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58 W Franklin Street

Shelbyville, IN 46176

ActiveListed Oct 21, 2026 · 2 days on market

Key facts

Lot
0.1 acres
Year built
1974
Type
Residential Income · Triplex
Stories
Two
MLS #
22132813
County
Shelby
Subdivision
No Subdivision

About this home

**Portfolio Opportunity!** Investors are invited to explore the opportunity to purchase this property as part of an 10-property investment portfolio featuring residential properties throughout Indianapolis and Shelbyville. Properties are also available for individual purchase. **Portfolio Properties Include:** - 122 E Mechanic St, Shelbyville, IN - 1609 Harlan St, Indianapolis, IN - 955 N Belleview Pl, Indianapolis, IN - 2127 Sugar Grove Ave, Indianapolis, IN - 1261 W 34th St, Indianapolis, IN - 263 N Tacoma Ave, Indianapolis, IN - 1360 N Dearborn St, Indianapolis, IN - 5600 Rockville Rd, Indianapolis, IN - 6780 N Michigan Rd, Fairland, IN - 58 W Franklin St, Shelbyville, IN (Triplex) Portfolio pricing and availability may vary. Don't miss this opportunity to expand your investment portfolio with multiple properties in one package! Estimated room dimensions; buyers to verify.

Description provided by the listing brokerage.

Interior

Basement
Unfinished
Laundry
In Basement
Condition
Updated/Remodeled

Exterior

Construction
Vinyl Siding

Lot and HOA

Lot features
Corner LotNot In SubdivisionSidewalks

Schools

Middle school
Shelbyville Middle School
School district
Shelbyville Central Schools

Taxes

Estimated annual tax
$234 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,631per month, estimated
Principal and interest $1,507Property tax $20Insurance $105
20% · $59,800
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$299,000
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