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Residential Home Lot with Well
For Sale
$30,000

23503 Shelby Road, Shelby, IN 46356

Residential homesite offered for sale with mature trees and an existing well on the property.

Property Size22,521 SF
Lot Size0.50 Acres
Price / SF$1.33
Days on Market246

Property Features for 23503 Shelby Road

General Information

Standard status Active
Size 22,521 SF
Lot size 0.50 Acres
Property subtype Land / Unimproved Land
Zoning Residential

Taxes and HOA fees

Annual Taxes $524
Listing Agency: Northwest Indiana Real Estate
Listed By: Carol Boss
Source: Compass
Added: Dec 9, 2025 Changed: Aug 8 Last Checked: Mar 25 at 5:29PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Northwest Indiana Real Estate

Investment Insights

Based on property information with market context.

This residential lot is offered for sale with mature trees surrounding the homesite, creating a private, wooded setting. The property provides a generous 1/2-acre homesite and includes an existing well. The listing is positioned for buyers looking to build a single-family home.

The site is located within the Lowell school district. The community is described as quiet and residential, with the property noted as being close enough to Lowell for everyday needs.

The lot is presented as a standalone buildable homesite, with additional neighboring land to the east also mentioned as being available if more acreage is desired.

Key Highlights

  • Residential lot offered for sale with mature trees surrounding the property
  • Generous 1/2‑acre homesite to build a home
  • Existing well on the property

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Big Box & Wholesale Store Gym & Fitness Center Food Market Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

22
Businesses Nearby

Demographics for 46356, IN

18,668
Population
7,290
Households
2.6
Avg Household Size
41
Median Age
20%
College-Educated
96%
High-School Grad
112.5 sq mi
ZIP Area
166
Density / Sq Mi
$87,535
Median Household Income
$51,151
Median Earnings
$1,190
Median Rent
$256,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residential homesite offered for sale with mature trees and an existing well on the property.
Where is this residential land & home lot located?
The property is located at 23503 Shelby Road Shelby, IN.
What is the asking price?
The asking price for this property is $30,000.
What are key features of this property?
This property features: Residential lot offered for sale with mature trees surrounding the property; Generous 1/2‑acre homesite to build a home; Existing well on the property
More about this property
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