Property profile

1415 Michigan Rd Shelbyville, IN 46176

OFF-MARKET
Turn key restaurants
Saved · see the list in your Dashboard
Property ID
US31-2196862
4,936 SF 0.35 ac Built 1969
Last sale Sep 2026
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

A restaurant property built in 1969, configured with multiple dining and meeting rooms, four bathrooms, and four fireplaces. The food-service area includes two kitchens with cook lines, a walk-in cooler and walk-in freezer, and specified cooking and food-preparation equipment such as a flattop, fryers, grill, stove, ovens, additional coolers, a prep station, and a bar; the space is also furnished with tables, chairs, and booths. The property sits on 0.35 acres at 1415 E Michigan Road in…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value$278k
Assessed land$46k
Assessed improvement$232k
Effective rate2.79%

Value estimate

· Nov 2026
$255k
$230k – $281k
AI approach$255k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSHELBY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency23.4
Law Firm20.1
Building Supply17.4

Location

1415 Michigan Rd Shelbyville, IN 46176-1830
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
418 Miller, Shelbyville, IN 46176-1934 $280,000 Dec 2024 1,929 SF
318 Harrison, Shelbyville, IN 46176-1312 $140,000 Apr 2022 3,258 SF
302 Duran, Shelbyville, IN 46176-1986 $2,150,000 Apr 2021 13,850 SF
201 Harrison, Shelbyville, IN 46176-2159 $63,999 Mar 2021 2,344 SF
273 Broadway, Shelbyville, IN 46176-1101 $137,000 Aug 2020 1,788 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Includes: Price & PSF · Cap rate · Location · Zoning

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