164 Luna PlaceShelbyville, IN 46176
Special Financing Available!- Homes
- Indianapolis Metro
- Shelbyville - IN
- 164 Luna Place
Overview
164 Luna PlaceShelbyville, IN 46176
- Floor PlanThe Norway
- 5Beds
- 3 .5Baths
- 2Stories
- 2,961SQ. FT.
- 25Lot #
Limited-Time Financing Special
3.875% (5.539% APR**) Fixed for 7 Years
Conventional 30-year 7/6 adjustable rate mortgage
LEARN MORE
Welcome to your new home at Isabelle Farms! Featuring the spacious and functional Norway floor plan, this 5-bedroom, 3-bathroom home offers charming curb appeal that makes a lasting first impression, and close proximity to the neighborhood pond.
Inside, you’ll find 9’ ceilings on the first floor, creating an open and airy feel throughout the main level. A guest bedroom and full bathroom on the first floor provide the perfect setup for visitors or multi-generational living. The open-concept kitchen is a chef’s dream, complete with 42” tall upper cabinets, laminate countertops, a center island for additional prep space, and a full suite of stainless steel appliances.
Additional features include an enlarged closet under the stairs for extra storage and a water softener bypass rough-in, ready for future upgrades.
Upstairs, you’ll find four more spacious bedrooms and ample closet space in every room, making it easy to accommodate your needs. With a versatile loft space, it’s the perfect setup for a home office, playroom, or guest rooms.
This home combines comfort, functionality, and smart design all under one roof. Contact us today to tour this move-in ready home in Shelbyville!
All trademarks are the property of their respective owners.
ALL LOANS ARE SUBJECT TO CREDIT APPROVAL.
*Contact your Arbor Homes sales manager for a list of eligible homes. Contracts written on or after 07/22/2025. Loan must close before 11/22/2025. All terms and conditions subject to credit approval, market conditions and availability. Silverton Mortgage has locked in a fixed interest rate for a pool of funds. Rates only available until pool of funds is depleted or rate expires.
**Example of 75% LTV (25% Cash Down) 7/6 ARM Loan Program with $400,000.00 sales price. $300,000.00 loan amount - 7-yr adjustable rate loan (30-year term) with zero points based on 360 monthly payments. 25% cash down payment of $100,000.00 required. Example includes $1,495.00 origination fee, 5.539% APR, and 3.875% interest rate as of 07/21/2025. Initial monthly payment will be $1,410.71.00 (principal and interest only). After the initial fixed rate period and subject to the interest rate adjustment caps, the maximum first adjusted rate for this example will never be more than 8.875% with a first adjustment maximum payment of $2,386.93 (principal and interest only). The maximum lifetime rate will never be more than 8.875% with an estimated maximum monthly payment (principal and interest only) of $2,386.93. Monthly payments do not include required mortgage insurance, taxes, insurance premiums or other applicable escrows. Actual payment amount will be higher. Your interest rate and payment may increase with the first or any subsequent adjustment. This example assumes the Treasury index will be used throughout the life of the loan and will not change. Fees, other charges, and terms subject to change. Available loan programs and terms will vary by state.
Vanderbilt Mortgage and Finance, Inc., dba Silverton Mortgage, 1201 Peachtree St NE, Ste 2050, Atlanta, GA 30361, 404-815-0291, NMLS 1561, (http://www.nmlsconsumeraccess.org/), AZ Lic. #BK-0902616, Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act license, Licensed by the N.J. Department of Banking and Insurance, Licensed by PA Dept. of Banking and Securities, Rhode Island Licensed Lender. Licensing information: https://silvertonmortgage.com/licensing/. All information is believed accurate and subject to change without notice. 07/2025
Features
- Elevation A, Brick C
- 9’ First Floor Walls
- Enlarged Closet Under the Stairs
- Water Softener Bypass Rough-in
- Guest Bedroom on First Floor
- Full Bathroom on First Floor
- 6" Deep Equal Bowl (50/50) Stainless Steel Sink
- 42” Tall Upper Cabinetry in Kitchen (Sarsaparilla)
- Laminate Countertops Throughout (White Carrara)
- Sheet Vinyl Flooring in Common Areas (Sylvanova Slate Mid Grey)
- Stainless Steel Appliances
Area Schools
- Coulston Elementary School
- Shelbyville Middle School
- Shelbyville High School
Directions
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Interactive Map
Floor Plans
Map & Directions
Driving Directions
From downtown Indianapolis: Take I-74 East to IN 9 S. Take exit 113 onto IN 9 S/ N Riley Highway and the destination will be around a 1/2 mile down on your right.
Virtual Tour
Mortgage Calculator
Estimated Payment:
$1,561.93/mo
Results received form this calculator are NOT a loan offer and are only an estimated payment based off of principal and interest only. Additional fees such as HOA dues and property taxes are not included in calculations. Arbor Homes, the seller, is not a lender and does not offer financing and is not responsible for any errors, omissions, or misrepresentations. Actual available loans depend on a number of factors, including lender and loan type. The above calculator and any related information provided are an example of mortgage payments calculated for comparative and educational purposes only. The results generated cannot be used to determine loan terms, costs or pre-qualify for any actual mortgage loan program. The sample results above may not be available to you for financing purposes, or take into account all loan options and important considerations for home buying and financing decisions. View Terms and Privacy Policy.
Find your
new home!
All trademarks are the property of their respective owners.
ALL LOANS ARE SUBJECT TO CREDIT APPROVAL.
*Contact your Arbor Homes sales manager for a list of eligible homes. Contracts written on or after 07/22/2025. Loan must close before 11/22/2025. All terms and conditions subject to credit approval, market conditions and availability. Silverton Mortgage has locked in a fixed interest rate for a pool of funds. Rates only available until pool of funds is depleted or rate expires.
**Example of 75% LTV (25% Cash Down) 7/6 ARM Loan Program with $400,000.00 sales price. $300,000.00 loan amount - 7-yr adjustable rate loan (30-year term) with zero points based on 360 monthly payments. 25% cash down payment of $100,000.00 required. Example includes $1,495.00 origination fee, 5.539% APR, and 3.875% interest rate as of 07/21/2025. Initial monthly payment will be $1,410.71.00 (principal and interest only). After the initial fixed rate period and subject to the interest rate adjustment caps, the maximum first adjusted rate for this example will never be more than 8.875% with a first adjustment maximum payment of $2,386.93 (principal and interest only). The maximum lifetime rate will never be more than 8.875% with an estimated maximum monthly payment (principal and interest only) of $2,386.93. Monthly payments do not include required mortgage insurance, taxes, insurance premiums or other applicable escrows. Actual payment amount will be higher. Your interest rate and payment may increase with the first or any subsequent adjustment. This example assumes the Treasury index will be used throughout the life of the loan and will not change. Fees, other charges, and terms subject to change. Available loan programs and terms will vary by state.
Vanderbilt Mortgage and Finance, Inc., dba Silverton Mortgage, 1201 Peachtree St NE, Ste 2050, Atlanta, GA 30361, 404-815-0291, NMLS 1561, (http://www.nmlsconsumeraccess.org/), AZ Lic. #BK-0902616, Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act license, Licensed by the N.J. Department of Banking and Insurance, Licensed by PA Dept. of Banking and Securities, Rhode Island Licensed Lender. Licensing information: https://silvertonmortgage.com/licensing/. All information is believed accurate and subject to change without notice. 07/2025