$220,000 Price Analysis    ♡   Elwood, IN 46036 Unknown bed None bath 2,300 SqFt ($95/SqFt) 8,712SqFt lot. Built 1890 Listed 2024-02-07, Taxes $2,554 | ✓ USDA Eligible near Elwood, IN Restrictions may apply due to home size |
Multi Unit located in the Heart of Elwood.
Each unit in this 4-plex is not well-designed with 1 bed/1 bath for three units and 2 beds/2 baths for the fourth unit but also updated for turn key investment.
Units offer forced heat and air. Additionally, the property is professionally managd, ensuring a hassle-fr ee experience for both tenants and investors.
Presented by Tamela Howard at
Keller Williams Indy Metro W.
Property MLS #21962098 from MIBOR
Laundry Features: Connections All
Basement Features: Partial, Unfinished
Cooling Features: Central Electric
Lot Description: Access
Lot Size Acres: 0.2
Lot Size Square Feet: 8712
Lot Size Acres: 0.2
Lot Size Square Feet: 8712
Road Access: Frontage Road
Parking Features: Asphalt, Street Only
Association: No
Calculated Total Monthly Association Fees: 0
Pet Description: Pet Restrictions Source: 1, Pet Size: 1, Pet Deposit Fee: 1
Calculated Total Monthly Association Fees: 0
Pet Description: Pet Restrictions Source: 1, Pet Size: 1, Pet Deposit Fee: 1
Elementary School: Elwood Elementary School
High School District: Elwood Community School Corp
High School District: Elwood Community School Corp
Elwood Elementary School is a public elementary school located approximately 0.4 miles away.
Map directions
Map directionsElwood JR-SR High School is a public middle and high school located approximately 0.7 miles away.
Map directions
Map directionsGross Income: 45000
Tenant Pays: Insurance
Tenant Pays: Insurance
Number of Units: 4
Unit Type: 1 Bedroom, 1 Bedroom, 1 Bedroom, 2 Bedroom
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 2
Total Rooms in Unit-1: 3
Total Rooms in Unit-2: 3
Total Rooms in Unit-3: 3
Total Rooms in Unit-4: 4
Unit-1 Square Feet: 500
Unit-2 Square Feet: 500
Unit-3 Square Feet: 500
Unit-4 Square Feet: 800
Unit 1 Total Actual Rent: 725
Unit 2 Total Actual Rent: 750
Unit 3 Total Actual Rent: 1
Unit 4 Total Actual Rent: 1
Unit Type: 1 Bedroom, 1 Bedroom, 1 Bedroom, 2 Bedroom
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 2
Total Rooms in Unit-1: 3
Total Rooms in Unit-2: 3
Total Rooms in Unit-3: 3
Total Rooms in Unit-4: 4
Unit-1 Square Feet: 500
Unit-2 Square Feet: 500
Unit-3 Square Feet: 500
Unit-4 Square Feet: 800
Unit 1 Total Actual Rent: 725
Unit 2 Total Actual Rent: 750
Unit 3 Total Actual Rent: 1
Unit 4 Total Actual Rent: 1
Tax Block: 3rd
Source Listing Status: Active
County: Madison
Directions: GPS Friendly
Tax Year: 2023
Source Property Type: Residential Income
Insurance Expense: 1950
Area: 4804 - Madison - Pipe Creek
Source Neighborhood: J M Dehority
Owner Pays: Lawncare, Taxes
Parcel Number: 480410303064000027
Postal Code Plus 4: 1613
Subdivision: J M Dehority
Township: Pipe Creek
Property Subtype: Fourplex
Lot Number: 2A
Source System Name: C2C
Source Listing Status: Active
County: Madison
Directions: GPS Friendly
Tax Year: 2023
Source Property Type: Residential Income
Insurance Expense: 1950
Area: 4804 - Madison - Pipe Creek
Source Neighborhood: J M Dehority
Owner Pays: Lawncare, Taxes
Parcel Number: 480410303064000027
Postal Code Plus 4: 1613
Subdivision: J M Dehority
Township: Pipe Creek
Property Subtype: Fourplex
Lot Number: 2A
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $117,400 + $9,800 $127,200 | $2,554 |
| 2021 | $104,100 + $9,600 $113,700 | $2,274 |
| 2020 | $96,900 + $8,900 $105,800 | $2,126 |
| 2019 | $94,000 + $8,900 $102,900 | $2,068 |
| 2018 | $88,500 + $8,900 $97,400 | $1,958 |
| 2017 | $87,600 + $8,900 $96,500 | $1,940 |
| 2016 | $57,800 + $8,700 $66,500 | $1,335 |
| 2015 | $60,200 + $8,900 $69,100 | $459 |
| 2014 | $59,200 + $8,900 $68,100 | $438 |
| 2013 | $59,200 + $8,900 $68,100 | $438 |
| 2012 | $58,000 + $8,900 $66,900 | $430 |
| 2011 | $56,800 + $8,300 $65,100 | $396 |
| 2010 | $76,100 + $9,300 $85,400 | $3,712 |
| 2008 | $80,800 + $11,500 $92,300 | $1,313 |
Price Changed 2024-03-18
$220,000
MIBOR
Price Changed 2024-03-11
$222,500
MIBOR
Price Changed 2024-03-06
$225,000
MIBOR
Listed 2024-02-07
$230,000
MIBOR
Listing removed 2022-10-27
$0
TenantTurner
Price Changed for rent 2022-10-06
$600
TenantTurner
Listing removed 2022-09-30
$0
Zumper
Listed for rent 2022-09-29
$750
Zumper
Listed for rent 2022-09-16
$750
TenantTurner
Listing removed 2022-09-15
$0
TenantTurner
Price Changed for rent 2022-09-14
$750
TenantTurner
Listed for rent 2022-09-01
$800
TenantTurner
Sold 2022-05-20
$200,000
Public Record
$220,000
MIBOR
Price Changed 2024-03-11
$222,500
MIBOR
Price Changed 2024-03-06
$225,000
MIBOR
Listed 2024-02-07
$230,000
MIBOR
Listing removed 2022-10-27
$0
TenantTurner
Price Changed for rent 2022-10-06
$600
TenantTurner
Listing removed 2022-09-30
$0
Zumper
Listed for rent 2022-09-29
$750
Zumper
Listed for rent 2022-09-16
$750
TenantTurner
Listing removed 2022-09-15
$0
TenantTurner
Price Changed for rent 2022-09-14
$750
TenantTurner
Listed for rent 2022-09-01
$800
TenantTurner
Sold 2022-05-20
$200,000
Public Record
Year Built: 1890
Construction Materials: Aluminum Siding
Foundation Details: Block
Levels: Two
Property Age: 134
Roof: Asphalt
Architectural Style: TraditonalAmerican
Construction Materials: Aluminum Siding
Foundation Details: Block
Levels: Two
Property Age: 134
Roof: Asphalt
Architectural Style: TraditonalAmerican
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.