Spacious Single-Family Home on Nearly 1 Acre - 3 Lots with SR 37 Frontage! Discover the perfect blend of comfort, space, and opportunity with this expansive single-family residence in Elwood. Sitting on three generous lots totaling nearly one acre (.98 acres), this property offers endless possibilities for both living and business use. Inside, you'll find 3 bedrooms and 2 full bathrooms, along with a 2-car attached garage providing convenient access and storage. An additional detached 24x30 garage offers even more space for vehicles, hobbies, or a workshop - complete with an RV or camper parking pad on concrete. The 2644 sq. ft. layout delivers spacious and flexible living areas, ideal for entertaining or relaxing. The custom-built kitchen cabinetry, crafted by a local carpenter, features pull-out shelving designed for ease of use and efficient storage. Step outside to enjoy a beautiful enclosed patio, leading to an open outdoor area with a deck and swimming pool - perfect for gatherings, cookouts, or quiet evenings under the stars. With 236 feet of frontage along State Road 37, the property's additional parcels offer excellent visibility and accessibility for a potential business venture, making this home truly unique. Whether you envision a private retreat, an investment opportunity, or a live-work setup, 3307 Memorial Dr N is ready to meet your vision.
Sold
$232,900
3307 Memorial Dr N, Elwood, IN 46036
3beds
2,644sqft
Residential, Single Family Residence
Built in 1970
0.35 Acres Lot
$239,200 Zestimate®
$88/sqft
$1,656 Estimated rent
Home value
$239,200
$203,000 - $280,000
$1,656/mo
Zestimate® history
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$1,486/mo
Est. payment
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Est. payment
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List your homeWhat's special
Nearly one acreThree generous lotsCustom-built kitchen cabinetryEnclosed patioPull-out shelving
Zillow last checked:
Listing updated:
Listed by:
Jonathan Ash 765-278-5899,
Arc Realty,
Richard Shepherd
Bought with:
Thomas Colvin
eXp Realty, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22069035
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12X11
Bedroom 2
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11X11
Bedroom 3
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11X11
Dining room
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11X11
Family room
- Level: Main
- Area: 341 Square Feet
- Dimensions: 31X11
Great room
- Level: Main
- Area: 253 Square Feet
- Dimensions: 23X11
Kitchen
- Features: Tile-Ceramic
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11x11
Living room
- Level: Main
- Area: 322 Square Feet
- Dimensions: 23X14
Play room
- Level: Main
- Area: 253 Square Feet
- Dimensions: 23X11
Utility room
- Level: Main
- Area: 60 Square Feet
- Dimensions: 8X7.5
Heating
- Zoned, Electric, Forced Air
Cooling
- Central Air, Dual
Appliances
- Included: Dishwasher, Electric Oven, Refrigerator, Water Heater, Water Softener Rented
- Laundry: Laundry Room, Main Level
Features
- Attic Pull Down Stairs, Double Vanity, Breakfast Bar
- Has basement: No
- Attic: Pull Down Stairs
Interior area
- Total structure area: 2,644
- Total interior livable area: 2,644 sqft
Property
Parking
- Total spaces: 4
- Parking features: Attached, Detached
- Attached garage spaces: 4
- Details: Garage Parking Other(Garage Door Opener, Keyless Entry)
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio, Screened
- Pool features: Above Ground, Fenced, Outdoor Pool
Lot
- Size: 0.35 Acres
- Features: Access, City Lot, Corner Lot, Mature Trees
Details
- Additional parcels included: 480414300057.000027, 480414300056.000027
- Parcel number: 480414300092000027
- Special conditions: As Is,Estate
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Brick, Vinyl Siding
- Foundation: Block, Slab
Condition
- New construction: No
- Year built: 1970
Utilities & green energy
- Electric: Underground
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Security: Security System
- Subdivision: Holiday Manor
HOA
- Has HOA: No
Location
- Region: Elwood
Financial & listing details
- Price per square foot: $88/sqft
- Tax assessed value: $83,000
- Annual tax amount: $1,500
- Date on market: 10/21/2025
- Cumulative days on market: 109 days
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 2/27/2026 | Sold | $232,900-6.8%$88/sqft |
Source:  MIBOR as distributed by MLS GRID #22069035 Report a problem | ||
| 2/7/2026 | Pending sale | $249,900$95/sqft |
Source: MIBOR as distributed by MLS GRID #22069035 Report a problem | ||
| 1/19/2026 | Price change | $249,900-9.1%$95/sqft |
Source: MIBOR as distributed by MLS GRID #22069035 Report a problem | ||
| 11/24/2025 | Price change | $274,900-8.3%$104/sqft |
Source: MIBOR as distributed by MLS GRID #22069035 Report a problem | ||
| 10/21/2025 | Listed for sale | $299,900$113/sqft |
Source: MIBOR as distributed by MLS GRID #22069035 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $736 +8.9% | $83,000 +12.8% |
| 2024 | $676 +1.2% | $73,600 +8.9% |
| 2023 | $668 +7.3% | $67,600 +1% |
| 2022 | $623 -1.7% | $66,900 +7.4% |
| 2021 | $634 +2.4% | $62,300 -1.7% |
| 2020 | $619 +3.5% | $63,400 +2.4% |
| 2019 | $598 +0.8% | $61,900 +5.3% |
| 2018 | $593 +21.9% | $58,800 +0.9% |
| 2017 | $486 -0.3% | $58,300 +14.1% |
| 2016 | $488 -54.3% | $51,100 -51.9% |
| 2014 | $1,068 | $106,200 |
| 2013 | $1,068 +2.6% | $106,200 +2.6% |
| 2012 | $1,041 | $103,500 -6.7% |
| 2011 | -- | $110,900 |
| 2010 | $1,137 +105.2% | $110,900 +135.5% |
| 2009 | $554 | $47,100 |
Find assessor info on the county website
Neighborhood: 46036
Nearby homes
- $89,000-- bd1 ba1.2k sqft9 Lincoln Cir, Elwood, IN 46036Off Market
- $7,000-- bd-- ba-- sqft3324 Memorial Dr S, Elwood, IN 46036Off Market
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- $74,300-- bd2 ba1.1k sqft8 Memorial, Elwood, IN 46036Off Market
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- $9002 bd1 ba700 sqft11420 N State Road 37, Elwood, IN 46036Off Market
- $123,300-- bd1 ba1.2k sqft3310 Memorial Dr S, Elwood, IN 46036Off Market
- $44,500-- bd1 ba1.3k sqft3304 Memorial Dr, Elwood, IN 46036Off Market
Nearby schools
GreatSchools rating
- NAElwood Elementary SchoolGrades: PK-2Distance: 1.6 mi
- 4/10Elwood Junior-Senior High SchoolGrades: 7-12Distance: 1.8 mi
- 4/10Elwood Intermediate SchoolGrades: 3-6Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Elwood Elementary School
- High: Elwood Jr-Sr High 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.
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- Indiana
- Madison County
- Elwood
- 46036
- 3307 Memorial Dr N
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