101 S Anderson Street Elwood, IN $ 749,000
101 S Anderson Street
$ 749,000
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101 S Anderson Street

Elwood, IN, 46036
$ 749,000
Bedrooms-- Baths-- Sq 13,798

Monthly Estimate*

$ 4,612

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Commercial Property for sale in Elwood, IN

for $749,000. This 13,798 square foot building was built in 1960 on a lot size of 0.763.

Seller Financing Available! Discover an exceptional opportunity to own this versatile 13,798 sq. ft. two-level property, perfectly positioned in downtown Elwood at the high-visibility intersection of State Road 13 (North Anderson St.) and State Road 28 (Main Street). This prime location is ideal for a wide range of uses, including: Church or place of worship, Restaurant or bar, School with daycare facilities, Event center or banquet hall. Property Details: Upper Level: Approximately 7,000 sq. ft. of open, adaptable space. Basement Level: Additional 7,000 sq. ft., perfect for storage, offices, or other creative uses. Zoning Info: For detailed zoning regulations, please refer to the attached document. Additional Highlights: Tax Abatement Potential: The City of Elwood is open to considering tax abatement for this property-an incredible opportunity for future savings. Virtual Tour: Get an inside look here: Virtual Tour. Important Notes: Closing Costs: Buyers are responsible for all closing costs and taxes at closing. Please account for these expenses when submitting your offer. Flexible Financing: Seller financing is available to make this property even more accessible for the right buyer. Don't miss out on this one-of-a-kind property with endless potential. Schedule your showing today and envision the possibilities! Serious inquiries only.

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Commercial Pending

Price

$ 749,000

Property Type

Commercial

Taxes

$ 15,844

Style

Retail

Lot Size

0.763

Year Built

1960

Town/City

Elwood

County/Region

Madison

MLS | Web ID

22019249

Features
General
Utilities Electricity Connected Natural Gas Available Sewer Connected
Possession Closing
Roof Rubber
Zoning B2
Year Built 1960
Stories Count 1
Township Pipe Creek
Property Subtype Retail
Tax Year 2023
Current Use Vacant
Building Name NO SUBDIVISION
County Madison
New Construction N
Property Type Commercial Sale
Possible Use Church Comm Mul Ten Office Restaurant Retail Vacant
Status Pending
Directions Turn right onto State Road 37 N (IN-13/IN-37). Go for 6.3 mi. Turn left onto N State Road 13 (IN-13). Go for 2.0 mi. Turn right onto Main St (IN-28). Go for 246 ft. Turn right. Go for 30 ft. Turn l
City Elwood
High School District Elwood Community School Corp
MLS Area 4804 - Madison - Pipe Creek
Lot Size Square Feet 33255
Elementary School Elwood Elementary School
Additional Parcels Y/N N
Standard Status Pending
Tax Lot 48-04-15-202-054.000-027
Virtual Tour https://listing.threesixtyindy.com/bt/101_South_Anderson_Street.html
Legal Description OP & L 002 PT 0.0000Acres STR: 00000 SECTION: PLAT: 00 IN: OUT:
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Exterior
Parking Features Asphalt
Building Area Total 13798
Lot Size Acres 0.763
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* Excluded Features
List By
Highgarden Real Estate

Broker

astancato@highgarden.com

Email

Affordability Calculator

$5,932
Per Month
78%
22%
0%
Monthly Principal & Interest
$4,612
Monthly Property Taxes
$1,320
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4047068 Elementary School
4045167 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/24/2025$749,000 Listed Price

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101 S Anderson Street, Elwood, IN, 46036 is a Commercial Property for sale at $749,000 with 13,798 sqft and a lot size of 0.763. 101 S Anderson Street was built in 1960. The property's zip code is 46036 which is in Elwood, IN