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$380,000166 W Franklin Street
For Sale3 days on marketNew Construction

166 W Franklin Street

Shelbyville, Indiana 46176

Hamilton Major

4

Beds

4

Baths

2,400

Sq Ft

2026

Year Built

0.17

Acres

Sheldon Barnes, Carmel Realtor

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Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Shelbyville, Indiana and the rest of Hamilton County. Book a private tour of 166 W Franklin Street in Hamilton Major, ask any question about this home, or talk through what you should know about buying in Shelbyville.

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ABOUT THIS HOME

Prime Downtown Living Opportunity - 166 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, 166 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 166 W Franklin St-where convenience, quality, and customization come together.

Listed by Michelle Nolley· Nolley Realty Services, LLC· MLS# 22074373

Key things to know

  • New construction build-to-suit
  • Downtown shelbyville location
  • Customizable floor plan and finishes
  • Hamilton major architectural standards
  • Walkable to dining, shopping, and events

Monthly payment

Estimate · $380,000

$2,023/mo

$2,023 principal & interest

Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $76,000 on a loan of $304,000.

Price history

  1. Listedat $380,000

    Nov 20, 2025

Comparative value

5 comps in this range

This home is 32% above median for similar nearby sales.

$235K$310KMedian $287K
$380K

Want to know anything specific? Ask about updates, finishes, the basement, the yard — I read the listing's photos, MLS data, and remarks and cite what I find.

FEATURES & AMENITIES

Interior

Attic Access

Climate

Heat: Forced AirCool: Central Air

THE FACTS

Pricing trajectory, room-by-room layout, schools, and what's nearby.

Price history

  • $380,000Listed· Nov 20, 2025

3 days on market

Layout

Main
11.14 rooms1,200 sq ft
Upper
323 rooms1,200 sq ft

Primary suite

Closet Walk in

Primary bath

Suite

Schools

Shelbyville Central Schools

  • Middle

    Shelbyville Middle School

  • High

    Shelbyville Sr High School

Neighborhood

  • Downtown Indianapolis26.1 mi
  • Fishers High School32.7 mi
  • Conner Prairie32.9 mi
  • Hamilton Southeastern HS33.5 mi
  • Hamilton Town Center33.7 mi
  • IU Health North Hospital33.9 mi

PROPERTY DETAILS

Combined data from the listing and Hamilton County records

Living Area

2,400 sq ft

Year Built

2026

Stories

Other

Subdivision

Hamilton Major

Bedrooms

4

Bathrooms

3 full, 1 half

Garage

2 spaces

School District

Shelbyville Central Schools

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