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623 High St, Shoals, IN, 47581

3beds
1baths
1,696sqft
$36,500
$22price/sqft
$407/moest. monthly cost
$16,280/yrincome needed

About This Home

Located on a corner lot in Shoals, this property offers a great opportunity for someone looking for a renovation project. The home features approximately 1,696 sq ft of potential living space and has already been gutted down to the studs, giving the next owner a clean slate to bring their vision to life. Some basic floor joist work has been started in the living room, but the home will need extensive work throughout. With its corner lot location and spacious layout potential, this property could be a great investment, flip, rental, or future personal residence for the right buyer.

Getting Around

33
WalkingCar-Dependent
0
TransitVery Limited Transit
37
BikeSomewhat Bikeable

Schools

4/10
Shoals Middle SchoolGrades 6-80.6 mi

Construction

Condition

  • Year built: 1900

Materials

  • Construction materials: Wood Siding

Type & Style

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

Interior

Appliances

  • Appliances included: None

Basement

  • Has basement: Yes
  • Basement: Crawl Space,Partial

Bedroom1

  • Level: Main

Bedroom2

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 1

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,696

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Interior Area

  • Total structure area: 1,920
  • Total interior livable area: 1,696 sqft

Property

Details

  • Parcel number: 510630200075.000004

Features

  • Levels: One and One Half
  • Stories: 1

Lot

  • Lot size: 7,187 sqft
  • Features: Corner Lot
  • Lot size dimensions: 60 x 120

Parking

  • Total spaces: 1
  • Parking features: Carport
  • Has garage: Yes
  • Covered spaces: 1
  • Carport: Yes
  • Carport spaces: 1

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

  • Strong Wind
    Strong WindVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Strong Wind
Inland Flooding
Tornado
Winter Weather
Cold Wave
Drought
Heat Wave
Ice Storm
Lightning

FEMA Declared Disasters Across Indiana Counties

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado

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 $184$2,208
Home Insurance *$26$312
Property Taxes $13$156
Electricity $184$2,212
Total$407$4,884
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$13,954/yr
40% on housing$12,210/yr
45% on housing$10,853/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: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 5.1%
5.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$22This listing

vs Other Active Listings

Avg $/sqft

ZIP 47581$102
Martin County$98

vs Homes Sold Last Month

Median $/sqft

ZIP 47581
Martin County$159

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)

No zestimate history available

Price History

DateEventPrice
2026-06-30Listed for sale$36,500

For Sale by Agent

AgentBilly J Walker
BrokerageCentury 21 Classic Realty

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