHeated
Other structures
Outbuilding
Other equipment
Sump Pump

Systems

Heating
Gas
Cooling
Central AirHigh Efficiency (SEER 16 +)
Water
Public
Utilities
Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected

Lot and HOA

Lot features
Storm SewerMature Trees

Schools

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

Taxes

Estimated annual tax
$1,480 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,847per month, estimated
Principal and interest $1,612Property tax $123Insurance $112
20% · $63,960
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$319,800
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