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Looking for a property with space to spread out, generate rental income, or accommodate extended family? This unique Elwood home, set on a generous corner lot spanning three parcels, offers versatility and value in one. The main residence includes two bedrooms, a full bathroom, a spacious living area, a country-style kitchen with center island, and a cozy breakfast room. A basement offers excellent storage, and the attic-accessible via pull-down stairs-is unfinished but holds potential for future living space or additional storage. Step outside to enjoy a concrete patio and a detached 3-car garage with a large workshop-perfect for hobbies or extra storage. Attached to the garage is a private apartment with a separate entrance. With a bit of updating, this space could shine as an ideal guest suite, rental, or in-law quarters. It includes a kitchen, living room, bedroom, bathroom, and laundry area, all generously sized. With mature trees, a spacious layout, and a convenient location near schools and amenities, this property is a great fit for homeowners, investors, or anyone looking for a little extra space and opportunity. Buyer to confirm all square footage/room sizes.
Property Type(s):
Single Family
| Last Updated | 4/18/2025 | Tract | Oakland |
|---|---|---|---|
| Year Built | 1935 | Community | 4804 - Madison - Pipe Creek |
| Garage Spaces | 4.0 | County | Madison |
SCHOOLS
| Elementary School | Elwood Elementary School |
|---|
Additional Details
| APPLIANCES | Electric Cooktop, Electric Water Heater |
|---|---|
| AREA | 4804 - Madison - Pipe Creek |
| BARN/EQUESTRIAN | Yes |
| BASEMENT | FULL, Unfinished, Yes |
| CONSTRUCTION | Vinyl Siding |
| GARAGE | Yes |
| HEAT | Forced Air |
| LOT | 7405 sq ft |
| LOT DESCRIPTION | Corner Lot |
| PARKING | Detached |
| STORIES | 1 |
| STYLE | Bungalow |
| SUBDIVISION | Oakland |
Location
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Listed with F.C. Tucker Company
Listing information is deemed reliable, but not guaranteed.
© 2025 Metropolitan Indianapolis Board of REALTORS®
© 2025 Metropolitan Indianapolis Board of REALTORS®
This IDX solution is (c) Diverse Solutions 2025.
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