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Property profile & analytics

403 Noble St Shelbyville, IN 46176-2166

  • Warehouses
  • 82,908 SF
  • 1.19 lot acres
OFF-MARKET
Last Sale
Nov 25, 2024
Value Estimations
$850,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US31-0083045
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Hickory Furniture / Furniture Maker / Furniture Wholesaler

Property Details for 403 Noble St

Construction
WOOD
Lot size
1.19 lot acres
Property size
82,908 SF
Property type
Warehouses
APN
73-11-05-100-642.000-002
APU
731105100642000002

Description

This exceptional 82,908-square-foot manufacturing facility presents a unique investment opportunity. Located at 403 S Noble Street in Shelbyville, Indiana, this three-story, all-brick building sits on a 1.75-acre lot. Constructed in 1891 and expanded in 1975, the property boasts a 16-foot ceiling height and three loading docks, providing ample space for operations. The building is classified as a "C" Class property and is considered a contributing structure by the Historic Landmarks Foundation of Indiana, offering potential for National Register of Historic Places listing. The property is conveniently situated just south of downtown Shelbyville, bordered by West Hendricks Street to the north, South Noble Street to the east, East South Street to the south, and Center Street to the west. The property features 30 parking spaces per 1,000 square feet. The zoning is designated as Industrial. The legal description is: 7FT SOUTH OF TAYLOR ST VAC & ALLEY & 37’ NPT LOT 40 & 37’ NPT LOT 44 & EHS 1ST LOT 9, 10, 16, 19, 17 & 18, 24, 27, 25, 26. The Shelby County Parcel Number is 73-11-05-100-642.000-002. This property is offered for sale with a leaseback option, making it an attractive proposition for both investors and businesses seeking a strategic location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $540,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $1,160,000
    Market price range: $992k - $7.61M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Shelbyville
County
Shelby
State
Indiana
Longitude
-85.7732
Latitude
39.5211
CBSA code
26900
CBSA name
INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$13,164
$60,700
$411,300
$472,000
-
$60,700
$411,300
$472,000
More about this property
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