$1,756/ mo
Doesn't include deposits and fees
3 beds2 baths2300 sqft house
Available July 15
7906 N 250 E
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7906 N 250 E
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Costs, fees, and lease terms
Lease terms
This rent-to-own opportunity requires $2,000 down and one month's rent as a security deposit at move-in. The home is offered with financing structured on a 30-year amortization schedule, with the seller carrying the financing for up to the first 3-5 years. During this term, a portion of each monthly payment builds equity credit, which will be applied toward the buyer's new loan when they secure permanent financing. This program is designed to give tenants the ability to transition smoothly from renting to ownership while building equity along the way. This home is pet-friendly. A non-refundable pet fee of $400 is required at move-in, along with a $50 monthly fee per pet, added to rent.
Pricing comparison
$958At $1,756, this listing is priced $958 more than the current market rate for a 3 bedroom home in Morristown.
Other 3 bedroom homes in the area go for
- Morristown$798
- Shelby County$1,554
- 46161$798
Pets
Dogs
Number allowed2Cats
Number allowed2
The neighborhood
About the building
Do not disturb the current tenants. Guided walkthroughs available only with an approved application for safety reasons.…
The home is estimated for a move in date of July 15th ir earlier depending on how long the refresh takes.
Welcome to 7906 N 250 E in Shelbyville, IN a beautifully renovated country retreat with modern upgrades inside and out, available as a Rent-to-Own opportunity. This spacious 3-bedroom, 2-bathroom home with an additional upstairs bonus room sits on just slightly less than an acre of land, providing both privacy and open space to enjoy.
Step inside to experience a full renovation with thoughtful, high-quality finishes throughout. The brand-new master suite boasts a gorgeous brand-new bathroom, while the kitchen features elegant granite countertops and beautiful country details. Enjoy year-round comfort with energy-efficient split units heating and cooling, paired with new vinyl windows, new flooring, new well pump and pressure tank, updated electrical and plumbing and a tankless water heater for convenience and efficiency.
Key Features:
-3 bedrooms, 2 full bathrooms + upstairs bonus room
-acreage of land for outdoor living
-Brand-new master suite and bathroom
-Granite countertops and modern updates throughout
-All new flooring, windows, and systems
-Tankless water heater and energy-efficient split unit A/C & heating
-Metal Roof
This property is being offered as a Rent-to-Own, with a pathway designed to make homeownership possible. Move in with just a $2,000 rent to own down payment and one month's rent as a deposit. Payments are structured on a 30-year amortization, with owner financing provided for the first 3-5 years. During this period, you'll have the chance to strengthen your credit and position yourself for long-term financing with your preferred lender. Best of all, the equity you build through your rent-to-own payments will be applied toward your loan at closing.
The final rent-to-own purchase price of $234,000 is based on the official appraised value to be fair and not overprice. The monthly rent-to-own payment will be locked in at $1,756 even if the appraised value is higher later on, it will stay the same.
This is the perfect homebuyer pathway for those looking to build credit, secure equity, and lock in a beautiful home without the immediate stress of traditional financing.
Don't miss this rare chance to lock in your dream home as it's being beautifully reimagined modern comfort, energy efficiency, and country space all just minutes from Shelbyville conveniences.
Contact us today to learn more about securing this one-of-a-kind opportunity before its gone!
The property manager
Nearby schools
Students who live in 7906 N 250 E attend the following Shelby Eastern Schools (Unified School District) public schools:
- 97.9 mi
Waldron Elementary School
Public, Grades PK - 5
- 67.9 mi
Morristown Jr-sr High School
Public, Grades 6 - 12
- 57.9 mi
Morristown Elementary School
Public, Grades PK - 5
- 57.9 mi
Waldron Jr-sr High School
Public, Grades 6 - 12
GreatSchools ratings are based on test scores and additional metrics when available.
7906 N 250 E
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