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113 S 12th St, Elwood, IN, 46036

4beds
2baths
1,923sqft
$223,000
$116price/sqft
$1,681/moest. monthly cost
$67,240/yrincome needed

About This Home

Clean and Unique 4 bedroom, 2 full bathroom home located close to downtown Elwood. This two-story home features a newer roof, and windows! Along with a full basement, one-car attached garage, and nice-sized backyard. Possession at closing. Open House July 4th and 5th 1-3, PM.

Getting Around

57
WalkingSomewhat Walkable
0
TransitVery Limited Transit
46
BikeSomewhat Bikeable

Schools

--
Elwood Elementary SchoolGrades PK-20.7 mi
4/10

Construction

Condition

  • Year built: 1920

Materials

  • Construction materials: Stucco

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Partial,Full,Block,Concrete

Bedroom1

  • Level: Main

Bedroom2

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 1

Features

  • Number of fireplaces: 1
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,923

Heating & Cooling

  • Heating features: Electric,Hot Water
  • Cooling features: Window Unit(s),Multi Units

Interior Area

  • Total structure area: 2,303
  • Total interior livable area: 1,923 sqft

Property

Details

  • Parcel number: 480416101051.000027

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 8,712 sqft
  • Features: Irregular Lot
  • Lot size dimensions: 66x132

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

  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Strong Wind
Tornado
Cold Wave
Hail
Heat Wave
Lightning
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 $1,127$13,524
Home Insurance *$228$2,736
Property Taxes $142$1,704
Electricity $184$2,212
Total$1,681$20,172
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$57,634/yr
40% on housing$50,430/yr
45% on housing$44,826/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

$116This listing

vs Other Active Listings

Avg $/sqft

ZIP 46036$76
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
2026-08-13Price change$209,000
2026-08-06Price change$215,000
2026-07-30Price change$223,000
2026-07-27Price change$224,000
2026-07-15Price change$225,000
2026-07-03Price change$229,000
2026-06-28Price change$232,000
2026-06-18Price change$233,000
2026-06-15Price change$234,000
2026-06-12Listed for sale$239,000
2024-04-12Sold$179,900
2024-03-06Pending sale$179,900
2024-02-16Listed for sale$179,900
2023-08-14Sold$60,000
2023-07-05Pending sale$65,000
2023-07-04Listed for sale$65,000

For Sale by Agent

AgentJeff Bridenthal
BrokerageMoving Real Estate

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