2318 Marjorie Way, Shelbyville, IN, 46176
About This Home
Discover this stunning new construction home for sale at 2318 Marjorie Way in Shelbyville. This thoughtfully designed single-story home offers 3 bedrooms, 2 full bathrooms, an electric fireplance, an owner's en-suite bathroom, a 2-car garage, and more! This home showcases excellent design quality throughout, featuring an open-concept floorplan that creates seamless flow between living areas. The layout maximizes both functionality and comfort, making it ideal for today's lifestyle needs. The neighborhood offers a welcoming environment with easy access to local parks, providing opportunities for outdoor recreation and family activities. The area's proximity to parks enhances the quality of life for residents who enjoy spending time outdoors. 3218 Marjorie Way combines practical design with quality construction, offering an excellent opportunity for buyers seeking a well-built new construction home in Shelbyville!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: New Construction
- New construction: Yes
- Year built: 2026
Materials
- Foundation: Slab
- Construction materials: Cement Siding,Stone,Vinyl Siding
Other
- Builder name: M/I Homes
Type & Style
- Home type: SingleFamily
- Architectural style: Other
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Electric Water Heater,Disposal,Microwave,Gas Oven
- Laundry features: Laundry Room,Main Level
Bedroom2
- Level: Main
- Area: 121
- Dimensions: 11 x 11
Bedroom3
- Level: Main
- Area: 90
- Dimensions: 9 x 10
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Breakfast Room
- Level: Main
- Area: 126
- Dimensions: 9 x 14
Family Room
- Level: Main
- Area: 210
- Dimensions: 15 x 14
Features
- Attic Access,Double Vanity,Breakfast Bar,Kitchen Island,Pantry,Smart Thermostat,Walk-In Closet(s)
- Number of fireplaces: 1
- Fireplace features: Electric,Family Room
- Fireplace: Yes
- Attic: Access Only
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 1,460
- Total interior livable area: 1,460 sqft
Kitchen
- Level: Main
- Area: 140
- Dimensions: 10 x 14
Laundry
- Level: Main
- Area: 48
- Dimensions: 6 x 8
Master Bedroom
- Level: Main
- Area: 182
- Dimensions: 13 x 14
Property
Details
- Parcel number: 731109400574000002
- Horse amenities: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch
- Exterior features: Lighting
Lot
- Lot size: 6,534 sqft
- Features: Sidewalks
Parking
- Total spaces: 2
- Parking features: Attached,Garage Door Opener
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tornado
- Strong Wind
- Winter Weather
- Cold Wave
- Earthquake
- Hail
- Inland Flooding
- Ice Storm
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,355 | $16,260 |
| Home Insurance * | $165 | $1,980 |
| Property Taxes | $149 | $1,788 |
| Electricity | $184 | $2,212 |
| Total | $1,853 | $22,236 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
WildfireHailWindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-30 | Price change | $269,990 |
| 2026-04-03 | Price change | $274,990 |
| 2026-02-09 | Listed for sale | $289,820 |
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