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(SOLD) $82,000

5972 County Rd 1650 N N Elwood, IN  46036

  • 10.00 Acres

Property Description for 5972 County Rd 1650 N N Elwood, IN 46036

2 lots totaling 10 acres are available for sale in a serene and private location adjacent to State Road 37. Situated between the lots is an abandoned elementary school, presenting a distinctive opportunity for significant renovation or demolition. Both lots are zoned for agricultural purposes, providing a wide range of potential uses including building a personal residence. In additional information, we uploaded a worksheet provided to us from the planning department that outlines uses allowed without a change required.

Address:5972 County Rd 1650 N N Elwood IN 46036
Status:Sold
Sold On: 7/3/2024
Price:$99,900
Bathrooms:0
Lot Size:10.00
County: Madison
Township: Boone
MLS #:21973822
Property Type:Residential Lots

Lot Dimensions:435600
Road Frontage:County Road
Road Access:County Rd, Frontage Road
Road Surface:Asphalt
Lot Features:Corner Lot
Zoning:Agricultural
Water Source:Private Well
Directions:State Road 37 to Duckcreek Rd/County Rd 1650N

Loan Price
$462
Price And Interest $428/month
Property Tax $0/month
MTG INS $0/month
HOME INS $34/month
Price
$82,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$408 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$000
Tax Year:2023
Other Disclosures:As Is, Defects/See Remarks
Mandatory HOA Fee:$

Area: 4802 - Madison - Boone
City:Elwood
Subdivision: No Subdivision
Zip Code:46036

Aaron Starr, REALTOR®/Broker, F. C. Tucker Company
Aaron Starr
Phone (317) 439-1933
Additional Phone (317) 776-0200
F.C. Tucker Company
Sheri Doty, REALTOR®/Broker, F. C. Tucker Company
Co-Listing Agent
Sheri Doty
(317) 366-7748
Starr Real Estate Team

Listing provided courtesy of P. Aaron Starr with F.C. Tucker Company from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 04/15/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or 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.





Elwood Market Report

90
Avg. DOM
$112.01
Avg. $ / Sq.Ft.
$ 186,450
Med. List Price

The house prices in Elwood are not dropping at the moment. There has been a increase in price of $22,877.06. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Elwood are going Up. The average house price is $186,450.00 and the average price per square feet is $112.95 per square feet. At the moment, the amount of homes listed is exactly 124 houses, with 20 with active status, 11 with pending status and 93 sold in Elwood .

The most popular place to buy a home in Elwood is 4804 - Madison - Pipe Creek. 4804 - Madison - Pipe Creek is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Elwood .

The average amount of property taxes you would have to pay for a home in Elwood is $1,021.29. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Elwood are staying listed for an average of 73 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Elwood was 6777 minutes ago.

At the moment we have 1 open houses that you can visit.

The cost of the most expensive home in Elwood is $379,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Elwood is $82,500.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Elwood in year 1886 and the newest built house is in year 2024.

The average size of properties in Elwood is 1835.35 sq.ft. , the biggest one being 3072 sq.ft. and the smaller being 1024 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.