Value add opportunity in Elwood with heavy lifting already done. Brand new framework, all new HVAC system including air conditioner and furnace, fully electric, and all new windows installed. Drywall is up and ready for finishing. Flooring still needs to be laid. Perfect for investors seeking a clean rehab with clear scope, fast turnaround potential, and solid ARV upside.
Active
Price cut: $10K (3/11)
$150,000
2115 S I St, Elwood, IN 46036
4beds
1,987sqft
Est.:
Residential, Single Family Residence
Built in 1895
7,405.2 Square Feet Lot
$-- Zestimate®
$75/sqft
$-- HOA
What's special
Fully electricAll new windows installedBrand new framework
- 43 days |
- 417 |
- 7 |
Zillow last checked: 7 hours ago
Listing updated: March 11, 2026 at 05:23am
Listing Provided by:
MeMe Howard 317-997-9646,
Compass Indiana, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22082918
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 320 Square Feet
- Dimensions: 16x20
Bedroom 2
- Level: Main
- Area: 120 Square Feet
- Dimensions: 10x12
Bedroom 3
- Features: Other
- Level: Upper
- Dimensions: 0x0
Bedroom 4
- Features: Other
- Level: Upper
- Dimensions: 0x0
Dining room
- Level: Main
- Area: 140 Square Feet
- Dimensions: 10x14
Living room
- Level: Main
- Area: 168 Square Feet
- Dimensions: 12x14
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: None
Features
- Pantry
- Has basement: Yes
Interior area
- Total structure area: 1,987
- Total interior livable area: 1,987 sqft
- Finished area below ground: 0
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 7,405.2 Square Feet
Details
- Parcel number: 480415301049000027
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Victorian
- Property subtype: Residential, Single Family Residence
Materials
- Shingle Siding
- Foundation: Concrete Perimeter, Crawl Space
Condition
- New construction: No
- Year built: 1895
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Lynwood
HOA
- Has HOA: No
Location
- Region: Elwood
Financial & listing details
- Price per square foot: $75/sqft
- Tax assessed value: $60,400
- Annual tax amount: $1,490
- Date on market: 2/6/2026
- Cumulative days on market: 45 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/11/2026 | Price change | $150,000-6.3%$75/sqft |
Source:  MIBOR as distributed by MLS GRID #22082918 Report a problem | ||
| 2/6/2026 | Listed for sale | $160,000+103.8%$81/sqft |
Source: MIBOR as distributed by MLS GRID #22082918 Report a problem | ||
| 9/12/2025 | Sold | $78,500$40/sqft |
Source: MIBOR as distributed by MLS GRID #22057996 Report a problem | ||
| 9/3/2025 | Listed for sale | $78,500$40/sqft |
Source: MIBOR as distributed by MLS GRID #22057996 Report a problem | ||
| 9/2/2025 | Pending sale | $78,500$40/sqft |
Source: MIBOR as distributed by MLS GRID #22057996 Report a problem | ||
| 8/30/2025 | Listed for sale | $78,500$40/sqft |
Source: MIBOR as distributed by MLS GRID #22057996 Report a problem | ||
| 8/30/2025 | Pending sale | $78,500$40/sqft |
Source: MIBOR as distributed by MLS GRID #22057996 Report a problem | ||
| 8/28/2025 | Price change | $78,500-10.3%$40/sqft |
Source: MIBOR as distributed by MLS GRID #22057996 Report a problem | ||
| 8/21/2025 | Price change | $87,500-12.5%$44/sqft |
Source: MIBOR as distributed by MLS GRID #22057996 Report a problem | ||
| 6/18/2025 | Pending sale | $100,000$50/sqft |
Source: MIBOR as distributed by MLS GRID #22041556 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,490 +9.5% | $60,400 -18.9% |
| 2024 | $1,361 +0.4% | $74,500 +9.7% |
| 2023 | $1,355 +9.9% | $67,900 +0.4% |
| 2022 | $1,233 +4.6% | $67,600 +9.9% |
| 2021 | $1,179 +2.8% | $61,500 +4.6% |
| 2020 | $1,147 +5.1% | $58,800 +2.8% |
| 2019 | $1,091 +1.7% | $57,200 +6.1% |
| 2018 | $1,073 -12.8% | $53,900 +1.7% |
| 2017 | $1,231 +0.8% | $53,000 -12.8% |
| 2016 | $1,221 +1.2% | $60,800 +1.2% |
| 2014 | $1,206 | $60,100 |
| 2013 | $1,206 +1.9% | $60,100 +1.9% |
| 2012 | $1,184 | $59,000 +7.1% |
| 2011 | -- | $55,100 -3.2% |
| 2010 | $1,144 -34.1% | $56,900 -1.7% |
| 2009 | $1,737 | $57,900 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$869/mo
Principal & interest
$774
Property taxes
$95
More affordability tools
Climate risks
Neighborhood: 46036
Nearby schools
GreatSchools rating
- NAElwood Elementary SchoolGrades: PK-2Distance: 1.2 mi
- 4/10Elwood Junior-Senior High SchoolGrades: 7-12Distance: 1.5 mi
- 3/10Elwood Intermediate SchoolGrades: 3-6Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Elwood Elementary School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 46036
- Indiana
- Madison County
- Elwood
- 46036
- 2115 S I St
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