Foreclosure for Sale on S 700 E, Elwood, IN 46036

Foreclosures โ€บ Indiana โ€บ Madison โ€บ Elwood โ€บ S 700 E
Pre-foreclosure property at S 700 E, Elwood, IN 46036. 3 bed 3 bath 3,736 sq ft Madison County foreclosure listing.
Pre-foreclosure Active 44 days on market
S 700 E, Elwood, IN 46036
Price TBD
Madison County ยท Indiana
3
Bedrooms
3
Bathrooms
3,736
Sq ft
1949
Year built
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Property details
Listing type Preforeclosure
Property type SingleFamily
Bedrooms 3
Bathrooms 3
Living area 3,736 sq ft
Year built 1949
County Madison County
State Indiana
ZIP 46036
Days on Market 44 days
Listing ID 65746545
About this property

This home in Elwood, IN is in preforeclosure, which means the homeowner is in default (missed payments). Therefore, there could be an opportunity to strike a great deal with the owner and the bank.

๐Ÿ“Š Madison County Market ยท Updated daily
Active Listings
502
Avg. Est. Value
$102,415
Bank-Owned (REO)
97
Pre-Foreclosures
405

71 active foreclosure listings in Elwood, IN.

Browse all Madison County foreclosures โ†’
โ“ Frequently Asked Questions
This is a pre-foreclosure property. The homeowner is behind on mortgage payments but the property has not yet been auctioned. Buyers can negotiate directly with the owner, arrange financing, and conduct a full inspection โ€” often at a price below market value.
Click "View full listing & bid" above to access complete auction details, contact information, and bidding tools through our foreclosure.com partner. You can also work with a licensed real estate attorney or broker familiar with Madison County foreclosures for additional guidance on the purchase process.
There are currently 71 active foreclosure listings in Elwood, IN. Land.net updates foreclosure data daily across all 50 states.
Before buying any foreclosure, research: (1) title history and any liens that may survive the sale, (2) property condition โ€” most foreclosures sell as-is with no repairs, (3) delinquent property taxes which are a senior lien, (4) HOA fees and any delinquent assessments, (5) flood zone status using FEMA maps, and (6) occupancy status โ€” eviction may be required if the property is occupied.
๐ŸŒŠ Flood Zone ยท FEMA NFHL

Check the official FEMA flood map for this property's flood zone designation and risk level.

Check FEMA Flood Map โ†’
๐Ÿฆ Mortgage estimate
Est. monthly payment (P&I + tax + insurance)
โ€”
๐Ÿ“ Location Map ยท Elwood, IN Open in Google Maps โ†’
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๐Ÿ˜๏ธ Neighborhood Profile ยท ZIP 46036 ยท U.S. Census ACS
Population
11,392
Median Age
44.2 yrs
Households
4,569
Median Household Income
$58,081
Median Home Value
$101,100
Median Rent
$789/mo
Owner-Occupied
72% of homes
Vacancy Rate
13% of units
Unemployment Rate
6.5%

~8% of residents hold a bachelor’s degree or higher.

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2022)
๐Ÿซ Schools ยท NCES 2024โ€“25
Schools in ZIP 46036
๐ŸŽ“ High
Elwood Jr-Sr High School
Grades 7โ€“12ยทElwood ZIP 46036

Source: NCES CCD 2024โ€“25 ยท nces.ed.gov

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๐Ÿ“ Nearby Foreclosures
S M St
Elwood, IN 46036
3 bd ยท 1 ba ยท 960 sqft ยท Preforeclosure
S 700 E
Elwood, IN 46036
5 bd ยท 3 ba ยท 2,812 sqft ยท Preforeclosure
Madison Rd
Elwood, IN 46036
3 bd ยท 1 ba ยท 999 sqft ยท Preforeclosure
N Meadowlark Ln
Elwood, IN 46036
3 bd ยท 2 ba ยท 1,762 sqft ยท Preforeclosure
S J St
Elwood, IN 46036
1 bd ยท 1 ba ยท 829 sqft ยท Preforeclosure
View all in ZIP 46036 โ†’
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