Check Availability
Elwood 46036
501 S A Street
$180,000
↓ $20K (10%)
Land - For Sale

501 S A Street

Elwood, IN 46036
bedrooms
Studio
bathrooms
0 Bath
$963
Estimated Monthly
3.57%
Cap Rate

About This Property

Commercial property, 1.75 acres, the land has been leveled and ready to start building on. Land goes straight back to the railroad track, the block building behind does not go with the property. The entire piece of cement back of land is owned by the seller. Lot is in the shape of a L.
Unit Size
-
Days on Market
560 days
Land Size
1.76 acres
Price per sqft
-
Property Type
Land
Property Taxes
$78
HOA Dues
-
Year Built
1940

Listed By

Diana Dunham
Diana Dunham
Keller Williams Indy Metro NE
Last updated: 3 months ago (MIBORIN #21895008)

Price History

Date / Event Date Event Price
Mar 24, 2024 Price Decreased $180,000
↓ $20K (10%)
Price Decreased
Oct 18, 2023 Price Decreased $199,900
↓ $10K (4.8%)
Price Decreased
Dec 11, 2022 Price Decreased $210,000
↓ $100K (32.3%)
Price Decreased
Dec 5, 2022 Listed by Indy Metro Northeast dba Keller Williams Realty $310,000
Listed by Indy Metro Northeast dba Keller Williams Realty
Feb 25, 2019 No longer available -
No longer available
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Bedroom Count: 0
  • Building Condition: Poor
  • Building Quality: D
  • Construction Type: Wood
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,182
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,304
  • Gross Building Area: 2,304
  • Building Area: 2,304
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Industrial
  • Subdivision: STOKLEY ADD
  • Land Acres: 0.096
  • Standard Land Use Code: Storage yard, open storage (light equipment, material)
  • Legal Description 1: STOKLEY ADDITION 0.0000ACRES STR: SECTION: PLAT: IN: OUT:

Ownership

  • Current Owner : UPDEGRAFF TIERANEY KAEY
  • Previous Owner : B R RENTALS LLC
  • Owner Before Previous Owner: B R RENTALS LLC
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Dec 25, 2023

Neighborhood

  • School District Name: Elwood Community School Corporation
  • Census Tract: 010200

Geography

  • Assessors Map Reference: MP D1-J
  • Account Number: 26-2016-1-006
  • District: 0010
  • Parcel: 48-04-16-201-174.000-027
  • Municipality: PIPE CREEK TOWNSHIP
  • Latitude: 40.2752
  • Longitude: -85.8561

    Address

  • Full Address: 501 S A St
  • Address - House Number: 501
  • Street Direction: S
  • Address - Street Name: A
  • Address - Suffix Type: St
  • State: IN
  • City Name: Elwood
  • Carrier Code: C005
  • 4-Digit Zip Code: 1813
  • Zip Code: 46036

Valuation

    Tax

  • Total Area: 2,304
  • Tax Year: 2022
  • Tax Amount: $369
  • Tax Rate Code Area: 26:ELWOOD

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $50,000
  • First Open Lien Mortgage Lender: STAR FINANCIAL BANK
  • First Open Lien Mortgage Recording Date: Oct 13, 2022
  • First Open Lien Mortgage Loan Amount: $50,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Oct 17, 2032

    Market Valuation

  • Market Total Value: $12,300
  • Market Land Value: $2,400
  • Market Improvement Value: $9,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,300
  • Assessed Land Value: $2,400
  • Assessed Improvements Value: $9,900

    Sales

  • Current Sale Contract Date: Aug 24, 2022
  • Current Sale Recording Date: Oct 13, 2022
  • Current Sale Transaction ID: 11897057941
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 17307
  • Previous Sale Recording Date: Oct 13, 2022
  • Previous Sale Contract Date: Aug 24, 2022
  • Previous Sale Document Type: Quit Claim Deed

    Previous Mortgages

  • Previous Mortgage Lender: STAR FINANCIAL BANK
  • Previous Mortgage Transaction Date: Oct 13, 2022
  • Previous Mortgage Loan Amount: $50,000
  • Previous Mortgage Loan Due Date: Oct 17, 2032

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
2,893 ft²
$69/ft²
$199,999 Nov 3, 2022
-
$158/mo

About Elwood


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Frequently Asked Questions

When was property at 501 South A Street built and last sold?
The property at 501 South A Street was built in 1940 and last sold on Aug 24, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 501 South A Street is $212,100.
What are some comparable homes to 501 South A Street?
Homes that are comparable to 501 South A Street include a house property at 1120 South A Street, located in Elwood, IN.

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