Active

$150,000

1225 S 25th St, Elwood, IN 46036

7beds

3baths

--sqft

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Multi Family, Triplex

Built in 1899

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Investor Special! Opportunity awaits with this 3-unit multifamily property in Elwood offering approximately 3,664 square feet of living space. Currently, 2 of the 3 units are occupied, providing immediate rental income potential while the remaining unit is renovated or repositioned. This property is in need of repairs and updates and is being sold AS-IS. Whether you're looking to expand your rental portfolio, pursue a value-add investment, or restore a multifamily property to its full potential, this triplex offers plenty of upside. Don't miss this opportunity to add a multifamily investment to your portfolio.

29 days

338

8

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 3

Property

Parking

Total spaces: 1
Parking features: Detached
Garage spaces: 1

Features

Levels: One and One Half
Stories: 1
Exterior features: Fire Pit

Lot

Size: 5,662 Square Feet

Details

Additional parcels included: 480415403013000027
Parcel number: 480415403012000027
Special conditions: As Is

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Triplex

Materials

Roof: Asphalt

Condition

Fixer
New construction: No
Year built: 1899

Community & HOA

Community

Subdivision: Kidwells

Location

Region: Elwood

Financial & listing details

Tax assessed value: $57,700
Annual tax amount: $1,078
Date on market: 6/22/2026
Cumulative days on market: 31 days
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/22/2026	Listed for sale	$150,000
Source: MIBOR as distributed by MLS GRID #22100629 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,078 +8.7%	$57,700 +7.1%
2024	$992 +1.2%	$53,900 +8.7%
2023	$980 +8.2%	$49,600 +1.2%
2022	$906 +5.3%	$49,000 +8.2%
2021	$860 +2.6%	$45,300 +5.3%
2020	$838 +4.5%	$43,000 +2.6%
2019	$802 +0.8%	$41,900 +5.8%
2018	$796 -48.7%	$39,600 +0.8%
2017	$1,551 +85.9%	$39,300 -5.8%
2016	$834 +0.2%	$41,700 +0.2%
2014	$832	$41,600
2013	$832 +2.7%	$41,600 +2.7%
2012	$810	$40,500 -9%
2011	--	$44,500 +4%
2010	$856 -29.2%	$42,800 +6.2%
2009	$1,209	$40,300

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 46036

Getting around

24 / 100

Car-Dependent

37 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

NA
Elwood Elementary School
Grades: PK-2Distance: 1.5 mi
4/10
Elwood Junior-Senior High School
Grades: 7-12Distance: 1.7 mi
4/10
Elwood Intermediate School
Grades: 3-6Distance: 1.8 mi

Schools provided by the listing agent

Elementary: Elwood Elementary School

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.