There are no geographical USDA loan restrictions in this postal code. Click for more details on 47344.

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Bright with Ambition, Rich with History



Positive Aspects:
1. Low property taxes: Elwood is a relatively small city, and property taxes are typically lower than in larger cities.
2. Friendly Community: Elwood is known for its warm and welcoming atmosphere, with friendly neighbors and close-knit communities.

Negative Aspect:
1. Limited Public Transportation: With limited public transportation options, it can be difficult to get around the city without a car.

Christopher Price
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Top 1.5% of Real Estate Agent Teams Ranked - Nationally for Homes Sold & Volume
Ranked Top 1.5% Real Estate Agents Nationally for Homes Sold (Every Year Since 2008) - The Wall Street Journal Top All Star ... see full details and contact information for A Chris ... served and properties sold, let's talk about how we can deliver for you!
A Chris has
Serving the areas of Bowling Green, Muncie, Monrovia, Cambridge City, Taylorsville, Darlington, Mooresville, Edinburgh & Romney
Read the reviews for Christopher Price
Jon Kindred
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Real Estate. Simplified.
Jon Kindred is an agent who is motivated, passionate, and devoted in all that he does. He is faithfully pursuing a personal ... see full details and contact information for Jon ... because he loves serving people and enjoys finding solutions to problems.
Jon has
Serving the areas of Frankton, Economy, Carthage, Milroy, Cambridge City, Lewisville, Sulphur Springs, Westport & Glenwood
Read the reviews for Jon Kindred
Lindsay King
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Buying or selling your home can be overwhelming! That is why you need to work with a dedicated agent who can guide you ... see full details and contact information for Lindsay ... ensure that you receive the excellent service you expect and deserve!
Lindsay has
Serving the areas of Shirley, Spiceland, Knightstown, New Castle, Greensboro & Carthage
Ted Moss, Broker/Owner
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I have been awarded the 5 Star Award for the top 5 percent of all Realtors, for 2011-2014. The Distinguished Service Award ... see full details and contact information for Ted ... biggest Investment of there lives most times. Give me a call, Thanks Ted
Ted has
Serving the areas of Wilkinson, Pendleton, Shirley, Summitville, Middletown, Fishers, New Castle, Anderson, Alexandria & Lapel
Dakota James
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Listing Leaders


Office address:
5061 E LINCOLN HWY
MERRILLVILLE, IN

Dakota has
Serving the areas of Charlottesville, Beech Grove, Greensboro, New Palestine, McCordsville, Ingalls, Fortville, Fairland, Kennard & Indianapolis
Read the reviews for Dakota James
Chris Ambrosetti
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Realtor for 8 years now, new home builder for 19 plus years, Healthy homes certified. VA Disabled Veterans Handicap ... see full details and contact information for Chris ... Estate in East Central Indiana areas, over 1.65 million sold this year..
Chris has
Serving the areas of Shirley, Albany, Ingalls, Eaton, Fishers, Cambridge City, Middletown, McCordsville, Charlottesville & Kennard
Holly Guffey
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I love Real Estate! Let me help you with all of your Real Estate needs whether it be buying or selling! I'm ready when you are!
This realtor has
Serving the areas of Kennard, Middletown, Dunreith, Spiceland, Mount Summit, Lewisville, Straughn, Losantville & New Castle
Kimberly Burke-Alcorn
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F.C. Tucker/Crossroads Real Es


Office address:
1122 Broad St
New Castle , IN

This realtor has
Serving the areas of Greenfield, Greensboro, Wilkinson, Mount Summit, Hagerstown, Losantville, Springport, New Castle, Kennard & Mooreland
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Pros:

1. Stability: Owning a home in Elwood, Indiana provides stability as you can settle in one place for a longer period of time.
2. Equity: Owning a home is an investment that can appreciate over time, giving you the potential to build equity.
3. Tax benefits: Homeowners get tax breaks which means you save money by writing off some of your mortgage interest on your taxes.
4. The town of Elwood offers a lower cost of living, which means you can save money on daily expenses as compared to other cities.
5. Community atmosphere: Elwood is known to have a welcoming and friendly atmosphere with a strong sense of community.

Cons:

1. Responsibility: Homeowners are responsible for all home maintenance and repairs, which can be a time-consuming and expensive task.
2. Cost: Owning a home is usually more expensive than renting because of the initial cost of purchasing a home, as well as property taxes, insurance, and utilities.
3. Reduced flexibility: Owning a home ties you down in one place, which can be limiting if you need to relocate to another city for work or other reasons.
4. Market fluctuations: Housing markets fluctuate, so purchasing a home may not always be best suited for your financial situation, particularly if home prices are high.
5. Commute: While Elwood is a charming small town, it is located far from some of the major population centers in Indiana. This means that a lot of people who live in Elwood need to commute to work, which can be time-consuming and expensive.

Overall, there are benefits and drawbacks to owning a home in Elwood or any place, and the decision of whether or not to own a home is ultimately a personal one that depends on your priorities and financial situation.