Key facts
- Beds
- 3
- Baths
- 1 full
- Living area
- 1,814 sqft
- Lot
- 0.14 acres
- Year built
- 1884
- Type
- Residential · Single Family Residence
- Stories
- Two
- MLS #
- 22074793
- County
- Madison
- Subdivision
- Starkeys
- Total building area
- 2,112 sqft
About this home
Excellent investment opportunity on this bungalow in Elwood! Last rent was $985/month. Property needs some work but near parks and close to Speedway or Downtown. This 2 bedroom home features enclosed front and back porches, 2 spacious bedrooms on the main level, large eat-in kitchen with a breakfast bar, ceiling fans, separate laundry room, a huge upstairs loft area that could be used as a 3rd bedroom, and spacious yard. Additional 6 properties available from same seller/agent, varying condition. Property is sold in Receivership - requires UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW YORK approval of contract prior to closing. Property is sold as-is. Seller will not assume responsibility for any required repairs to the home to qualify for financing. Buyer to be responsible for all costs on the settlement statement except for Seller paid commissions and management fees. Please see the attached documents. The Seller Addendum must be executed and delivered with all Purchase Offers along with all disclosures and proof of funds. Seller will not assume responsibility for any required repairs to the home to qualify for financing. Utilities are inactive and the home is winterized.
Description provided by the listing brokerage.
Interior
- Appliances
- Basement
- Laundry
- Windows
- Rooms
- 6
- Main-level bedrooms
- 2
Exterior
- Patio and porch
- Construction
- Foundation
- Style
Systems
- Heating
- Cooling
- Water
Schools
- School district
- Elwood Community School Corp
Taxes
- Estimated annual tax
- $1,236 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2024
Estimate your monthly payment
Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.
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