$213,967
SOLD MAY 7, 2026

1887 S 700 E Elwood, IN 46036

6 Beds
3 Baths
-- Sq Ft
1.14 Acres Lot

Sale Details

Date Sold: May 7, 2026

11% Below List Price

9 on Market

Highlights

  • Ranch Style House
  • Shed
  • Baseboard Heating
  • Tipton High School Rated 9+

About This Home

As of May 2026

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.

Last Agent to Sell the Property

Cheryl Trietsch

CENTURY 21 Scheetz Brokerage Email: ctrietsch@c21scheetz.com License #RB14042006 Listed on: 03/23/2026

CENTURY 21 Scheetz

Last Buyer's Agent

Terri Ashmore

T&H Realty Services, Inc. License #RB14032195

T&H Realty Services, Inc.

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

  • Tenant pays for cable TV, electricity
  • The owner pays for electricity, insurance, lawncare, taxes, trash collection
  • Tax Lot /
  • Assessor Parcel Number 800908300031000007
  • Seller Concessions Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,970

Year Built

Built in 1973 | Remodeled

Lot Details

1.14 Acres

Listing Details

  • Property Sub Type: Triplex
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1973
  • Lot Size Acres: 1.14
  • Structure Type: Triplex
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Conversion: No
  • Attribution Contact: ctrietsch@c21scheetz.com
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Other Equipment: Smoke Alarm
  • Owner Pays: Electricity, Insurance, Lawncare, Taxes, Trash Collection

Exterior Features

  • Roof: Asphalt
  • Construction Materials: Brick
  • Direction Faces: West
  • Exterior Features: Storage Shed
  • Foundation Details: Block
  • Property Condition: Updated/Remodeled
  • Road Access: County Rd

Garage/Parking

  • Parking Features: Common, Gravel
  • Unit Parking: Parking Lot

Utilities

  • Cooling: None
  • Heating: Baseboard
  • Laundry Features: Connections All
  • Solid Waste: No

Lot Info

  • Lot Features: Rural - Not Subdivision
  • Property Attached Yn: No
  • Additional Parcels: No
  • Current Use: Apt<20
  • Lot Size Sq Ft: 49528
  • Parcel Number: 800908300031000007
  • Acres: 1-3 Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Operating Expense: 3016
  • Insurance Expense: 1384

Tax Info

  • Tax Annual Amount: 1970
  • Tax Lot: /
  • Semi Annual Property Tax Amt: 985

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2018
Sold by
Open Gate Props Llc
Bought by
Copas Roger S

Purchase Details

Closed on
Jun 7, 2016
Sold by
Cliff Carlely
Bought by
Smith Zachary C and Smith Sara D

Purchase Details

Closed on
Nov 26, 2014
Sold by
Eddie Sloan
Bought by
Carley Cliff

Purchase Details

Closed on
Apr 12, 2013
Sold by
Tipton Co Sheriff John R Moses
Bought by
Sloan Eddie
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2026 05/07/26 Sold $213,967 -10.8% --
04/01/2026 04/01/26 Pending -- -- --
03/23/2026 03/23/26 For Sale $239,900 -- --
Source: MIBOR Broker Listing Cooperative®

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22089772

MIBOR Broker Listing Cooperative®

APN: 80-09-08-300-031.000-007

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