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🔑 Unique Value-Add Opportunity in Shelbyville – 2711 S 200 W, Shelbyville, IN 46176 For Sale

  • $91,000
  • 3 beds
  • 1.5 baths
  • 1368 sqft

Unique value-add opportunity on a .4-acre lot with major reconstruction already completed and strong upside potential 📈

This 1945-built single-family home features 3 bedrooms, 1.5 baths, and 1,368 sq ft, offering a flexible opportunity for investors looking to finish updates and capitalize on the equity spread.

📈 Nearby properties have shown strong upside, including a nearby home that sold as-is for $150K and later resold after rehab for $300K.

🔧 Major Updates & Features:

  • Roof — Partially new (2025) 🏠
  • A/C — 2025 ❄️
  • Water Heater — 2021 🚿
  • Some newer vinyl windows 🪟
  • Two furnaces — older but operational 🔥
  • Crawl space foundation

🚗 Detached carport
🌳 Large .4-acre lot
💧 Well water + septic system

⚠️ One portion of the home has already been rebuilt, while the remaining section still needs updates — creating an opportunity to finish the project and force appreciation.

With a large lot, recent major improvements, and a strong spread between purchase and ARV, this property offers multiple exit strategies for investors and rehabbers 🔑💸

Please do not disturb the occupants. Contact us for showing details.

All of our properties are sold “AS IS, WHERE IS” and buyer is responsible for their own due diligence before purchase. Our properties sell quickly to our highest and best offer. We require a signed purchase agreement and $5000 non-refundable earnest money upon acceptance to lock up the deal. This house is being offered for all cash. Also, it is our company policy that the buyer pays for all closing costs including title insurance fee, and assumes taxes due in November or May of this year. All information provided has been gathered to the best of our knowledge. However, we make no representations of any kind and buyer is responsible for conducting their own research before submitting an offer. If you are interested in viewing this property, please respond to this email or contact me at 317-653-6245.

Realtors, we love working with you, please add your fee on top of our price.

Price:
$91,000
Address:
2711 S 200 W
Shelbyville, Indiana 46176
Square Feet:
1368
Bedrooms:
3
Bathrooms:
1.5
Terms:
For Sale
Property Type:
Home
Year Built:
1945

Call 317.653.6245 for more details

Property Location