0 W 1300 N
$ 1
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0 W 1300 N

Elwood, IN, 46036
$ 1
Baths0.0

Monthly Estimate*

$ 0

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Studio

Lots and Land for sale in Elwood, IN

for $1. The lot size is 70.

To be sold at Auction - LIVE In-Person and Online on Thursday, March 12th @ Approx. 1 PM EST. An exceptional offering of Real Estate. A total of 80 +/- acres being offered in two tracts. This listing represents Tract 2 - 70 +/- Acres of mostly tillable farmland! Approximately 62 acres of tillable ground. The other 8+/- acres is made up of a sparsely wooded pasture space that has been used for cattle and hay over the years. As well as a an approximately 2 acre pond. The Ousley's have farmed this ground for the last 50+ years that they have owned it. Wayne said he has never lost a crop on this ground due to standing water. It drains extremely well with the Chalfant Ditch that runs through the entire property. The county just put in an all new outlet on the south end of the farm. There is 46 acres of wheat planted on Tract 2. The buyer of Tract 2 will have the right to harvest the wheat crop and split the gross value of the wheat sold 50/50 with the seller. The right to bale the leftover straw has been assigned. The buyer of Tract 2 will receive $2,000 after the straw has been baled from the seller. Once the wheat and straw have been removed the buyer will have full access to that part of the farm ground to do as they want. The buyer will have possession of the other tillable ground that has not been planted at closing.

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Lots and Land Active

Price

$ 1

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 9,320

Style

Farm

Lot Size

70

Town/City

Elwood

County/Region

Madison

MLS | Web ID

22082474

Features
General
Sewer Not Applicable
Possession Closing Other
Development Status Not Applicable
Zoning Agricultural
Topography Level
Township Pipe Creek
Property Subtype Farm
Tax Year 2024
County Madison
New Construction N
Property Type Land
HOA N
Subdivision Name No Subdivision
Other Structures Not Applicable
Status Active
Directions GPS Friendly
High School Frankton Jr-Sr High School
City Elwood
High School District Frankton-Lapel Community Schools
MLS Area 4804 - Madison - Pipe Creek
Lot Size Square Feet 3049200
Elementary School Frankton Elementary School
Current Financing Cash Only
Middle/Junior High School Lapel Middle School
Additional Parcels Y/N N
Standard Status Active
Tax Lot 48-05-07-200-001.000-025
Legal Description E2 Nw 80.0000Acres Str: 07217 Section: Plat: 00 In: Out: - See Auction Terms and Conditions for more information.
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Exterior
Fencing Partial
Lot Features Mature Trees Other
Lot Size Acres 70
Road Surface Type Asphalt
Road Frontage Type County Road
Horse Amenities None
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* Excluded Features
List By
Jeff Boone Realty, Llc

Broker

Caleb@jeffboonerealty.com

Email

Affordability Calculator

$777
Per Month
0%
100%
0%
Monthly Principal & Interest
$0
Monthly Property Taxes
$777
Monthly Home Insurance
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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
4121260 Elementary School
4048580 Middle School
Frankton Jr-Sr High School High School
Pricing History
DatePricePrice ChangeDescription
2/3/2026$1 Listed Price

Map


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0 W 1300 N, Elwood, IN, 46036 is a Lots and Land for sale at $1 with a lot size of 70. 0 W 1300 N is a studio with 0.0 baths. The property's zip code is 46036 which is in Elwood, IN