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110 E South Street

Shelbyville, IN 46176

ActiveListed Oct 21, 2026 · 3 days on market

Key facts

Lot
0.16 acres
Year built
1975
Type
Residential Income · Triplex
Stories
Two
MLS #
22132886
County
Shelby
Subdivision
121 South East St Condos

About this home

Your opportunity to buy a triplex constructed in 1975 that stands ready for its next chapter. This two-story residence offers a unique opportunity to secure a positive cash flow. The front exterior of the home features a large welcoming porch. The 3 units are all in different conditions. All in need of repairs. It does appear that there was fire damage at one time. Just needs finished and some of the work was started. The property sits on a 6,831-square-foot lot, offering a thoughtful footprint that maximizes the space for parking for your tenants and possibly storage space.

Description provided by the listing brokerage.

Exterior

View
NeighborhoodTrees/Woods

Lot and HOA

Zoning
resdiential

Schools

Elementary school
William F Loper Elementary School
Middle school
Shelbyville Middle School
High school
Shelbyville Sr High School
School district
Shelbyville Central Schools

Taxes

Estimated annual tax
$5,462 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,048per month, estimated
Principal and interest $554Property tax $455Insurance $38
20% · $22,000
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$110,000
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