Like buying a brand-new home-right in the heart of downtown Greenwood! This stunning 4-bedroom, 2.5-bath home has been completely reimagined from the ground up and sits on an exceptional .89-acre lot just steps from downtown Greenwood's restaurants, shopping, parks, and entertainment. Enjoy the charm of an established neighborhood with the peace of mind and modern conveniences of virtually new construction. Completely gutted to the studs, this remarkable home underwent a massive renovation in 2025, including the addition of an entirely new second story that created over 1,200 square feet of additional living space. The result is a spacious, thoughtfully designed home where everything is brand new! No detail was overlooked. Updates include all-new electrical service, panel, wiring, outlets and switches; all-new plumbing; dual high-efficiency HVAC systems; insulation; drywall; interior and exterior paint; energy-efficient windows; new siding and roof; new gutters and gutter guards; interior and exterior doors; trim; stairways; custom closet systems; Amish-built custom cabinetry; beautifully designed bathrooms with premium fixtures; stainless steel appliances; tankless water heater; sump pump with battery backup; stylish interior and exterior lighting; a welcoming covered concrete front porch; and a spacious rear deck perfect for entertaining. This is a rare opportunity to own a home that offers the character of a prime downtown location with the quality, efficiency, and low-maintenance lifestyle of a brand-new build. If you've been searching for a move-in-ready home with exceptional craftsmanship, generous living space, and nearly an acre of land within walking distance of everything downtown Greenwood has to offer, this is the one you've been waiting for!
Active
Price cut: $20K (7/31)
$549,900
1 Elm Tree Ct, Greenwood, IN 46142
4beds
3,726sqft
Residential, Single Family Residence
Built in 1946
0.89 Acres Lot
$-- Zestimate®
$148/sqft
$-- HOA
What's special
Interior and exterior doorsNew siding and roofTankless water heaterSpacious thoughtfully designed homeEnergy-efficient windowsCustom closet systemsGenerous living space
- 45 days
- 521
- 27
Zillow last checked:
Listing updated:
Listed by:
Marilyn Wells 317-366-2597,
M2 Realty and Auctions LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22115640
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Primary bedroom
- Features: Luxury Vinyl Plank
- Level: Main
- Area: 273 Square Feet
- Dimensions: 21x13
Bedroom 2
- Features: Luxury Vinyl Plank
- Level: Upper
- Area: 156.25 Square Feet
- Dimensions: 12.5x12.5
Bedroom 3
- Features: Luxury Vinyl Plank
- Level: Upper
- Area: 156 Square Feet
- Dimensions: 13x12
Bedroom 4
- Features: Luxury Vinyl Plank
- Level: Upper
- Area: 156 Square Feet
- Dimensions: 13x12
Bonus room
- Features: Luxury Vinyl Plank
- Level: Upper
- Area: 372 Square Feet
- Dimensions: 31x12
Breakfast room
- Level: Main
- Area: 42 Square Feet
- Dimensions: 7x6
Kitchen
- Features: Luxury Vinyl Plank
- Level: Main
- Area: 286 Square Feet
- Dimensions: 26x11
Living room
- Features: Luxury Vinyl Plank
- Level: Main
- Area: 247 Square Feet
- Dimensions: 19x13
Loft
- Features: Luxury Vinyl Plank
- Level: Upper
- Area: 117 Square Feet
- Dimensions: 13x9
Heating
- Zoned, Forced Air, Natural Gas
Cooling
- Central Air, Dual
Appliances
- Included: Dishwasher, Dryer, Disposal, Microwave, Gas Oven, Refrigerator, Tankless Water Heater, Washer
Features
- Kitchen Island, Ceiling Fan(s), Pantry, Walk-In Closet(s)
- Windows: Wood Work Painted
- Has basement: Yes
Interior area
- Total structure area: 3,726
- Total interior livable area: 3,726 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Deck
- Exterior features: Gutter Guards, Smart Light(s)
Lot
- Size: 0.89 Acres
Details
- Parcel number: 410232012071000026
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl With Brick
- Foundation: Block
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1946
Utilities & green energy
- Electric: 200+ Amp Service
- Water: Public
Community & HOA
Community
- Subdivision: No Subdivision
HOA
- Has HOA: No
Location
- Region: Greenwood
Financial & listing details
- Price per square foot: $148/sqft
- Tax assessed value: $313,100
- Annual tax amount: $2,586
- Date on market: 7/22/2026
- Cumulative days on market: 48 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2026 | Price change | $549,900-3.5%$148/sqft |
Source:  MIBOR as distributed by MLS GRID #22115640 Report a problem | ||
| 7/22/2026 | Listed for sale | $569,900+142.5%$153/sqft |
Source: MIBOR as distributed by MLS GRID #22115640 Report a problem | ||
| 12/8/2023 | Sold | $235,000+9.3%$63/sqft |
Source: MIBOR as distributed by MLS GRID #21952183 Report a problem | ||
| 11/14/2023 | Pending sale | $215,000$58/sqft |
Source: MIBOR as distributed by MLS GRID #21952183 Report a problem | ||
| 11/7/2023 | Listed for sale | $215,000$58/sqft |
Source: MIBOR as distributed by MLS GRID #21952183 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,100 +9.4% | $313,100 +36.9% |
| 2024 | $1,919 -43.5% | $228,700 +3.3% |
| 2023 | $3,395 +20.7% | $221,500 +20.2% |
| 2022 | $2,812 +3.1% | $184,200 +18.9% |
| 2021 | $2,726 +4% | $154,900 +6.2% |
| 2020 | $2,621 +4.2% | $145,800 +4.8% |
| 2019 | $2,516 +0.9% | $139,100 +5.2% |
| 2018 | $2,494 +151.6% | $132,200 +0.9% |
| 2017 | $991 | $131,000 +6.9% |
| 2016 | $991 +5.9% | $122,600 -20.5% |
| 2014 | $936 -29.6% | $154,200 +0.2% |
| 2013 | $1,330 +2.6% | $153,900 +0.8% |
| 2012 | $1,296 +7% | $152,700 +3.5% |
| 2011 | $1,211 +12.7% | $147,500 +10.4% |
| 2010 | $1,075 +9.3% | $133,600 |
| 2009 | $984 +6% | $133,600 +6.6% |
| 2007 | $928 -16.3% | $125,300 +9.9% |
| 2006 | $1,109 | $114,000 |
| 2005 | -- | $114,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 46142
Nearby schools
Schools provided by the listing agent
- Middle: Greenwood Middle School
- High: Greenwood Community High Sch
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Similar homes
- $424,8003 bd3 ba2.5k sqft450 S Valley Ln, Greenwood, IN 46142Active
MLS ID #22111772, Mark Wilson, Wilson Pinnacle Real Estate. MIBOR as distributed by MLS GRID - $396,5003 bd3 ba2.8k sqft1019 Mount Vernon Dr, Greenwood, IN 46142Active
MLS ID #22118025, Sui Sung, CrossRoads Link Realty. MIBOR as distributed by MLS GRID - $449,9004 bd3 ba3.4k sqft7254 Hartington Pl, Indianapolis, IN 46259Active
MLS ID #22122101, Tiona Creech, Creech Realty, LLC. MIBOR as distributed by MLS GRID - $625,0005 bd4 ba5.1k sqft4637 Shadow Ridge Blvd, Greenwood, IN 46143Active
MLS ID #22120976, Jake Stiles, Coldwell Banker Stiles. MIBOR as distributed by MLS GRID
