Discover Adventure in Elwood, IN!


$300.28 for 60 months w/ $1,400.00 down payment

Reservation Process: If you are interested in reserving this parcel, please choose a reservation method (cash or seller financing) and then click “Reserve Now” button. You will be redirected to our payment page to make the reservation payment of $199 and submit your contact information for the contracts. 

Please visit our frequently asked questions page if you would like more information about the purchasing process!


Look no further than this 0.18-acre lot in Elwood, IN. With popular attractions like the Indianapolis Motor Speedway and the Children’s Museum of Indianapolis just a short drive away, you’ll never be bored. And with city water and municipal sewer available and electricity is just along the road. Property is zoned Residential.

Located in a primarily residential area. Just a short drive away, you’ll find several parks, golf courses, and local restaurants. The nearest gas station is just a 5-minute drive away, and the nearest mid-sized city, Anderson, is just 20 minutes away.

Explore ancient Native American earthworks, and Indiana Dunes National Park, with miles of beaches, sand dunes, and hiking trails. No flood zone or wetlands on the property. Using a mobile home or living in an RV is not allowed. Owner Financing available.

Purchasing Options:

Seller Financing: $14,000.00. $1,400.00 down and $300.28 a month for 60 months. The total monthly payment includes: $280.28 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 $280.28 based on a financed purchase price of $14,000.00 less the downpayment of $1,400.00 for a net amount financed of $12,600.00 that is payable over 60 of equal installments with an amortized interest rate of 12%.

Discounted Cash Price: $13,000.00.

Nearby Attractions:

Indiana Dunes National Park – Just an hour north of the property, Indiana Dunes National Park is a stunning natural area with miles of beaches, sand dunes, and hiking trails. Visitors can swim in Lake Michigan, hike the dunes, and explore the park’s diverse ecosystems.

Mounds State Park – Located just 20 minutes from the property, Mounds State Park is home to several ancient Native American earthworks, including the Great Mound, which stands 9 feet tall and 60 feet in diameter. Visitors can hike the trails, fish in the river, and picnic in the park.

The Children’s Museum of Indianapolis – Ranked as one of the best children’s museums in the world, the Children’s Museum of Indianapolis is a must-see for families. With over 120,000 square feet of exhibit space, the museum offers hands-on learning opportunities in science, history, and the arts.

Property Details:

STATE: Indiana (IN)
COUNTY: Madison
SIZE: 0.18 Acres
APN(s): 48-04-16-102-088.000-027 / 0 / 0 / 0 / 0 / 0
GPS COORDINATES: 40.27445062,-85.84948026
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
TERRAIN: Level to sloping
CONVEYANCE: Special Warranty Deed
TITLE: Free of Liens and Encumbrances


YouTube video



Google Maps Pin: This pin will allow you to use Google Maps to generate directions from anywhere in the world. Please click the button to use the pin.

MapRight Mobile Link: This link will allow you to use the free MapRight app to allow you to see the property boundaries using your phones GPS while on site. 

The Fine Print

Any property information (including, but not limited to, all real property images, descriptions, pricing, locations and availability; hereinafter referred to as “Real Estate Information”) made available by or through this website is provided solely for informational purposes and is not guaranteed or warranted by Find Some Land LLC. Find Some Land LLC believes the Real Estate Information to be accurate and complete; however it is subject to change and/or correction without notice. 

All information regarding the real estate advertised herein has been assembled through various sources and independent investigation should be conducted by all prospective buyers. Please verify all Real Estate Information through public records available through the County Clerk or Registrar in the county where the property is located. Buyer is responsible for conducting due diligence.

If purchasing with seller financing, the contract for deed stipulates that the property all improvements to the property must be approved in writing.  Please feel free to contact us if this is an issue for you so that we can discuss your specific situation and plans. The approval can and will be provided at the same time as the contract documents.


Share this Property

Do you have a question?

Do you have questions? Our Frequently Asked Questions has answers!

Did you have a chance to Read Our Blog?

Shopping Cart