1209 Shelby Street

Alexandria, IN
$ 95,000 Beds 3 Baths 2 Sq 1,250
Monthly Estimate* How much can I afford?

INVESTOR & FLIPPER OPPORTUNITY | 12 SEPARATE LOTS | 1.75 ACRES Opportunity awaits at 1209 Shelby St in Alexandria! This 3-bedroom, 2-bath fixer-upper sits on approximately 1.75 acres consisting of 12 separate lots/tax parcels, offering an exceptional opportunity for investors, flippers, or buyers looking to build sweat equity. The home needs updates and repairs, making it a great candidate for a renovation project, flip, rental, or owner-occupied investment. The sellers recently had their own inspection completed, giving prospective buyers valuable information upfront regarding the property's condition and areas that may need attention. The 12 separate parcels provide additional potential for future expansion or development, subject to buyer due diligence and applicable zoning requirements. Enjoy a peaceful setting with mature trees and green space while remaining close to local amenities. Property highlights: 3 bedrooms 2 bathrooms Approximately 1.75 acres 12 separate lots/tax parcels Existing home with renovation potential Recent seller-completed inspection Potential flip, rental, or owner-occupant opportunity Possible future development/expansion potential Located within city limits Sold AS-IS Bring your vision and contractor and explore the possibilities this unique property has to offer! Buyer to verify zoning, permitted uses, utilities, development potential, and all other property information. Property is being sold AS-IS.

Active

  • Price
  • $ 95,000
  • City
  • Alexandria
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • MADISON
  • Half Bathrooms
  • 0
  • Area
  • Monroe
  • Lot Size
  • 1.8 Acres
  • Zip
  • 46001
  • Sqr Footage
  • 1,250
  • Year Built
  • 1947
  • Style
  • Ranch
  • MLS#
  • 22108133
Listed By: Jessica Degbelo with AMR Real Estate LLC;
Data Source: MIBOR Broker Listing Cooperative

Features

General

Heating Natural Gas,Forced Air
Cooling Central Air
Possession Closing
Appliances Electric Water Heater,Electric Oven,Refrigerator
Garage Spaces 3
Architectural Style Ranch
Construction Materials Stone,Vinyl Siding,Wood Siding
Year Built 1947
View Trees/Woods
Township Monroe
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Additional Parcels Description 1.8 acres
County Madison
New Construction No
Property Type Residential
HOA No
Subdivision Name Phillips
Garage Y/N Yes
Total Rooms 5
Full Baths 2
Status Active
Directions GPS Friendly
City Alexandria
High School District Alexandria Community School Corp
MLS Area 4805 - Madison - Monroe
Lot Size Square Feet 7840.8
Elementary School Alexandria Monroe Elementary School
Property Attached Y/N No
Middle/Junior High School Alexandria-Monroe Jr./Sr. High School
Property Condition Fixer
Additional Parcels Y/N Yes
Standard Status Active
Tax Lot 48-06-19-400-222.000-021
Legal Description P L & G CO 1ST L 502; P L & G CO 1ST L 503; P L & G CO 1ST L 504; P L & G CO 1ST L 505; P L & G CO 1ST L 532; P L & G CO 1ST L 533; P L & G CO 1ST L 534; P L & G CO 1ST L 535; P L & G CO 1ST L 576; P

Interior Features

Interior Amenities Built-in Features
Basement (Y/N) No
Total Bedrooms 3
Main Level Bedrooms 3
LivingAreaSource Plans
Total Baths 2

Exterior Features

Parking Features Attached
Lot Features Access,Mature Trees,Wooded
Water Source Private
Foundation Details Crawl Space
Building Area Total 1250
Lot Size Acres 1.8
Waterfront Y/N No
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Columbus, IN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Alexandria Monroe Elementary School
Middle School Alexandria-Monroe Jr./Sr. High School
High School Unknown High School

Price History

6/24/2026 Listed $150,000
7/22/2026 20% - $120,000
8/27/2026 21% - $95,000

Property vs Zip Code Average in 46001

Price
AVG $220K
$100K
Year Built
AVG 1947
1947
Visits
AVG 31
48
Data Provided by Inside Real Estate®

1209 Shelby Street Alexandria, IN is a Single Family Home for sale at $95000 with 1250 sqft and a lot size of 1.8 Acres Acre(s). 1209 Shelby Street Alexandria has 3 bedrooms, 2 baths and was built in 1947. The property's zip code is 46001 which is in Alexandria, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.