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1530 S A Street Elwood, IN $ 159,700
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1530 S A Street
$ 159,700
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1530 S A Street

Elwood, IN, 46036
$ 159,700
Bedrooms-- Baths-- Sq 2,076

Monthly Estimate*

$ 1,008

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Commercial Property for sale in Elwood, IN

for $159,700. This 2,076 square foot building was built in 1890 on a lot size of 0.02.

I am pleased to share a great investment opportunity located in downtown Elwood. This two-story property features a main-level retail space complete with a storage room and a restroom. Upstairs apartment offers a spacious living room, bedroom, bath and kitchen equipped with appliances. It also includes a newer gas furnace and central air conditioning. The exterior has been fully repainted with a coordinated color scheme and features new south-facing windows. The two units share water and gas utilities but have separate electric service. Both units are currently leased under one-year agreements.

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Commercial Active

Price

$ 159,700

Property Type

Commercial

Taxes

$ 736

Style

Mixed Use

Lot Size

0.02

Year Built

1890

Town/City

Elwood

County/Region

Madison

MLS | Web ID

22128020
Features
General
Heating Baseboard Space Wall Unit
Cooling Central Air
Utilities Electricity Connected Sep Electric Meter
Possession Closing
Zoning Commercial
Year Built 1890
Township Pipe Creek
Property Subtype Mixed Use
Tax Year 2025
Current Use See Remarks
County Madison
Net Operating Income 25140
New Construction N
Property Type Commercial Sale
Facing Direction South
Possible Use Retail
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 871
Elementary School Elwood Elementary School
Current Financing Conventional
Additional Parcels Y/N N
Standard Status Active
Tax Lot 008
Legal Description Op Pt E Pt 0.0000Acres Str: 00000 Section: Plat: 00 In: Out:
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Exterior
Building Area Total 2076
Lot Size Acres 0.02
Road Surface Type Asphalt
Road Frontage Type City Street
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* Excluded Features
List By
Keller Williams Indy Metro Ne

Broker

callddunham@gmail.com

Email

Affordability Calculator

$1,070
Per Month
94%
6%
0%
Monthly Principal & Interest
$1,008
Monthly Property Taxes
$61
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
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Pricing History
DatePricePrice ChangeDescription
10/5/2026$159,700 Listed Price

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1530 S A Street, Elwood, IN, 46036 is a Commercial Property for sale at $159,700 with 2,076 sqft and a lot size of 0.02. 1530 S A Street was built in 1890. The property's zip code is 46036 which is in Elwood, IN

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