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5241 W Marietta Railroad Street, Shelbyville, IN
Welcome home to small town Marietta in Southwestern School District. This 1987 home has 2 bedrooms, and 1 updated full bath, plus a maintenance free exterior. The rooms have a fresh coat of paint, the kitchen flooring and water heater are newer, and all the appliances stay with the home. HVAC was serviced every year, the home has 200 amp electric service and larger gutters with leaf guards. You'll find a walk-in closet, shoe storage, and a private office/flex just off the primary bedroom. Inside the office is a trap door in the floor for a safe space from weather, or tons of storage! There's ample parking in the front of the home, and the owner used to store his vehicle in the largest storage building with an overhead door! You'll be within walking distance to the fireman's fish fry each year, and can watch the beautiful southwest Shelby County sunset right from your deck!
Property Type
Single Family
Style
Ranch
Year Built
1987
Lot Size
10,890 sqft
Price / Sqft
$177
Days on Market
4 days
Full Baths
1
Subdivision
No Subdivision
MLS #
MBR22091313
Listing Type
Residential
Market
MIBOR
Pending
Mar 27, 2026
5241 W Marietta Railroad Street, Shelbyville, IN 46176 — Shelby County
Sheri Jones
Hoosier, REALTORS®

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How this home compares across city, state, and national benchmarks
Listed at $195,000, this 2-bed house in Shelbyville is 29% above the Census median home value of $151,100 for Shelbyville. Compared to 16 other 2-bed homes in Shelbyville (averaging $187,050), this property is 4% above average. Indiana's median home value is $139,802, putting this listing 39% above the state benchmark. The U.S. national median home value is $334,900.
Where this listing falls among 101 homes for sale
Shelbyville has a population of 19,866 with a median household income of $58,532 and a homeownership rate of 57.4%. The median home value is $151,100 and the median rent is $970/mo.
Sources: U.S. Census Bureau ACS 2023, Fizbo listing data