HUD-insured apartment loans in Shelbyville, IN
4 properties in Shelbyville with 386 units have FHA-insured mortgages, owing $8.3 million in all. The median note rate is 3.13%; the lowest is 2.37% at North Harrison Senior Apartments.
| Property | Units | Rate | Balance | Matures |
|---|---|---|---|---|
| North Harrison Senior Apartments | 42 | 2.37% | $1.4 million | 2055 |
| Cimmarron Place Apartments | 128 | 2.81% | $2.7 million | 2047 |
| Water Dance Apts | 166 | 3.45% | $2.8 million | 2040 |
| Charles Major Manor | 50 | 4.25% | $1.4 million | 2047 |
Most-active servicers here: Merchants Capital Corp. (3), Bellwether Enterprise Real Est (1).
Source: HUD, Insured Multifamily Mortgages, active file, current as of September 30, 2026. Grouped by the city HUD records for each property.
Buying or refinancing in Shelbyville?
The Janover Capital desk can tell you whether an existing HUD loan can move with the property, and what a new one would size to.