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849 N 11th Street N

Elwood, IN 46036

ActiveListed Jul 16, 2026 · 12 days on market

Key facts

Lot
0.2 acres
Type
Land · Residential Lots
MLS #
22113949
County
Madison
Subdivision
No Subdivision

About this home

The property comprises two city lots, which are being sold together as a single offering. These lots are positioned at the corner of North 11th Street and North "N" Street, providing a prominent and accessible location within the city. Together, the two lots encompass a combined area of 8,400 square feet, which equates to approximately 0.20 acres. This generous amount of space presents various possibilities for non-residential use. The corner location of the property is advantageous, as it allows for easier access. This feature is especially beneficial for those looking to construct a garage, barn, or personal storage structure. The space may also be used for equipment storage or as a workspace, making the property a practical choice for individuals seeking utility and convenience. It is important to note that building a home on this lot is not permitted. The prohibition is due to low water pressure in the area, which prevents residential construction. As a result, the property is best suited for non-residential purposes.

Description provided by the listing brokerage.

Exterior

Other structures
Not Applicable

Systems

Sewer
Not Applicable

Lot and HOA

Zoning
Residential

Schools

Elementary school
Elwood Elementary School
High school
Elwood Jr-Sr High School
School district
Elwood Community School Corp

Taxes

Estimated annual tax
$144 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$93per month, estimated
Principal and interest $76Property tax $12Insurance $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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