This inviting 1-bedroom, 1-bath home offers 1,120 square feet of comfortable living space with an open-concept design that feels warm and welcoming. A standout feature is the spacious sunroom, surrounded by windows and ideal for relaxing, entertaining, or enjoying natural light in every season. Situated on two city lots, the property provides plenty of room to spread out, complete with fully fenced backyard and a storage shed for added convenience. The easy flow of the layout helps the home feel larger than its size suggests. Whether you're looking for something simple, low-maintenance, and easy to enjoy, this home is a great fit!
Investors! Great Rental opportunity. This is a Cute Cottage style home situated on 2 city lots, rear fence, new patio and with Mature trees! Walking distance to grocery and restaurants. Huge Sunroom great for those cool summer evenings, Open floorplan that offers plenty of space for all your furniture. Charming Kitchen with stove, refrig and microwave included. Large updated Bath with walk-in shower. Washer and Dryer included. Large Bedroom with double closets. Estate. Motivated sellers that would sell house next door at 1526 as package deal.
Year
Property tax
Land + Additions
Assessment*
2025
$389 (+1.1%)
$9,700 + $62,600
$72,300
2024
$384 (+0.3%)
$9,700 + $62,600
$72,300
2023
$383 (+16.9%)
$9,700 + $62,600
$72,300
2022
$328 (+6.2%)
$9,200 + $57,100
$66,300
2021
$309 (−3.3%)
$8,800 + $57,100
$65,900
2020
$319 (+1.5%)
$8,800 + $52,200
$61,000
2019
$315 (+15.2%)
$8,800 + $52,700
$61,500
2018
$273 (−74.3%)
$8,800 + $51,200
$60,000
2017
$1,065 (+115.2%)
$6,200 + $46,800
$53,000
2016
$495 (+0.8%)
$6,200 + $46,800
$53,000
2015
$491 (+4.7%)
$6,200 + $15,300
$21,500
2014
$469 (+8.6%)
$6,200 + $15,800
$22,000
2013
$432
$6,200 + $14,900
$21,100
Public record
Public record
Zoning
Beds
—
Baths
1
Stories
1
Lot width
42 ft.
Lot depth
132 ft.
Lot size
5,545 Sq. Ft.
Year renovated
1985
Sq. Ft.
1,120
Year built
1985
Style
Single Family Residential
County
Madison County
APN
480422200228000026
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 28, 2026.
R2
Single-Family Residential District
The R2 District is intended to provide for the development of medium-sized single-family detached homes on medium-sized lots. The provisions that regulate this land use district should provide for the development of medium density residential neighborhoods.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Other
Recreation
Agriculture-Cropland
Housing-Mobile home park
Property details
Parking
Parking Information
Parking Features: Gravel
Interior
Interior Sq. Ft. Information
Building Area Total: 1120
Living Area: 1120
Main Level Sq. Ft.: 1120
Upper Level Sq. Ft.: 0
Bedroom Information
# of Bedrooms Main: 1
Beds MU: 1
Bedrooms MU: 1
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: 20x20
Room Level: Main
Room 2 Information
Room Type: Dining Room
Room Dimensions: 10x20
Room Level: Main
Room 3 Information
Room Type: Kitchen
Room Dimensions: 10x20
Room Level: Main
Room 4 Information
Room Dimensions: 14x14
Room Level: Main
Room 5 Information
Room Type: Sun Room
Room Dimensions: 15x12
Room Level: Main
Room 6 Information
Room Type: Laundry
Room Dimensions: 10x10
Room Level: Main
Other Rooms Information
Rooms Upper: 0
Rooms Main: 6
Rooms Basement: 0
# of Rooms: 6
Heating & Cooling
Heating Information: Forced Air, Natural Gas
Cooling Information: Window Unit(s)
Interior Features
Interior Features: Attic Access
Appliances: Dryer, Gas Water Heater, Gas Oven, Range Hood, Refrigerator, Washer
Exterior
Exterior Features
Fence YN: Yes
Fencing: Full
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: 0.26
Lot Features: Corner Lot
Utilities
Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Public
Solid Waste Information: No
Location
School Information
High School District: Elwood Community School Corp
Location Information
Directions: GPS Friendly
Tax Legal Description: S Elwood Block 10 Pt Lot 10 (0.12Ac)
Public facts
Beds: —
Baths: 1.0
Sq. Ft.: 1,120
Stories: 1.0
Lot Size: 5,545 square feet
Style: Single Family Residential
Year Built: 1985
Year Renovated: 1985
County: Madison County
APN: 480422200228000026
Home facts updated by county records on Sep 28, 2026
Other
Home Information
Foundation Details: Slab
Construction Materials: Vinyl Siding
Levels: One
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
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)
30
16
39
24
58
37
66
45
70
52
81
64
85
67
80
61
80
54
69
45
52
37
39
25
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
$132,000 – $159,000
Sell confidently with a local market expert in Elwood.