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    1218 S 24Th St Elwood, IN 46036

    For Sale
    Contact for pricing

    Residential Lots - Elwood, IN

    Lot size:
    0.39 Acres
    Days on Market:
    77
    Last Refresh:
    Dec 7 at 2:06 pm

    Property Features for 1218 S 24Th St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    i. Residential
    APN
    480415403051000027
    Lot size
    0.39 Acres

    Building Details

    Architectural style
    Other

    Keller Williams Indy South (317) 882-5900 [email protected]

    Listing agent Melissa Moyers (317) 882-5900 License #RB21001037

    Listing date Sep 22, 2025

    MLS# 22021671 Listing URL

    Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Elwood, Indiana Residential Triple Lot

    This property features three residential lots in Elwood, Indiana, suitable for building. The combined lots offer ample space for a custom home. Situated in a quiet neighborhood, the location provides convenient access to schools, parks, shopping, and dining options. The total lot size is 0.39 acres. This property is located in Madison County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elwood
    County
    Madison
    State
    Indiana
    Longitude
    -85.830609
    Latitude
    40.265304

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    FAQs

    What type of property is this?
    Residential land & home lot - Three residential lots in Elwood, Indiana, ready for building.
    Where is this residential land & home lot located?
    The property is located at 1218 S 24Th St Elwood, IN.
    What is the asking price?
    The asking price for this property is $17,000.
    What are key features of this property?
    This property features: - Triple lot offers ample space for building a custom home.; - Ready-to-build property simplifies the construction process.; - Located in the heart of Elwood, Indiana.
    (317) 882-5900
    Request Owner's contact information
    1218 S 24Th St Elwood, IN 46036
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    Elwood, IN 46036
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1218 S 24Th St Elwood, IN 46036
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