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(SOLD) $82,000

5972 County Road 1650 N Road Elwood, IN  46036

  • 10.00 Acres

Property Description for 5972 County Road 1650 N Road 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 Road 1650 N Road Elwood IN 46036
Status:Sold
Sold On: 7/3/2024
Price:$149,900
Bathrooms:0
Lot Size:10.00
County: Madison County
Township: Boone
School System : Madison-Grant United
MLS #:202412922
Property Type:Residential Land

Lot Dimensions:See tax docs
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

Tax Year:2023
Mandatory HOA Fee:$

City:Elwood
Subdivision: None
Zip Code:46036

School System:Madison-Grant United
High School:Madison Grant
Middle School:Madison Grant
Elementary School:Summitville

Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Aaron Starr with F.C. Tucker Company - Noblesville

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Elwood Market Report

74
Avg. DOM
$111.81
Avg. $ / Sq.Ft.
$ 189,900
Med. List Price

The house prices in Elwood are not dropping at the moment. There has been a increase in price of $18,911.27. 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 $104.93 per square feet. At the moment, the amount of homes listed is exactly 170 houses, with 28 with active status, 16 with pending status and 126 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 $878.39. 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 64 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 3753 minutes ago.

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

The cost of the most expensive home in Elwood is $300,000.00. 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 $44,900.00 . 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 1882 and the newest built house is in year 2024.

The average size of properties in Elwood is 1829.21 sq.ft. , the biggest one being 4211 sq.ft. and the smaller being 672 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.