Investor Opportunity with Incredible Upside! Unlock the potential at 613 N. 4th Street, Elwood, Indiana! This 2-bedroom, 1-bath home offers approximately 1,120 square feet of main-level living space and sits on three parcels totaling approximately 0.30 acres, providing plenty of room for future possibilities. The property also features a 2-car attached garage and a spacious floor plan that's ready to be reimagined. While the home is in unfinished condition and requires significant renovation, it presents an exceptional opportunity for investors, flippers, or buyers looking to build equity through a full renovation. Whether you're searching for your next investment project, a fix-and-flip, or a long-term rental opportunity, this property offers the space, lot size, and potential to create something truly special. With three included parcels, there may be added flexibility for future use or expansion (buyer to verify all intended uses). Included Parcel Numbers: 48-04-09-302-042.000-027 48-04-09-302-041.000-027 48-04-09-302-040.000-027
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Zillow last checked:
Listing updated:
Listed by:
Joshua Sanders317-766-1019,
eXp Realty, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22115073
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
Dimensions: 12'12
Bedroom 2
Features: Other
Level: Main
Dimensions: 11'11
Dining room
Features: Other
Level: Main
Dimensions: 11'10
Kitchen
Features: Tile-Ceramic
Level: Main
Dimensions: 10'10
Living room
Features: Other
Level: Main
Dimensions: 16'14
Heating
Electric
Cooling
Central Air
Appliances
Included: Dryer, Microwave, Electric Oven, Refrigerator, Washer, Water Heater, Water Softener Owned, Other, Gas Water Heater
Features
Attic Access
Has basement: No
Attic: Access Only
Interior area
Total structure area: 1,120
Total interior livable area: 1,120 sqft
Property
Parking
Total spaces: 2
Parking features: Attached
Attached garage spaces: 2
Features
Levels: One
Stories: 1
Patio & porch: Deck
Has view: Yes
View description: Trees/Woods
Lot
Size: 5,227 Square Feet
Features: Rural - Not Subdivision
Details
Additional structures: Storage
Additional parcels included: 480409302042.000027, 480409302041.000027, and 480409302040.000027, and
Parcel number: 480409302042000027
Special conditions: As Is
Horse amenities: None
Construction
Type & style
Home type: SingleFamily
Architectural style: Traditional
Property subtype: Residential, Single Family Residence
Materials
Wood Siding
Foundation: Slab
Condition
New construction: No
Year built: 1996
Utilities & green energy
Water: Private
Community & HOA
Community
Subdivision: No Subdivision
HOA
Has HOA: No
Location
Region: Elwood
Financial & listing details
Price per square foot: $107/sqft
Tax assessed value: $5,300
Annual tax amount: $112
Date on market: 7/21/2026
Cumulative days on market: 13 days
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
7/22/2026
Pending sale
$120,000$107/sqft
Source: MIBOR as distributed by MLS GRID #22115073Report a problem
7/21/2026
Listed for sale
$120,000$107/sqft
Source: MIBOR as distributed by MLS GRID #22115073Report a problem
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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.
See how much you could borrow to make a competitive offer.
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.