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0 N Eighth Street

Elwood, IN 46036

ActiveListed Feb 11, 2026 · 15 days on market

Key facts

Lot
0.13 acres
Type
Land · Residential Lots
MLS #
22083582
County
Madison
Subdivision
Pearl

About this home

Build opportunity in Elwood! This flat 0.13-acre residential-zoned lot is currently being farmed and will require a flag survey to clearly mark boundaries. The parcel has been verified as buildable by the county, making it a great option for new construction. Previously improved with a home removed around 2014, utilities were historically present at the site. Buyer to verify current availability, connection status, locations, and any associated tap or hookup fees. Conveniently located near schools, parks, and downtown amenities. Ideal for a single-family home. Concept rendering shown for inspiration only-home not currently constructed. Bring your own builder or explore build-to-suit options.

Description provided by the listing brokerage.

Exterior

Other structures
No Building

Systems

Sewer
Public Sewer

Lot and HOA

Zoning
residential

Schools

Elementary school
Elwood Elementary School
School district
Elwood Community School Corp

Taxes

Estimated annual tax
$114 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$90per month, estimated
Principal and interest $76Property tax $10Insurance $5
20% · $3,000
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$15,000
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