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0 State Road

Elwood, IN 46036

ActiveListed Jul 14, 2026 · 2 days on market

Key facts

Lot
1.83 acres
Type
Land · Residential Lots
MLS #
22113922
County
Madison
Subdivision
No Subdivision

About this home

Unlock the potential of this prime 1.83-acre parcel perfectly situated along State Road 28. Located just east of State Road 37 and minutes from downtown Elwood, this vacant lot offers an exceptional development opportunity with a steady, continuous flow of traffic. Whether you are looking to establish a new business footprint, store equipment, or capitalize on strategic highway frontage, this parcel delivers the exposure and accessibility your project demands.

Description provided by the listing brokerage.

Exterior

Other structures
No Building

Systems

Sewer
Not Applicable

Lot and HOA

Lot features
Not Applicable
Zoning
Residential

Schools

Elementary school
Elwood Elementary School
School district
Elwood Community School Corp

Taxes

Estimated annual tax
$45 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$542per month, estimated
Principal and interest $504Property tax $4Insurance $35
20% · $19,980
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$99,900
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