INVESTOR OPPORTUNITY: Distressed Property... Single-Family Home Ready for Transformation! Looking for your next lucrative flip or rental project? This is it! This 935 sq. ft. 2-bedroom, 1-bathroom home is brimming with potential and awaits your creative vision. With some renovation, this distressed property could become a charming residence or a highly desirable rental. Features include: Spacious Yard (Including Second 0.12 Acre Lot) perfect for future landscaping or additional value-adding improvements. Prime Location with easy access to local amenities, making it attractive to future tenants or buyers. Don't miss this incredible chance to breathe new life into a property with major upside potential. Whether you're an experienced investor or just entering the market, this is your opportunity to capitalize on a high-demand rental market.
Sold
$31,500
2827 Main St, Elwood, IN 46036
2beds
935sqft
Residential, Single Family Residence
Built in 1940
10,454.4 Square Feet Lot
$33,800 Zestimate®
$34/sqft
$1,066 Estimated rent
Home value
$33,800
$28,000 - $40,000
$1,066/mo
Zestimate® history
Owner options
List your home for rent
$1,066/mo
Rent Zestimate®
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$1,066/mo
Rent Zestimate®
Refinance and save
$153/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$153/mo
Est. payment
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List your homeWhat's special
Spacious yard
Zillow last checked:
Listing updated:
Listing Provided by:
Albert Stancato 317-504-2663,
Highgarden Real Estate
Bought with:
Logan McNitt
Trueblood Real Estate
Source: MIBOR as distributed by MLS GRID,MLS#: 21961694
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Features: Other
- Level: Main
- Area: 255 Square Feet
- Dimensions: 15x17
Bedroom 2
- Features: Other
- Level: Main
- Area: 140 Square Feet
- Dimensions: 14x10
Foyer
- Features: Laminate
- Level: Main
- Area: 65 Square Feet
- Dimensions: 13x5
Kitchen
- Features: Laminate
- Level: Main
- Area: 126.5 Square Feet
- Dimensions: 11x11.5
Living room
- Features: Hardwood
- Level: Main
- Area: 224 Square Feet
- Dimensions: 16x14
Heating
- Electric
Cooling
- None
Appliances
- Included: None
Features
- Entrance Foyer
- Has basement: No
Interior area
- Total structure area: 935
- Total interior livable area: 935 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached
- Attached garage spaces: 1
Features
- Levels: One
- Stories: 1
Lot
- Size: 10,454 sqft
- Features: Corner Lot
Details
- Additional parcels included: 480415101100.000027 (0.12 Acres)
- Parcel number: 480415101102000027
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding
- Foundation: Slab
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Electric: 100 Amp Service
- Water: Municipal/City
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Elwood
- Subdivision: No Subdivision
Price history
| Date | Event | Price |
|---|---|---|
| 4/4/2025 | Sold | $31,500-30%$34/sqft |
Source:  MIBOR as distributed by MLS GRID #21961694 Report a problem | ||
| 2/13/2025 | Pending sale | $45,000$48/sqft |
Source: MIBOR as distributed by MLS GRID #21961694 Report a problem | ||
| 2/10/2025 | Listed for sale | $45,000$48/sqft |
Source: MIBOR as distributed by MLS GRID #21961694 Report a problem | ||
| 2/4/2025 | Pending sale | $45,000$48/sqft |
Source: MIBOR as distributed by MLS GRID #21961694 Report a problem | ||
| 1/24/2025 | Listed for sale | $45,000$48/sqft |
Source: MIBOR as distributed by MLS GRID #21961694 Report a problem | ||
| 5/6/2024 | Listing removed | -- |
Source: MIBOR as distributed by MLS GRID #21961694 Report a problem | ||
| 4/3/2024 | Pending sale | $45,000$48/sqft |
Source: MIBOR as distributed by MLS GRID #21961694 Report a problem | ||
| 2/5/2024 | Listed for sale | $45,000-8.2%$48/sqft |
Source: MIBOR as distributed by MLS GRID #21961694 Report a problem | ||
| 9/11/2023 | Listing removed | -- |
Source: MIBOR as distributed by MLS GRID #21911912 Report a problem | ||
| 8/14/2023 | Pending sale | $49,000$52/sqft |
Source: MIBOR as distributed by MLS GRID #21911912 Report a problem | ||
| 7/7/2023 | Listed for sale | $49,000$52/sqft |
Source: MIBOR as distributed by MLS GRID #21911912 Report a problem | ||
| 4/27/2023 | Pending sale | $49,000$52/sqft |
Source: MIBOR as distributed by MLS GRID #21911912 Report a problem | ||
| 4/21/2023 | Price change | $49,000+40%$52/sqft |
Source: MIBOR as distributed by MLS GRID #21911912 Report a problem | ||
| 3/23/2023 | Pending sale | $35,000$37/sqft |
Source: MIBOR as distributed by MLS GRID #21911912 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 46036
Nearby schools
GreatSchools rating
- NAElwood Elementary SchoolGrades: PK-2Distance: 1 mi
- 4/10Elwood Junior-Senior High SchoolGrades: 7-12Distance: 1.1 mi
- 4/10Elwood Intermediate SchoolGrades: 3-6Distance: 1.1 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.
- Indiana
- Madison County
- Elwood
- 46036
- 2827 Main St
Nearby cities
Nearby zip codes
Other Elwood Topics
