1403 Madison Rd

1,938 Sq. Ft.
$85 / Sq. Ft.
1,938
Sq. Ft.
$85
per Sq. Ft.

Description

Motivated Seller wants to Welcome you home to this Single-Story charming 3 bedroom, 1 bath ranch situated on a spacious lot in Elwood. With nearly 2,000 square feet of living space, this home offers plenty of room to spread out and make it your own. It comes with a washer, dryer, refrigerator, dishwasher, stove, microwave. Kitchen cabinets were recently replaced, along with furnace and central air. Kitchen and bedrooms freshly painted, and carpets professionally cleaned. There is a separate entrance...Motivated Seller wants to Welcome you home to this Single-Story charming 3 bedroom, 1 bath ranch situated on a spacious lot in Elwood. With nearly 2,000 square feet of living space, this home offers plenty of room to spread out and make it your own. It comes with a washer, dryer, refrigerator, dishwasher, stove, microwave. Kitchen cabinets were recently replaced, along with furnace and central air. Kitchen and bedrooms freshly painted, and carpets professionally cleaned. There is a separate entrance door to create a perfect home office, hobby room, or play space. Outside, the large backyard offers plenty of space for gardening, outdoor activities, pets, or simply relaxing. It has a spacious patio, and it is adorned with several types of plants and flowers. There is a long driveway, storage shed on cement. The home exterior is brick and vinyl with updated roof and windows. 1403 Madison Rd presents a great opportunity to create a space that truly feels like home.
  1. Listed by Terry Sheets • Jeff Boone Realty, LLC
    P: (765)-779-4000 C: (765)-810-5351 TLSHEETS61@GMAIL.COM
  2. Listed by Jacob Waters • Jeff Boone Realty, LLC
    P: (765)-215-0599 jake@jeffboonerealty.com

Property Details for 1403 Madison Road

Architectural Style
Ranch
Subdivision Name
No Subdivision
Township
Pipe Creek
Waterfront
No
LISTING UPDATED: 07/04/2026 06:03 PM

Property Details for 1403 Madison Road

StatusActive
MLS #22093388
Days on Market106
Taxes$139 semi-annually
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1958
Lot Size0.28 AC / 12,196 SF
CountyMadison County

Location

Listing Courtesy of Jeff Boone Realty, LLC
Add your commute

Building Information for 1403 Madison Road

Stories-Year Built1958Building Size-Lot Size0.28 AC / 12,196 SF

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$845 per month

30 year fixed, 6.36% Interest

Principal and Interest

$822

Property Taxes

$23

HOA Dues

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Property Information for 1403 Madison Road

Summary
Location and General Information
  • City: Elwood
  • County Or Parish: Madison
  • Directions: GPS Friendly
  • Postal Code: 46036
  • Postal Code Plus4: 3225
  • State Or Province: IN
  • View: No
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 480421100032000027
  • Semi Annual Property Tax Amt: 139
  • Tax Exemption: Homestead Tax Exemption
  • Tax Year: 2024
  • TaxLot: 480421100032000027
School Information
  • Elementary School: Elwood Elementary School
  • School District: Elwood Community School Corp
Parking
  • Garage YN: No
Property
Lot Information
  • Acreage: 1/4-1/2 Acre
  • Lot Size Square Feet: 12110.0
  • Lot Size Acres: 0.28
  • Main Level SqFt: 1938
  • New Construction: False
  • Living SqFt: 0.0
  • Sqft Total: 1938.0
  • Sq Ft Total: 1938.0
  • Year Built Numeric: 1958
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: Yes
  • Inspection Warranties: See Remarks
  • Legal Subdivision: Ne Ne 0.2780Acres Str: 21216 Section: Plat: 00 In: Out:
  • Photos Count: 24
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
Utilities
  • Electric: Circuit Breakers
  • Solid Waste: No
  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick, Vinyl With Brick
  • Foundation Details: Slab
  • Pool Private: No
  • Horse Amenities: None
Interior Features
  • Accessibility Features: No
  • Appliances: Dishwasher, Dryer, Gas Water Heater, MicroHood, Gas Oven, Refrigerator, Washer
  • Areas Interior: Laundry in Unit,Utility Room
  • Basement YN: No
  • Cooling: Central Air
  • Eating Area: Dining Combo/Kitchen
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces Total: 1
  • Heating: Forced Air, Natural Gas
  • Interior Features: Attic Access, Cathedral Ceiling(s), Eat-in Kitchen
  • Levels: One
  • Kitchen Features: Kitchen Some Updates
  • Room List: Living Room, Dining Room, Kitchen, Laundry, Primary Bedroom, Bedroom 2, Bedroom 3, Office
  • Room and Features: Living Room-Main, Dining Room-Main-Tile-Ceramic, Kitchen-Main-Tile-Ceramic, Laundry-Main-Other, Primary Bedroom-Main, Bedroom 2-Main, Bedroom 3-Main, Office-Main
  • Spa: No
  • Main Level Bedrooms: 3
  • Laundry Features: Main Level
  • Num Bedrooms Upper: 0
  • Num Bedrooms Basement: 0
  • Rooms Basement: 0
Room Information
Room Information
  • Rooms MU: 8
  • Rooms Total MU: 8
  • Total Rooms: 8
Room 1
  • Room Level: Main
  • Room Dimensions: 29X14
  • Room Type: Living Room
Room 2
  • Room Level: Main
  • Room Dimensions: 15X14
  • Room Features: Tile-Ceramic
  • Room Type: Dining Room
Room 3
  • Room Level: Main
  • Room Dimensions: 15X14
  • Room Features: Tile-Ceramic
  • Room Type: Kitchen
Room 4
  • Room Level: Main
  • Room Dimensions: 8X6
  • Room Features: Other
  • Room Type: Laundry
Room 5
  • Room Level: Main
  • Room Dimensions: 14X10
  • Room Type: Primary Bedroom
Room 6
  • Room Level: Main
  • Room Dimensions: 12X10
  • Room Type: Bedroom 2
Room 7
  • Room Level: Main
  • Room Dimensions: 12X10
  • Room Type: Bedroom 3
Room 8
  • Room Level: Main
  • Room Dimensions: 14X10
  • Room Type: Office
Bathrooms
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total Count: 1
  • Full Baths Basement: 0
  • Full Baths Main: 1
  • Full Baths MU: 1
  • Full Baths Upper: 0
  • Half Baths Basement: 0
  • Half Baths Main: 0
  • Half Baths MU: 0
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 3
  • Bedrooms MU: 3
  • Bedrooms Total: 3

Property History for 1403 Madison Road

DateEvent & SourcePriceAppreciation
Jun 23, 2026

Price Change

MIBORMLS #22093388

$164,900—
May 15, 2026

Price Change

MIBORMLS #22093388

$169,900—
Apr 6, 2026

Listed (Active)

MIBORMLS #22093388

$180,000—
DateEvent & SourcePrice
06/23/2026

Price Change

MIBORMLS #22093388

$164,900
05/15/2026

Price Change

MIBORMLS #22093388

$169,900
04/06/2026

Listed (Active)

MIBORMLS #22093388

$180,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1403 Madison Road

Taxable ValueLand$16,400Additions$80,100Total$96,500
Tax Record2024$279 ($23 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,938 SqFtAbove Grade Finished SqFt1,938 SqFtStories1Lot Size12,110 SqFtStyleSingle Family ResidenceYear Built1958CountyMADISONAPN48-04-21-100-032.000-027

Schools near 1403 Madison Road

This home is within Elwood Community School Corp.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 6
Public - 7 to 12
Public - 6 to 12
Rating
School
Distance
Elwood Elementary School
PublicPK to 2

Elwood Intermediate School
Public3 to 6

Elwood Junior-Senior High School
Public7 to 12

John H Hinds Career Center
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

1403 Madison Road is a single family home for sale in Elwood, IN 46036. This property was listed for sale on April 6, 2026 by Jeff Boone Realty, LLC, it's currently listed at $164,900. This listing's school district is Elwood Community School Corp. Nearby schools include Elwood Elementary School, Elwood Intermediate School and Elwood Junior-Senior High School. 1403 Madison Road is a 3-bed, 1-bath, 1,938 sqft single family home built in 1958.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Jeff Boone Realty, LLC

Based on information submitted to the MLS GRID as of 07/04/2026 06:03 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.