2023 Shelby St
Indianapolis, IN 46203

$219,990

Price

—

Beds

—

Baths

1,848 Sq. Ft.

$119 / Sq. Ft.

1,848

Sq. Ft.

$119

per Sq. Ft.

Listed By Compass

2023 Shelby Street Indianapolis, IN 46203 - Photo 1 of 22

Description

Mixed Use Property Located in Vibrant Area on Historic Shelby Street. At the Corner of Shelby & Raymond, with hundreds of vehicle traffic options every day, this property gives options of branding to many, while having a 2nd Floor Apartment for Additional Income. 1st Floor could have multiple work areas or left as-is for a multitude of business options. Out front business parking, plus alley access and additional parking. Garage is currently being used as a shop or additional storage options. Just...Mixed Use Property Located in Vibrant Area on Historic Shelby Street. At the Corner of Shelby & Raymond, with hundreds of vehicle traffic options every day, this property gives options of branding to many, while having a 2nd Floor Apartment for Additional Income. 1st Floor could have multiple work areas or left as-is for a multitude of business options. Out front business parking, plus alley access and additional parking. Garage is currently being used as a shop or additional storage options. Just down the street from vibrant Fountain Square, minutes from Downtown Indy and a great option to start, relocate or change your business location. This mixed use option is rare for the area at this price point. Take a look today and see how this matches your future business options.

Listing Agents

Jason Hess
Listing Agent
Compass
jason.hess@compass.com
P: (317)-716-9258
Call Text Email
Richie Holmes
Alternative Listing Agent
Compass
richie.holmes@compass.com
P: (317)-660-1355
Call Text Email

Property Details for 2023 Shelby Street

Township

Center

Waterfront

Zoning

Mixed Use

LISTING UPDATED: 11/27/2025 09:58 AM

Property Details for 2023 Shelby Street

Status	Active
MLS #	22067104
Days on Market	77
Taxes	$580 semi-annually
HOA Fees	-
Condo/Co-op Fees	-
Compass Type	Mixed Use
MLS Type	Commercial Sale / Mixed Use
Year Built	1925
Lot Size	0.13 AC / 5,662 SF
County	Marion County

Location

Add your commute

Virtual Tour

Building Information for 2023 Shelby Street

Stories2Residences-Year Built1925Lot Size0.13 AC / 5,662 SF

Payment Calculator

$1,184 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,087

Property Taxes

$97

HOA Dues

The Payment Calculator is for illustrative purposes only.

Property Information for 2023 Shelby Street

Summary

Location and General Information

City: Indianapolis
County Or Parish: Marion

Directions: GPS Friendly
Postal Code: 46203
Postal Code Plus4: 4045
Road Access: Access Rd,Frontage Road,See Remarks
State Or Province: IN
View: City, Neighborhood
View: Yes

Taxes and HOA Information

Parcel Number: 491018140009000101
Semi Annual Property Tax Amt: 580

Tax Year: 2024
TaxLot: 49-10-18-140-009.000-101

School Information

School District: Indianapolis Public Schools

Property

Lot Information

Acreage: <1/4 Acre
Current Use: Office, Residential

Lot Size Square Feet: 5445.0
Lot Size Acres: 0.13
New Construction: False
Stories: 2
Possible Use: Office, Residential
Space Available: 2
Sq Ft Total: 1848.0
Year Built Numeric: 1925

Property and Assessments

Affected by Disclosures: No
DPRYN: No

Legal Subdivision: Louthain & Co S Se Add L3 B1
Photos Count: 22
Property Sub Type: Mixed Use
Property Type: Commercial Sale
Transaction Type: Sale

Utilities

Electric: 200+ Amp Service
Sprinkler: None

Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Interior and Exterior Features

Exterior Features

Roof: Shingle
Fencing: Fence Complete, Full, Front Yard

Interior Features

Cooling: Central Air
Heating: Forced Air, Natural Gas

Rental

Rental Information

Multi Tenants: Yes

Property History for 2023 Shelby Street

Date	Event & Source	Price	Appreciation
Nov 27, 2025	Price Change MIBORMLS #22067104	$219,990	—
Oct 8, 2025	Listed (Active) MIBORMLS #22067104	$229,990	—
Aug 18, 2025	Expired MIBORMLS #22049101		—
Aug 18, 2025	Withdrawn MIBORMLS #22049101		—
Jul 8, 2025	Listed (Active) MIBORMLS #22049101	$249,900	—
Jun 17, 2025	Expired MIBORMLS #22028616		—
Jun 17, 2025	Expired MIBORMLS #22029280		—
Jun 17, 2025	Withdrawn MIBORMLS #22028616		—
Jun 17, 2025	Withdrawn MIBORMLS #22029280		—
May 25, 2025	Price Change MIBORMLS #22028616	$290,650	—
May 25, 2025	Price Change MIBORMLS #22029280	$290,650	—
May 24, 2025	Price Change MIBORMLS #22029280	$290,800	—
May 24, 2025	Price Change MIBORMLS #22028616	$290,800	—
May 23, 2025	Price Change MIBORMLS #22028616	$290,950	—
May 23, 2025	Price Change MIBORMLS #22029280	$290,950	—
May 22, 2025	Price Change MIBORMLS #22028616	$291,100	—
May 22, 2025	Price Change MIBORMLS #22029280	$291,100	—
May 21, 2025	Price Change MIBORMLS #22028616	$291,250	—
May 21, 2025	Price Change MIBORMLS #22029280	$291,250	—
May 20, 2025	Price Change MIBORMLS #22028616	$291,400	—
May 20, 2025	Price Change MIBORMLS #22029280	$291,400	—
May 19, 2025	Price Change MIBORMLS #22028616	$291,550	—
May 19, 2025	Price Change MIBORMLS #22029280	$291,550	—
May 19, 2025	Price Change MIBORMLS #22028616	$291,700	—
May 19, 2025	Price Change MIBORMLS #22029280	$291,700	—
May 17, 2025	Price Change MIBORMLS #22028616	$291,850	—
May 17, 2025	Price Change MIBORMLS #22029280	$291,850	—
May 16, 2025	Price Change MIBORMLS #22028616	$292,000	—
May 16, 2025	Price Change MIBORMLS #22029280	$292,000	—
May 15, 2025	Price Change MIBORMLS #22028616	$292,150	—
May 15, 2025	Price Change MIBORMLS #22029280	$292,150	—
May 14, 2025	Price Change MIBORMLS #22028616	$292,300	—
May 14, 2025	Price Change MIBORMLS #22029280	$292,300	—
May 13, 2025	Price Change MIBORMLS #22028616	$292,450	—
May 13, 2025	Price Change MIBORMLS #22029280	$292,450	—
May 12, 2025	Price Change MIBORMLS #22028616	$292,600	—
May 12, 2025	Price Change MIBORMLS #22029280	$292,600	—
May 11, 2025	Price Change MIBORMLS #22028616	$292,750	—
May 11, 2025	Price Change MIBORMLS #22029280	$292,750	—
May 9, 2025	Price Change MIBORMLS #22029280	$293,050	—
May 9, 2025	Price Change MIBORMLS #22028616	$293,050	—
May 8, 2025	Price Change MIBORMLS #22029280	$293,200	—
May 8, 2025	Price Change MIBORMLS #22028616	$293,200	—
May 6, 2025	Price Change MIBORMLS #22029280	$293,350	—
May 6, 2025	Price Change MIBORMLS #22028616	$293,350	—
May 5, 2025	Price Change MIBORMLS #22029280	$293,500	—
May 5, 2025	Price Change MIBORMLS #22028616	$293,500	—
May 5, 2025	Price Change MIBORMLS #22029280	$293,350	—
May 5, 2025	Price Change MIBORMLS #22028616	$293,350	—
May 5, 2025	Price Change MIBORMLS #22028616	$293,500	—
May 5, 2025	Price Change MIBORMLS #22029280	$293,500	—
May 4, 2025	Price Change MIBORMLS #22029280	$293,650	—
May 4, 2025	Price Change MIBORMLS #22028616	$293,650	—
May 2, 2025	Price Change MIBORMLS #22029280	$293,800	—
May 2, 2025	Price Change MIBORMLS #22028616	$293,800	—
Apr 29, 2025	Price Change MIBORMLS #22028616	$293,950	—
Apr 29, 2025	Price Change MIBORMLS #22029280	$293,950	—
Apr 28, 2025	Price Change MIBORMLS #22028616	$294,100	—
Apr 28, 2025	Price Change MIBORMLS #22029280	$294,100	—
Apr 28, 2025	Price Change MIBORMLS #22028616	$294,400	—
Apr 28, 2025	Price Change MIBORMLS #22029280	$294,400	—
Apr 25, 2025	Price Change MIBORMLS #22029280	$294,550	—
Apr 25, 2025	Price Change MIBORMLS #22028616	$294,550	—
Apr 24, 2025	Price Change MIBORMLS #22029280	$294,700	—
Apr 24, 2025	Price Change MIBORMLS #22028616	$294,700	—
Mar 24, 2025	Listed (Active) MIBORMLS #22028616	$295,000	—
Mar 24, 2025	Listed (Active) MIBORMLS #22029280	$295,000	—
Mar 30, 2004	Sold MIBORMLS #2362862	$16,000	—
Mar 19, 2004	Pending MIBORMLS #2362862		—
Dec 11, 2003	Listed (Active) MIBORMLS #2362862	$24,480	—
Dec 10, 2003	Expired MIBORMLS #2331282		—
Jun 10, 2003	Listed (Active) MIBORMLS #2331282	$32,100	—

Date	Event & Source	Price
11/27/2025	Price Change MIBORMLS #22067104	$219,990
10/08/2025	Listed (Active) MIBORMLS #22067104	$229,990
08/18/2025	Expired MIBORMLS #22049101	—
08/18/2025	Withdrawn MIBORMLS #22049101	—
07/08/2025	Listed (Active) MIBORMLS #22049101	$249,900
06/17/2025	Expired MIBORMLS #22028616	—
06/17/2025	Expired MIBORMLS #22029280	—
06/17/2025	Withdrawn MIBORMLS #22028616	—
06/17/2025	Withdrawn MIBORMLS #22029280	—
05/25/2025	Price Change MIBORMLS #22028616	$290,650
05/25/2025	Price Change MIBORMLS #22029280	$290,650
05/24/2025	Price Change MIBORMLS #22029280	$290,800
05/24/2025	Price Change MIBORMLS #22028616	$290,800
05/23/2025	Price Change MIBORMLS #22028616	$290,950
05/23/2025	Price Change MIBORMLS #22029280	$290,950
05/22/2025	Price Change MIBORMLS #22028616	$291,100
05/22/2025	Price Change MIBORMLS #22029280	$291,100
05/21/2025	Price Change MIBORMLS #22028616	$291,250
05/21/2025	Price Change MIBORMLS #22029280	$291,250
05/20/2025	Price Change MIBORMLS #22028616	$291,400
05/20/2025	Price Change MIBORMLS #22029280	$291,400
05/19/2025	Price Change MIBORMLS #22028616	$291,550
05/19/2025	Price Change MIBORMLS #22029280	$291,550
05/19/2025	Price Change MIBORMLS #22028616	$291,700
05/19/2025	Price Change MIBORMLS #22029280	$291,700
05/17/2025	Price Change MIBORMLS #22028616	$291,850
05/17/2025	Price Change MIBORMLS #22029280	$291,850
05/16/2025	Price Change MIBORMLS #22028616	$292,000
05/16/2025	Price Change MIBORMLS #22029280	$292,000
05/15/2025	Price Change MIBORMLS #22028616	$292,150
05/15/2025	Price Change MIBORMLS #22029280	$292,150
05/14/2025	Price Change MIBORMLS #22028616	$292,300
05/14/2025	Price Change MIBORMLS #22029280	$292,300
05/13/2025	Price Change MIBORMLS #22028616	$292,450
05/13/2025	Price Change MIBORMLS #22029280	$292,450
05/12/2025	Price Change MIBORMLS #22028616	$292,600
05/12/2025	Price Change MIBORMLS #22029280	$292,600
05/11/2025	Price Change MIBORMLS #22028616	$292,750
05/11/2025	Price Change MIBORMLS #22029280	$292,750
05/09/2025	Price Change MIBORMLS #22029280	$293,050
05/09/2025	Price Change MIBORMLS #22028616	$293,050
05/08/2025	Price Change MIBORMLS #22029280	$293,200
05/08/2025	Price Change MIBORMLS #22028616	$293,200
05/06/2025	Price Change MIBORMLS #22029280	$293,350
05/06/2025	Price Change MIBORMLS #22028616	$293,350
05/05/2025	Price Change MIBORMLS #22029280	$293,500
05/05/2025	Price Change MIBORMLS #22028616	$293,500
05/05/2025	Price Change MIBORMLS #22029280	$293,350
05/05/2025	Price Change MIBORMLS #22028616	$293,350
05/05/2025	Price Change MIBORMLS #22028616	$293,500
05/05/2025	Price Change MIBORMLS #22029280	$293,500
05/04/2025	Price Change MIBORMLS #22029280	$293,650
05/04/2025	Price Change MIBORMLS #22028616	$293,650
05/02/2025	Price Change MIBORMLS #22029280	$293,800
05/02/2025	Price Change MIBORMLS #22028616	$293,800
04/29/2025	Price Change MIBORMLS #22028616	$293,950
04/29/2025	Price Change MIBORMLS #22029280	$293,950
04/28/2025	Price Change MIBORMLS #22028616	$294,100
04/28/2025	Price Change MIBORMLS #22029280	$294,100
04/28/2025	Price Change MIBORMLS #22028616	$294,400
04/28/2025	Price Change MIBORMLS #22029280	$294,400
04/25/2025	Price Change MIBORMLS #22029280	$294,550
04/25/2025	Price Change MIBORMLS #22028616	$294,550
04/24/2025	Price Change MIBORMLS #22029280	$294,700
04/24/2025	Price Change MIBORMLS #22028616	$294,700
03/24/2025	Listed (Active) MIBORMLS #22028616	$295,000
03/24/2025	Listed (Active) MIBORMLS #22029280	$295,000
03/30/2004	Sold MIBORMLS #2362862	$16,000
03/19/2004	Pending MIBORMLS #2362862	—
12/11/2003	Listed (Active) MIBORMLS #2362862	$24,480
12/10/2003	Expired MIBORMLS #2331282	—
06/10/2003	Listed (Active) MIBORMLS #2331282	$32,100

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2023 Shelby Street

Taxable ValueLand$4,800Additions$44,100Total$48,900

Tax Record2024$1,160 ($97 / month)

Home Facts

Beds4Total Finished SqFt1,848 SqFtAbove Grade Finished SqFt1,848 SqFtStories1Lot Size5,445 SqFtStyleSingle Family ResidenceYear Built1925CountyMARIONAPN49-10-18-140-009.000-101

Schools near 2023 Shelby Street

This home is within Indianapolis Public Schools.


Rating	School	Type	Grades	Distance
3/10	Ralph Waldo Emerson School 58	Public - Serves this home	PK to 6	3.4 mi
3/10	Christian Park School 82	Public - Serves this home	PK to 6	3.0 mi
7/10	William McKinley School 39	Public - Serves this home	PK to 6	1.4 mi
5/10	George W. Julian School 57	Public - Serves this home	PK to 8	4.0 mi
1/10	George Washington Community High School (9-12)	Public - Serves this home	9 to 12	3.6 mi
2/10	Arlington Woods School 99	Public - Nearby school	PK to 6	5.2 mi
NR	Emmaus Lutheran School	Private - Nearby school	PK to 5	0.7 mi


Rating	School	Distance
3/10	Ralph Waldo Emerson School 58 PublicPK to 6 Serves this home	3.4 mi
3/10	Christian Park School 82 PublicPK to 6 Serves this home	3.0 mi
7/10	William McKinley School 39 PublicPK to 6 Serves this home	1.4 mi
5/10	George W. Julian School 57 PublicPK to 8 Serves this home	4.0 mi
1/10	George Washington Community High School (9-12) Public9 to 12 Serves this home	3.6 mi
2/10	Arlington Woods School 99 PublicPK to 6 Nearby school	5.2 mi
NR	Emmaus Lutheran School PrivatePK to 5 Nearby school	0.7 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

Explore Nearby Homes

More information about 2023 Shelby Street, Indianapolis, IN 46203

2023 Shelby Street is a mixed use property for sale in Indianapolis, IN 46203. This property was listed for sale on October 8, 2025 by Compass, it's currently listed at $219,990. It has been on the market for a total of 77 days and was last sold on March 30, 2004. This listing's school district is Indianapolis Public Schools. Nearby schools include Ralph Waldo Emerson School 58, Christian Park School 82 and William McKinley School 39. 2023 Shelby Street is a 0-bed, 0-bath, 1,848 sqft mixed use property built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/24/2025 02:35 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.

2023 Shelby StIndianapolis, IN 46203

Explore Nearby Homes

Homes in Nearby Garfield Park Neighborhoods

Homes in Nearby Garfield Park Cities

Homes in Nearby Garfield Park Zip Codes

More information about 2023 Shelby Street, Indianapolis, IN 46203

2023 Shelby St
Indianapolis, IN 46203