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1887 S 700 E

Elwood, IN 46036
  • $213,967
  • STATUS: Sold
  • ON SITE: 55 Days
  • MLS #: 22089772
Sold - 05/07/2026
$213,967
SOLD - 05/07/2026
  • 0
    BEDS
  • 1.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1973
County:

School Ratings & Info

School District:

Description

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.

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© 2026 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or Vision One Real Estate.

Based on information submitted to the MLS GRID as of 2026-05-18T16:25:59.74. 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.
Click here for MLS GRID DMCA Notice
www.visiononerealestate.com/homes/174365357
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1887 S 700 E Elwood, IN 46036

  • Price: $239,900
  • Status: Sold
  • On Site: 55 Days
  • Updated: 30 min ago
  • MLS #: 22089772
0
Beds
0
Baths
0
½ Baths
1.14
Acres
1973
Built
Neighborhood:
No Subdivision
County:
Tipton
Area:
8006 - Tipton - Madison
School District:
Tipton Community
Property Description
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.
Exterior Features

Architectural Style Ranch Construction Materials Brick Exterior Features Storage Shed Foundation Details Block Levels One Lot Information Rural - Not Subdivision Parking Features CommonGravel Road Access County Rd Roof Asphalt Structure Type Triplex Unit Parking Parking Lot

Interior Features

Basement YN No Cooling None Heating Baseboard

Property Features

Acres 1-3 Acres Building Utilities Private WellSeptic System Current Financing Conventional Current Use Apt<20 Dpr YN No Expenses 3016 Laundry Connections All New Construction YN No Number Of Units Total 3 Other Equipment Smoke Alarm Owner Pays ElectricityInsuranceLawncareTaxesTrash Collection Possession Closing Property Attached YN No Property Condition Updated/Remodeled Property Sub Type Triplex Semi Annual Property Tax Amt 985 Solid Waste No Special Listing Conditions Sales Disclosure Supplements Tax Year 2024 Tenant Pays Cable TVElectricity Township Madison Transaction Type Sale

Listing provided courtesy of CENTURY 21 Scheetz: . © 2026 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


© 2026 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or Vision One Real Estate.

Based on information submitted to the MLS GRID as of 2026-05-18T16:25:59.74. 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.
Click here for MLS GRID DMCA Notice
 
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