Elwood, IN Land for Sale

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15 properties

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Updated: Jul 30

Tillable Agricultural Land

7250 E 450 S, Elwood, IN 46036

$987,500

79.00 AC lot

79 total acres in Tipton County, Indiana
57.5 acres of tillable cropland
Wooded acreage supports hunting use
Located at 7250 E 450 S, Elwood, IN 46036
Identified as a 1031 exchange opportunity

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Updated: Dec 1, 2025

Mostly Wooded Land with Creek

State Road 13, Elwood, IN 46036

$150,000

7.01 AC lot

7‑acre property in Elwood
Mostly wooded with a creek on the property

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Residential Lot in Elwood Neighborhood

N E Street, Elwood, IN 46036

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0.21 AC lot

0.21-acre residential lot in Elwood, Indiana, for creative uses.

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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.

Cap Rate available after sign in

NOI available after sign in

Local Demand available after sign in

Corner Commercial Land

849 N 11th St N, Elwood, IN 46036

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The two-lot offering supports non-residential storage or workspace uses.

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Buildable Residential Lot

N Eighth Street, Elwood, IN 46036

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0.13 AC lot

Flat residential-zoned lot in Elwood suited for a single-family build, with prior home removal and historically present utilities.

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Residential Lot Ready For Building

N 14th Street, Elwood, IN 46036

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0.14 AC lot

Residential lot in Elwood, Indiana, ready for new construction.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Elwood Residential Lot Opportunity

N J Street, Elwood, IN 46036

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0.14 AC lot

Vacant lot with alley access in Elwood, Indiana.

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Tillable Farmland with Hunting Woods

7250 E 450 S, Elwood, IN 46036

$987,500

Agricultural acreage combines cultivated ground with wooded areas identified for hunting use.

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Land, Elwood, IN

849 N 11th Street N, Elwood, IN 46036

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0.20 AC lot

Land · 0.20 Acres

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Land, Elwood, IN

1305 N 8th Street, Elwood, IN 46036

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0.25 AC lot

Land · 0.25 Acres

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Tillable Farmland

0 N 900 W, Elwood, IN 46036

$630,000

Agricultural tract includes tillable ground alongside a wooded portion.

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Land, Elwood, IN

1301 N 8th Street, Elwood, IN 46036

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0.25 AC lot

Land · 0.25 Acres

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Land, Elwood, IN

1313 N 8th Street, Elwood, IN 46036

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0.25 AC lot

Land · 0.25 Acres

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Residential Lot For Sale

1801 Q Street, Elwood, IN 46036

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GPS-friendly residential lot located in Madison County, Indiana, offered for sale.

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Elwood Development Site For Sale

1000 N 9th St, Elwood, IN 46036

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13.78 AC lot

13.78 acre development site in Elwood, Indiana.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 15 Active listings in Elwood, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 57 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Residential Lots in Frankton, IN

601 E Harrison Street, Frankton, IN 46044

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0.16 AC lot

Residential lots available in Frankton, Indiana.

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Residential Lots in Frankton, IN

601 E Clyde Street, Frankton, IN 46044

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0.16 AC lot

Residential lots available in Frankton, Indiana.

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Tillable Farm Across Ten Parcels

650 N 400 E, Windfall, IN 46076

$7,100,000

Mostly tillable agricultural acreage assembled across two Indiana counties, with ten parcels offered together.

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Residential Development Lots

411 North St, Windfall, IN 46076

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Three residential lots are being sold together within city limits on the southwest side of Windfall.

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Off-Market Properties in Elwood, IN

Consider similar Off-Market properties in Elwood, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

VACANT COMMERCIAL LAND

2010 P St, Elwood, IN 46036-3421

Estimated value:

$230,000

0.06 AC lot

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VACANT COMMERCIAL LAND

2000 Anderson St, Elwood, IN 46036-3359

Estimated value:

$40,000

336 sqft 0.92 AC lot

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VACANT COMMERCIAL LAND

1650 Sn St, Elwood, IN 46036-2849

Estimated value:

$225,000

4.60 AC lot

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VACANT COMMERCIAL LAND

705 22nd St, Elwood, IN 46036-2521

Estimated value:

$180,000

0.12 AC lot

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VACANT COMMERCIAL LAND

Main St, Elwood, IN 46036

Estimated value:

$225,000

0.13 AC lot

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VACANT COMMERCIAL LAND

2821 A St, Elwood, IN 46036-2222

Estimated value:

$225,000

0.14 AC lot

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VACANT COMMERCIAL LAND

2821 A St, Elwood, IN 46036-2222

Estimated value:

$225,000

0.12 AC lot

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VACANT COMMERCIAL LAND

R St, Elwood, IN 46036

Estimated value:

$230,000

0.06 AC lot

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VACANT COMMERCIAL LAND

1906 R St, Elwood, IN 46036-3347

Estimated value:

$225,000

0.12 AC lot

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Elwood, IN Land Market Trends and Statistics

Explore 72 land for sale in Elwood, IN, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 4,415,242 square feet of properties for sale, with an estimated market value of $2,755,000.

Sale prices for lots in Elwood, IN start at $150,000, averaging $688,750, and reaching up to $987,500 — 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

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	$196.8K

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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Elwood, IN Land for Sale

7250 E 450 S, Elwood, IN 46036

State Road 13, Elwood, IN 46036

N E Street, Elwood, IN 46036

849 N 11th St N, Elwood, IN 46036

N Eighth Street, Elwood, IN 46036

N 14th Street, Elwood, IN 46036

N J Street, Elwood, IN 46036

7250 E 450 S, Elwood, IN 46036

849 N 11th Street N, Elwood, IN 46036

1305 N 8th Street, Elwood, IN 46036

0 N 900 W, Elwood, IN 46036

1301 N 8th Street, Elwood, IN 46036

1313 N 8th Street, Elwood, IN 46036

1801 Q Street, Elwood, IN 46036

1000 N 9th St, Elwood, IN 46036

Opportunities in Nearby Cities

601 E Harrison Street, Frankton, IN 46044

601 E Clyde Street, Frankton, IN 46044

650 N 400 E, Windfall, IN 46076

411 North St, Windfall, IN 46076

Off-Market Properties in Elwood, IN

2010 P St, Elwood, IN 46036-3421

2000 Anderson St, Elwood, IN 46036-3359

1650 Sn St, Elwood, IN 46036-2849

705 22nd St, Elwood, IN 46036-2521

Main St, Elwood, IN 46036

2821 A St, Elwood, IN 46036-2222

2821 A St, Elwood, IN 46036-2222

R St, Elwood, IN 46036

1906 R St, Elwood, IN 46036-3347

Elwood, IN Land Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

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