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(SOLD) $85,000

416 N 8th Street Elwood, IN  46036

  • 3 Beds
  • 1 Baths
  • 1,464 sq. Ft

Property Description for 416 N 8th Street Elwood, IN 46036

This 3 bedroom 1 bath home sits on 6 city lots and is located on a quiet street on the westside of Elwood. The home features a 2c-d garage, wood staircase, and a loft. The home has tons of potential and will make an excellent investment.
QuickBuy option for home selling

Address:416 N 8th Street Elwood IN 46036
Status:Sold
Sold On: 12/3/2024
Price:$89,900
Bedrooms:3 Beds
Bathrooms:1 Full Baths
Sq. Feet:1,464
Year Built:1882
Lot Size:0.17
County: Madison
Township: Pipe Creek
MLS #:22007391
Property Type:Single Family Residence

Lot Dimensions:7231
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :932
Upper Level Sq. Ft. :532
Total Sq. Ft. :1,464

Loan Price
$540
Price And Interest $443/month
Property Tax $62/month
MTG INS $0/month
HOME INS $35/month
Price
$85,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$62/month
Home Owner Insurance
$420 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 14x25 Main
Kitchen 11x11 Main
Primary Bedroom 12x10 Main
Bedroom 2 12x11 Upper
Bedroom 3 10x12 Upper
Loft 10x13 Upper
Bonus Room 8x19 Main

Semi-Annual Property Tax:$370
Tax Year:2023
Financial Disclosures:Bank Owned
Mandatory HOA Fee:$

Area: 4804 - Madison - Pipe Creek
City:Elwood
Subdivision: No Subdivision
Zip Code:46036

Total Sq. Ft.:1,464
Interior Features:Built In Book Shelves
Eating Area(s):Dining Combo/Living Room
Appliances:None
Exterior Type:Vinyl Siding
Cool:None
Heat:Other
Water Heater:None
Total Rooms:7
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Daniel Witte with Witte Realty Group LLC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/16/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.





Elwood Market Report

84
Avg. DOM
$112.39
Avg. $ / Sq.Ft.
$ 184,400
Med. List Price

The house prices in Elwood are not dropping at the moment. There has been a increase in price of $22,877.06. 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.

The housing market and house prices in Elwood are going Up. The average house price is $186,450.00 and the average price per square feet is $112.95 per square feet. At the moment, the amount of homes listed is exactly 124 houses, with 20 with active status, 11 with pending status and 93 sold in Elwood .

The most popular place to buy a home in Elwood is 4804 - Madison - Pipe Creek. 4804 - Madison - Pipe Creek is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Elwood .

The average amount of property taxes you would have to pay for a home in Elwood is $1,021.29. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Elwood are staying listed for an average of 73 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Elwood was 5384 minutes ago.

At the moment we have 1 open houses that you can visit.

The cost of the most expensive home in Elwood is $379,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Elwood is $82,500.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Elwood in year 1886 and the newest built house is in year 2024.

The average size of properties in Elwood is 1835.35 sq.ft. , the biggest one being 3072 sq.ft. and the smaller being 1024 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.