Sold on oct 2026

$150,000

•

1,938

sq ft

1403 Madison Rd, Elwood, IN 46036

Track this home’s value and nearby sales activity

About this home

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.

Single-familyProperty Type

1958Year Built

0.28 acresLot Size

$77Price/Sq.Ft.

Listed by Terry Sheets • Jeff Boone Realty, LLC

Listed by Jacob Waters • Jeff Boone Realty, LLC

Bought with Eric Lewis • Real Broker, LLC

Redfin checked: 2 minutes ago

•Source:MIBOR as Distributed by MLS Grid #22093388

Redfin Estimate

$154,613

$4,613 since sold in October 2026$3,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 34.1% higher than the average sale price ($115K) of 6 comparable homes.

SOLD JUL 13, 2026
$75,000
A
3 beds1 bath1,873 sq ft
2508 N A St, Elwood, IN 46036
SOLD AUG 5, 2026
$73,455
B
3 beds1 bath1,608 sq ft
1634 S B St, Elwood, IN 46036
SOLD OCT 22, 2026
$150,000
C
3 beds1 bath1,292 sq ft
1301 S J St, Elwood, IN 46036
SOLD MAY 29, 2026
$126,500
D
3 beds1 bath1,904 sq ft
2319 S B St, Elwood, IN 46036
SOLD JUL 2, 2026
$85,000
E
3 beds2 baths1,959 sq ft
1316 S E St, Elwood, IN 46036
SOLD OCT 13, 2026
$182,000
F
3 beds1.5 baths1,672 sq ft
1410 S I St, Elwood, IN 46036

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Market trends in 46036, IN

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

92.7%

2.3% MoM

Median sale price

$167K

$11K MoM

Avg. days on market

41d

5 days MoM

Recently sold homes

9 MoM

New listings for sale

NEW 2 HRS AGO
$449,000
3 beds2 baths2,117 sq ft
1710 S 800 E, Elwood, IN 46036
$169,900
2 beds2 baths1,536 sq ft
2806 S L St, Elwood, IN 46036
OPEN SUN, 12PM TO 2PM
$240,000
3 beds2 baths1,776 sq ft
7578 E State Road 28, Elwood, IN 46036
NEW 30 HRS AGO
$150,000
3 beds2 baths1,456 sq ft
315 S 3rd, Elwood, IN 46036
NEW 30 HRS AGO
$217,900
3 beds2.5 baths1,606 sq ft
2204 S E, Elwood, IN 46036
$165,000
2 beds1 bath1,512 sq ft
1015 S Anderson St, Elwood, IN 46036
$200,000
2 beds1.5 baths1,693 sq ft
325 S A St, Elwood, IN 46036
$77,000
2 beds1 bath1,031 sq ft
910 S B St, Elwood, IN 46036
$70,000
2 beds1 bath1,480 sq ft
2020 S A St, Elwood, IN 46036
$259,777
4 beds3 baths2,262 sq ft
1909 S J St, Elwood, IN 46036
See all

Provided by Redfin

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Rental estimate

Est. $999 per month, based on comparable rentals

Sale and tax history for 1403 Madison Rd

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2025

$294 (+1.9%)

$16,400 + $63,900

$80,300

2024

$289 (+48.2%)

$16,400 + $63,900

$80,300

2023

$195 (+84.8%)

$16,400 + $63,900

$80,300

2022

$105 (−84.6%)

$15,500 + $58,200

$73,700

2021

$687 (+5.9%)

$14,500 + $58,200

$72,700

2020

$649 (+2.2%)

$14,500 + $53,400

$67,900

2019

$635 (+2.4%)

$13,800 + $49,500

$63,300

2018

$620 (+1.1%)

$13,800 + $48,100

$61,900

2017

$613 (−10.2%)

$13,800 + $45,900

$59,700

2016

$683

$13,800 + $45,900

$59,700

2015

$683 (+2.4%)

$13,800 + $47,900

$61,700

2014

$667

$13,800 + $47,900

$61,700

2013

$667

$13,800 + $47,300

$61,100

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

84 ft.

Lot depth

144 ft.

Lot size

0.28 Acres

Year renovated

1958

Sq. Ft.

1,938

Year built

1958

Style

Single Family Residential

County

Madison County

APN

480421100032000027

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 28, 2026.

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

Parking

Parking Information
Parking Features: Concrete

Interior

Interior Sq. Ft. Information
Building Area Total: 1938
Living Area: 1938
Main Level Sq. Ft.: 1938
Upper Level Sq. Ft.: 0

Bedroom Information
Primary Bedroom Description: See Remarks
# of Bedrooms Main: 3
Beds MU: 3
Bedrooms MU: 3

Bathroom Information
# of Full Baths (Total): 1
# of Full Baths (Main): 1
Full Baths MU: 1
Full Bathrooms MU: 1

Room 1 Information
Room Type: Living Room
Room Dimensions: 29X14
Room Level: Main

Room 2 Information
Room Type: Dining Room
Room Dimensions: 15X14
Room Level: Main

Room 3 Information
Room Type: Kitchen
Room Dimensions: 15X14
Room Level: Main

Room 4 Information
Room Type: Laundry
Room Features: Other
Room Dimensions: 8X6
Room Level: Main

Room 5 Information
Room Type: Master Bedroom
Room Dimensions: 14X10
Room Level: Main

Room 6 Information
Room Type: Bedroom 2
Room Dimensions: 12X10
Room Level: Main

Room 7 Information
Room Type: Bedroom 3
Room Dimensions: 12X10
Room Level: Main

Room 8 Information
Room Type: Office
Room Dimensions: 14X10
Room Level: Main

Other Rooms Information
Rooms Upper: 0
Rooms Main: 8
Rooms Basement: 0
# of Rooms: 8

Laundry Room Information
Laundry Features: Main Level

Fireplace Information
# of Fireplaces: 1
Fireplace Features: Living Room, Wood Burning

Heating & Cooling
Heating Information: Forced Air, Natural Gas
Cooling Information: Central Air

Interior Features
Interior Features: Attic Access, Cathedral Ceiling(s), Eat-in Kitchen
Appliances: Dishwasher, Dryer, Gas Water Heater, MicroHood, Gas Oven, Refrigerator, Washer
Areas Interior: Laundry in Unit,Utility Room

Exterior

Exterior Features
Patio And Porch Features: Patio

Farm Information
Horse Amenities: None

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence

Land Information
Acres: 1/4-1/2 Acre

Lot Information
Lot Size Acres: 0.28

Utilities

Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Public
Electric: Circuit Breakers
Utilities: Natural Gas Connected, Sewer Connected, Water Connected
Solid Waste Information: No

Location

School Information
Elementary School: Elwood Elementary School
Intermediate School: Elwood Intermediate School
High School District: Elwood Community School Corp

Location Information
Directions: GPS Friendly
Tax Legal Description: Ne Ne 0.2780Acres Str: 21216 Section: Plat: 00 In: Out:

Community Information
Low Maintenance Lifestyle YN: Yes

Public facts

Beds: 3
Baths: 1.0
Sq. Ft.: 1,938
Stories: 1.0
Lot Size: 0.28 acres
Style: Single Family Residential
Year Built: 1958
Year Renovated: 1958
County: Madison County
APN: 480421100032000027

Home facts updated by county records on Sep 28, 2026

Other

Green Information
Direction Faces: North

Home Information
Foundation Details: Slab
Construction Materials: Brick, Vinyl With Brick
Levels: One

Around this home

Schools

Elwood Elementary School

Public PreK-2 • Assigned • 1.6mi

Elwood Junior-Senior High School

Public 7-12 • Assigned • 1.9mi

4/10

Provided by GreatSchools

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

95/ 100

Exceptional sunlight

Sunscore

This home ranks in the top 19% for direct sun exposure in Elwood. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10.8 hrs

6.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$147,000 – $178,000

Sell confidently with a local market expert in Elwood.

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New listings for sale in 46036

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NEW 30 HRS AGO

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Three parcels • Newer roof • New windows

NEW 30 HRS AGO

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3 beds2.5 baths1,606 sq ft

2204 S E, Elwood, IN 46036

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$165,000

2 beds1 bath1,512 sq ft

1015 S Anderson St, Elwood, IN 46036

Front porch • Rich woodwork • Tall ceilings

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2 beds1.5 baths1,693 sq ft

325 S A St, Elwood, IN 46036

Privacy fence • Large storage shed • Firepit

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Good size back yard • 6,825 sq ft lot • Garage

Home values near 1403 Madison Rd

Data from public records.

Address	Redfin Estimate
1326 Madison Road, Elwood, IN 3 Beds \| 2 Baths \| 2424 Sq. Ft.	$122,659
1325 Madison Road, Elwood, IN 2 Beds \| 1 Baths \| 1352 Sq. Ft.	$158,745

Address	Redfin Estimate
1329 Madison Road, Elwood, IN 2 Beds \| 1.5 Baths \| 1047 Sq. Ft.	$165,521
1319 Madison Road, Elwood, IN 4 Beds \| 2 Baths \| 1536 Sq. Ft.	$168,754

Address	Redfin Estimate
1322 Madison Road, Elwood, IN 3 Beds \| 1 Baths \| 1000 Sq. Ft.	$155,418
1331 Madison Road, Elwood, IN 5 Beds \| 2 Baths \| 1487 Sq. Ft.	$180,462

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2026. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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1403 Madison Rd, Elwood, IN 46036

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About this home

Redfin Estimate

Market trends in 46036, IN

Homeowner tools

Sale and tax history for 1403 Madison Rd

Public record

Property details

Parking

Interior

Exterior

Utilities

Location

Public facts

Other

Around this home

Schools

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 46036

Home values near 1403 Madison Rd

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