Value add opportunity in Elwood with heavy lifting already done. Brand new framework, all new HVAC system including air conditioner and furnace, fully electric, and all new windows installed. Drywall is up and ready for finishing. Flooring still needs to be laid. Perfect for investors seeking a clean rehab with clear scope, fast turnaround potential, and solid ARV upside.
Active
Price cut: $10K (6/22)
$135,000
2115 S I St, Elwood, IN 46036
4beds
1,987sqft
Residential, Single Family Residence
Built in 1895
7,405 Square Feet Lot
$-- Zestimate®
$68/sqft
$-- HOA
What's special
Fully electricAll new windows installedBrand new framework
- 139 days |
- 253 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
MeMe Howard 317-997-9646,
Compass Indiana, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22082918
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 320 Square Feet
- Dimensions: 16x20
Bedroom 2
- Level: Main
- Area: 120 Square Feet
- Dimensions: 10x12
Bedroom 3
- Features: Other
- Level: Upper
- Dimensions: 0x0
Bedroom 4
- Features: Other
- Level: Upper
- Dimensions: 0x0
Dining room
- Level: Main
- Area: 140 Square Feet
- Dimensions: 10x14
Living room
- Level: Main
- Area: 168 Square Feet
- Dimensions: 12x14
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: None
Features
- Pantry
- Has basement: Yes
Interior area
- Total structure area: 1,987
- Total interior livable area: 1,987 sqft
- Finished area below ground: 0
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 7,405 Square Feet
Details
- Parcel number: 480415301049000027
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Victorian
- Property subtype: Residential, Single Family Residence
Materials
- Shingle Siding
- Foundation: Concrete Perimeter, Crawl Space
Condition
- New construction: No
- Year built: 1895
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Lynwood
HOA
- Has HOA: No
Location
- Region: Elwood
Financial & listing details
- Price per square foot: $68/sqft
- Tax assessed value: $60,400
- Annual tax amount: $1,490
- Date on market: 2/6/2026
- Cumulative days on market: 142 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/22/2026 | Price change | $135,000-6.9%$68/sqft |
Source:  MIBOR as distributed by MLS GRID #22082918 Report a problem | ||
| 5/25/2026 | Price change | $145,000-3.3%$73/sqft |
Source: MIBOR as distributed by MLS GRID #22082918 Report a problem | ||
| 3/11/2026 | Price change | $150,000-6.3%$75/sqft |
Source: MIBOR as distributed by MLS GRID #22082918 Report a problem | ||
| 2/6/2026 | Listed for sale | $160,000+103.8%$81/sqft |
Source: MIBOR as distributed by MLS GRID #22082918 Report a problem | ||
| 9/12/2025 | Sold | $78,500$40/sqft |
Source: MIBOR as distributed by MLS GRID #22057996 Report a problem | ||
| 9/3/2025 | Listed for sale | $78,500$40/sqft |
Source: MIBOR as distributed by MLS GRID #22057996 Report a problem | ||
| 9/2/2025 | Pending sale | $78,500$40/sqft |
Source: MIBOR as distributed by MLS GRID #22057996 Report a problem | ||
| 8/30/2025 | Listed for sale | $78,500$40/sqft |
Source: MIBOR as distributed by MLS GRID #22057996 Report a problem | ||
| 8/30/2025 | Pending sale | $78,500$40/sqft |
Source: MIBOR as distributed by MLS GRID #22057996 Report a problem | ||
| 8/28/2025 | Price change | $78,500-10.3%$40/sqft |
Source: MIBOR as distributed by MLS GRID #22057996 Report a problem | ||
| 8/21/2025 | Price change | $87,500-12.5%$44/sqft |
Source: MIBOR as distributed by MLS GRID #22057996 Report a problem | ||
| 6/18/2025 | Pending sale | $100,000$50/sqft |
Source: MIBOR as distributed by MLS GRID #22041556 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,490 +9.5% | $60,400 -18.9% |
| 2024 | $1,361 +0.4% | $74,500 +9.7% |
| 2023 | $1,355 +9.9% | $67,900 +0.4% |
| 2022 | $1,233 +4.6% | $67,600 +9.9% |
| 2021 | $1,179 +2.8% | $61,500 +4.6% |
| 2020 | $1,147 +5.1% | $58,800 +2.8% |
| 2019 | $1,091 +1.7% | $57,200 +6.1% |
| 2018 | $1,073 -12.8% | $53,900 +1.7% |
| 2017 | $1,231 +0.8% | $53,000 -12.8% |
| 2016 | $1,221 +1.2% | $60,800 +1.2% |
| 2014 | $1,206 | $60,100 |
| 2013 | $1,206 +1.9% | $60,100 +1.9% |
| 2012 | $1,184 | $59,000 +7.1% |
| 2011 | -- | $55,100 -3.2% |
| 2010 | $1,144 -34.1% | $56,900 -1.7% |
| 2009 | $1,737 | $57,900 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 46036
Nearby schools
GreatSchools rating
- NAElwood Elementary SchoolGrades: PK-2Distance: 1.2 mi
- 4/10Elwood Junior-Senior High SchoolGrades: 7-12Distance: 1.5 mi
- 4/10Elwood Intermediate SchoolGrades: 3-6Distance: 1.6 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Indiana
- Madison County
- Elwood
- 46036
- 2115 S I St
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Nearby zip codes
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