Church & Religious

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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See what stands out in Madison County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second 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.

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.

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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.

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Religious Facility For Sale
Religious Facility For Sale

2044 N Olney Street, Indianapolis, IN 46218

$299,000

For-sale religious facility in Marion County, offered with GPS-friendly directions for efficient buyer site visits.

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Church Facility with Sanctuary
Church Facility with Sanctuary

1104 30th St, Indianapolis, IN 46205

$469,999

Religious facility with worship, administrative, classroom, fellowship, kitchen, and banquet spaces.

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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 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

1031 exchange properties 1
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)

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