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Photo 1 of 9: Corner lot on the NW side of the neighborhood. View is looking from Franklin St to the back.
Corner lot on the NW side of the neighborhood. View is looking from Franklin St to the back.
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178 W Franklin Street, Shelbyville, IN 46176

Hamilton Major · Shelby County

Key Facts

4Beds
3Baths
2,400Sq Ft
2026Year Built
0.17Lot (acres)
2Garage

Description

Prime Downtown Living Opportunity - 178 W Franklin St, Shelbyville Discover an exceptional opportunity to build the home of your dreams with Rubicon in the heart of downtown Shelbyville. Perfectly situated to enjoy all the vibrant amenities, dining, shopping, and community events the area has to offer, 178 W Franklin St provides an unparalleled blend of convenience and customization. This premier homesite allows you to select your preferred floor plan, building materials, and interior finishes-ensuring your residence reflects your personal style and vision. All homes within this enclave must meet the distinguished Hamilton Major Architectural Standards, which guide design and quality. These selections will influence the final cost and ensure a cohesive, high-end community aesthetic. Each home must include: * A minimum of 2,400 square feet with a max of 1200 on ground level * A private garage * Architectural elements consistent with Hamilton Major guidelines Opportunities like this-where you can create a customized home in such a desirable, walkable location-are truly rare. Don't miss your chance to craft a distinctive, tailored residence in one of Shelbyville's most sought-after areas. Build your dream home at 178 W Franklin St-where convenience, quality, and customization come together.

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Style

Other

Year Built

2026

Living Area

2,400 sq ft

Lot Size

0.17 acres

Garage Spaces

2

Days on Market

3

MLS® Listing#

22074376

Property Features

Interior

Walk-In Closet(s)

Appliances

None

Cooling

Central Air

Heating

Forced Air

Parking

Detached

Lot Features

City Lot

Construction

Other

Foundation

Other

Water Source

Public

Schools

Middle:
Shelbyville Middle School
High:
Shelbyville Sr High School

Financial Details

HOA

None

Parcel Number

730731400407000002

Directions

GPS Friendly

Affordability Calculator

$76,000

Estimated monthly payment

$2,023/mo

Principal $304,000 · Est. interest $424,107 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Shelbyville, IN

$282,540
Median Listing Price
49
Median Days on Market
1,872
Median Sq Ft
$147
Median Price / Sq Ft
86
Active Listings
  • This home’s price is 34% above the area median.
  • Its price per sq ft is 8% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Shelbyville, IN.

Location

Map showing the location of 178 W Franklin Street, Shelbyville, IN 46176

Points of Interest in Shelbyville, IN

Showing the Shelbyville area map.

Nearby Schools

  • Discovery Preschool

    School · 0.1 mi away

  • The Excel Center

    Secondary · 0.2 mi away

  • St Joseph Catholic School

    Elementary · 0.5 mi away

  • Blue River Career Programs

    Secondary · 1.0 mi away

  • Shelbyville Central Schools

    Elementary · 1.0 mi away

  • Hendricks Elementary School

    Elementary · 1.1 mi away

  • Shelbyville Central Schools

    School · 1.2 mi away

  • Coulston Elementary School

    Elementary · 1.3 mi away

  • Apostolic Christian School

    Secondary · 1.3 mi away

  • Loper Elementary School

    Elementary · 1.3 mi away

  • Shelbyville High School

    Secondary · 1.4 mi away

  • Shelbyville Middle School

    Secondary · 1.5 mi away

  • Shelby Eastern Schools

    School · 6.4 mi away

  • Southwestern Consolidated Schools of Shelby County

    Secondary · 6.8 mi away

  • Southwestern Elementary School

    Elementary · 6.8 mi away

  • Triton Central Middle School

    Secondary · 7.7 mi away

  • Triton Central High School

    Secondary · 7.7 mi away

  • Northwestern Consolidated School

    School · 7.7 mi away

  • Triton Central Elementary School

    Elementary · 7.8 mi away

  • Waldron Junior-Senior High School

    Secondary · 8.1 mi away

Commute Calculator

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Nearby Homes

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Similar Home Values

Comparable nearby listings and their asking prices.

Moving Cost Estimate

EXIT Agents in Shelbyville

Listing Courtesy: Nolley Realty Services, LLC - 3174038594

Listings courtesy of MIBOR as distributed by MLS GRID. IDX information is provided exclusively for consumers’ personal non-commercial use. This data may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed by MLS GRID, use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Last Updated: 2025-11-20

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Data provided by MIBOR. MLS® Listing#22074376. © 2026EXIT Realty®. All rights reserved.