This home's estimate is 14.3% lower than the average sale price ($189K) of 5 comparable homes.
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1318 Madison Rd, Elwood, IN 46036
About this home
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Market trends in 46036, IN
Last updated August 2026
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Sale history for 1318 Madison Rd
$29/sq ft
Tax history for 1318 Madison Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
R1
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.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 Bathroom Fixtures: 3
- Heating & Cooling
- Air Conditioning Type: Central
- Heating Type: Warm Air
- Fireplace Information
- # of Fireplaces: 1
- Fireplace Type: Masonry
- Has Fireplace
- Room Information
- # of Rooms: 6
Exterior
- Exterior Information
- Physical Condition: Average
- Construction Type: Wood
- Building Type: Single Family
- Property Information
- Subdivision Name: ELWOOD HEIGHTS
- Living Sq. Ft: 1,747
- Adjusted Gross Sq. Ft: 1,747
- Ground Floor Sq. Ft: 1,747
- Building Sq. Ft: 1,747
- # of Stories: 1
- Legal Description: ELWOOD HTS 0.0000ACRES STR: 00000 SECTION: PLAT: 00 IN: OUT:
- Parking & Garage Information
- # of Parking Spaces: 2
- Parking Type: Detached Garage
- Garage/Parking Sq. Ft: 336
- Garage / Carport Type: Detached
- Lot Information
- # of Buildings: 1
- Land Sq. Ft: 7,370
- Legal Lot Number: 54
- Municipality Name: PIPE CREEK TOWNSHIP
- Acres: 0.1692
- Depth Footage: 110
- Front Footage: 67
- County Use Description: ONE FAMILY DWELL ON PLATTED
Financial
- Assessor Information
- Assessment Year: 2025
Public facts
- Beds: 3
- Baths: 1.0
- Sq. Ft.: 1,747
- Stories: 1.0
- Lot Size: 7,370 square feet
- Style: Single Family Residential
- Year Built: 1961
- Year Renovated: 1969
- County: Madison County
- APN: 480416404098000027
Around this home
Schools
Public PreK-2 • Assigned • 1.6mi
Public 7-12 • Assigned • 1.9mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 102° expected this year, 18 days in 30 years
Minor risk of severe winds over next 30 years
3 unhealthy days expected this year, 5 days in 30 years
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.
Sell confidently with a local market expert in Elwood. 3 minutes to get started.
Nearby similar homes
New listings for sale in 46036
Home values near 1318 Madison Rd
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 1247 Sq. Ft. | $152,481 |
2 Beds | 1.5 Baths | 1047 Sq. Ft. | $166,252 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1.5 Baths | 1210 Sq. Ft. | $174,926 |
3 Beds | 1 Baths | 1000 Sq. Ft. | $148,452 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 2424 Sq. Ft. | $121,956 |
2 Beds | 1 Baths | 1352 Sq. Ft. | $155,768 |
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