Google street view image for 1538 S R St, Elwood, IN 46036

Off market

$107,741

•

2 ba

•

1,431

sq ft

1538 S R St, Elwood, IN 46036

About this home

1538 S R St is a 1,431 square foot home on a 5,584 square foot lot with 2 bedrooms and 2 bathrooms. Based on Redfin's Elwood data, we estimate the home's value is $107,741.

ManufacturedProperty Type

1997Year Built

5,584 sq ftLot Size

$75Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$107,741

$7,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 9% lower than the average sale price ($118K) of 6 comparable homes.

SOLD JUN 22, 2026
$185,000
A
3 beds2 baths1,568 sq ft
810 S Indiana Ave, Alexandria, IN 46001
SOLD MAR 11, 2026
$150,000
B
3 beds2 baths1,620 sq ft
1909 S H St, Elwood, IN 46036
SOLD OCT 15, 2025
$107,500
C
3 beds2 baths1,456 sq ft
51 E Oak St, Orestes, IN 46063
SOLD JUL 30, 2026
$85,000
D
3 beds1.5 baths938 sq ft
909 Independence Dr E, Elwood, IN 46036
SOLD AUG 31, 2026
$150,000
E
3 beds1 bath1,440 sq ft
95 E 500 N, Anderson, IN 46012
SOLD AUG 21, 2026
$32,500
F
2 beds1 bath840 sq ft
3216 N Memorial Dr N, Elwood, IN 46036

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Market trends in 46036, IN

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

94.9%

1.6% MoM

Median sale price

$177K

$9K MoM

Avg. days on market

36d

5 days MoM

Recently sold homes

1 MoM

New listings for sale

$239,900
3 beds2.5 baths2,072 sq ft
1205 N Oak St, Elwood, IN 46036
$140,000
3 beds1 bath1,403 sq ft
1636 S B St, Elwood, IN 46036
$225,000
4 beds2 baths1,668 sq ft
9049 W Forest Dr, Elwood, IN 46036
$199,900
3 beds2.5 baths2,128 sq ft
624 N 11th St, Elwood, IN 46036
$217,000
3 beds2 baths3,154 sq ft
926 S A St, Elwood, IN 46036
See all

Provided by Redfin

Sale history for 1538 S R St

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

Year

Property tax

Land + Additions

Assessment*

2025

$1,493 (+8.2%)

$9,700 + $58,800

$68,500

2024

$1,380 (+263.8%)

$9,700 + $58,800

$68,500

2023

$379 (−5.3%)

$9,700 + $58,800

$68,500

2022

$400 (+4.9%)

$9,200 + $53,600

$62,800

2021

$382 (−2.1%)

$8,800 + $55,200

$64,000

2020

$390 (+3.3%)

$8,800 + $50,600

$59,400

2019

$378 (+6.5%)

$8,800 + $48,400

$57,200

2018

$355 (+31.7%)

$8,800 + $47,000

$55,800

2017

$269 (−11.9%)

$8,800 + $43,900

$52,700

2016

$306 (+2.0%)

$8,800 + $43,900

$52,700

2015

$300 (+3.8%)

$8,800 + $48,400

$57,200

2014

$289 (+6.3%)

$8,800 + $49,000

$57,800

2013

$272

$8,800 + $48,700

$57,500

Tax history for 1538 S R St

Year

Property tax

Land + Additions

Assessment*

2025

$1,493 (+8.2%)

$9,700 + $58,800

$68,500

2024

$1,380 (+263.8%)

$9,700 + $58,800

$68,500

2023

$379 (−5.3%)

$9,700 + $58,800

$68,500

2022

$400 (+4.9%)

$9,200 + $53,600

$62,800

2021

$382 (−2.1%)

$8,800 + $55,200

$64,000

2020

$390 (+3.3%)

$8,800 + $50,600

$59,400

2019

$378 (+6.5%)

$8,800 + $48,400

$57,200

2018

$355 (+31.7%)

$8,800 + $47,000

$55,800

2017

$269 (−11.9%)

$8,800 + $43,900

$52,700

2016

$306 (+2.0%)

$8,800 + $43,900

$52,700

2015

$300 (+3.8%)

$8,800 + $48,400

$57,200

2014

$289 (+6.3%)

$8,800 + $49,000

$57,800

2013

$272

$8,800 + $48,700

$57,500

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

Zoning

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: 2
# of Bathroom Fixtures: 6

Heating & Cooling
Air Conditioning Type: Central
Heating Type: Warm Air

Room Information
# of Rooms: 6

Exterior

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

Mobile Home Information
Is Mobile Home

Property Information
Subdivision Name: SOUTH ELWOOD SUB
Living Sq. Ft: 1,431
Adjusted Gross Sq. Ft: 1,431
Ground Floor Sq. Ft: 1,431
Building Sq. Ft: 1,431
# of Stories: 1
Legal Description: S ELWOOD 0.0000ACRES STR: 00000 SECTION: PLAT: 00 IN: OUT:

Lot Information
# of Buildings: 1
Land Sq. Ft: 5,584
Legal Lot Number: 13
Municipality Name: PIPE CREEK TOWNSHIP
Acres: 0.1282
Depth Footage: 133
Front Footage: 42
County Use Description: MOB/MANUF HOME ON PLATTED LOT

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 2
Baths: 2.0
Sq. Ft.: 1,431
Stories: 1.0
Lot Size: 5,584 square feet
Style: Mobile/Manufactured Home
Year Built: 1997
Year Renovated: 1997
County: Madison County
APN: 480422200231000026

Home facts updated by county records on Sep 28, 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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

Nearby similar homes

$250,000

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NEW CONSTRUCTION

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Listing provided by Zillow

$199,900

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NEW CONSTRUCTION

$74,900

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Listing provided by Zillow

$160,000

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New listings for sale in 46036

$239,900

3 beds2.5 baths2,072 sq ft

1205 N Oak St, Elwood, IN 46036

$140,000

3 beds1 bath1,403 sq ft

1636 S B St, Elwood, IN 46036

$225,000

4 beds2 baths1,668 sq ft

9049 W Forest Dr, Elwood, IN 46036

$199,900

3 beds2.5 baths2,128 sq ft

624 N 11th St, Elwood, IN 46036

$217,000

3 beds2 baths3,154 sq ft

926 S A St, Elwood, IN 46036

Home values near 1538 S R St

Data from public records.

Address	Redfin Estimate
1525 S R Street, Elwood, IN 2 Beds \| 1 Baths \| 800 Sq. Ft.	$72,489
1515 S R Street, Elwood, IN 2 Beds \| 1 Baths \| 934 Sq. Ft.	$77,566

Address	Redfin Estimate
1529 S R Street, Elwood, IN 3 Beds \| 1 Baths \| 1449 Sq. Ft.	$102,535
1524 S R Street, Elwood, IN 1 Beds \| 1 Baths \| 1120 Sq. Ft.	$138,232

Address	Redfin Estimate
1602 S R Street, Elwood, IN 3 Beds \| 1 Baths \| 1180 Sq. Ft.	$113,278
1526 S R Street, Elwood, IN 2 Beds \| 1 Baths \| 960 Sq. Ft.	$90,594

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 46036, IN

Sale history for 1538 S R St

Tax history for 1538 S R St

Zoning

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 46036

Home values near 1538 S R St

More real estate resources