For Sale2d on market
1403 Madison Rd
Elwood, IN, 46036 • 46036 • Madison County
$180,000
$93/sqft
Down payment assistance available
3Beds
1Baths
1,938Sqft
0.28 acLot
1958Built
Property DNA
Ranch Style
Built 1958 · 68 years of history
No Subdivision
46036
Outdoor Living
Patio
1 Fireplace
Living Room · Wood Burning
2d on Market
Listed Apr 6, 2026
This home is getting attention
Listed 2 days ago · 251 views · 10 saves
Market activity
Demand and pricing signals for this listing
251 views
People checking out this listing
10 saves
Buyers have saved this home
2 days on market
Just listed — act fast
$93/sqft
Price per square foot
About this home
Single Family · Built 1958
An inviting single family residence awaits discovery at 1403 Madison RD in ELWOOD, IN, USA, offering a thoughtfully designed space for everyday moments. Within its generous 1938 square feet of living area, the residence provides expansive interiors, creating ample room for diverse activities and personal expression. Three distinct bedrooms offer private retreats, each presenting tranquil surroundings for rest and individual pursuits. A single full bathroom provides essential amenities, thoughtfully arranged for convenience and ease of use. This single story residence, constructed in 1958, ensures effortless navigation throughout its spaces, complementing the substantial 12110 square feet of lot area. The extensive outdoor canvas presents abundant opportunities for private recreation and cultivating a personal environment. This residence offers a distinctive opportunity to cultivate a personalized sanctuary within a spacious setting.
Standout features identified
Our analysis highlights extensive outdoor canvas, three distinct bedrooms, and tranquil surroundings for rest as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,181/month
Principal & Interest$941
Property Tax$180
Insurance$60
Down payment20% ($36,000)
3%50%
Est. 6.83% rate · 30yr fixed · $144,000 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1958
HeatingForced Air, Natural Gas
CoolingCentral Air
ParkingConcrete
Lot0.28 Acres
Days on Zillow2 Days
Price/sqft$93
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleRanch
Year built1958
Stories1
Systems
HeatingForced Air, Natural Gas
CoolingCentral Air
ConstructionBrick, Vinyl With Brick
Water / SewerPublic
Parking & Outdoor
ParkingConcrete
Fireplaces1
Lot0.28 Acres
Location & Tax
Neighborhood46036
Annual tax$278
Parcel480421100032000027
Bathrooms & Fees
Full baths1
Features & details
11 categories of property features
Interior Features
Interior
Attic Access
Cathedral Ceiling(s)
Eat-in Kitchen
Appliances
Dishwasher
Dryer
Gas Water Heater
MicroHood
Gas Oven
Refrigerator
Washer
Heating
Forced Air
Natural Gas
Cooling
Central Air
Laundry
Main Level
Fireplace
Living Room
Wood Burning
Exterior Features
Parking
Concrete
Construction
Brick
Vinyl With Brick
Patio & Porch
Patio
Community
Low Maintenance Lifestyle
Utilities
Sewer Connected
Water Connected
Room details
8 rooms detailed
Master Bedroom
Main14×10 ft140 sqft
Bedroom2
Main12×10 ft120 sqft
Bedroom3
Main12×10 ft120 sqft
Dining Room
Main15×14 ft210 sqft
Tile-Ceramic
Kitchen
Main15×14 ft210 sqft
Tile-Ceramic
Laundry
Main8×6 ft48 sqft
Other
Listing insights
Market data and value estimates
StatusFor Sale
Days on market2
Tax rate0.76%
Price/sqft$93
On marketApr 6, 2026
PostedApr 6, 2026
MLS statusActive
MLS updatedApr 6, 2026
Tour days9
Views251
Favorites10
How are the schools in Elwood?
3 schools rated nearby
Location
Elwood, IN, 46036
Price history
1 event
DateEventPrice$/sqftSource
Apr 6, 2026Listed For Sale$180,000$93MIBOR as distributed by MLS GRID
Listed For Sale$180,000
Apr 6, 2026•$93/sqft•MIBOR as distributed by MLS GRID
Tax history
18 years of records
YearTax paidAssessed value
Apr 9, 2025$279$96,500
Apr 9, 2024$185$80,300
Apr 9, 2023$95$73,700
Apr 9, 2022$687$72,700
Apr 9, 2021$639$67,900
Apr 9, 2020$625$63,300
Apr 9, 2019$620$61,900
Apr 9, 2018$613$60,400
Apr 9, 2017$683$59,700
Apr 9, 2016$673$61,700
Apr 9, 2014$667$61,100
Apr 9, 2013$667$61,100
Apr 9, 2012$666$60,200
Apr 9, 2011—$63,400
Apr 9, 2010$682$63,400
Apr 9, 2009$473$60,200
Apr 9, 2006—$60,500
Apr 9, 2005—$53,500
Nearby homes
Neighborhood details
Local context around this listing
Elwood, IN • Madison County
Nearby cities
AlexandriaAndersonChesterfieldElwoodFortvilleFranktonLapelMarkleville
Nearby zip codes
46036
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-08 20:13:12 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
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