515 Main Street Elwood, IN $ 550,000
515 Main Street
$ 550,000
Recently Listed
Open House 5/28 5pm - 7pm
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515 Main Street

Elwood, IN, 46036
$ 550,000
Bedrooms4 Baths1.2 Sq 3,427

Monthly Estimate*

$ 3,386

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Single Family Home for sale in Elwood, IN

for $550,000 with 4 bedrooms and 1 full bath, 2 half baths. This 3,427 square foot home was built in 1859 on a lot size of 0.85.

Step into a living piece of history-an extraordinary Greek Revival home built in 1859. Situated on a rare 0.85-acre corner lot spanning two corners, this 4-bedroom home blends timeless character with thoughtful modern updates. Mature trees, manicured landscaping, wrought iron fencing, and a wraparound driveway create a private, secret-garden setting. Inside, you'll find original hardwoods, door transoms, a curved staircase crafted with 5 different wood types, original working shutters, a solid steel balcony, and 2 wood-burning fireplaces. The updated 2024 kitchen features granite countertops, beautiful cabinetry, & LVP flooring. Spacious living areas, a formal dining room, finished third-floor flex space, a 2-car garage with an attached workshop-originally built as a horse barn with loft-mini barn, a private outdoor retreat, a concrete chessboard, and a back porch fireplace make this property truly one of a kind. A rare opportunity to own one of Elwood's historic treasures while enjoying space, privacy, charm, and modern functionality.

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Open House

5/28/2026 5:00 PM - 7:00 PM
5/31/2026 1:00 PM - 3:00 PM
515 Main Street Elwood, IN
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Single Family Active

Price

$ 550,000

Bedrooms

4

Full Bath

1

Half Bath

2

Property Type

Single Family

Taxes

$ 2,090

Style

Gothic Revival,Split Level

Lot Size

0.85

Year Built

1859

Town/City

Elwood

County/Region

Madison

MLS | Web ID

22097996

Features
Interior
Interior Amenities Attic Stairway High Ceilings Entrance Foyer Hardwood Floors Walk-In Closet(s)
Basement Partial Unfinished
Total Fireplaces 3
Fireplace Features Family Room Blower Fan Kitchen Living Room Non Functional
Basement (Y/N) Y
Half Baths 2
Laundry Features Upper Level
Total Bedrooms 4
Below Grade Finished Area 0
Main Level Bedrooms 0
Total Baths 3
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General
Heating Radiant Other
Cooling Window Unit(s)
Possession Closing
Appliances Electric Cooktop Dishwasher Dryer Electric Water Heater Disposal Humidifier Microwave Electric Oven Refrigerator Washer Water Heater Water Softener Rented
Garage Spaces 3
Patio/Porch Features Covered Patio
Architectural Style Gothic Revival Split Level
Construction Materials Brick
Year Built 1859
Electric 200+ Amp Service
Township Pipe Creek
Levels Multi/Split
Property Subtype Single Family Residence
Tax Year 2025
County Madison
New Construction N
Property Type Residential
HOA N
Subdivision Name No Subdivision
Garage Y/N Y
Total Rooms 8
Full Baths 1
Status Active
Directions GPS Friendly
High School Elwood Jr-Sr High School
City Elwood
High School District Elwood Community School Corp
MLS Area 4804 - Madison - Pipe Creek
Lot Size Square Feet 36960
Elementary School Elwood Elementary School
Property Attached Y/N N
Standard Status Active
Tax Lot 007
Legal Description ELWOOD BLOCK 068 L 007
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Exterior
Exterior Amenities Barn Mini Balcony
Fencing Partial Front Yard Wrought Iron
Parking Features Detached
Lot Features Corner Lot Not In Subdivision Mature Trees
Water Source Public
Foundation Details Brick/Mortar Crawl Space Concrete Perimeter Partial
Spa N
Building Area Total 3427
Lot Size Acres 0.85
Waterfront Y/N N
Horse Amenities None
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* Excluded Features
List By
Carpenter, Realtors®

Broker

Jnoble@callcarpenter.com

Email

Affordability Calculator

$3,561
Per Month
95%
5%
0%
Monthly Principal & Interest
$3,386
Monthly Property Taxes
$174
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
Elwood Jr-Sr High School High School
Pricing History
DatePricePrice ChangeDescription
5/28/2026$550,000 Listed Price

Map


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515 Main Street, Elwood, IN, 46036 is a Single Family Home for sale at $550,000 with 3,427 sqft and a lot size of 0.85. 515 Main Street has 4 bedrooms, 1.2 baths, and was built in 1859. The property's zip code is 46036 which is in Elwood, IN