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1623 S K St, Elwood, IN, 46036

2beds
1baths
1,092sqft
$139,900
$128price/sqft
$1,176/moest. monthly cost
$47,040/yrincome needed

About This Home

This 1890 residence offers 1,092 square feet of living area situated on a spacious 7,492 square feet lot. The home is a one-story structure that includes one full bathroom and two bedrooms. The enclosed front porch/sunroom provides an ideal setting for relaxing or enjoying your morning coffee. Additional spaces include a laundry/utility room and a nicely sized mudroom, adding to the home's overall functionality and convenience. You will appreciate the oversized double-door detached garage with a workshop, perfect for hobbies or additional storage,and easy access to the garage is available from the alley. The property features a concrete back deck with a fresh coating. The home has been recently painted throughout and newer flooring, enhancing its appeal and comfort. Move in ready with possession at closing.

Getting Around

39
WalkingCar-Dependent
0
TransitVery Limited Transit
36
BikeSomewhat Bikeable

Schools

--
Elwood Elementary SchoolGrades PK-21.3 mi
3/10

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1890

Materials

  • Foundation: Brick/Mortar
  • Construction materials: Aluminum Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Gas Water Heater,Electric Oven,Range Hood,Refrigerator,Washer
  • Laundry features: Laundry Room

Bedroom2

  • Features: Luxury Vinyl Plank
  • Level: Main
  • Area: 110
  • Dimensions: 11x10

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Bonus Room

  • Level: Main
  • Area: 77
  • Dimensions: 11x7

Dining Room

  • Level: Main
  • Area: 66
  • Dimensions: 11x6

Features

  • Attic Access,Eat-in Kitchen
  • Attic: Access Only

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Whole House Fan,Window Unit(s)

Interior Area

  • Total structure area: 1,092
  • Total interior livable area: 1,092 sqft

Kitchen

  • Level: Main
  • Area: 110
  • Dimensions: 11x10

Laundry

  • Level: Main
  • Area: 66
  • Dimensions: 11x6

Living Room

  • Features: Luxury Vinyl Plank
  • Level: Main
  • Area: 336
  • Dimensions: 24x14

Master Bedroom

  • Features: Luxury Vinyl Plank
  • Level: Main
  • Area: 168
  • Dimensions: 14x12

Sun Room

  • Level: Main
  • Area: 66
  • Dimensions: 11x6

Property

Details

  • Parcel number: 480415302104000027
  • Special condition: Sales Disclosure Supplements
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Glass Enclosed

Lot

  • Lot size: 7,405 sqft
  • Features: Access,City Lot,Curbs,Sidewalks,Street Lights,Mature Trees

Parking

  • Total spaces: 2
  • Parking features: Alley Access,Detached,Concrete
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters Across Indiana Counties

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $707$8,484
Home Insurance *$143$1,716
Property Taxes $142$1,704
Electricity $184$2,212
Total$1,176$14,112
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$40,320/yr
40% on housing$35,280/yr
45% on housing$31,360/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.1%
8.1%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 2.5%
2.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$128This listing

vs Other Active Listings

Avg $/sqft

ZIP 46036$78
Madison County$95

vs Homes Sold Last Month

Median $/sqft

ZIP 46036$105
Madison County$120

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-30Price change$154,900
2026-03-09Price change$159,900
2025-11-21Price change$164,900
2025-11-06Listed for sale$174,900

For Sale by Agent

AgentDiana Dunham
BrokerageKeller Williams Indy Metro NE

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