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  • Price cut: $25K (6/12)
    $525,000

    515 Main St, Elwood, IN 46036

    4beds
    3,427sqft
    : 
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    Residential, Single Family Residence
    Built in 1859
    0.85 Acres Lot
    $-- Zestimate®
    $153/sqft
    $-- HOA

    What's special

    Step into a living piece of history-an extraordinary Greek Revival home built in 1859. Situated on a rare 0.85-acre corner lot spanning two corners, this 4-bedroom home blends timeless character with thoughtful modern updates. Mature trees, manicured landscaping, wrought iron fencing, and a wraparound driveway create a private, secret-garden setting. Inside, you'll find original hardwoods, door transoms, a curved staircase crafted with 5 different wood types, original working shutters, a solid steel balcony, and 2 wood-burning fireplaces. The updated 2024 kitchen features granite countertops, beautiful cabinetry, & LVP flooring. Spacious living areas, a formal dining room, finished third-floor flex space, a 2-car garage with an attached workshop-originally built as a horse barn with loft-mini barn, a private outdoor retreat, a concrete chessboard, and a back porch fireplace make this property truly one of a kind. A rare opportunity to own one of Elwood's historic treasures while enjoying space, privacy, charm, and modern functionality.
    40 days
    |
    1,203
    |
    57
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jessica Noble 317-445-0218,

    Carpenter, REALTORS®

    Source: MIBOR as distributed by MLS GRID,MLS#: 22097996MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 1
      • 1/2 bathrooms: 2
      • Main level bathrooms: 1
      Primary bedroom
      • Level: Upper
      • Area: 224 Square Feet
      • Dimensions: 14x16
      Bedroom 2
      • Level: Upper
      • Area: 154 Square Feet
      • Dimensions: 14x11
      Bedroom 3
      • Level: Upper
      • Area: 182 Square Feet
      • Dimensions: 14x13
      Bedroom 4
      • Level: Upper
      • Area: 252 Square Feet
      • Dimensions: 18x14
      Other
      • Level: Upper
      • Area: 221 Square Feet
      • Dimensions: 13x17
      Dining room
      • Level: Main
      • Area: 272 Square Feet
      • Dimensions: 17x16
      Family room
      • Level: Main
      • Area: 540 Square Feet
      • Dimensions: 30x18
      Kitchen
      • Features: Luxury Vinyl Plank
      • Level: Main
      • Area: 195 Square Feet
      • Dimensions: 13x15
      Laundry
      • Features: Luxury Vinyl Plank
      • Level: Main
      • Area: 576 Square Feet
      • Dimensions: 32x18
      Living room
      • Level: Main
      • Area: 312 Square Feet
      • Dimensions: 13x24
      Heating
      • Radiant, Other
      Cooling
      • Window Unit(s)
      Appliances
      • Included: Electric Cooktop, Dishwasher, Dryer, Electric Water Heater, Disposal, Humidifier, Microwave, Electric Oven, Refrigerator, Washer, Water Heater, Water Softener Rented
      • Laundry: Upper Level
      Features
      • Attic Stairway, High Ceilings, Entrance Foyer, Hardwood Floors, Walk-In Closet(s)
      • Flooring: Hardwood
      • Basement: Partial,Unfinished
      • Attic: Permanent Stairs
      • Number of fireplaces: 3
      • Fireplace features: Family Room, Blower Fan, Kitchen, Living Room, Non Functional
      Interior area
      • Total structure area: 3,427
      • Total interior livable area: 3,427 sqft
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Detached
      • Garage spaces: 3
      • Details: Garage Parking Other(Other)
      Features
      • Levels: Multi/Split
      • Patio & porch: Covered, Patio
      • Exterior features: Balcony
      • Fencing: Fenced,Partial,Front Yard,Wrought Iron
      Lot
      • Size: 0.85 Acres
      • Features: Corner Lot, Not In Subdivision, Mature Trees
      Details
      • Additional structures: Barn Mini
      • Parcel number: 480416201083000027
      • Horse amenities: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Gothic Revival
      • Property subtype: Residential, Single Family Residence
      Materials
      • Brick
      • Foundation: Brick/Mortar, Crawl Space, Concrete Perimeter, Partial
      Condition
      • New construction: No
      • Year built: 1859

      Utilities & green energy

      • Electric: 200+ Amp Service
      • Water: Public

      Community & HOA

      Community
      • Subdivision: No Subdivision
      HOA
      • Has HOA: No
      Location
      • Region: Elwood

      Financial & listing details

      • Price per square foot: $153/sqft
      • Tax assessed value: $230,000
      • Annual tax amount: $2,090
      • Date on market: 5/28/2026
      • Cumulative days on market: 41 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/12/2026Price change$525,000-4.5%$153/sqft
        Source: MIBOR as distributed by MLS GRID #22097996 Report a problem
        5/28/2026Listed for sale$550,000$160/sqft
        Source: MIBOR as distributed by MLS GRID #22097996 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,036 +8.4%$230,000 +13%
        2024$1,878 +1.7%$203,600 +8.8%
        2023$1,847 +6.6%$187,200 +1.2%
        2022$1,733 +0.9%$185,000 +6.6%
        2021$1,718 +2.3%$173,600 +0.9%
        2020$1,680 -6.9%$172,100 +2.3%
        2019$1,804 +0.8%$168,300 +5.5%
        2018$1,790 -5.2%$159,600 +0.8%
        2017$1,888 +0.5%$158,400 -0.5%
        2016$1,878 +1.3%$159,200 +0.9%
        2014$1,854 $157,800
        2013$1,854 +1.7%$157,800 +2%
        2012$1,823 $154,700 -4.1%
        2011-- $161,300 +4.9%
        2010$1,789 +9.1%$153,700 -6.3%
        2009$1,640 $164,000 +37.7%
        2006-- $119,100 -27.8%
        2005-- $164,900

        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.
        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

        30 / 100
        Car-Dependent
        40 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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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