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    Elwood, IN Churches & Religious Facilities for Sale

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    Church Property with Classroom Space
    Updated: Apr 3
    Church Property with Classroom Space

    223 Main St, Elwood, IN 46036

    $670,000
    4,461 sqft 1.79 AC lot
    Well‑maintained church built in 1992 with 4,461 SF of interior space
    Sanctuary with high ceilings plus fellowship space, offices, classrooms, kitchen facilities, and multi‑purpose rooms
    1.79‑acre parcel with approximately 80 on‑site parking spaces for congregants, staff, and visitors
    Zoned R2—supports continued religious use and may support alternative uses such as community center, daycare, or event venue (subject to approvals)
    Located in the core of downtown Elwood at 223 Main Street
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    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Elwood, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Church Building with Divisible Sanctuary
    Church Building with Divisible Sanctuary

    8721 E County Road 200 Road, Michigantown, IN 46057

    $125,000
    3,477 sqft

    Accordion partitions let the primary gathering space serve as six separate rooms.

    View details
    Church Facility with Detached Garage
    Church Facility with Detached Garage

    8721 E County Road 200, Michigantown, IN 46057

    $125,000
    1.00 AC lot

    Church facility with flexible interior areas, kitchen, storage, and updated electrical and HVAC systems.

    View details
    Historic Church with Bell Tower
    Historic Church with Bell Tower

    13700 E Orr Rd, Parker City, IN 47368

    Contact for pricing
    2,173 sqft

    Former church with stained glass, original woodwork, a full basement, and a large attic requiring extensive rehabilitation.

    View details
    Historic Church with Basement
    Historic Church with Basement

    13700 E Orr Road, Parker City, IN 47368

    Contact for pricing
    0.25 AC lot

    1927 religious facility with stained glass, wood detailing, and substantial restoration needs.

    View details

    Elwood, IN Churches & Religious Facilities Market Trends and Statistics

    Explore 1 churches & religious facilities for sale in Elwood, IN on our real estate platform. These investment opportunities span a total of 4,461 square feet of properties for sale, with an estimated market value of $670,000.

    Sale prices for church buildings in Elwood, IN average $670,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Churches & religious facilities 1
    Day care centers 1

    Demographics Overview

    Population 11K
    Population Growth (5Y) -5.4%
    Median Household Income $59,082
    College Educated 14.2%

    High-Yield Neighborhoods for Investment

    Identify Elwood submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    46036 $670K

    Taxes & Financing

    Tax Rate (average for all types) 2.82%
    Property Tax per SF $43.44 per SF
    Tax Rate vs County Average 0.09 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Madison County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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