Google street view image for 1525 Fairground Rd, Elwood, IN 46036

Off market

$156,920

•

1.5 ba

•

1,092

sq ft

1525 Fairground Rd, Elwood, IN 46036

About this home

1525 Fairground Rd is a 1,092 square foot house on a 0.31 acre lot with 3 bedrooms and 1.5 bathrooms. Based on Redfin's Elwood data, we estimate the home's value is $156,920.

Single-familyProperty Type

1963Year Built

0.31 acresLot Size

$144Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$156,920

$1,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 4.6% lower than the average sale price ($164K) of 6 comparable homes.

SOLD JUN 15, 2026
$168,000
A
3 beds1 bath1,086 sq ft
900 N 16th St, Elwood, IN 46036
SOLD MAY 22, 2026
$216,000
B
3 beds2 baths1,346 sq ft
900 N J St, Elwood, IN 46036
SOLD APR 9, 2026
$171,000
C
3 beds1 bath1,164 sq ft
1605 N K St, Elwood, IN 46036
SOLD APR 16, 2026
$189,000
D
3 beds2 baths1,168 sq ft
2415 N A St, Elwood, IN 46036
SOLD AUG 17, 2026
$132,900
E
3 beds1 bath1,132 sq ft
512 N 13th St, Elwood, IN 46036
SOLD AUG 14, 2026
$110,000
F
3 beds1 bath1,128 sq ft
921 N 12th 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

$968/mo

Redfin rental estimate

List your home for rent

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 9 HRS AGO
$35,000
3 beds1 bath1,360 sq ft
2417 N C St, Elwood, IN 46036
NEW 16 HRS AGO
$167,000
3 beds1 bath1,352 sq ft
207 N 4th St, Elwood, IN 46036
OPEN SUN, 12PM TO 2PM
$449,000
3 beds2 baths2,117 sq ft
1710 S 800 E, Elwood, IN 46036
OPEN SUN, 12PM TO 2PM
$240,000
3 beds2 baths1,776 sq ft
7578 E State Road 28, Elwood, IN 46036
$150,000
3 beds2 baths1,456 sq ft
315 S 3rd, Elwood, IN 46036
$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
See all

Provided by Redfin

Sale history for 1525 Fairground Rd

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

Year

Property tax

Land + Additions

Assessment*

2025

$1,701 (+2.8%)

$21,300 + $60,900

$82,200

2024

$1,654 (+8.7%)

$21,300 + $60,900

$82,200

2023

$1,521 (+1.9%)

$21,300 + $60,900

$82,200

2022

$1,493 (+304.3%)

$20,300 + $55,200

$75,500

2021

$369 (−41.4%)

$18,900 + $55,200

$74,100

2020

$630 (−28.7%)

$18,900 + $50,900

$69,800

2019

$884 (+115.5%)

$18,000 + $51,500

$69,500

2018

$410 (−28.4%)

$18,000 + $50,000

$68,000

2016

$573 (−67.7%)

$18,000 + $46,200

$64,200

2015

$1,773 (+403.7%)

$18,000 + $55,200

$73,200

2014

$352 (−16.4%)

$18,000 + $55,200

$73,200

2013

$421

$18,000 + $54,100

$72,100

Tax history for 1525 Fairground Rd

Year

Property tax

Land + Additions

Assessment*

2025

$1,701 (+2.8%)

$21,300 + $60,900

$82,200

2024

$1,654 (+8.7%)

$21,300 + $60,900

$82,200

2023

$1,521 (+1.9%)

$21,300 + $60,900

$82,200

2022

$1,493 (+304.3%)

$20,300 + $55,200

$75,500

2021

$369 (−41.4%)

$18,900 + $55,200

$74,100

2020

$630 (−28.7%)

$18,900 + $50,900

$69,800

2019

$884 (+115.5%)

$18,000 + $51,500

$69,500

2018

$410 (−28.4%)

$18,000 + $50,000

$68,000

2016

$573 (−67.7%)

$18,000 + $46,200

$64,200

2015

$1,773 (+403.7%)

$18,000 + $55,200

$73,200

2014

$352 (−16.4%)

$18,000 + $55,200

$73,200

2013

$421

$18,000 + $54,100

$72,100

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

Zoning

Agriculture District

The AG District is intended to provide a land use category for agricultural activities. The provisions that regulate this land use district should protect, promote and maintain areas in Madison County primarily for farming operations; Madison County's Plan Commission and Board of Zoning Appeals should strive to protect this district from conflicting land uses, non-agriculture oriented businesses, and any use that may inflict significant environmental impacts or be injurious to the agriculture community.

Permitted uses

Include but are not limited to:

Agriculture
Livestock production
Religious facility
Housing-Single unit
Housing-Other
Infrastructure
Educational/school
Recreation
Agriculture-Cropland
Housing-Mobile home park

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: 7

Exterior

Exterior Information
Physical Condition: Fair
Construction Type: Brick
Building Type: Single Family

Property Information
Subdivision Name: V/S 16TH ST
Living Sq. Ft: 1,092
Adjusted Gross Sq. Ft: 1,092
Ground Floor Sq. Ft: 1,092
Building Sq. Ft: 1,456
# of Stories: 1
Legal Description: BEECHLAND 55.5' E END LOT 51 V/S LOT 54

Parking & Garage Information
# of Parking Spaces: 2
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 364
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 13,499
Legal Lot Number: 51
Municipality Name: PIPE CREEK TOWNSHIP
Acres: 0.3099
Depth Footage: 180
Front Footage: 75
County Use Description: ONE FAMILY DWELL ON PLATTED

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 3
Baths: 1.5
Sq. Ft.: 1,092
Stories: 1.0
Lot Size: 0.31 acres
Style: Single Family Residential
Year Built: 1963
Year Renovated: 1965
County: Madison County
APN: 480410202007000026

Home facts updated by county records on Sep 28, 2026

Around this home

Schools

K - 12
Preschool & daycare

Elwood Intermediate School

Public 3-6 • Assigned • 0.3mi

4/10

Elwood Junior-Senior High School

Public 7-12 • Assigned • 0.3mi

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 101° 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

$150,000 – $181,000

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

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New listings for sale in 46036

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Single level layout • Wood windows • Near callaway park

Home values near 1525 Fairground Rd

Data from public records.

Address	Redfin Estimate
1601 Fairground Rd, Elwood, IN 3 Beds \| 1.5 Baths \| 1860 Sq. Ft.	$227,887
1600 North M St, Elwood, IN - Beds \| 2.5 Baths \| 4529 Sq. Ft.	$442,784
1205 North Anderson St, Elwood, IN 4 Beds \| 1.5 Baths \| 1944 Sq. Ft.	$167,153
1209 North Anderson St, Elwood, IN 2 Beds \| 1 Baths \| 796 Sq. Ft.	—
1233 North Anderson St, Elwood, IN 3 Beds \| 1 Baths \| 3058 Sq. Ft.	$114,369
1607 North, Elwood, IN - Beds \| - Baths \| - Sq. Ft.	$301,641

Address	Redfin Estimate
1607 Fairground Rd, Elwood, IN 4 Beds \| 2 Baths \| 2264 Sq. Ft.	$235,817
1218 North Anderson St, Elwood, IN 3 Beds \| 1 Baths \| 1648 Sq. Ft.	$93,104
1229 North Anderson St, Elwood, IN - Beds \| 1 Baths \| 900 Sq. Ft.	$86,832
1221 North Anderson St, Elwood, IN 1 Beds \| 1 Baths \| 1322 Sq. Ft.	$174,318
1528 North M St, Elwood, IN - Beds \| 2 Baths \| 2079 Sq. Ft.	$278,487

Address	Redfin Estimate
1206 North Oak St, Elwood, IN 3 Beds \| 1.5 Baths \| 3038 Sq. Ft.	$212,683
9049 West 1300 N, Elwood, IN 3 Beds \| 2 Baths \| 1836 Sq. Ft.	$216,787
1235 North Anderson St, Elwood, IN 2 Beds \| 1 Baths \| 1414 Sq. Ft.	$128,911
1515 North M St, Elwood, IN - Beds \| 2 Baths \| 2272 Sq. Ft.	$311,794
1605 North M St, Elwood, IN 3 Beds \| 2 Baths \| 2028 Sq. Ft.	$266,120

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