1525 S R St is a 800 square foot house on a 8,364 square foot lot with 2 bedrooms and 1 bathroom. Based on Redfin's Elwood data, we estimate the home's value is $72,833.
Single-familyProperty Type
1935Year Built
8,364 sq ftLot Size
$91Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$72,833
$2,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 43.1% lower than the average sale price ($128K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$15
$12,200 + $19,500
$31,700
2024
$15
$12,200 + $19,500
$31,700
2023
$15
$12,200 + $19,500
$31,700
2022
$15 (−97.3%)
$11,600 + $17,800
$29,400
2020
$550 (+3,569.1%)
$10,600 + $16,000
$26,600
2019
$15 (−52.4%)
$10,600 + $16,000
$26,600
2018
$32 (+110.0%)
$10,600 + $27,900
$38,500
2017
$15 (+50.0%)
$4,000 + $19,700
$23,700
2016
$10 (+100.0%)
$4,000 + $19,700
$23,700
2015
$5
$4,000 + $27,500
$31,500
Tax history for 1525 S R St
Year
Property tax
Land + Additions
Assessment*
2025
$15
$12,200 + $19,500
$31,700
2024
$15
$12,200 + $19,500
$31,700
2023
$15
$12,200 + $19,500
$31,700
2022
$15 (−97.3%)
$11,600 + $17,800
$29,400
2020
$550 (+3,569.1%)
$10,600 + $16,000
$26,600
2019
$15 (−52.4%)
$10,600 + $16,000
$26,600
2018
$32 (+110.0%)
$10,600 + $27,900
$38,500
2017
$15 (+50.0%)
$4,000 + $19,700
$23,700
2016
$10 (+100.0%)
$4,000 + $19,700
$23,700
2015
$5
$4,000 + $27,500
$31,500
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
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
Interior
Bathroom Information
# of Full Baths: 1
# of Bathroom Fixtures: 3
Heating & Cooling
Heating Type: Warm Air
Room Information
# of Rooms: 5
Exterior
Exterior Information
Physical Condition: Poor
Construction Type: Wood
Building Type: Single Family
Property Information
Living Sq. Ft: 800
Adjusted Gross Sq. Ft: 800
Ground Floor Sq. Ft: 800
Building Sq. Ft: 800
# of Stories: 1
Legal Description: S ELWOOD 21'X135' (0.192AC) BLOCK 11 LOT 16 & 21'W SD LOT 15
Parking & Garage Information
Parking Type: Detached Garage
Garage/Parking Sq. Ft: 572
Garage / Carport Type: Detached
Lot Information
# of Buildings: 1
Land Sq. Ft: 8,364
Legal Lot Number: 16
Legal Block Number: 11
Municipality Name: PIPE CREEK TOWNSHIP
Acres: 0.192
Depth Footage: 133
Front Footage: 21
County Use Description: ONE FAMILY DWELL ON PLATTED
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 800
Stories: 1.0
Lot Size: 8,364 square feet
Style: Single Family Residential
Year Built: 1935
Year Renovated: 1940
County: Madison County
APN: 480422200247000026
Home facts updated by county records on Jul 10, 2026
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
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)
30
16
39
24
58
37
66
45
70
52
81
64
85
68
80
61
80
55
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
$70,000 – $84,000
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