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501 S A Street

Elwood, IN 46036

ActiveListed Oct 22, 2026 · 1 day on market

Key facts

Lot
1.76 acres
Type
Land · Unimproved Land
MLS #
22132722
County
Madison
Subdivision
No Subdivision

About this home

Commercial lot: 1.75 acres, L-shaped. Land has been leveled and is ready for construction. The property boundaries extend straight back to the railroad track. The full concrete pad at the back of the land is owned by the seller and included; however, the block building behind the property is excluded, as it belongs to another owner.

Description provided by the listing brokerage.

Estimate your monthly payment

$778per month, estimated
Principal and interest $630Property tax $104Insurance $44
20% · $25,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax at 1.0% of price (Indiana homestead-capped at 1%), 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$125,000
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