1403 Madison Rd, Elwood, IN, 46036
About This Home
An inviting single family residence awaits discovery at 1403 Madison RD in ELWOOD, IN, USA, offering a thoughtfully designed space for everyday moments. Within its generous 1938 square feet of living area, the residence provides expansive interiors, creating ample room for diverse activities and personal expression. Three distinct bedrooms offer private retreats, each presenting tranquil surroundings for rest and individual pursuits. A single full bathroom provides essential amenities, thoughtfully arranged for convenience and ease of use. This single story residence, constructed in 1958, ensures effortless navigation throughout its spaces, complementing the substantial 12110 square feet of lot area. The extensive outdoor canvas presents abundant opportunities for private recreation and cultivating a personal environment. This residence offers a distinctive opportunity to cultivate a personalized sanctuary within a spacious setting.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1958
Materials
- Foundation: Slab
- Construction materials: Brick,Vinyl With Brick
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Gas Water Heater,MicroHood,Gas Oven,Refrigerator,Washer
- Laundry features: Main Level
Bedroom2
- Level: Main
- Area: 120
- Dimensions: 12X10
Bedroom3
- Level: Main
- Area: 120
- Dimensions: 12X10
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Dining Room
- Features: Tile-Ceramic
- Level: Main
- Area: 210
- Dimensions: 15X14
Features
- Attic Access,Cathedral Ceiling(s),Eat-in Kitchen
- Number of fireplaces: 1
- Fireplace features: Living Room,Wood Burning
- Fireplace: Yes
- Attic: Access Only
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 1,938
- Total interior livable area: 1,938 sqft
Kitchen
- Features: Tile-Ceramic
- Level: Main
- Area: 210
- Dimensions: 15X14
Laundry
- Features: Other
- Level: Main
- Area: 48
- Dimensions: 8X6
Living Room
- Level: Main
- Area: 406
- Dimensions: 29X14
Master Bedroom
- Level: Main
- Area: 140
- Dimensions: 14X10
Office
- Level: Main
- Area: 140
- Dimensions: 14X10
Property
Details
- Parcel number: 480421100032000027
- Special condition: Estate
- Horse amenities: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
Lot
- Lot size: 0.28 Acres
Parking
- Parking features: Concrete
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
- Hail
- Inland Flooding
- Strong Wind
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $788 | $9,456 |
| Home Insurance * | $159 | $1,908 |
| Property Taxes | $35 | $420 |
| Electricity | $184 | $2,212 |
| Total | $1,166 | $13,992 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
WildfireHailWindHow 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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-06 | Listed for sale | $180,000 |
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