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1615 Avenue East St, Elwood, IN, 46036

3beds
2baths
1,120sqft
$185,000
$165price/sqft
$1,420/moest. monthly cost
$56,800/yrincome needed

About This Home

Welcome to 1615 Avenue East St, located in a delightful part of ELWOOD, IN, USA! Looking for an amazingly affordable ranch with an inviting front porch? Here it is! Get ready to kick off your shoes and embrace the easy-breezy lifestyle this charming home offers. It's a ready-to-move-in and inviting home just waiting for its next adventure. There is a spacious living room as you enter, and there are 3 cheerful bedrooms, and 2 baths. The heart of this home features a huge open family-dining kitchen with endless storage cabinets and pantry complete with a pass through perfect for casual breakfasts or impromptu snack attacks in the cozy family room. Step outside to discover a private fully fenced yard, your personal kingdom for barbecues, gardening, or simply basking in the sunshine, and a lovely, screened porch, ideal for sipping your morning coffee or unwinding as the day winds down. NOTE: This home has a METAL ROOF. Your Homeowners Insurance will be lower making this home even more affordable!

Getting Around

25
WalkingCar-Dependent
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

--
Elwood Elementary SchoolGrades PK-21.7 mi
4/10

Construction

Condition

  • Year built: 1966

Materials

  • Foundation: Crawl Space
  • Construction materials: Vinyl Siding,Brick,Shingle Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Water Heater,Microwave,Electric Oven,Water Heater,Dishwasher,Range Hood
  • Laundry features: In Unit,Connections All

Bedroom2

  • Level: Main
  • Area: 144
  • Dimensions: 12x12

Bedroom3

  • Level: Main
  • Area: 80
  • Dimensions: 10x8

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Family Room

  • Level: Main
  • Area: 160
  • Dimensions: 16x10

Features

  • Attic Pull Down Stairs,Breakfast Bar,Eat-in Kitchen
  • Attic: Pull Down Stairs

Heating & Cooling

  • Heating features: Baseboard,Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,120
  • Total interior livable area: 1,120 sqft

Kitchen

  • Features: Luxury Vinyl Plank
  • Level: Main
  • Area: 176
  • Dimensions: 16x11

Laundry

  • Level: Main
  • Area: 54
  • Dimensions: 9x6

Living Room

  • Level: Main
  • Area: 192
  • Dimensions: 16x12

Master Bedroom

  • Level: Main
  • Area: 160
  • Dimensions: 16x10

Property

Details

  • Parcel number: 480421100090000027
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Screened
  • Fencing: Fenced,Full

Lot

  • Lot size: 7,405 sqft
  • Features: Cul-De-Sac,Sidewalks,Mature Trees,Wooded

Parking

  • Total spaces: 1
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Inland Flooding
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 $935$11,220
Home Insurance *$189$2,268
Property Taxes $112$1,344
Electricity $184$2,212
Total$1,420$17,040
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$48,685/yr
40% on housing$42,600/yr
45% on housing$37,866/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

$165This listing

vs Other Active Listings

Avg $/sqft

ZIP 46036$77
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
2026-08-07Price change$179,500
2026-07-16Listed for sale$185,000
2021-10-26Sold$140,000
2021-09-24Pending sale$139,900

For Sale by Agent

AgentPamela Crew
BrokerageHighgarden Real Estate

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