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1221 Elk Lane

Elwood, IN 46036

ActiveListed Oct 11, 2026 · 2 days on market

Key facts

Beds
2
Baths
1 full
Living area
900 sqft
Lot
0.19 acres
Year built
1975
Type
Residential · Single Family Residence
Stories
One
Garage
1 space
MLS #
22131015
County
Madison
Subdivision
Elwood Heights

About this home

Welcome to this beautifully updated two-bedroom ranch nestled on a quiet, peaceful street with scenic views and a private backyard. Upgrades past 5 years feature a newer roof, front deck, front door, garage door, fresh paint, modern lighting, windows, concrete driveway, shutters a fully remodeled bathroom, updated kitchen countertops, and appliances. Major peace-of-mind updates include a newer water heater, water softener, and forced-air HVAC system. Additional property highlights include a newly installed storage shed and a garage equipped with a convenient 220-volt outlet ideal for a welder. With all the major updates already taken care of, this turnkey home is ready for you to move right in and start enjoying!

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDryerElectric OvenRefrigeratorWasherElectric Water HeaterWater Softener OwnedRange Hood
Interior features
Walk-In Closet(s)
Kitchen
Kitchen Updated
Laundry
Main Level
Windows
Vinyl Windows
Rooms
5
Main-level bedrooms
2

Exterior

Exterior features
Storage Shed
Patio and porch
DeckPatio
Construction
Aluminum SidingBrick
Foundation
Slab
Style
Ranch
Parking and garage
AttachedGarage Door Opener
Other equipment
Smoke Alarm

Systems

Heating
BaseboardForced AirElectric
Cooling
Central AirWall Unit(s)
Water
Public
Utilities
Cable Available

Lot and HOA

Lot features
CurbsSidewalks

Schools

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

Taxes

Estimated annual tax
$40 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$892per month, estimated
Principal and interest $831Property tax $3Insurance $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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