Google street view image for 1225 Madison Rd, Elwood, IN 46036

OFF MARKET

$156,388

•

1.5 ba

•

1,152

sq ft

1225 Madison Rd, Elwood, IN 46036

About this home

1225 Madison Rd is a 1,152 square foot house on a 8,059 square foot lot with 3 bedrooms and 1.5 bathrooms. Based on Redfin's Elwood data, we estimate the home's value is $156,388.

Single-familyProperty Type

1966Year Built

8,059 sq ftLot Size

$136Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$156,388

$6,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 12.5% higher than the average sale price ($139K) of 5 comparable homes.

SOLD MAR 31, 2026
$155,900
A
3 beds1 bath1,154 sq ft
1325 S K St, Elwood, IN 46036
SOLD MAY 26, 2026
$158,000
B
3 beds2 baths1,041 sq ft
1815 S M St, Elwood, IN 46036
SOLD MAR 26, 2026
$146,900
C
2 beds1 bath850 sq ft
1300 S K St, Elwood, IN 46036
SOLD AUG 5, 2026
$85,000
D
2 beds1 bath940 sq ft
2013 S J St, Elwood, IN 46036
SOLD OCT 23, 2025
$149,000
E
3 beds1 bath768 sq ft
1611 S L St, Elwood, IN 46036

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

Earn from this home

Rent

$956/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 20 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 1225 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

$908 (−4.4%)

$12,000 + $82,000

$94,000

2024

$950 (+7.0%)

$12,000 + $82,000

$94,000

2023

$888 (+3.7%)

$12,000 + $82,000

$94,000

2022

$856 (+8.9%)

$11,400 + $74,800

$86,200

2021

$786 (−3.4%)

$10,600 + $74,800

$85,400

2020

$814 (+2.4%)

$10,600 + $68,800

$79,400

2019

$795 (+4.7%)

$10,100 + $70,600

$80,700

2018

$759 (+1.2%)

$10,100 + $68,700

$78,800

2017

$750 (−15.8%)

$10,100 + $63,300

$73,400

2016

$891 (−35.6%)

$10,100 + $63,300

$73,400

2015

$1,383 (+59.7%)

$10,100 + $70,600

$80,700

2014

$866 (+5.6%)

$10,100 + $71,200

$81,300

2013

$820

$10,100 + $70,000

$80,100

Tax history for 1225 Madison Rd

Year

Property tax

Land + Additions

Assessment*

2025

$908 (−4.4%)

$12,000 + $82,000

$94,000

2024

$950 (+7.0%)

$12,000 + $82,000

$94,000

2023

$888 (+3.7%)

$12,000 + $82,000

$94,000

2022

$856 (+8.9%)

$11,400 + $74,800

$86,200

2021

$786 (−3.4%)

$10,600 + $74,800

$85,400

2020

$814 (+2.4%)

$10,600 + $68,800

$79,400

2019

$795 (+4.7%)

$10,100 + $70,600

$80,700

2018

$759 (+1.2%)

$10,100 + $68,700

$78,800

2017

$750 (−15.8%)

$10,100 + $63,300

$73,400

2016

$891 (−35.6%)

$10,100 + $63,300

$73,400

2015

$1,383 (+59.7%)

$10,100 + $70,600

$80,700

2014

$866 (+5.6%)

$10,100 + $71,200

$81,300

2013

$820

$10,100 + $70,000

$80,100

*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

Fireplace Information
# of Fireplaces: 1
Fireplace Type: Masonry
Has Fireplace

Room Information
# of Rooms: 5

Exterior

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

Pool Information
Pool Type: Above Ground
Has Pool

Property Information
Subdivision Name: ELWOOD HEIGHTS
Living Sq. Ft: 1,152
Adjusted Gross Sq. Ft: 1,152
Ground Floor Sq. Ft: 1,152
Building Sq. Ft: 1,440
# of Stories: 1
Legal Description: ELWOOD HTS 0.0000ACRES STR: 00000 SECTION: 2 PLAT: 00 IN: OUT:

Parking & Garage Information
# of Parking Spaces: 1
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 288
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 8,059
Legal Lot Number: 5
Municipality Name: PIPE CREEK TOWNSHIP
Acres: 0.185
Depth Footage: 120
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.: 1,152
Stories: 1.0
Lot Size: 8,059 square feet
Style: Single Family Residential
Year Built: 1966
Year Renovated: 1970
County: Madison County
APN: 480421100056000027

Home facts updated by county records on Jul 10, 2026

Around this home

Schools

Elwood Elementary School

Public PreK-2 • Assigned • 1.6mi

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

$149,000 – $180,000

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

Nearby similar homes

$44,900

2 beds1 bath1,136 sq ft

1813 S F St, Elwood, IN 46036

$169,000

2 beds1 bath1,169 sq ft

813 N 11th St, Elwood, IN 46036

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2 beds1 bath1,006 sq ft

1312 N D St, Elwood, IN 46036

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3 beds2 baths2,347 sq ft

1526 N B St, Elwood, IN 46036

$187,000

3 beds1 bath1,012 sq ft

410 W Van Buren St, Alexandria, IN 46001

$124,900

3 beds1 bath960 sq ft

1820 S M St, Elwood, IN 46036

New listings for sale in 46036

NEW 20 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

Home values near 1225 Madison Rd

Data from public records.

Address	Redfin Estimate
1217 Madison Road, Elwood, IN 3 Beds \| 1 Baths \| 925 Sq. Ft.	$147,580
1226 Madison Road, Elwood, IN 3 Beds \| 1 Baths \| 999 Sq. Ft.	$134,837

Address	Redfin Estimate
1302 Madison Road, Elwood, IN 3 Beds \| 1 Baths \| 1247 Sq. Ft.	$152,481
1221 Madison Road, Elwood, IN 3 Beds \| 1 Baths \| 3045 Sq. Ft.	$167,038

Address	Redfin Estimate
1311 Madison Road, Elwood, IN 3 Beds \| 1.5 Baths \| 1210 Sq. Ft.	$174,926
1209 Madison Road, Elwood, IN 3 Beds \| 1.5 Baths \| 1410 Sq. Ft.	$166,973

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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 1225 Madison Rd

Tax history for 1225 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 1225 Madison Rd

More real estate resources