Own this Picturesque property in Elwood, IN!

Situated in the heart of Madison County, this 0.13-acre property has all utilities available along the road, this is zoned Residential.

In addition to the peaceful surroundings, the immediate area around the property is equally exciting. With a low crime rate, good schools, and a low cost of living, this property is an excellent investment opportunity. Electricity, water, and a municipal sewer system are all available along the road, making it easy to connect to amenities. The nearest gas station is just a 5-minute drive away, and Anderson, a mid-sized city with plenty of shopping, dining, and entertainment options, can be reached in just 21 minutes.

The serene environment is surrounded by gently rolling hills, with the White River providing a picturesque backdrop for outdoor activities such as fishing and boating. Using a mobile homr or living in an RV is not allowed. Seller financing available!

Purchasing Options:

Seller Financing: $10,000.00. $1,000.00 down and $220.20 a month for 60 months. The total monthly payment includes: $200.20 of principal & interest, $20.00 loan servicing fee, $0.00 property taxes, and $0.00 HOA dues. There are no prepayment penalties!

** Monthly principal & interest of $200.20 based on a financed purchase price of $10,000.00 less the downpayment of $1,000.00 for a net amount financed of $9,000.00 that is payable over 60 of equal installments with an amortized interest rate of 12%.

Discounted Cash Price: $9,000.00.

Nearby Attractions:

Mounds State Park: Located just a short drive from Elwood, Mounds State Park is a beautiful natural area that features several prehistoric earthworks, including a unique group of circular mounds. Visitors can hike the park’s trails, picnic, and fish in the White River.

Anderson Center for the Arts: The Anderson Center for the Arts is a cultural hub located in nearby Anderson, Indiana. The center features rotating exhibits of contemporary art, as well as performances, workshops, and classes for all ages.

Summit Lake State Park: Summit Lake State Park is a popular destination for fishing, swimming, and boating. The park’s 800-acre lake is stocked with a variety of fish, and visitors can rent kayaks, canoes, and paddleboats to explore the water.

Property Details:

NEAREST LARGE CITY: Indianapolis, IN
STATE: Indiana (IN)
COUNTY: Madison
ADDRESS: S 9TH ST, ELWOOD, IN 46036
SIZE: 0.13 Acres
APN(s): 48-04-16-102-089.000-027 / 0 / 0 / 0 / 0 / 0
GPS COORDINATES: 40.27445012,-85.84969303
PROPERTY ELEVATION: 855 feet above sea level
TAXES: No back taxes, approximately $ 0.00 per year total
HOA Dues: Approximately $0.00 per year total
ACCESS: Gravel
ZONING: R2- Residential
SEWER: Municipal Sewer
WATER: City Water
DISTANCE TO ELECTRIC: Along the road -Available
FEMA FLOOD ZONE: No
TERRAIN: Level
CONVEYANCE: Special Warranty Deed
TITLE: Free of Liens and Encumbrances
FSL ID: IN-MAD-TS0359