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Property profile & analytics

534 Miller Ave Shelbyville, IN 46176

  • Retail space
  • 4,352 SF
  • 0.15 lot acres
Value Estimation
Location Intelligence
Property ID
US31-1874808
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

  • Retail space

Property Details for 534 Miller Ave

Year built
1900
Construction
WOOD
Lot size
0.15 lot acres
Property size
4,352 SF
Property type
Retail space
APN
73-11-06-200-308.000-002
APU
731106200308000002

Description

This exceptional Shelbyville property offers a unique blend of commercial and residential space, ideal for diverse uses. The main retail building at 534 Miller Avenue, totaling 4,352 square feet, is currently configured as a church but is zoned for a variety of permitted uses under IS zoning. Its striking sanctuary boasts soaring 17-foot ceilings and 12-foot eaves, creating an impressive and adaptable space. The upper level comprises two offices, while the lower level features multiple classrooms, a relaxing lounge area, and separate restrooms for men and women. Adding to its appeal is the adjacent residential property at 535 Dunn Avenue, a well-maintained 1,774-square-foot home. This two-bedroom, two-bathroom residence includes a spacious kitchen and most appliances. A significant advantage is the converted two-car garage, now a finished family life center with its own kitchen and restroom, offering versatile space for gatherings or additional living quarters. Situated on a 0.15-acre lot, this combined property presents a compelling investment opportunity in a prime location near Shelbyville's downtown area. The property's flexible zoning and existing features make it suitable for a wide range of commercial ventures, while the included residence provides additional income potential or comfortable living space. This is a rare chance to acquire a substantial property with significant upside in a thriving community. The asking price is $339,025.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Shelbyville
County
Shelby
State
Indiana
Longitude
-85.786
Latitude
39.5194
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
$0.00
$32,400
$67,600
$100,000
-
$32,400
$67,600
$100,000
More about this property
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