1 Elm Tree Ct, Greenwood, IN, 46142
About This Home
Like buying a brand-new home-right in the heart of downtown Greenwood! This stunning 4-bedroom, 2.5-bath home has been completely reimagined from the ground up and sits on an exceptional .89-acre lot just steps from downtown Greenwood's restaurants, shopping, parks, and entertainment. Enjoy the charm of an established neighborhood with the peace of mind and modern conveniences of virtually new construction. Completely gutted to the studs, this remarkable home underwent a massive renovation in 2025, including the addition of an entirely new second story that created over 1,200 square feet of additional living space. The result is a spacious, thoughtfully designed home where everything is brand new! No detail was overlooked. Updates include all-new electrical service, panel, wiring, outlets and switches; all-new plumbing; dual high-efficiency HVAC systems; insulation; drywall; interior and exterior paint; energy-efficient windows; new siding and roof; new gutters and gutter guards; interior and exterior doors; trim; stairways; custom closet systems; Amish-built custom cabinetry; beautifully designed bathrooms with premium fixtures; stainless steel appliances; tankless water heater; sump pump with battery backup; stylish interior and exterior lighting; a welcoming covered concrete front porch; and a spacious rear deck perfect for entertaining. This is a rare opportunity to own a home that offers the character of a prime downtown location with the quality, efficiency, and low-maintenance lifestyle of a brand-new build. If you've been searching for a move-in-ready home with exceptional craftsmanship, generous living space, and nearly an acre of land within walking distance of everything downtown Greenwood has to offer, this is the one you've been waiting for!
Getting Around
Very Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 1946
Materials
- Foundation: Block
- Construction materials: Vinyl With Brick
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Disposal,Microwave,Gas Oven,Refrigerator,Tankless Water Heater,Washer
Basement
- Has basement: Yes
Bedroom2
- Features: Luxury Vinyl Plank
- Level: Upper
- Area: 156.25
- Dimensions: 12.5x12.5
Bedroom3
- Features: Luxury Vinyl Plank
- Level: Upper
- Area: 156
- Dimensions: 13x12
Bedroom4
- Features: Luxury Vinyl Plank
- Level: Upper
- Area: 156
- Dimensions: 13x12
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Bonus Room
- Features: Luxury Vinyl Plank
- Level: Upper
- Area: 372
- Dimensions: 31x12
Breakfast Room
- Level: Main
- Area: 42
- Dimensions: 7x6
Features
- Kitchen Island,Ceiling Fan(s),Pantry,Walk-In Closet(s)
- Window features: Wood Work Painted
- Finished area below ground: 0
Heating & Cooling
- Heating features: Zoned,Forced Air,Natural Gas
- Cooling features: Central Air,Dual
Interior Area
- Total structure area: 3,726
- Total interior livable area: 3,726 sqft
Kitchen
- Features: Luxury Vinyl Plank
- Level: Main
- Area: 286
- Dimensions: 26x11
Living Room
- Features: Luxury Vinyl Plank
- Level: Main
- Area: 247
- Dimensions: 19x13
Loft
- Features: Luxury Vinyl Plank
- Level: Upper
- Area: 117
- Dimensions: 13x9
Master Bedroom
- Features: Luxury Vinyl Plank
- Level: Main
- Area: 273
- Dimensions: 21x13
Property
Details
- Parcel number: 410232012071000026
- Horse amenities: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered,Deck
- Exterior features: Gutter Guards,Smart Light(s)
Lot
- Lot size: 0.89 Acres
Parking
- Total spaces: 2
- Parking features: Attached
- 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
- Tornado
- Strong Wind
- Winter Weather
- Cold Wave
- Earthquake
- Hail
- Inland Flooding
- Lightning
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 | $2,780 | $33,360 |
| Home Insurance * | $303 | $3,636 |
| Property Taxes | $301 | $3,612 |
| Electricity | $341 | $4,098 |
| Total | $3,725 | $44,700 |
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 |
|---|---|---|
| 2026-07-31 | Price change | $549,900 |
| 2026-07-22 | Listed for sale | $569,900 |
| 2023-12-08 | Sold | $235,000 |
| 2023-11-14 | Pending sale | $215,000 |
| 2023-11-07 | Listed for sale | $215,000 |
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