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$134,900
3 Beds ⋅ 1 Baths
Completely remodeled and move-in ready, this stunning 3 BR/1BA home in the heart of Elwood offers the perfect blend of modern updates and small-town charm. Renovated from top to bottom in 2025, nearly every major component is brand new including plumbing, electrical, windows, doors, cabinets, fixtures, paint, flooring, lighting, and roof, giving you peace of mind for years to come. Step inside to discover a bright, refreshed interior with stylish finishes and a functional layout designed for comfortable everyday living. The updated kitchen features brand-new cabinetry and fixtures, while the fully renovated bathroom showcases contemporary touches and quality craftsmanship. Fresh paint and new flooring throughout create a clean, cohesive feel in every room. With immediate possession available, you can move right in and start enjoying your new home without delay.

512 N 13th Street, Elwood

Listing courtesy of Hardie Group.

$15,000
This platted lot offers approximately 40x147 in size and is located in Elwood Community School District. The property is situated within a FEMA-designated AE flood zone (Special Flood Hazard Area). Development may be possible with proper planning, elevation, and compliance with local and state requirements. Buyers are encouraged to verify floodplain requirements, utility availability, and building potential with the city and appropriate authorities. Property is being sold as-is. Buyer to perform all due diligence.

N 14th Street, Elwood

Listing courtesy of Keller Williams Indy Metro NE.

$15,000
Versatile 0.21-acre residential lot available in an established Elwood neighborhood! Featuring 65.4' of frontage and 140' of depth, this level parcel offers a paved-access site with electricity available at the street. Please note: Due to city infrastructure limitations, there is currently insufficient water pressure for residential home construction. This makes the lot a perfect opportunity for non-residential creative uses. It is an ideal site for a private garden, a spacious secondary yard for a nearby neighbor, or the construction of a detached garage or hobby workshop (buyer to verify local zoning and permitting requirements for accessory structures). Whether you need extra storage or a personal outdoor retreat, this affordable lot provides excellent potential. Sold as-is.

N E Street, Elwood

Listing courtesy of Keller Williams Indy Metro NE.

$15,000
Build opportunity in Elwood! This flat 0.13-acre residential-zoned lot is currently being farmed and will require a flag survey to clearly mark boundaries. The parcel has been verified as buildable by the county, making it a great option for new construction. Previously improved with a home removed around 2014, utilities were historically present at the site. Buyer to verify current availability, connection status, locations, and any associated tap or hookup fees. Conveniently located near schools, parks, and downtown amenities. Ideal for a single-family home. Concept rendering shown for inspiration only-home not currently constructed. Bring your own builder or explore build-to-suit options.

N Eighth Street, Elwood

Listing courtesy of Keller Williams Indy Metro NE.

$15,000
VACANT LOT WITH ALLEY ACCESS - FLOOD PLAIN - DEVELOPMENT OPPORTUNITY Vacant 40' x 147' lot with rear alley access, offering potential for new construction with proper planning. Property is located within the 100-year flood plain and is best suited for buyers experienced with flood zone development, elevation requirements, or alternative land use. Ideal for elevated construction such as raised crawlspace or fill-pad design.

N J Street, Elwood

Listing courtesy of Keller Williams Indy Metro NE.

$135,000
4 Beds ⋅ 1 Baths
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.

2115 S I Street, Elwood

Listing courtesy of Compass Indiana, LLC.

$399,000
This well-kept 3 building complex is zoned I-1 Industrial. For the past two decades it has been the home of E&M Machining. A total of 11,765 sf. Bldg 204 is 5000 sf with a concrete floor which has handled a 23,000 lb laser. Includes 2 air compressors and 3 hoists. 768 sf office wing (furniture included) plus 2 lockable storage rooms. 240v 3 phase. 14' overhead door. Upstairs is a large apartment. Additional space upstairs for expansion. Bldg 206: 1680 sf welding shop/garage with restroom. 110/220v. Includes air compressor with drying system. 1 overhead door. Bldg 110: 3600 sf warehouse with 25' clear ceiling height. New 440v electric panel. Locked gas storage tank area. 2 large overhead doors suitable for semi's. Easy access to Hwy 37 and I-69, and to all of the Indianapolis Metro area. Great opportunity for private investor or owner-operator. Hey, come check this one out!

204 S Washington Street, Frankton

Listing courtesy of Top Choice Real Estate, LLC.

$385,000
Beautifully Remodeled 4-Plex-Prime Investment Opportunity! All units are rented! Don't miss this exceptional fully remodeled 4-plex, offering the perfect blend of modern finishes, comfort, and investment potential. This multi-family property features four spacious units, with two upstairs and two downstairs, all thoughtfully updated from top to bottom. Each unit has been completely renovated, including new kitchens with elegant stone countertops, 100% waterproof vinyl flooring, and plush carpet for added comfort. Superior sound insulation between units ensures minimal noise transfer, providing a quiet and private living experience for tenants or owners alike. This property truly shines as a live-in-one, rent-the-others opportunity, or as a turnkey investment with strong rental appeal. Stylish, durable finishes and quality upgrades throughout make this a standout multi=family home that's ready to generate income from day one. Home Warranty included. Super clean, modern, and move-in ready-this is one you won't want to miss!

1702 S E Street, Elwood

Listing courtesy of Bill Brogdon Realty.

$215,000
3 Beds ⋅ 2 Baths
Welcome to 1300 S B ST, ELWOOD, IN, this single-family residence offers a unique opportunity to create a comfortable haven! Completely remodeled in 2023 this lovely home offers three bedrooms and two full bathrooms thoughtfully arranged within 1104 square feet of living area, this home presents a space to personalize. Envision mornings beginning in one of the full bathrooms, designed for both functionality and relaxation. The bedrooms offer private retreats, each holding the potential to become a personalized sanctuary for rest and rejuvenation. The property includes a generous 6432 square foot lot area with a fully fenced in backyard presenting the opportunity to create an outdoor oasis. This 1.5 story home is ready to welcome its new owner!

1300 S B Street, Elwood

Listing courtesy of CENTURY 21 Scheetz.

$164,900
Incredible possibilities exist with this historic building in downtown Elwood. 3 levels of space to achieve almost any commercial interest. Main floor was last used as a coffee shop/bar which is still intact. Second level provides areas for storage or small offices. Upper level is a large open room with hardwood flooring and could be used for a multitude of different ideas. Come be a part of downtown Elwood's revival!

114 S Anderson Street, Elwood

Listing courtesy of Zuluscape.

$164,900
Commercial opportunity in the heart of downtown Elwood. This property offers an abundance of space and possibilities. Large storefront with ample room for a business, plus storage options galore. The upstairs of the building is a spacious 2 bedroom apartment or whatever the next owner decides. Nestled between thriving business in the Elwood's rapidly evolving and vibrant downtown area.

112 S Anderson Street, Elwood

Listing courtesy of Zuluscape.

$91,900
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 7 properties available from same seller/agent, also vacant, 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. Property is sold as-is. 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 Barron Property Services.

$150,000
This 7 acre property in Elwood is mostly wooded with a creek on the property.

State Road 13, Elwood

Listing courtesy of Carpenter, REALTORS®.

$5,900

1324 S C Street, Elwood

Listing courtesy of Eddy Properties, LLC.

$16,700
Corner lots on near northside of Elwood. Total area is 80X136. Parcel # 48-04-09-401-138.000-027 Taxes $102.00 year 40X136 Parcel # 48-04-09-401-171.000-027 Taxes $ 183.00 year .12 acre 40 foot frontage It is possible to build a four plex here.

N 12 Street, Elwood

Listing courtesy of Bill Brogdon Realty.

$15,000
Two corner city lots, totaling 0.26 acres, in a prime location! Conveniently close to Elwood Community Schools and Callaway Park. Both lots are being sold together as one package and will not be divided.

N 14th Street, Elwood

Listing courtesy of Greenside Realty Group.

$630,000
Rare find....35 acres! 32 acres of tillable land with an additional 2.85 acres of woodland.

N 900 W, Elwood

Listing courtesy of CENTURY 21 Scheetz.

$18,490
3 Lots starting at the corner of 18th and S Q St. Investment opportunity awaits.

1801 Q Street, Elwood

Listing courtesy of Arc Realty.

$329,900
3 Beds ⋅ 2 Baths
BRAND NEW!! EXCITING!! Ranch style home offering a 3 Bedrooms, 2 Full Bath with 2x6 exterior walls with increased insulation, 8/12 pitch roof, 9 foot ceilings, plus a two car attached finished garage with opener. Open floor plan with large great room with high end finishes featuring a stunning kitchen with 42" soft close cabinets, dovetail drawers, center island, Quartz countertops, all stainless steel appliances, stylish tile backsplash. Split-bedroom design with Master Bedroom featuring a walk-in shower and walk-in closet, large secondary bedrooms. Totally electric home with a efficient electric HVAC Heat Pump and air conditioner and a beautifully landscaped yard. No HOA! Additional lots available to build on. *******SPECIAL FINACING AVAILABLE FOR THOSE INDIVIDUALS WHO QUALIFY!!********* Up to $20,000 Down payment assistance while Money last. CALL AGENT FOR DETAILS ABOUT THE HOUSE OR FINANCING OPTIONS!!

1309 N 8th Street, Elwood

Listing courtesy of Premier Properties of IN, Inc..

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative