1 of 30

2827 Main Street

Elwood, IN 46036

2 beds
1 bath
935 sqft
10,542 sqft lot
$33 per sqft
1940 build

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INVESTOR OPPORTUNITY: Distressed Property... Single-Family Home Ready for Transformation! Looking for your next lucrative flip or rental project? This is it! This 935 sq. ft. 2-bedroom, 1-bathroom home is brimming with potential and awaits your creative vision. With some renovation, this distressed property could become a charming residence or a highly desirable rental. Features include: Spacious Yard (Including Second 0.12 Acre Lot) perfect for future landscaping or additional value-adding improvements. Prime Location with easy access to local amenities, making it attractive to future tenants or buyers. Don't miss this incredible chance to breathe new life into a property with major upside potential. Whether you're an experienced investor or just entering the market, this is your opportunity to capitalize on a high-demand rental market.

Listing courtesy of MIBOR / Highgarden Real Estate

Last checked: Checking… • Last updated Apr 9, 2025 •

MLS# 21961694 —

The Building

Year Built:

1940
New Construction:

false
Construction Materials:

Vinyl Siding
Architectural Style:

Ranch
Levels:

One
Basement:

false
Foundation Details:

Slab
Accessibility Features:

No
Green Certification:

No
Building Area Total:

935

Interior

Rooms:

4
Rooms Total:

4
Rooms Total:

4
Interior Features:

Entrance Foyer
Eating Area:

Dining Combo/Living Room

Room Dimensions

SqFt:

935
Main Level SqFt:

935
Living Area:

935

Financial & Terms

Buyer Financing:

Cash

Location

Directions:

GPS Friendly
Latitude:

40.27676
Longitude:

-85.82347

The Property

View:

true
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Parcel Number:

480415101102000027
Acres:

<1/4 Acre
Lot Features:

Corner Lot
Lot Size Acres:

0.24
Lot Size SqFt:

10,542 Sqft
Price Per Acre:

131250
Additional Parcels:

true
Additional Parcels Description:

48-04-15-101-100.000-027 (0.12 Acres)
Horse Amenities:

None

Listing Agent

Contact info:

Taxes

Tax Lot:

48-04-15-101-102.000-027
Tax Year:

2023
Semi Annual Property Tax Amt:

598

Beds

Beds:

2
Bedrooms:

2
Bedrooms Total:

2
Main Level Bedrooms:

2

Baths

Baths:

1
Full Baths:

1
Full Baths:

1
Full Baths Main:

1

Heating & Cooling

Heating:

Electric
Cooling:

None

Utilities

Utilities:

Electricity Connected, Sewer Connected, Water Connected
Electric:

100 Amp Service
Water Source:

Municipal/City
Solid Waste:

Yes

Appliances

Appliances:

None

Schools

Elementary School:

Elwood Elementary School
High School District:

Elwood Community School Corp

The Community

Subdivision Name:

No Subdivision
Association:

false

Parking

Parking Features:

Attached
Garage:

true
Garage Spaces:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Air Pollution Index

Provided by ClearlyEnergy

Utility Costs

$153/mo.

Estimate provided by ClearlyEnergy

View a full report

Sale history

Date	Event	Source	Price	% Change
4/4/25 Apr 4, 2025	Sold	MIBOR	$31,500	-30.0%
2/13/25 Feb 13, 2025	Pending	MIBOR	$45,000
2/10/25 Feb 10, 2025	Relisted	MIBOR	$45,000

House Sold on 4/4/2025

$31,500

Listing provided by broker:

Albert Stancato

Highgarden Real Estate

astancato@highgarden.com

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Listing Courtesy of: MIBOR and Highgarden Real Estate.

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2827 Main Street

Elwood, IN 46036