Residential

Elwood, IN Residential Land & Home Lots for Sale

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Mostly Wooded Land with Creek
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
Updated: Feb 11
Residential Lot in Elwood Neighborhood

N E Street, Elwood, IN 46036

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0.21 AC lot
Versatile 0.21‑acre lot in an established Elwood neighborhood.
Paved access and electricity available at the street.
Ideal for non‑residential creative uses due to water pressure limitations.
Suitable for a private garden or spacious secondary yard.
Potential for a detached garage or hobby workshop (buyer to verify zoning).
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Buildable Residential Lot
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 For Sale
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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Residential Lot Ready For Building
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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Elwood Residential Lot Opportunity
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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Land, Elwood, IN
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
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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Land, Elwood, IN
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
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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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 10 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.

Residential Lots in Frankton, IN
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
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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Vacant Residential Lot Package
Vacant Residential Lot Package

218 E Delaware St, Windfall, IN 46076

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Four vacant lots are offered for sale, with cash-only terms.

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Residential Development Lots
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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Elwood, IN Residential Land & Home Lots Market Trends and Statistics

Explore 10 residential land & home lots for sale in Elwood, IN, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 373,745 square feet of properties for sale, with an estimated market value of $150,000.

Sale prices for home sites in Elwood, IN average $150,000 — 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

Residential land & home lots 6
Hunting land 2
Agricultural land / Farmland 1
Commercial land 1
Industrial land 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 $16.7K

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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