1400 S Anderson Street Elwood, IN $ 124,900
1400 S Anderson Street
$ 124,900
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1400 S Anderson Street

Elwood, IN, 46036
$ 124,900
Baths0.0

Monthly Estimate*

$ 769

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Studio

Multi-Family Home for sale in Elwood, IN

for $124,900. This home was built in 1900 on a lot size of 0.34.

Multi-family 2-unit duplex on a spacious corner lot, currently leased as a single residence by one tenant, who will be vacating the property at the end of October 2025. Zoned multi-family, this property has potential for flexibility of use. You can continue leasing as one home, rent each unit separately, or live in one side while renting the other! Each unit includes 1 bedroom and 1 bathroom, for a total of 2 bedrooms and 2 bathrooms across 1,707 square feet. The layout features bright living spaces with plenty of natural light, a cozy den with hardwood floors, and multiple patio areas for outdoor enjoyment. The property also includes a 2-car detached garage and well-maintained landscaping, adding both function and curb appeal.

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Multi-Family Pending

Price

$ 124,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,204

Style

Duplex

Lot Size

0.34

Year Built

1900

Town/City

Elwood

County/Region

Madison

MLS | Web ID

22065640

Features
General
Heating Forced Air Natural Gas Radiant Ceiling
Cooling Central Air Window Unit(s)
Possession Closing Negotiable
Roof Asphalt
Garage Spaces 2
Construction Materials Shingle Siding
Year Built 1900
Tenant Pays All Utilities
Township Pipe Creek
Levels One
Property Subtype Duplex
Tax Year 2024
Current Use Residential
County Madison
New Construction N
Property Type Residential Income
Subdivision Name Fairview
Status Pending
Directions GPS Friendly
City Elwood
High School District Elwood Community School Corp
Number Of Units Total 2
MLS Area 4804 - Madison - Pipe Creek
Lot Size Square Feet 14985
Property Attached Y/N N
Current Financing Conventional FHA VA
Additional Parcels Y/N N
Structure Type Duplex
Standard Status Pending
Tax Lot 14-15
Legal Description Fairview Lots 14 & 15 (0.344Ac)
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Interior
Basement Daylight Partial
Basement (Y/N) Y
Laundry Features Upper Level In Basement
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Exterior
Parking Features Common Detached Gravel
Lot Features Corner Lot Mature Trees
Foundation Details Block
Lot Size Acres 0.34
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* Excluded Features
List By
Greenside Realty Group

Broker

callbraytonscott@gmail.com

Email

Affordability Calculator

$953
Per Month
81%
19%
0%
Monthly Principal & Interest
$769
Monthly Property Taxes
$184
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
4045156 Elementary School
4045167 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/30/2025$124,900 -10.79% Price Down
11/15/2025$140,000 -4.04% Price Down
10/21/2025$145,900 -8.76% Price Down
10/1/2025$159,900 Listed Price

Map


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1400 S Anderson Street, Elwood, IN, 46036 is a Multi-Family Home for sale at $124,900 with a lot size of 0.34. 1400 S Anderson Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 46036 which is in Elwood, IN