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  • Zestimate®
    $150,000

    1403 Madison Rd, Elwood, IN 46036

    3beds
    1,938sqft
    Residential, Single Family Residence
    Built in 1958
    0.28 Acres Lot
    $150,000 Zestimate®
    $77/sqft
    $1,318 Estimated rent

    Home value

    $150,000

    $137,000 - $164,000

    $1,318/mo

    Zestimate® history
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    What's special

    Spacious patioFurnace and central airStorage shed on cementLong drivewayUpdated roof and windows
    Motivated Seller wants to Welcome you home to this Single-Story charming 3 bedroom, 1 bath ranch situated on a spacious lot in Elwood. With nearly 2,000 square feet of living space, this home offers plenty of room to spread out and make it your own. It comes with a washer, dryer, refrigerator, dishwasher, stove, microwave. Kitchen cabinets were recently replaced, along with furnace and central air. Kitchen and bedrooms freshly painted, and carpets professionally cleaned. There is a separate entrance door to create a perfect home office, hobby room, or play space. Outside, the large backyard offers plenty of space for gardening, outdoor activities, pets, or simply relaxing. It has a spacious patio, and it is adorned with several types of plants and flowers. There is a long driveway, storage shed on cement. The home exterior is brick and vinyl with updated roof and windows. 1403 Madison Rd presents a great opportunity to create a space that truly feels like home.

    Zillow last checked:

    Listing updated:

    Listed by:

    Terry Sheets TLSHEETS61@GMAIL.COM,

    Jeff Boone Realty, LLC,

    Jacob Waters,

    Jeff Boone Realty, LLC

    Bought with:

    Eric Lewis

    Real Broker, LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 22093388MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 3
    Primary bedroom
    • Level: Main
    • Area: 140 Square Feet
    • Dimensions: 14X10
    Bedroom 2
    • Level: Main
    • Area: 120 Square Feet
    • Dimensions: 12X10
    Bedroom 3
    • Level: Main
    • Area: 120 Square Feet
    • Dimensions: 12X10
    Dining room
    • Features: Tile-Ceramic
    • Level: Main
    • Area: 210 Square Feet
    • Dimensions: 15X14
    Kitchen
    • Features: Tile-Ceramic
    • Level: Main
    • Area: 210 Square Feet
    • Dimensions: 15X14
    Laundry
    • Features: Other
    • Level: Main
    • Area: 48 Square Feet
    • Dimensions: 8X6
    Living room
    • Level: Main
    • Area: 406 Square Feet
    • Dimensions: 29X14
    Office
    • Level: Main
    • Area: 140 Square Feet
    • Dimensions: 14X10
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Gas Water Heater, MicroHood, Gas Oven, Refrigerator, Washer
    • Laundry: Main Level
    Features
    • Attic Access, Cathedral Ceiling(s), Eat-in Kitchen
    • Has basement: No
    • Attic: Access Only
    • Number of fireplaces: 1
    • Fireplace features: Living Room, Wood Burning
    Interior area
    • Total structure area: 1,938
    • Total interior livable area: 1,938 sqft

    Property

    Parking
    • Parking features: Concrete
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio
    Lot
    • Size: 0.28 Acres
    Details
    • Parcel number: 480421100032000027
    • Special conditions: Probate Listing
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Residential, Single Family Residence
    Materials
    • Brick, Vinyl With Brick
    • Foundation: Slab
    Condition
    • New construction: No
    • Year built: 1958

    Utilities & green energy

    • Electric: Circuit Breakers
    • Water: Public
    • Utilities for property: Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Low Maintenance Lifestyle
    • Subdivision: No Subdivision
    HOA
    • Has HOA: No
    Location
    • Region: Elwood

    Financial & listing details

    • Price per square foot: $77/sqft
    • Tax assessed value: $96,500
    • Annual tax amount: $278
    • Date on market: 4/6/2026
    • Cumulative days on market: 149 days

    Price history

    DateEventPrice
    10/20/2026Sold$150,000-3.8%$77/sqft
    Source: MIBOR as distributed by MLS GRID #22093388 Report a problem
    9/2/2026Pending sale$155,900$80/sqft
    Source: MIBOR as distributed by MLS GRID #22093388 Report a problem
    7/30/2026Price change$155,900-5.5%$80/sqft
    Source: MIBOR as distributed by MLS GRID #22093388 Report a problem
    6/23/2026Price change$164,900-2.9%$85/sqft
    Source: MIBOR as distributed by MLS GRID #22093388 Report a problem
    5/15/2026Price change$169,900-5.6%$88/sqft
    Source: MIBOR as distributed by MLS GRID #22093388 Report a problem
    4/6/2026Listed for sale$180,000$93/sqft
    Source: MIBOR as distributed by MLS GRID #22093388 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$279 +50.8%$96,500 +20.2%
    2024$185 +93.6%$80,300 +9%
    2023$95 -86.1%$73,700 +1.4%
    2022$687 +7.5%$72,700 +7.1%
    2021$639 +2.2%$67,900 +7.3%
    2020$625 +0.8%$63,300 +2.3%
    2019$620 +1.1%$61,900 +2.5%
    2018$613 -10.2%$60,400 +1.2%
    2017$683 +1.5%$59,700 -3.2%
    2016$673 +0.9%$61,700 +1%
    2014$667 $61,100
    2013$667 +0.2%$61,100 +1.5%
    2012$666 $60,200 -5%
    2011-- $63,400
    2010$682 +44.1%$63,400 +5.3%
    2009$473 $60,200 -0.5%
    2006-- $60,500 +13.1%
    2005-- $53,500
    Find assessor info on the county website

    Neighborhood: 46036

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Elwood Elementary School

    Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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