Elwood IN Real Estate & Homes for Rent

41 Properties Found

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Beds:
3
Baths:
2.00
Sq.Ft.:
1,912
Status:
Active
MLS#:
22004574
Type:
Single Family
Subdivision:
Mapleton
Lot size:
0.14 Acres
Year built:
1886
Courtesy: Compass Indiana, LLC 317-564-9100
View additional info

ADDITIONAL INFORMATION

Welcome home to one of Elwood's finest! This stunning home has been completely transformed with a top-to-bottom upscale renovation, blending modern luxury with timeless charm. Step inside and be greeted by three beautifully designed bedrooms and two full baths, each thoughtfully appointed for comfort and style. The heart of the home-a spacious chef's kitchen-boasts high-end finishes, sleek countertops, and plenty of room to gather and create unforgettable meals. Outside, you'll find a fantastic garage, a fabulous backyard perfect for entertaining or relaxing, and a lovely deck where you can soak in the peaceful surroundings. Every inch of this home has been meticulously updated for effortless, easy living. All of this is nestled in the heart of Elwood, the charming small-town Mayberry you've been dreaming of, with all the modern upgrades you deserve. Come see it for yourself-easy to show, and even easier to fall in love with! Additional features for your comfort and convenience: New dual-system heating (gas) New gas water heater New air conditioner New roof Basement foundation (mix of block, poured concrete, and a poured concrete crawl) Safety features including a carbon monoxide sensor and smoke alarms This home is easy to show and even easier to fall in love with.

Beds:
3
Baths:
1.00
Sq.Ft.:
1,600
Status:
Active
MLS#:
22003411
Type:
Single Family
Subdivision:
Callands Main St
Lot size:
0.13 Acres
Year built:
1945
Courtesy: CENTURY 21 Scheetz 317-844-5111
View additional info

ADDITIONAL INFORMATION

Loads of potential exists in this 1600' ranch home with attached garage! Notable features include a covered front porch, durable stone exterior, roof only 4 years old, large living room with picture window and lots of natural light, eat-in kitchen, main floor utility/laundry room, and a great location. All bedrooms are good sized; sign in Bedroom 2 marks space behind wall for a closet. Large future Bedroom 3 suite has been framed out in back part of house, with an area planned for a second bathroom. Existing bathroom was in the process of being reconfigured, but is functional (sink had not yet been installed). Bluetooth control panel in bathroom connects to your phone and plays through speaker in fan/light (can play music, podcasts; changes light color, turns on fan, has a dimmer, etc.). Yard is partially fenced; privacy fence in back was recently added. Convenient parking pad out front, with additional parking and garage access off alley in back, as well as a concrete patio area. Basement has a working utility sink and lots of storage space. Any materials/items/debris left on property are included in the sale (lawn mower excluded). Property sold As Is.

Beds:
3
Baths:
1.00
Sq.Ft.:
1,848
Status:
Active
MLS#:
22003243
Type:
Single Family
Subdivision:
No Subdivision
Lot size:
0.18 Acres
Year built:
1925
Courtesy: Greenside Realty Group 765-425-5805
View additional info

ADDITIONAL INFORMATION

Welcome to this beautiful 3 bedroom 1 bathroom home situated on a corner lot just outside of downtown Elwood. As you walk in the front door you are greeted with a foyer that includes a large closet and side room that could be used as a mudroom. The main living areas are very spacious and have historic, wooden trimmed doorways and doors. The large living room includes a fireplace with built in cabinets and storage space. The bedrooms all have large closets with the master bedroom including a walk in closet. The full bathroom is centrally located in the home between the master bedroom and the living room. Going outside through the back door you are greeted with a nice wooden deck that over looks the fenced in back yard. This home is also coupled with a 2 car detached garage and storage shed. This beautifully maintained home just needs YOU to make it your OWN !

Beds:
2
Baths:
1.00
Sq.Ft.:
1,024
Status:
Active
MLS#:
22002952
Type:
Single Family
Subdivision:
No Subdivision
Lot size:
0.27 Acres
Year built:
1953
Courtesy: Bill Brogdon Realty 765-552-5801
View additional info

ADDITIONAL INFORMATION

Two possible three bedrooms on north side of Elwood. Has two car attached garage with oversize work area. Additional out buildings for storage. Property sits on corner lot which includes two lots. Stove, refrigerator, washer and dryer stay. Close to Harvest Market, schools and park.

Beds:
6
Baths:
3.00
Sq.Ft.:
n/a
Status:
Active
MLS#:
202436510
Type:
Triplex
Lot size:
0.16 Acres
Year built:
1890
Courtesy: Starr Real Estate LLC 765-209-2239
View additional info

ADDITIONAL INFORMATION

Add this triplex to your portfolio today! Unit 1614 is being rented as a 2 bedroom unit with a long term renter for $600 rent, $575 deposit, and lease ends 2-28-25. Unit 1614.5 is a 1 bedroom unit, currently vacant. Unit 1616 is also being rented as a 3 bedroom unit at $600 rent, $800 deposit, and lease ends 11-30-25. Seller pays W/T/S and tenants pay electric & gas. It has street parking and more parking in the rear off the alley. It also features a back patio and covered front porch. Donâ??t miss out on this great investment opportunity!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
21999444
Type:
Triplex
Subdivision:
No Subdivision
Year built:
1894
Courtesy: Bill Brogdon Realty 765-552-5801
View additional info

ADDITIONAL INFORMATION

Four-plex close to downtown. Newer roof and windows. Corner lot with large back yard. Wrap around porch. Good income. Furnace and water heater in basement. Basement has outside entrance. Unit two has its own washer and dryer hookup.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
21999347
Type:
Triplex
Subdivision:
J M Dehority
Year built:
1895
Courtesy: Bill Brogdon Realty 765-552-5801
View additional info

ADDITIONAL INFORMATION

Triplex rental with good income. Always occupied by paying tenants. Central location for shopping. Two of the tenants have been there for years. Corner lot.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
21990382
Type:
Triplex
Subdivision:
J M Dehority
Year built:
1890
Courtesy: Tyler Knows Real Estate LLC 317-258-7352
View additional info

ADDITIONAL INFORMATION

Madison County Investors! Fully occupied Triplex near the heart of Downtown Elwood. $1,500 in monthly gross rents means cash flow from day-one! Interior photos are of Unit 1. Tenants responsible for electricity (heat is electric). Landlord responsible for water and sewer. Tenant's rights apply.

Beds:
3
Baths:
3.00
Sq.Ft.:
2,456
Status:
Active
MLS#:
21989561
Type:
Manufactured Home
Subdivision:
No Subdivision
Lot size:
2.5 Acres
Year built:
1984
Courtesy: Keller Williams Indy Metro NE 317-564-7100
View additional info

ADDITIONAL INFORMATION

Own a piece of the country with this 2.5 acre property just outside of Elwood. The house has 3 bedrooms and 2.5 baths along with very spacious areas such as the dining room, and family room and a bonus room. New carpet in all of the bedrooms and dining room and the family room. There is a wood burning stove to keep you toasty in the winter. Kitchen has lots of storage and workspace and newer appliances. Between the house and garage there is a large bonus space for an office, workout space or a play space. The garage is huge and can accommodate all of your toys, big and small. And let's just talk about the large pole barn (80x40) with a big lean to that is on this property, who could resist that? There is truly more room for your work or for your toys or even your animals! If you are looking for a place for a big garden or to have some chickens or maybe even some goats, then this is the place for you!! The sky is the limit with this property. Sold As-Is.

Beds:
3
Baths:
1.00
Sq.Ft.:
1,478
Status:
Active
MLS#:
21970069
Type:
Single Family
Subdivision:
No Subdivision
Lot size:
0.82 Acres
Year built:
1948
Courtesy: Greenside Realty Group 765-425-5805
View additional info

ADDITIONAL INFORMATION

Development opportunity with a .82 acre lot on State Road 37 in Elwood. This lot includes frontage along SR 37 and also access to county road 750 W on the other side. The home that currently sits on this land could be reconstructed or torn down and rebuilt. The properties around this parcel are both residential and commercial.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
21961096
Type:
Cluster
Subdivision:
No Subdivision
Year built:
1908
Courtesy: Highgarden Real Estate 317-205-4320
View additional info

ADDITIONAL INFORMATION

Exciting Investment Opportunity: Prime Rental Property Alert! Seize The Chance To Own A Lucrative Rental Asset, Boasting Four Units With Two Currently Leased Under Flexible Month-To-Month Agreements. Dive Into The Potential Of This Investment By Reaching Out For Detailed Rental Income Insights. This Property Needs Improvements Which Will Drive Higher Rental Income! Property Specifications: Utilities: Each Apartment Benefits From Individual Gas And Electric Meters, While Water Expenses Are Inclusively Managed By The Property Owner. Exterior: Crafted With Durable Vinyl Siding For Easy Maintenance. Composition: This Property Encompasses Four Distinct Apartments, Including A One Apartment Above The Garage. Garage: Lower Section Is Being Utilized For Storing Property Maintenance Tools And Equipment. Financial Overview: Listing Agent Will Provide Financial Details. Apartment A: Fuel: Gas. Layout: 1 Bedroom, 1 Bathroom. Furnace: Vintage Model. Water Heater: Replaced 5 Years Ago. Entry: Front Access. Apartment B: Layout: 1 Bedroom, 1 Bathroom. Water Heater Age: 6-7 Years. Specialty: Exclusive Basement Access. Entry: Rear Access. Apartment C: 2 Bedrooms, 1 Bathroom, Situated Upstairs Of Larger Property Apartment D: Layout: 1 Bedroom, 1 Bathroom. Updates: Benefitted From A New Roof And Furnace In 2023. Layout: 1 Bedroom, 1 Bathroom, Located Above The Garage Additional Insights: Lease Conditions: All Units Are Currently Month-To-Month. Tenant Duties: Tenants Are Responsible For Their Electric And Gas Charges, With Options For Cable Access. Laundry Facilities: Absence Of In-Unit Washers/Dryers. Initial Fees: Tenants Have All Made Initial Payments Covering The First Month's Rent Along With Security Deposits. Electrical System: Features Separate 100 Amp Electrical Panels Per Apartment With Modern Wiring Updates.

Beds:
n/a
Baths:
Sq.Ft.:
4,907
Status:
Active
MLS#:
21960968
Type:
Other
Lot size:
0.16 Acres
Year built:
1895
Courtesy: Highgarden Real Estate 317-205-4320
View additional info

ADDITIONAL INFORMATION

Investor's Dream Opportunity! Calling all savvy investors! This 4,907 sq. ft. commercial property is a blank canvas with immense potential. Previously utilized as a laundry cleaner and U-Haul truck rental, this property offers plenty of possibilities for redevelopment or multi-use purposes. Versatile Layout: The 2,729 sq. ft. downstairs can be subdivided to fit your vision, while the upstairs space was being designed for two studio apartments, adding rental income potential. City Incentives: There is POTENTIAL for a tax abatement through the city-an added financial boost for your investment. Important Note: This is a highly distressed property requiring immediate attention, including a new roof and renovations throughout. Includes asphalt parking lot! Serious investors who can see the opportunity beneath the surface, this one's for you! Don't miss your chance to turn this fixer-upper into a profitable venture. Schedule your showing today! Serious inquiries only.

Beds:
n/a
Baths:
Sq.Ft.:
13,798
Status:
Active
MLS#:
22019249
Type:
Retail
Lot size:
0.76 Acres
Year built:
1960
Courtesy: Highgarden Real Estate 317-205-4320
View additional info

ADDITIONAL INFORMATION

Seller Financing Available! Discover an exceptional opportunity to own this versatile 13,798 sq. ft. two-level property, perfectly positioned in downtown Elwood at the high-visibility intersection of State Road 13 (North Anderson St.) and State Road 28 (Main Street). This prime location is ideal for a wide range of uses, including: Church or place of worship, Restaurant or bar, School with daycare facilities, Event center or banquet hall. Property Details: Upper Level: Approximately 7,000 sq. ft. of open, adaptable space. Basement Level: Additional 7,000 sq. ft., perfect for storage, offices, or other creative uses. Zoning Info: For detailed zoning regulations, please refer to the attached document. Additional Highlights: Tax Abatement Potential: The City of Elwood is open to considering tax abatement for this property-an incredible opportunity for future savings. Virtual Tour: Get an inside look here: Virtual Tour. Important Notes: Closing Costs: Buyers are responsible for all closing costs and taxes at closing. Please account for these expenses when submitting your offer. Flexible Financing: Seller financing is available to make this property even more accessible for the right buyer. Don't miss out on this one-of-a-kind property with endless potential. Schedule your showing today and envision the possibilities! Serious inquiries only.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
21960277
Type:
Land
Subdivision:
Cattail Estates
Courtesy: Keller Williams Indy Metro NE 317-564-7100
View additional info

ADDITIONAL INFORMATION

2 lots zoned commercial at entry of a newer neighborhood that is not yet completely built out with more housing planned. Would be perfect for neighborhood daycare. Other businesses permitted. Can also be used for single family home. Parcels can be sold individually for $40,000 each.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
21921235
Type:
Land
Subdivision:
Kidwells
Courtesy: F.C. Tucker Company 317-776-0200
View additional info

ADDITIONAL INFORMATION

Lot has been connected to city water and has power on site. Not on city sewer, septic drawings on file. Camper is not included.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
21895008
Type:
Land
Subdivision:
No Subdivision
Lot size:
2 Acres
Courtesy: Keller Williams Indy Metro NE 317-564-7100
View additional info

ADDITIONAL INFORMATION

Commercial property, 1.75 acres, the land has been leveled and ready to start building on. Land goes straight back to the railroad track, the block building behind does not go with the property. The entire piece of cement back of land is owned by the seller. Lot is in the shape of a L.

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26–41 of 41 properties displayed

Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176

Listings courtesy of MIBOR as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. © 2024 Metropolitan Indianapolis Board of REALTORS®. All Rights Reserved.


Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176


Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX information provided by the Indiana Regional MLS. Copyright 2025 Indiana Regional MLS. All rights reserved.



Elwood Real Estate

Elwood is located in Indiana. Elwood, Indiana has a population of 8,295. Elwood is less family-centric than the surrounding county with 20.63% of the households containing married families with children. The county average for households married with children is 25.19%.

The median household income in Elwood, Indiana is $46,709. The median household income for the surrounding county is $54,491 compared to the national median of $69,021. The median age of people living in Elwood is 40.6 years.

Elwood Weather

The average high temperature in July is 84.1 degrees, with an average low temperature in January of 17.9 degrees. The average rainfall is approximately 41.4 inches per year, with 20.6 inches of snow per year.

Elwood Map

Elwood Real Estate Market Conditions

  • Median sales price

    $180,000
    18.4%
    change since last quarter
  • # Active listings

    41
    30-day change

Elwood Schools and Demographics

Education near Elwood, IN

City County
High School Graduates 91.73 89.76
College Degree - 2 year 9.49 9.34
College Degree - 4 year 9.05 19.02
Graduate Degree 1.76 5.38
Expenditures per Student 12,987 12,987
Students per Teacher 16.1 16.1

Elementary Schools near Elwood, IN

Grades Students P/T Ratio ZIP
Alexandria-Monroe Elementary School PK - 03 345 21.6 46001
Alexandria-Monroe Intermediate School 03 - 06 450 19.6 46001
Elwood Elementary School PK - 02 462 19.7 46036
Elwood Intermediate School 03 - 06 439 15.1 46036
Frankton Elementary School PK - 06 860 29.7 46044
Park Elementary School KG - 06 373 17.8 46928
Summitville School PK - 06 308 16.9 46070

Middle Schools near Elwood, IN

Grades Students P/T Ratio ZIP
Madison-Grant Junior High School 07 - 08 205 11.4 46928

High Schools near Elwood, IN

Grades Students P/T Ratio ZIP
Alexandria-Monroe High School 07 - 12 787 19.2 46001
Elwood Junior-Senior High School 07 - 12 658 16.4 46036
Frankton Junior/Senior High School 07 - 12 674 18.6 46044
Madison-Grant High School 09 - 12 416 14.3 46928

Ungraded Schools near Elwood, IN

Grades Students P/T Ratio ZIP
John H Hinds Career Center PK - 12 0 46036

Demographics near Elwood, IN

City County
Neighborhood Type Suburban
Population 8,295 130,037
Population Density 2,231 288
Median Age 40.6 40.7
People per Household 2.5 2.4
Median Household Income 46,709 54,491
Average Income per Capita 23,903 27,778

Real estate near Elwood