Property Attributes
- MLS#22108133
- TypeSingle Family
- Listing Status Active
- CountyMADISON
- CityAlexandria
- AreaMonroe
- NeighborhoodPhillips
- Zip46001
- StyleRanch
- Year Built1947
- Price$ 95,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1250
- Lot Size1.8 Acres
Data Source:
MIBOR Broker Listing Cooperative
Property Description
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.
| Elementary School | Middle School |
|---|---|
| Alexandria Monroe Elementary School | Alexandria-Monroe Jr./Sr. High School |
| Price History | |
|---|---|
| 6/24/2026 | Listed $150,000 |
| 7/22/2026 | 20$120,000 |
| 8/27/2026 | 21$95,000 |
General Features
| 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
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Last Updated: September 11, 2026 9:23 PM UTC