Frequently Asked Questions

Are house prices dropping in Elwood?

The house prices in Elwood are indeed dropping at the moment. There has been a decrease in price of $63,154.61. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

What is the housing market like in Elwood at this time?

The housing market and house prices in Elwood are going down. The average house price is $164,900.00 and the average price per square feet is $122.63 per square foot. At the moment, there are 228 homes listed - 45 active, 20 pending, and 163 sold in Elwood.

What is the most popular place to buy a house in Elwood?

The most popular place to buy a home in Elwood is 4804 - Madison - Pipe Creek. 4804 - Madison - Pipe Creek has the most properties listed and appears to have the highest demand.

What is the amount of property taxes you have to pay for a house in Elwood?

The average amount of property taxes you would have to pay for a home in Elwood is $1,455.21. Property taxes are tied to the value of the home - the more expensive the home, the higher the taxes.

How fast are houses listed in Elwood being sold?

Properties in Elwood stay on the market for an average of 103 days. A lower number of days indicates a seller's market, while a higher number indicates a buyer's market.

How often are houses listed for sale in Elwood?

The last home listed in Elwood was 2605 minutes ago.

Can you visit houses in Elwood?

Currently, there are 0 open houses available for viewing in Elwood.

What is the most expensive house in Elwood?

The cost of the most expensive home in Elwood is $700,000.00. Expensive homes often come with better amenities, larger spaces, and faster appreciation.

What is the cheapest house in Elwood?

The cost of the cheapest home in Elwood is $35,799.00. Buying a cheaper home can keep payments low and leave room for customization.

How old are the homes in Elwood?

The oldest home in Elwood was built in 1859, and the newest in 2026.

How big are the homes in Elwood?

Back

Back to Search

See all Images

The average property size in Elwood is 1693.07 sq.ft., the largest being 3482 sq.ft., and the smallest being 878 sq.ft.

Road Frontage:

County Road

Road Access:

County Rd

Road Surface:

Asphalt

Zoning:

Single Family

Directions:

GPS Friendly

Tax and Financial Info

Semi-Annual Property Tax:

$20

Tax Year:

2024

Quick View

Address:

0 W 1050 N Elwood IN 46036

Status:

Active

On Site:

138 Days On Site

Price:

$66, 000

Lot Size:

0.92

County:

Madison

Township:

Pipe Creek

MLS #:

22084385

Property Type:

Residential Lots

Community Information

Area:

4804 Madison Pipe Creek

City:

Elwood

Subdivision:

No Subdivision

Zip Code:

46036

Active

$66,000

$4,000 on 06/27/2026

Beds

Baths

Sq. Ft.

0 W 1050 N, Elwood, IN, 46036

Est. Payments: $0/mo

Land

Built in null

138 days on Site

0.92 Lot Size

Additional Details

Contact Agent

Tucker Customer Care

F.C. Tucker Company, Inc.

(317) 954-4768

Description

Build your dream home on this beautiful vacant lot located on the edge of town! Sitting at just under an acre, this property offers the perfect blend of country and convenience. Enjoy the peaceful setting while still being just minutes from everything Elwood has to offer. The backyard adjoins directly to Elwood Golf Links, giving you scen...

Source: MIBOR as distributed by MLS GRID, MLS ID: 22084385

Listing provided courtesy of London Leavell 765-425-5805 with Greenside Realty Group

Last Updated: 6/27/2026 | 2:52 AM

Mortgage Calculator

Loan Price: 0/mo

Price & Interest: 0/mo

Property Tax: 0/mo

Mortgage Insurance: 0/mo

Home Insurance: 0/mo

Down Payment

Home Owner Insurance

/yr

Property taxes

/mo

HOA Fees

/mo

Loan Term (Years)

Interest Rate

Mortgage Insurance

About the Neighborhood

Zip Code 46036 offers a peaceful environment with generally low traffic noise, creating a calm and quiet atmosphere. The neighborhood features predominantly single detached homes and townhouses, mostly with two to three bedrooms, providing a variety of comfortable housing options. Accessibility by car is smooth, supported by convenient parking and even roads to most destinations. Dining options including several restaurants and cafes contribute to the local charm. Though limited, grocery stores and schools serve the community’s essential needs. This area benefits from a classic neighborhood feel, with many homes reflecting architectural styles from the mid-20th century, adding character and warmth to the surroundings.

Learn more about

Elwood Market Report

Avg. Days on Market

107

Avg. Price Per Sq. Ft.

121.78

Median List Price

$163,900

Homes Listed

Frequently Asked Questions

Contact Agent

Tucker Customer Care

F.C. Tucker Company, Inc.

(317) 954-4768

Schedule a Video Tour

Find your perfect home from anywhere. Schedule a personalized video tour with our expert agents for a real-time walkthrough and answers to all your questions.