Elwood Homes with Unfinished Basement

Elwood Homes with Unfinished Basement

Welcome to Elwood, Indiana – a charming city nestled in the heart of Madison County. Known for its friendly community, rich history, and picturesque landscapes, Elwood is the perfect place for families, retirees, and everyone in between. With a small-town vibe and a welcoming spirit, Elwood offers a unique blend of tranquility and accessibility, making it an ideal location for those seeking a peaceful yet vibrant lifestyle.

One of the standout features of homes in Elwood is the availability of properties with unfinished basements. These versatile spaces offer endless possibilities for homeowners to customize according to their needs and preferences. Whether you envision a cozy family retreat, a home gym, or a spacious entertainment area, an unfinished basement provides the perfect canvas to bring your dreams to life.

Elwood’s real estate market boasts a variety of homes, from charming bungalows to modern family residences, all featuring the potential for additional living space below ground. This flexibility not only allows for personal expression but also enhances the overall value of your property. Imagine the joy of crafting a personalized space that reflects your unique style while also increasing your home’s resale potential.

Living in Elwood means enjoying a tight-knit community with access to parks, local shops, and schools that prioritize education and engagement. With its convenient location just a short drive from larger cities, Elwood offers the best of both worlds – a serene lifestyle with urban amenities at your fingertips.

Come explore the possibilities that await you in Elwood, Indiana, and discover your dream home with an unfinished basement today!

Newest Elwood Homes with Unfinished Basement

717 S A Street, Elwood
$249,900
4 Beds ⋅ 3 Baths
Welcome to 717 S A St. your bright, beautifully updated home in the heart of Elwood! This cheerful two-level beauty offers 3,888 total square feet (including the unfinished basement) and has been completely remodeled and refreshed in 2025. It blends modern updates with timeless charm, giving you a home that feels both brand-new and warmly inviting. Step inside and discover a thoughtfully designed main level perfect for everyday living and entertaining. The open kitchen is a true showstopper with stainless-steel appliances, granite countertops, stylish new cabinets, and a generous island - ideal for cooking, gathering, or morning coffee chats. Just off the kitchen sits a formal dining room ready for family dinners or celebrations. You'll also find a convenient laundry room and half bath, a spacious living room with a cozy fireplace, and a dedicated office for work-from-home days or quiet reading. The first-floor primary suite is a peaceful retreat complete with an en-suite bathroom featuring tile floors and stylish new fixtures, plus a walk-in closet. Upstairs, 3 spacious bedrooms plus a flex room that give everyone room to spread out. Use the flex space as a fourth bedroom, workout room, play area, or second living space - the choice is yours! Outside, enjoy the classic front porch, alley access, and a fenced backyard that's perfect for gardening, playtime, or simply relaxing. A detached two-car garage adds extra convenience and storage, while the unfinished basement provides even more room for all your extras. Bright, updated, and full of possibilities - 717 S A Street is ready to welcome its next happy chapter. Come see why this Elwood gem feels like home the moment you walk through the door

717 S A Street, Elwood

Listing courtesy of Steffanie Hensley. REMAX ONE
926 S A Street, Elwood
$199,999
3 Beds ⋅ 2 Baths
Step into timeless charm with this beautiful two-story home offering 3 bedrooms and 2 full baths. The covered front porch and foyer welcomes you in with a stained glass window and a gorgeous original, tall wooden door. From there you step directly into the living room which features a gorgeous split staircase. Original woodwork and doors, including a classic pocket door adds character throughout, while the amazing library features an abundance of built-in shelving/cabinets. The updated kitchen boasts granite countertops, tile backsplash, and stainless-steel appliances. A spacious mudroom adds everyday convenience, and updated windows-including many oversized windows-come with a lifetime warranty. Upstairs, enjoy an updated bath featuring an incredible soaking tub. All three bedrooms offer generous space and plenty of closet storage. The back yard offers a wooden privacy fence across the back, a relaxing concrete patio and a 2 car detached garage. Updates include roof and new decking (2020), granite counters and backsplash (2017), back patio (2016), upstairs bath (2024), siding and gutters (2016), kitchen appliances (2017), water softener (2019), water heater (2020), sump pump (2021). A wonderful blend of historic character and modern updates!

926 S A Street, Elwood

Listing courtesy of Kaye Simmons. Hardie Group
1602 S D Street, Elwood
$139,900
4 Beds ⋅ 2 Baths
Discover a unique opportunity at 1602 S D ST, ELWOOD, IN. This single family residence, built in 1898, offers 2288 square feet of living space, blending historical charm with modern potential. It presents a chance to own a piece of history, reimagined for contemporary living. The property provides ample living arrangements with four bedrooms, offering versatile spaces for rest, work, or creative pursuits. Complementing these are two full bathrooms, ensuring comfort and convenience for residents and guests alike. Spanning two stories, this home provides a clear separation between living and private areas, fostering a sense of spaciousness and functional design. The generous lot size of 6930 square feet offers outdoor potential for gardening, recreation, or simply enjoying the open air. Inquire today to explore how this distinctive property can become the foundation for your next chapter. AUCTION starts 08/15/2026 and ends 08/18/2026.

1602 S D Street, Elwood

Listing courtesy of Daniel Witte. Witte Realty Group LLC
515 Main Street, Elwood
$465,000
4 Beds ⋅ 3 Baths
Step into a living piece of history-an extraordinary Greek Revival home built in 1859. Situated on a rare 0.85-acre corner lot spanning two corners, this 4-bedroom home blends timeless character with thoughtful modern updates. Mature trees, manicured landscaping, wrought iron fencing, and a wraparound driveway create a private, secret-garden setting. Inside, you'll find original hardwoods, door transoms, a curved staircase crafted with 5 different wood types, original working shutters, a solid steel balcony, and 2 wood-burning fireplaces. The updated 2024 kitchen features granite countertops, beautiful cabinetry, & LVP flooring. Spacious living areas, a formal dining room, finished third-floor flex space, a 2-car garage with an attached workshop-originally built as a horse barn with loft-mini barn, a private outdoor retreat, a concrete chessboard, and a back porch fireplace make this property truly one of a kind. A rare opportunity to own one of Elwood's historic treasures while enjoying space, privacy, charm, and modern functionality.

515 Main Street, Elwood

Listing courtesy of Jessica Noble. Carpenter, REALTORS®
928 S A Street, Elwood
$84,900
3 Beds ⋅ 1 Baths
Excellent investment opportunity on this bungalow in Elwood! Last rent was $985/month. Property needs some work but near parks and close to Speedway or Downtown. This 2 bedroom home features enclosed front and back porches, 2 spacious bedrooms on the main level, large eat-in kitchen with a breakfast bar, ceiling fans, separate laundry room, a huge upstairs loft area that could be used as a 3rd bedroom, and spacious yard. Additional 6 properties available from same seller/agent, varying condition. Property is sold in Receivership - requires UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW YORK approval of contract prior to closing. Property is sold as-is. Seller will not assume responsibility for any required repairs to the home to qualify for financing. Buyer to be responsible for all costs on the settlement statement except for Seller paid commissions and management fees. Please see the attached documents. The Seller Addendum must be executed and delivered with all Purchase Offers along with all disclosures and proof of funds. Seller will not assume responsibility for any required repairs to the home to qualify for financing. Utilities are inactive and the home is winterized.

928 S A Street, Elwood

Listing courtesy of Samuel Barron. Barron Property Services
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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID.


Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of 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. Some listings have been excluded from this website.


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