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3465 W Smithland Freedom St, Shelbyville, IN, 46176

3beds
2baths
1,496sqft
$249,950
$167price/sqft
$1,660/moest. monthly cost
$66,400/yrincome needed

About This Home

Welcome to this spacious Shelbyville home offering over half an acre, a fully fenced backyard, generous living space, and a standout oversized detached garage/workshop. Inside, the home features a large kitchen and dining area with plenty of room for everyday living, hosting, and gathering. The oversized great room/living room addition gives the home a much more open and comfortable feel, creating a flexible central space to relax or entertain. Outside, the property offers an attached garage plus a 28' x 24' detached garage/workshop with concrete floor and electric- ideal for storage, hobbies, tools, equipment, or a dedicated workspace. The fully fenced backyard adds even more usability! Located 5 minutes from downtown Shelbyville, this property gives you a comfortable country-style setting while still keeping you close to town, local shops, restaurants, and everyday conveniences. With space inside and out, this home offers a great opportunity for a buyer looking for functionality, storage, and room to make it their own.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

7/10
5/10
Southwestern High SchoolGrades 7-121.4 mi

Construction

Condition

  • Year built: 1966

Materials

  • Foundation: Crawl Space
  • Construction materials: Brick,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,MicroHood,Electric Oven,Refrigerator,Water Heater

Bedroom2

  • Level: Main
  • Area: 121
  • Dimensions: 11X11

Bedroom3

  • Level: Main
  • Area: 100
  • Dimensions: 10x10

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Dining Room

  • Level: Main
  • Area: 140
  • Dimensions: 14x10

Features

  • Attic Access,Kitchen Island,Eat-in Kitchen
  • Attic: Access Only

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,496
  • Total interior livable area: 1,496 sqft

Kitchen

  • Level: Main
  • Area: 120
  • Dimensions: 12x10

Living Room

  • Level: Main
  • Area: 144
  • Dimensions: 12x12

Master Bedroom

  • Level: Main
  • Area: 144
  • Dimensions: 12x12

Property

Details

  • Parcel number: 731027200047000009
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1
  • Pool features: Outdoor Pool
  • Fencing: Fenced,Full

Lot

  • Lot size: 0.50 Acres
  • Features: Not In Subdivision,Rural - Not Subdivision

Parking

  • Total spaces: 4
  • Parking features: Attached,Detached,Workshop in Garage
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

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
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Drought
Hail
Inland Flooding
Lightning
Strong Wind
Winter Weather

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 $1,263$15,156
Home Insurance *$154$1,848
Property Taxes $59$708
Electricity $184$2,212
Total$1,660$19,920
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$56,914/yr
40% on housing$49,800/yr
45% on housing$44,266/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

$167This 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)

No zestimate history available

Price History

DateEventPrice
2026-08-02Price change$249,950
2026-06-04Listed for sale$260,000
2016-03-22Sold$136,500
2016-02-06Pending sale$133,000
2016-02-04Price change$133,000
2016-01-26Price change$141,000
2016-01-05Listed for sale$144,500
2002-07-30Sold$109,000

For Sale by Agent

AgentBlake Settles
BrokerageeXp Realty, LLC

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