×
  • Left arrow.Go Back

  • Share

  • Add Note

  • Email to Friend

  • Ask a Question

  • Print

  • Heart Icon.Save

(SOLD) $182,500

6371 E 550 S Elwood, IN  46036

  • 4 Beds
  • 1 Baths
  • 1,710 sq. Ft

Property Description for 6371 E 550 S Elwood, IN 46036

BACK ON THE MARKET AT NO FAULT OF THE SELLERS! Buyer financing fell through last minute! WOW! 5.89 acres in the outskirts of Tipton County! Property features many opportunities! Whether you are looking to completely renovate an existing home or build a new one of your own! Property features a 30x40 pole barn with concrete floors, LED lighting, and it's own 200 amp electric service. You will find camper hook ups on the pole barn as well. Chicken coop, shed, and acreage of serene and peaceful property waiting for you. Buyers responsibility to verify with the county for their residential building purposes. Property is being SOLD AS-IS. Well and septic on the property, but seller is unaware of condition of septic.Seller believes well to be in working order. Home is not currently habitable.

Address:6371 E 550 S Elwood IN 46036
Status:Sold
Sold On: 6/12/2024
Price:$225,000
Bedrooms:4 Beds
Bathrooms:1 Full Baths
Sq. Feet:1,710
Year Built:1959
Lot Size:5.89
County: Tipton
Township: Madison
MLS #:21976621
Property Type:Single Family Residence

Lot Dimensions:217800
Lot Features:Rural - Not Subdivision
Water Source:Private Well, Other
Directions:GPS Friendly
Main Level Sq. Ft. :1,130
Upper Level Sq. Ft. :480
Total Sq. Ft. :1,710
Basement:Yes

Loan Price
$1,384
Price And Interest $952/month
Property Tax $356/month
MTG INS $0/month
HOME INS $76/month
Price
$182,500
Down Payment %
0 %
Down Payment
$0
Property Taxes
$356/month
Home Owner Insurance
$912 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 10x16 Main
Kitchen 24x14 Main
Laundry 5x7 Main
Primary Bedroom 14x16 Main
Bedroom 2 10x10 Main
Bedroom 3 16x15 Upper
Bedroom 4 16x15 Upper

Semi-Annual Property Tax:$2,138
Tax Year:2023
Mandatory HOA Fee:$

Area: 8006 - Tipton - Madison
City:Elwood
Subdivision: No Subdivision
Zip Code:46036

High School:Tipton High School
Middle School:Tipton Middle School
Elementary School:Tipton Elementary School

Total Sq. Ft.:1,710
Interior Features:Windows Vinyl
Eating Area(s):None
Appliances:None
Exterior Features:Barn Pole, Barn Storage, Storage Shed
Exterior Type:Vinyl Siding
Cool:None
Heat:No Heating
Water Heater:None
Total Rooms:7
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 Summer Sherer with RE/MAX Anew Realty from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 04/29/2024 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

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 4923 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.