UPDATED and AWESOME 3 bedroom ranch home on almost an acre in Elwood! New flooring! New paint! New furnace and air conditioner! New garage door opener! Refinished kitchen with new countertops and new appliances! Large 3 season room! Move-in ready!
Single-familyProperty Type
1963Year Built
44 sq ftLot Size
$123Est. Price/Sq.Ft.
3 car garageParking
Listed by John Sommer• Century 21 Bradley Realty Inc
Contact: johnsommerjr@gmail.com
Bought with Michelle Broughton• Highgarden Real Estate
UPDATED and AWESOME 3 bedroom ranch home on almost an acre in Elwood! New flooring! New paint! New furnace and air conditioner! New garage door opener! Refinished kitchen with new countertops and new appliances! Large 3 season room! Move-in ready!
MIBOR as Distributed by MLS Grid #21446274
Feb 8, 2017
Sold
$55,000
$30/sq ft
Jan 31, 2017
Pending
—
Jan 3, 2017
Price Changed
$79,900
$43/sq ft
Dec 6, 2016
Price Changed
$84,900
$46/sq ft
Nov 2, 2016
Listed
$89,900
$48/sq ft
+10
If you want close to town and a large lot ranch, Here it is. 3 bedrooms, 1 and half bath, formal living room and family room with wood burning fireplace. Enclosed back porch. Attached garage and detached garage. There are 4 parcels that go with this property.
IRMLS #201650149
Feb 8, 2017
Sold
$55,000
$30/sq ft
Nov 1, 2016
Listed
$79,900
$43/sq ft
Public Records
Sep 28, 2016
Sold
$45,500
$24/sq ft
MIBOR as Distributed by MLS Grid #2629262
Sep 30, 2006
Listing Removed
—
May 7, 2006
Listed
$105,000
$56/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,194 (−5.4%)
$15,300 + $128,200
$143,500
2024
$1,263 (+0.9%)
$15,300 + $128,200
$143,500
2023
$1,252 (−3.3%)
$15,300 + $128,200
$143,500
2022
$1,295 (+4.6%)
$15,300 + $117,600
$132,900
2021
$1,238 (−1.9%)
$15,300 + $119,100
$134,400
2020
$1,262 (+0.5%)
$15,300 + $112,000
$127,300
2019
$1,255 (+10.0%)
$15,300 + $107,700
$123,000
2018
$1,142 (+74.6%)
$15,300 + $106,000
$121,300
2017
$654 (−71.2%)
$15,300 + $69,500
$84,800
2016
$2,272 (+0.5%)
$15,300 + $69,500
$84,800
2015
$2,261 (+241.0%)
$10,900 + $101,000
$111,900
2014
$663 (−6.8%)
$10,900 + $101,000
$111,900
2013
$711
$10,900 + $99,200
$110,100
Tax history for 1601 Fairground Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,194 (−5.4%)
$15,300 + $128,200
$143,500
2024
$1,263 (+0.9%)
$15,300 + $128,200
$143,500
2023
$1,252 (−3.3%)
$15,300 + $128,200
$143,500
2022
$1,295 (+4.6%)
$15,300 + $117,600
$132,900
2021
$1,238 (−1.9%)
$15,300 + $119,100
$134,400
2020
$1,262 (+0.5%)
$15,300 + $112,000
$127,300
2019
$1,255 (+10.0%)
$15,300 + $107,700
$123,000
2018
$1,142 (+74.6%)
$15,300 + $106,000
$121,300
2017
$654 (−71.2%)
$15,300 + $69,500
$84,800
2016
$2,272 (+0.5%)
$15,300 + $69,500
$84,800
2015
$2,261 (+241.0%)
$10,900 + $101,000
$111,900
2014
$663 (−6.8%)
$10,900 + $101,000
$111,900
2013
$711
$10,900 + $99,200
$110,100
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
1.5
Stories
1
Lot width
—
Lot depth
—
Lot size
1.09 Acres
Year renovated
2005
Sq. Ft.
1,860
Year built
1963
Style
Single Family Residential
County
Madison County
APN
480410202009000026
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 28, 2026.
AG
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
Parking
Parking Information
Parking Features: Attached, Detached
Garage Spaces: 3
Has Garage
Interior
Interior Sq. Ft. Information
Building Area Total: 1860
Living Area: 1860
Main Level Sq. Ft.: 1860
Upper Level Sq. Ft.: 0
Bedroom Information
# of Bedrooms Main: 3
Beds MU: 3
Bedrooms MU: 3
Bathroom Information
# of Full Baths (Total): 1
# of Half Baths (Total): 1
# of Full Baths (Main): 1
# of Half Baths (Main): 1
Half Baths MU: 1
Half Bathrooms MU: 1
Full Baths MU: 3
Full Bathrooms MU: 1
Room 1 Information
Room Type: Bedroom 2
Room Features: Carpet
Room Dimensions: 10x9
Room Level: Main
Room 2 Information
Room Type: Bedroom 3
Room Features: Carpet
Room Dimensions: 10x11
Room Level: Main
Room 3 Information
Room Type: Family Room
Room Features: Carpet
Room Dimensions: 20x10
Room Level: Main
Room 4 Information
Room Type: Living Room
Room Features: Carpet
Room Dimensions: 12x15
Room Level: Main
Room 5 Information
Room Type: Kitchen
Room Dimensions: 11x20
Room Level: Main
Room 6 Information
Room Features: Carpet
Room Dimensions: 12x11
Room Level: Main
Room 7 Information
Room Features: Vinyl
Room Dimensions: 5x4
Room Level: Main
Room 8 Information
Room Type: Sun Room
Room Features: Other
Room Dimensions: 14x10
Room Level: Main
Other Rooms Information
Rooms Upper: 0
Rooms Main: 6
Rooms Basement: 0
# of Rooms: 6
Fireplace Information
# of Fireplaces: 1
Fireplace Features: Family Room, Insert, Gas Log
Heating & Cooling
Heating Information: Forced Air, Gas
Cooling Information: Central Electric
Interior Features
Interior Features: Attic Pull Down Stairs
Appliances: Dishwasher, Electric Oven, Range Hood, Gas Water Heater
Areas Interior: Living Room Formal
Exterior
Exterior Features
Patio And Porch Features: Glass Enclosed, Covered Porch
Property Information
Ownership Interest Types: None
Other Equipment: Not Applicable
Property Type: Residential
Property Sub Type: Single Family Residence
Land Information
Acres: 1/2-1 Acre
Lot Information
Lot Size Acres: 0.8
Lot Features: Rural - Subdivision, Mature Trees
Utilities
Utility Information
Utility Prim Sewage Disp: Septic
Water Source: Municipal/City
Solid Waste Information: Yes
Location
School Information
High School District: Elwood Community School Corp
Location Information
Directions: N to St. Rd 28 to Elwood, turn north on St. Rd 13 to Fairground Road turn East to home.
Tax Legal Description: BEECHLAND & OLD R R SWITCH NO L 055,56,57,58
Public facts
Beds: 3
Baths: 1.5
Sq. Ft.: 1,860
Stories: 1.0
Lot Size: 1.09 acres
Style: Single Family Residential
Year Built: 1963
Year Renovated: 2005
County: Madison County
APN: 480410202009000026
Home facts updated by county records on Sep 28, 2026
Other
Listing Information
Attribution Contact: johnsommerjr@gmail.com
Green Information
Green Certification YN: No
Home Information
Foundation Details: Block
Construction Materials: Brick
Levels: One
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
5/10 Flood Factor
Estimated 59-73% chance 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)
30
16
39
24
58
37
66
45
70
52
81
64
85
67
80
61
80
54
68
46
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
$217,000 – $263,000
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