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2329 Bear Oak Run, Shelbyville, IN, 46176

3beds
2baths
1,520sqft
$269,990
$178price/sqft
$1,865/moest. monthly cost
$74,600/yrincome needed

About This Home

Welcome to 2329 Bear Oak Run, Shelbyville, Indiana — a stunning new construction home built by M/I Homes. This thoughtfully designed home offers 1,520 square foot of well-planned living space, featuring 3 bedrooms, 2 full bathrooms, and a convenient single-story layout. Key Features: 2-car garage Owner's en-suite bathroom Electric fireplace Step inside to discover an open-concept living space that creates a seamless flow between the kitchen, dining, and living areas — perfect for everyday living and entertaining alike. The quality of design is evident throughout, from the carefully selected finishes to the functional layout that maximizes every square foot of the home. The Bear Run community provides a welcoming atmosphere, with proximity to parks that offer opportunities for outdoor recreation and relaxation. The area is well-suited for those who enjoy access to green spaces and a friendly neighborhood setting. Every detail of this home has been crafted with care, reflecting M/I Homes' commitment to quality construction and intelligent design. From the functional floorplan to the refined finishes, this home delivers comfort and style in equal measure. This is an excellent opportunity to own a brand-new home with the personalization options and quality that new construction provides.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

6/10
6/10

Construction

Condition

  • Property condition: New Construction,Under Construction
  • New construction: Yes
  • Year built: 2026

Other

  • Builder name: M/I Homes

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Interior Area

  • Total interior livable area: 1,520 sqft

Property

Features

  • Levels: 1.0
  • Stories: 1

Parking

  • Total spaces: 2
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage 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
    TornadoVery High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Tornado
Strong Wind
Winter Weather
Cold Wave
Earthquake
Hail
Inland Flooding
Ice Storm
Lightning

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

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

MonthlyAnnual
Mortgage $1,365$16,380
Home Insurance *$166$1,992
Property Taxes $150$1,800
Electricity $184$2,212
Total$1,865$22,380
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$63,942/yr
40% on housing$55,950/yr
45% on housing$49,733/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How 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.

Insurance Growth Rate5-year average: 9.5%
9.5%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 3.2%
3.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$178This listing

vs Other Active Listings

Avg $/sqft

ZIP 46176$109
Shelby County$110

vs Homes Sold Last Month

Median $/sqft

ZIP 46176$120
Shelby County$117

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

DateEventPrice
2026-05-08Price change$279,990
2026-04-05Listed for sale$285,859

New Construction Spec

AgentM/I Homes of Indiana, L.P.
BrokerageM/I Homes

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