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223 N Knightstown Rd, Shelbyville, IN, 46176

2beds
1baths
1,088sqft
$114,900
$106price/sqft
$837/moest. monthly cost
$33,480/yrincome needed

About This Home

This 2bedroom, 1bath home offers convenient access to schools, shopping, parks, and I74 for easy everyday living. A shared driveway leads to a spacious backyard, while the covered front porch provides a relaxing spot to unwind. Inside, you'll find a comfortable living room, a dining room with a cathedralstyle ceiling and breakfast bar, and a kitchen with appliances included. The washer and dryer also remain.

Getting Around

9
WalkingCar-Dependent
0
TransitVery Limited Transit
30
BikeSomewhat Bikeable

Schools

5/10
6/10
6/10

Construction

Condition

  • Property condition: Fixer
  • Year built: 1930

Materials

  • Foundation: Block
  • Construction materials: Aluminum Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dryer,Gas Water Heater,Gas Oven,Refrigerator,Washer
  • Laundry features: Laundry Closet

Bedroom2

  • Level: Main
  • Area: 120
  • Dimensions: 15x08

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Dining Room

  • Level: Main
  • Area: 135
  • Dimensions: 15x09

Features

  • Cathedral Ceiling(s)

Heating & Cooling

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

Interior Area

  • Total structure area: 1,088
  • Total interior livable area: 1,088 sqft

Kitchen

  • Level: Main
  • Area: 135
  • Dimensions: 15x09

Laundry

  • Level: Main
  • Area: 25
  • Dimensions: 05x05

Living Room

  • Level: Main
  • Area: 225
  • Dimensions: 15x15

Master Bedroom

  • Level: Main
  • Area: 180
  • Dimensions: 12x15

Property

Details

  • Parcel number: 730733100106000002
  • Special condition: As Is,Estate
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Deck

Lot

  • Lot size: 8,276 sqft
  • Features: Access,Not In Subdivision,Street Lights

Parking

  • Parking features: Gravel,Other

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 $580$6,960
Home Insurance *$71$852
Property Taxes $2$24
Electricity $184$2,212
Total$837$10,044
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$28,697/yr
40% on housing$25,110/yr
45% on housing$22,320/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

$106This listing

vs Other Active Listings

Avg $/sqft

ZIP 46176$110
Shelby County$111

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
2026-07-22Price change$114,900
2026-07-16Price change$129,900
2026-07-07Listed for sale$134,900
2004-09-27Sold$62,000

For Sale by Agent

AgentAmy Limpus
BrokerageThe Property Shop of Indiana

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