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Opportunity awaits at 1209 Shelby St, Alexandria! This 3-bedroom, 2-bath fixer-upper sits on an impressive 12 lots, offering plenty of space, privacy, and potential. Whether you're an investor looking for your next flip project or a handy homeowner ready to build sweat equity, this property provides a rare chance to own a large parcel of land within city limits. Surrounded by scenic green space and mature trees, you'll enjoy a peaceful setting while still being close to local amenities. The home needs updates and repairs but offers solid potential for renovation, rental income, or a personalized homestead. With 12 lots included in the sale, there may also be future development or expansion possibilities. Bring your vision and unlock the possibilities this unique property has to offer! Property is being sold AS-IS.
Property Type(s):
Single Family
| Last Updated | 7/22/2026 | Tract | Phillips |
|---|---|---|---|
| Year Built | 1947 | Community | 4805 - Madison - Monroe |
| Garage Spaces | 3.0 | County | Madison |
SCHOOLS
| Elementary School | Alexandria Monroe Elementary School |
|---|---|
| Jr. High School | Alexandria-Monroe Jr./Sr. High School |
Price History
| Prior to Jul 22, '26 | $150,000 |
|---|---|
| Jul 22, '26 - Today | $120,000 |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Oven, Electric Water Heater, Refrigerator |
| AREA | 4805 - Madison - Monroe |
| BASEMENT | Crawl Space |
| CONSTRUCTION | Stone, Vinyl Siding, Wood Siding |
| GARAGE | Yes |
| HEAT | Forced Air, Natural Gas |
| INTERIOR | Built-in Features |
| LOT | 1.8 acre(s) |
| LOT DESCRIPTION | Wooded |
| PARKING | Attached |
| STORIES | 1 |
| STYLE | Ranch |
| SUBDIVISION | Phillips |
| VIEW | Yes |
| VIEW DESCRIPTION | Trees/Woods |
| WATER | Private |
Location
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Listed with AMR Real Estate LLC
Listing information is deemed reliable, but not guaranteed.
© 2026 Metropolitan Indianapolis Board of REALTORS®
© 2026 Metropolitan Indianapolis Board of REALTORS®
This IDX solution is (c) Diverse Solutions 2026.
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