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$375,000

5631 Shelby St Indianapolis, IN 46227

5 beds
3 full
2,776 sqft
0.5 acres
$135 / sqft
House

Property details

About 5631 Shelby St

This is a surreal opportunity just north of Homecroft to live in a 4 bedroom/2 bath home on 1/2 acre & have the attached 1 bedroom/1 bath Airbnb with separate entrance cover your mortgage! There was $32,417.90 in Airbnb gross earnings in 2.5 years. Another option is to have mom, dad and/or grandparents reside with you, but still have their own space, so they can enjoy some independence in close proximity to you in the event they are in need. Or, simply enjoy a large 5 bedroom/3 bath residence if you need space to spread out. You will love the remarkable floor to high ceiling stone fireplace and exposed wood beams in the cathedraled great room. This flexible layout affords you the ability to have 3 bedrooms on the main level. The She-Shed will make it easier for you to indulge in your hobbies. There are even 2 covered screened porches to boot. Plenty of custom Pella windows. You will not have to contend with an HOA at this property!

Highlights

Home typeSingle Family Residence
HeatingZoned, Forced Air, Natural Gas, Furnace
StatusActive
CoolingCentral Air
Size2,776 sqft
Lot size0.46 Acres
Year built1976
MLS #22046719
FireplaceGreat Room, Masonry

Summary

  • Full Bathrooms: 3
  • Appliances: Dishwasher, Dryer, Microwave Hood, Gas Oven, Refrigerator, Washer
  • Basement: No
  • Interior: Cathedral Ceiling(s), High Ceilings, Entrance Foyer, Paddle Fan, Handicap Accessible Interior, Hi-Speed Internet Availbl, In-Law Arrangement, Supplemental Storage
  • Fireplace: Great Room, Masonry
  • Total Bedroom Count: 5
  • Exterior: Barn Mini, Storage, Exterior Handicap Accessible, Storage Shed
  • Architectural Style: Craftsman, Traditional
  • Heating: Zoned, Forced Air, Natural Gas, Furnace
  • Cooling: Central Air
  • List Price: $375,000
  • Price/SqFt: $135
  • Annual Tax Amount: $3,926
  • Tax Year: 2023
  • Directions: GPS Friendly
  • Year Built: 1976
  • Living Area: 2,776 SqFt
  • Lot Size: 0.46 Acres
  • MLS Number: 22046719
  • MLS Name: MIBOR
  • Office Name: REALTY WORLD-Harbert Company
  • Listing Agent: Brian Harbert

IDX Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.

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DMCA Notice

Copyright ©2025 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/23/2025, 4:31:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$308,000$3,926
2022$278,400$3,612
2021$265,800$3,067
2020$233,700$3,031
2019$219,400$2,876
2018$210,700$2,511
2017$184,500$2,658

History based on county public records data.

Nearby schools

7

William Henry Burkhart Elementary School

Public District 1-5

0.7 mi

5701 Brill Rd

6

Southport 6th Grade Academy

Public District 6-6

1.0 mi

5715 S Keystone Ave

6

Homecroft Elementary School

Public District 1-5

1.2 mi

1551 Southview Dr Ste 1

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $63,672. Residents of Indianapolis, IN typically earn between $35k-100k each year. Most families are single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

16%
<35k
61%
35k-100k
22%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

38%
Single, No Kids
13%
Single, with Kids
29%
Married, No Kids
20%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
8%
12-17 yrs old
21%
18-34 yrs old
48%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • SoccerSoccer
  • Horse RacesHorse Races

Where do the neighbors shop?

  • Books-a-MillionBooks-a-Million
  • BurlingtonBurlington
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • WingstopWingstop
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • ToyotaToyota
  • NissanNissan
  • BuickBuick

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • Christian Adult ContemporaryChristian Adult Contemporary
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5631 Shelby St

The listing price of 5631 Shelby St property is $375,000.

The property 5631 Shelby St is a house located in Indianapolis, Indiana, 46227.

Active Listing: 5631 Shelby St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5631 Shelby St are: William Henry Burkhart Elementary School (GreatSchools Rating 7/10), Southport 6th Grade Academy (GreatSchools Rating 6/10), Homecroft Elementary School (GreatSchools Rating 6/10), Southport Middle School (GreatSchools Rating 5/10), Perry Meridian Middle School (GreatSchools Rating 8/10), Emma Donnan Elementary and Middle School (GreatSchools Rating 3/10), Rise Learning Center (GreatSchools Rating 2/10), Southport High School (GreatSchools Rating 3/10), Excel Center - University Heights (GreatSchools Rating 2/10).

According to the records, the last property tax for 2023 is $3,926 (source: MLS/based on county public records data).

The property at 5631 Shelby St has 5 bedrooms and 3 bathrooms.

The property 5631 Shelby St is 2,776 SqFt (source: MLS/tax record).

The year of construction for 5631 Shelby St is 1976.

This home is located at 5631 Shelby St in Indianapolis, IN and zip code 46227 in the Elders Edgewood neighborhood. This 2,776 square foot home, which was built in 1976, sits on a 0.46 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 26, 2025 and is currently priced at $375,000.

In June 2025, from all listings sold in Indianapolis, IN there were more than 266 sold above asking price, over 527 sold below and more than 276 were sold right at the asked price. The inventory of homes for sale in Indianapolis, IN between May and June 2025 decreased by 0.2%. While the average time on the market in June 2025 was 31 days, the median list price was $251,183.

From Rocket Homes Real Estate and based on county public records data.

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