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114 S Anderson Street

Elwood, IN 46036

ActiveListed Dec 10, 2025 · 161 days on market

Key facts

Living area
4,884 sqft
Lot
0.07 acres
Type
Commercial Sale · Retail
MLS #
22076503
County
Madison
Total building area
4,884 sqft

About this home

Incredible possibilities exist with this historic building in downtown Elwood. 3 levels of space to achieve almost any commercial interest. Main floor was last used as a coffee shop/bar which is still intact. Second level provides areas for storage or small offices. Upper level is a large open room with hardwood flooring and could be used for a multitude of different ideas. Come be a part of downtown Elwood's revival!

Description provided by the listing brokerage.

Exterior

Parking and garage
Common

Systems

Utilities
Electricity ConnectedNatural Gas AvailableSewer ConnectedWater Connected

Lot and HOA

Zoning
commercial

Schools

Elementary school
Elwood Elementary School
School district
Elwood Community School Corp

Taxes

Estimated annual tax
$3,294 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$1,163per month, estimated
Principal and interest $831Property tax $275Insurance $58
20% · $32,980
6.47%
Loan type
Loan term

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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Listed at$164,900
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