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10261 N State Road 37, Elwood, IN, 46036

5beds
4baths
6,732sqft
$530,000
$79price/sqft
$4,238/moest. monthly cost
$169,520/yrincome needed

About This Home

Welcome to your dream home! At over 6,000 square feet, this house has it all. Enjoy 5 bedrooms and 4 full bathrooms along with 2 separate living rooms. Not enough space you say, how an unfinished basement with 9 foot tall ceilings and over 2,000 square feet of space. Dual furnaces and AC units (both under 10 years old) deliver dual climate control for the upstairs and main levels making the different levels not only comfortable but energy efficient. If somehow that is not enough space for you, check out the outdoor living areas. Sitting on just under 2 acres, this home has a great front porch for relaxing and enjoying your morning coffee. If entertaining is more of your style, take the party to the back and enjoy a large deck with above ground pool! All appliances included (washer, dryer, oven/range, microwave, dishwasher, refrigerator)

Getting Around

10
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

--
Elwood Elementary SchoolGrades PK-22.3 mi
4/10

Construction

Condition

  • Year built: 1996

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Brick

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Electric Water Heater,Disposal,Microwave,Electric Oven,Refrigerator,Washer
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Ceiling - 9+ feet,Full

Bedroom2

  • Level: Main
  • Area: 168
  • Dimensions: 14 x 12

Bedroom3

  • Level: Main
  • Area: 168
  • Dimensions: 14 x 12

Bedroom4

  • Level: Upper
  • Area: 224
  • Dimensions: 14 x 16

Bedroom5

  • Level: Upper
  • Area: 375
  • Dimensions: 25 x 15

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4
  • Main level bathrooms: 3
  • Main level bedrooms: 3

Features

  • Built-in Features
  • Finished area below ground: 0

Heating & Cooling

  • Heating features: Zoned,Forced Air,High Efficiency (90%+ AFUE )
  • Cooling features: Central Air,Heat Pump

Interior Area

  • Total structure area: 6,732
  • Total interior livable area: 6,732 sqft

Kitchen

  • Level: Main
  • Area: 243
  • Dimensions: 27 x 9

Laundry

  • Level: Main
  • Area: 48
  • Dimensions: 8 x 6

Living Room

  • Level: Main
  • Area: 567
  • Dimensions: 21 x 27

Master Bedroom

  • Level: Main
  • Area: 196
  • Dimensions: 14 x 14

Property

Details

  • Parcel number: 480422300010000026
  • Attached to another structure: Yes
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2
  • Pool features: Above Ground
  • Patio & porch: Covered,Deck

Lot

  • Lot size: 1.84 Acres
  • Features: Irregular Lot,Mature Trees

Parking

  • Total spaces: 3
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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 $2,679$32,148
Home Insurance *$542$6,504
Property Taxes $400$4,800
Electricity $617$7,405
Total$4,238$50,856
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$145,302/yr
40% on housing$127,140/yr
45% on housing$113,013/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

$79This 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
2026-07-31Price change$530,000
2026-07-02Listed for sale$545,000
2026-05-30Pending sale$545,000
2026-05-21Listed for sale$545,000

For Sale by Agent

AgentLandon Whetsel
BrokerageCENTURY 21 Scheetz

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