See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

106 W Chestnut St, Fairland, IN, 46126

2beds
1baths
672sqft
$170,000
$253price/sqft
$1,469/moest. monthly cost
$58,760/yrincome needed

About This Home

This awesome bungalow is nestled just 20 Min from Indy and 10 min from Shelbyville in the quaint town of Fairland. Old town feel with close proximity to so much! This home has been completely torn to original concrete walls and rebuilt to a beautiful home anyone would love to call their own. Featuring 9 ft ceilings, neutral decor and nice finishes.Kitchen boasts beautiful cabinetry with 42" uppser cabinets and crownmoulding. Perfect starter or downsize home also offers a fenced in side lot with 10X8 mini barn and room to build a garage. Stackable washer and dryer, stainless appliances and all the bells and whistles anyone would need. Tankless water heater, new water softener system. Brand new well and 200 amp electrical service. Walking distance to Dollar General, and Cutting Edge pizzaria, with summertime scoops ice cream shop. Come see what this home has to offer. Preliminary title work ordered with Near North Title in Shelbyville- Schedule appts for showings thru BEXA 360 app online only... NO BROKER BAY/SUPRA No Saturday response times.... Easy go and show.

Getting Around

14
WalkingCar-Dependent
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

6/10
8/10

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1966

Materials

  • Foundation: Slab
  • Construction materials: Block,Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Electric Oven,Tankless Water Heater,Washer,Water Softener Owned
  • Laundry features: Laundry Closet

Bedroom2

  • Level: Main
  • Area: 96
  • Dimensions: 8X12

Bedrooms & Bathrooms

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

Features

  • Ceiling Fan(s)

Heating & Cooling

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

Interior Area

  • Total structure area: 672
  • Total interior livable area: 672 sqft

Kitchen

  • Level: Main
  • Area: 117
  • Dimensions: 13x9

Living Room

  • Level: Main
  • Area: 180
  • Dimensions: 15x12

Master Bedroom

  • Level: Main
  • Area: 132
  • Dimensions: 11X12

Property

Details

  • Parcel number: 730609400208000027
  • Special condition: Defects/None Noted
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 5,662 sqft

Parking

  • Parking features: Gravel

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
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Drought
Hail
Inland Flooding
Ice Storm
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 $859$10,308
Home Insurance *$111$1,332
Property Taxes $315$3,780
Electricity $184$2,212
Total$1,469$17,628
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$50,365/yr
40% on housing$44,070/yr
45% on housing$39,173/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

$253This listing

vs Other Active Listings

Avg $/sqft

ZIP 46126$127
Shelby County$111

vs Homes Sold Last Month

Median $/sqft

ZIP 46126$153
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
2026-04-29Listed for sale$182,500

For Sale by Agent

AgentShawn Goolsby
BrokerageOlympus Realty Group

Similar Homes