1887 S 700 E Elwood, IN 46036
Estimated payment $1,426/month
Highlights
- Ranch Style House
- Shed
- Baseboard Heating
- Tipton High School Rated 9+
About This Home
Great investment opportunity. This brick triplex sits on over an acre of land possibly leaving space to expand on the income potential. All 3 units are currently rented with 2 of the units being on month to month leases and the third expires in October 2026. Apartment 3 was gutted and redone in 2025 so it is all new from the studs out including electrical, plumbing, windows, doors and all new appliances. Plenty of off street parking, laundry connections in each unit, tenants pay electric and any cable/internet connections they want. Seller pays taxes, insurance, trash, landscaping/mowing, snow removal and electric for well pump. Property is on well and septic.
Listing Agent
CENTURY 21 Scheetz Brokerage Email: ctrietsch@c21scheetz.com License #RB14042006 Listed on: 03/23/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,970
Year Built
- Built in 1973 | Remodeled
Lot Details
- 1.14 Acre Lot
- Rural Setting
Parking
- Common or Shared Parking
Home Design
- Triplex
- Ranch Style House
- Brick Exterior Construction
- Block Foundation
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Outdoor Features
- Shed
- Storage Shed
Additional Features
- Washer and Dryer Hookup
- Baseboard Heating
Listing and Financial Details
- The owner pays for electricity, insurance, lawncare, taxes, trash collection
- Tax Lot /
- Assessor Parcel Number 800908300031000007
Map
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/23/2026 03/23/26 | For Sale | $239,900 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $97,000 | -- | |
| Deed | $87,500 | Security Title | |
| Deed | $32,500 | Security Title Services | |
| Sheriffs Deed | $27,000 | -- |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22089772
APN: 80-09-08-300-031.000-007
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.