Church & Religious

Elwood, IN Churches & Religious Facilities for Sale

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Church Property with Classroom Space
Updated: Apr 2
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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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Elwood, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Flexible Office Building with Detached Garage
Flexible Office Building with Detached Garage

2131 E 54th Street, Indianapolis, IN 46220

$560,000
0.64 AC lot

C-1 zoned building with a fenced outdoor area and detached garage, suited for office or education-oriented uses.

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Repurposable Day Care/School Building
Repurposable Day Care/School Building

8160 42nd St, Indianapolis, IN 46226

$550,000
0.86 AC lot

Former daycare facility with multiple rooms and bathroom stalls, plus a large parking lot and resurfaced circular driveway.

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Church Building with Finished Basement
Church Building with Finished Basement

324 W 10th Street, Marion, IN 46953

$90,000
0.85 AC lot

Open-concept former church with a fully finished basement, offered in as-is condition on a corner lot.

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Institutional Storage Church Property
Institutional Storage Church Property

4174 S 1330 E, Greentown, IN 46936

$120,000

Church sanctuary with stained glass, propane heat, plus a second electrified building without plumbing on a paved lot.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

3.53 Acres on Post Road
3.53 Acres on Post Road

4045 N Post Rd, Indianapolis, IN 46226

$265,200
3.53 AC lot

Land with religious and residential zoning in mixed-use area.

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Corner Lot on Shelbyville Road
Corner Lot on Shelbyville Road

5133 Gray Road, Indianapolis, IN 46237

$1,350,000
8.21 AC lot

Large corner lot suitable for various developments with approvals.

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Zoned NBU Commercial Lot
Zoned NBU Commercial Lot

White Street, Clarks Hill, IN 47930

Contact for pricing
0.17 AC lot

Commercial lot in Clarks Hill offers NBU zoning and room for select retail, services, or residential use.

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Bloomington Commercial Land Opportunity
Bloomington Commercial Land Opportunity

S Rockport Road, Bloomington, IN 47403

$285,000
6.34 AC lot

6.34 acres of commercial land zoned for various uses.

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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 start at $670,000, averaging $670,000, and reaching up to $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%

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)

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