5606 Shelby St

2,334 Sq. Ft.
$71 / Sq. Ft.
2,334
Sq. Ft.
$71
per Sq. Ft.

Description

Wonderful Opportunity Available in Elders-Edgewood... This Property Has Unbelievable Opportunities to Create the Home of Your Dreams! Update the Current 2 Bedroom & 1 Bath Floorplan at 1,167 Square Feet or Take Advantage of the Full Attic & the Full Basement to Create Up To 3,000 Square Feet of Finished Living Space. The Sky is the Limit! What's Truly Special is the Original Features that ALL Still Exist... Original Hardwood Floors, Original Hardwood Doors, Original Light Fixtures, Original Hardware...Wonderful Opportunity Available in Elders-Edgewood... This Property Has Unbelievable Opportunities to Create the Home of Your Dreams! Update the Current 2 Bedroom & 1 Bath Floorplan at 1,167 Square Feet or Take Advantage of the Full Attic & the Full Basement to Create Up To 3,000 Square Feet of Finished Living Space. The Sky is the Limit! What's Truly Special is the Original Features that ALL Still Exist... Original Hardwood Floors, Original Hardwood Doors, Original Light Fixtures, Original Hardware & So Much More! The Property is Being Sold As-Is, It Needs Work, But its a Perfect Choice for Every Investor... Don't Miss This Opportunity!
  1. Listed by Matthew Kresse • Red Oak Real Estate Group

Property Details for 5606 Shelby Street

Architectural Style
Cape Cod
Subdivision Name
Elders Edgewood
Township
Perry
LISTING UPDATED: 02/18/2026 05:03 PM

Property Details for 5606 Shelby Street

StatusClosed
MLS #22055701
Days on Market1
Taxes$1,327 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1940
Lot Size0.40 AC / 17,424 SF
CountyMarion County

Location

Listing Courtesy of Red Oak Real Estate Group

Sold By New Home Realty, Inc.

Add your commute

Building Information for 5606 Shelby Street

Stories-Year Built1940Building Size-Lot Size0.40 AC / 17,424 SF

Payment Calculator

$1,025 per month

30 year fixed, 6.15% Interest

Principal and Interest

$804

Property Taxes

$221

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5606 Shelby Street

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46227
  • Postal Code Plus4: 4658
  • State Or Province: IN
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 491401117038000500
  • Semi Annual Property Tax Amt: 1327
  • Tax Exemption: Homestead Tax Exemption
  • Tax Year: 2024
  • TaxLot: 47
School Information
  • School District: Perry Township Schools
Parking
  • Garage YN: Yes
  • Garage Parking Other: Service Door
  • Garage Spaces: 1.0
  • Garage SqFt: 360
Property
Lot Information
  • Acreage: 1/4-1/2 Acre
  • Lot Description: City Lot, Mature Trees
  • Lot Size Square Feet: 17511.0
  • Lot Size Acres: 0.4
  • Main Level SqFt: 1167
  • New Construction: False
  • Living SqFt: 0.0
  • Sqft Total: 1167.0
  • Sq Ft Total: 2334.0
  • Year Built Numeric: 1940
  • Below Grade Finished Area: 0.0
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: No
  • Inspection Warranties: Not Applicable
  • Legal Subdivision: Elders Edgewood Add S1/2 L47
  • Photos Count: 53
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
  • Buyer Financing: FHA
  • Property Condition: Fixer
Utilities
  • Solid Waste: Yes
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Water Source: Well, Private
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Foundation Details: Block
  • Horse Amenities: None
Interior Features
  • Accessibility Features: No
  • Appliances: None
  • Basement Description: Full, Unfinished
  • Basement YN: Yes
  • Cooling: None
  • Eating Area: Formal Dining Room
  • Fireplace Features: Family Room, Wood Burning
  • Fireplaces Total: 1
  • Heating: Forced Air, Natural Gas
  • Interior Features: Attic Access, Attic Stairway, Hardwood Floors, Eat-in Kitchen, WoodWorkStain/Painted
  • Levels: One
  • Additional Equipment: Sump Pump
  • Room List: Family Room, Dining Room, Kitchen, Primary Bedroom, Bedroom 2
  • Room and Features: Family Room-Main, Dining Room-Main, Kitchen-Main-Other, Primary Bedroom-Main, Bedroom 2-Main
  • Main Level Bedrooms: 2
  • Laundry Features: In Basement
  • Num Bedrooms Upper: 0
  • Num Bedrooms Basement: 0
  • Rooms Basement: 0
Room Information
Room Information
  • Rooms MU: 5
  • Rooms Total MU: 5
  • Total Rooms: 5
Room 1
  • Room Level: Main
  • Room Dimensions: 20x12
  • Room Type: Family Room
Room 2
  • Room Level: Main
  • Room Dimensions: 10x12
  • Room Type: Dining Room
Room 3
  • Room Level: Main
  • Room Dimensions: 12x12
  • Room Features: Other
  • Room Type: Kitchen
Room 4
  • Room Level: Main
  • Room Dimensions: 12x14
  • Room Type: Primary Bedroom
Room 5
  • Room Level: Main
  • Room Dimensions: 12x14
  • Room Type: Bedroom 2
Bathrooms
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total Count: 1
  • Full Baths Basement: 0
  • Full Baths Main: 1
  • Full Baths MU: 1
  • Full Baths Upper: 0
  • Half Baths Basement: 0
  • Half Baths Main: 0
  • Half Baths MU: 0
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 2
  • Bedrooms MU: 2
  • Bedrooms Total: 2

Property History for 5606 Shelby Street

DateEvent & SourcePriceAppreciation
Feb 13, 2026

Sold

MIBORMLS #22055701

$165,000—
Nov 29, 2025

Pending

MIBORMLS #22055701

—
Aug 8, 2025

Listed (Active)

MIBORMLS #22055701

$160,000—
DateEvent & SourcePrice
02/13/2026

Sold

MIBORMLS #22055701

$165,000
11/29/2025

Pending

MIBORMLS #22055701

—
08/08/2025

Listed (Active)

MIBORMLS #22055701

$160,000

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

Public Records for 5606 Shelby Street

Taxable ValueLand$28,500Additions$181,600Total$210,100
Tax Record2024$2,654 ($221 / month)
Home Facts
Beds2Total Finished SqFt1,167 SqFtAbove Grade Finished SqFt1,167 SqFtStories1Lot Size17,511 SqFtStyleSingle Family ResidenceYear Built1940CountyMARIONAPN49-14-01-117-038.000-500Fireplace TypeHas Fireplace

Schools near 5606 Shelby Street

This home is within Perry Township Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Homecroft Elementary School
PublicPK to 5

Southport 6th Grade Academy
Public6

Southport Middle School
Public7 to 8

Southport High School
Public9 to 12

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.

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Listing Courtesy of Red Oak Real Estate Group

Based on information submitted to the MLS GRID as of 02/18/2026 05:03 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.