Google street view image for 1209 Madison Rd, Elwood, IN 46036

OFF MARKET

$166,973

•

1.5 ba

•

1,410

sq ft

1209 Madison Rd, Elwood, IN 46036

About this home

1209 Madison Rd is a 1,410 square foot house on a 8,712 square foot lot with 3 bedrooms and 1.5 bathrooms. Based on Redfin's Elwood data, we estimate the home's value is $166,973.

Single-familyProperty Type

1966Year Built

8,712 sq ftLot Size

$118Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$166,973

$5,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 26.8% lower than the average sale price ($228K) of 4 comparable homes.

SOLD MAR 31, 2026
$155,900
A
3 beds1 bath1,154 sq ft
1325 S K St, Elwood, IN 46036
SOLD JUL 2, 2026
$260,000
B
3 beds2 baths1,664 sq ft
10550 Chapa Blvd, Elwood, IN 46036
SOLD JUN 12, 2026
$166,900
C
3 beds1 bath1,348 sq ft
1609 S G St, Elwood, IN 46036
SOLD JUN 26, 2026
$330,000
D
3 beds2 baths1,667 sq ft
9182 Mulligan Ct, Elwood, IN 46036

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Rent

$1,009/mo

Redfin rental estimate

List your home for rent

Market trends in 46036, IN

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

96.4%

1.0% MoM

Median sale price

$168K

$437 MoM

Avg. days on market

32d

0 days MoM

Recently sold homes

1 MoM

New listings for sale

NEW 9 HRS AGO
$339,900
4 beds2 baths4,386 sq ft
10313 N 775 W, Elwood, IN 46036
$299,900
3 beds2 baths1,652 sq ft
2710 N B St, Elwood, IN 46036
$159,900
3 beds1 bath1,236 sq ft
2826 N B St, Elwood, IN 46036
$169,000
2 beds1 bath1,169 sq ft
813 N 11th St, Elwood, IN 46036
$224,900
3 beds2 baths2,028 sq ft
926 S A St, Elwood, IN 46036
OPEN TODAY, 4AM TO 6PM
$185,000
3 beds1 bath1,118 sq ft
210 S 27th St, Elwood, IN 46036
3D WALKTHROUGH
$174,900
3 beds3 baths1,968 sq ft
805 S 17th St, Elwood, IN 46036
$159,999
3 beds1 bath1,292 sq ft
1301 S J St, Elwood, IN 46036
See all

Provided by Redfin

Sale history for 1209 Madison Rd

As the MLS and public records start to fill up, we'll list the details here.

Year

Property tax

Land + Additions

Assessment*

2025

$1,216 (+0.9%)

$12,500 + $107,000

$119,500

2024

$1,205 (+9.2%)

$12,500 + $107,000

$119,500

2023

$1,103 (+0.8%)

$12,500 + $107,000

$119,500

2022

$1,094 (+9.4%)

$11,900 + $97,400

$109,300

2021

$1,000 (+3.8%)

$11,000 + $97,400

$108,400

2020

$963 (+2.7%)

$11,000 + $89,000

$100,000

2019

$938 (+6.1%)

$10,500 + $84,800

$95,300

2018

$884 (+0.9%)

$10,500 + $82,300

$92,800

2017

$876 (+151.7%)

$10,500 + $76,100

$86,600

2016

$348 (−59.3%)

$10,500 + $76,100

$86,600

2015

$856 (+3.0%)

$10,500 + $74,100

$84,600

2014

$831 (−50.0%)

$10,500 + $74,100

$84,600

2013

$1,662

$10,500 + $72,600

$83,100

Tax history for 1209 Madison Rd

Year

Property tax

Land + Additions

Assessment*

2025

$1,216 (+0.9%)

$12,500 + $107,000

$119,500

2024

$1,205 (+9.2%)

$12,500 + $107,000

$119,500

2023

$1,103 (+0.8%)

$12,500 + $107,000

$119,500

2022

$1,094 (+9.4%)

$11,900 + $97,400

$109,300

2021

$1,000 (+3.8%)

$11,000 + $97,400

$108,400

2020

$963 (+2.7%)

$11,000 + $89,000

$100,000

2019

$938 (+6.1%)

$10,500 + $84,800

$95,300

2018

$884 (+0.9%)

$10,500 + $82,300

$92,800

2017

$876 (+151.7%)

$10,500 + $76,100

$86,600

2016

$348 (−59.3%)

$10,500 + $76,100

$86,600

2015

$856 (+3.0%)

$10,500 + $74,100

$84,600

2014

$831 (−50.0%)

$10,500 + $74,100

$84,600

2013

$1,662

$10,500 + $72,600

$83,100

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

Medium Density Residential District

Districts designed for residential use, R-1 are limited to dwellings and public and or semi-public uses which are normally associated with residential neighborhoods. The purpose of these districts is to create an attractive, stable and orderly residential environment. However, the families per dwelling and the lot and yard requirements are different in the three districts to provide for the various housing needs and desires of the citizens.

Permitted uses

Include but are not limited to:

Religious facility
Housing-Single unit
Educational/school
Fire house
Police station
Park & open space

Property details

Interior

Bathroom Information
# of Full Baths: 1
# of 1/2 Baths: 1
# of Bathroom Fixtures: 6

Heating & Cooling
Air Conditioning Type: Central
Heating Type: Warm Air

Room Information
# of Rooms: 6

Exterior

Exterior Information
Physical Condition: Average
Construction Type: Masonry
Building Type: Single Family

Property Information
Subdivision Name: ELWOOD HEIGHTS
Living Sq. Ft: 1,410
Adjusted Gross Sq. Ft: 1,410
Ground Floor Sq. Ft: 1,410
Building Sq. Ft: 1,914
# of Stories: 1
Legal Description: ELWOOD HTS 0.0000ACRES STR: 00000 SECTION: 2 PLAT: 00 IN: OUT:

Parking & Garage Information
# of Parking Spaces: 3
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 504
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 8,712
Legal Lot Number: 1
Municipality Name: PIPE CREEK TOWNSHIP
Acres: 0.2
Depth Footage: 130
Front Footage: 67
County Use Description: ONE FAMILY DWELL ON PLATTED

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 3
Baths: 1.5
Sq. Ft.: 1,410
Stories: 1.0
Lot Size: 8,712 square feet
Style: Single Family Residential
Year Built: 1966
Year Renovated: 1969
County: Madison County
APN: 480421100052000027

Home facts updated by county records on Jul 10, 2026

Around this home

Schools

Elwood Elementary School

Public PreK-2 • Assigned • 1.7mi

Elwood Junior-Senior High School

Public 7-12 • Assigned • 2.0mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 102° expected this year, 18 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

4/10 Air Factor

3 unhealthy days expected this year, 5 days in 30 years

Provided by First Street

Historical weather

Elwood, IN • 46036

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.1 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

10.1 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$159,000 – $193,000

Sell confidently with a local market expert in Elwood. 3 minutes to get started.

Nearby similar homes

$44,900

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NEW CONSTRUCTION

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New listings for sale in 46036

NEW 9 HRS AGO

$339,900

4 beds2 baths4,386 sq ft

10313 N 775 W, Elwood, IN 46036

$299,900

3 beds2 baths1,652 sq ft

2710 N B St, Elwood, IN 46036

$159,900

3 beds1 bath1,236 sq ft

2826 N B St, Elwood, IN 46036

$169,000

2 beds1 bath1,169 sq ft

813 N 11th St, Elwood, IN 46036

$224,900

3 beds2 baths2,028 sq ft

926 S A St, Elwood, IN 46036

OPEN TODAY, 4AM TO 6PM

$185,000

3 beds1 bath1,118 sq ft

210 S 27th St, Elwood, IN 46036

3D WALKTHROUGH

$174,900

3 beds3 baths1,968 sq ft

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$159,999

3 beds1 bath1,292 sq ft

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Home values near 1209 Madison Rd

Data from public records.

Address	Redfin Estimate
1217 Madison Rd, Elwood, IN 3 Beds \| 1 Baths \| 925 Sq. Ft.	$147,580
1221 Madison Rd, Elwood, IN 3 Beds \| 1 Baths \| 3045 Sq. Ft.	$167,038

Address	Redfin Estimate
1302 Madison Rd, Elwood, IN 3 Beds \| 1 Baths \| 1247 Sq. Ft.	$152,481
1225 Madison Rd, Elwood, IN 3 Beds \| 1.5 Baths \| 1152 Sq. Ft.	$156,388

Address	Redfin Estimate
1226 Madison Rd, Elwood, IN 3 Beds \| 1 Baths \| 999 Sq. Ft.	$134,837
1213 Madison Rd, Elwood, IN 3 Beds \| 1 Baths \| 1456 Sq. Ft.	$160,478

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 46036, IN

Sale history for 1209 Madison Rd

Tax history for 1209 Madison Rd

Zoning

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 46036

Home values near 1209 Madison Rd

More real estate resources