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5631 Shelby Street

Indianapolis, IN 46227

5 beds
3 baths
2,776 sqft
~1/2 acre lot
$135 per sqft
1976 build

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!

Listing courtesy of MIBOR / REALTY WORLD-Harbert Company

Last checked: Checking… • Last updated Jul 11, 2025 •

MLS# 22046719 —

The Building

Year Built:

1976
New Construction:

false
Builder Name:

Custom Built
Construction Materials:

Stone, Wood Siding
Architectural Style:

Craftsman, Traditional
Foundation Details:

Crawl Space, Block
Levels:

One and One Half
Basement:

false
Exterior Features:

Barn Mini, Storage, Exterior Handicap Accessible, Storage Shed
Patio And Porch Features:

Covered, Screened
Accessibility Features:

Yes
Accessibility Features:

Hallway - 36 Inch Wide, Accessible Approach with Ramp, Accessible Doors, Accessible Entrance, Accessible Full Bath, Threshold ½” or less
Smart Home Features:

Thermostat - Programmable,Thermostat - WiFi
Upper SqFt:

690
Building Area Total:

2776

Interior

Rooms:

10
Rooms Total:

10
Rooms Total:

10
Interior Features:

Cathedral Ceiling(s), High Ceilings, Entrance Foyer, Paddle Fan, Handicap Accessible Interior, Hi-Speed Internet Availbl, In-Law Arrangement, Supplemental Storage
Kitchen Features:

Kitchen Some Updates
Eating Area:

Breakfast Room
Laundry Features:

Connections All, Laundry Room, Main Level
Fireplaces Total:

1
Fireplace Features:

Great Room, Masonry

Room Dimensions

SqFt:

2776
Main Level SqFt:

2086
Living Area:

2776

Location

Directions:

GPS Friendly
Latitude:

39.683953
Longitude:

-86.139094

The Property

View:

true
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Parcel Number:

491506139006000500
Acres:

1/4-1/2 Acre
Lot Features:

Not In Subdivision, Mature Trees
Lot Size Acres:

0.46
Lot Size SqFt:

19,994 Sqft
Price Per Acre:

815217
Property Condition:

Updated/Remodeled
Horse Amenities:

None

Listing Agent

Contact info:

Taxes

Tax Lot:

45 & 46
Tax Year:

2024
Tax Exemptions:

Homestead Tax Exemption,Other Tax Exemption/See Remarks
Semi Annual Property Tax Amt:

1806

Beds

Beds:

5
Bedrooms:

5
Bedrooms Total:

5
Main Level Bedrooms:

3
# of Bedrooms Upper:

2

Baths

Baths:

3
Full Baths:

3
Full Baths:

3
Full Baths Main:

2
Full Baths Upper:

1

The Listing

Inspection Warranties:

Not Applicable

Heating & Cooling

Heating:

Zoned, Forced Air, Natural Gas, High Efficiency (90%+ AFUE )
Cooling:

Central Air

Utilities

Utilities:

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

Private
Solid Waste:

Yes

Appliances

Appliances:

Dishwasher, Dryer, MicroHood, Gas Oven, Refrigerator, Washer

Schools

High School District:

Perry Township Schools

The Community

Subdivision Name:

Elders Edgewood
Association:

false

Parking

Parking Features:

Attached, RV Access/Parking, Storage
Garage:

true
Garage Spaces:

2
Garage & Parking:

Finished Garage
Garage SqFt:

420

Monthly cost estimate

Asking price

$375,000

Expense	Monthly cost
Mortgage	$2,008
Taxes	$301
Insurance	$103
Utilities	$159 See report
Total	$2,571/mo.^*
	^*This is an estimate

Explore the Area

My Commute

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Walk Score®

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Transit Score®

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Soundscore™

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Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
6/25/25 Jun 25, 2025	Listed / Active	MIBOR	$375,000

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This house located in West Edgewood, Indianapolis, IN 46227 is currently for sale for $375,000. 5631 Shelby Street is a 2,776 square foot house with 5 beds and 3 baths. 5631 Shelby Street is in the West Edgewood neighborhood of Indianapolis and has a WalkScore® of 45, making it car-dependent. This house is in the attendance area of Southport Middle School, Homecroft Elementary School, Southport 6th Grade Academy, and Southport High School.

Listing Courtesy of: MIBOR and REALTY WORLD-Harbert Company.

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