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802 S Anderson Street Elwood IN 46036
- 5
- Bedrooms
- 1
- Baths
- N/A
- SQ. Feet
(Above Ground)
- 0.15
- Acres
INVESTOR ALERT! Don't miss this rare opportunity to transform a grand 5-bedroom historic home in the charming city of Elwood. Just blocks from the heart of downtown, this property is bursting with potential and ready for a full gut renovation to bring it back to life. With nearly 3,200 square feet spread across two and a half floors, the layout and space offer endless possibilities for a creative and ambitious buyer. Some demolition work has already been started, and the roof is approximately 6 years old, giving you a head start on the rehab. The home sits on a spacious corner lot, offering plenty of room to add a garage, accessory dwelling unit (ADU), or even explore the potential for additional units (buyer to verify with the city). Whether you're looking to renovate for owner occupancy, create a short-term rental like an Airbnb or a charming bed & breakfast, or even explore commercial conversion given its location on Anderson Rd among several commercial properties-the upside is undeniable. If done right, the after-repair value (ARV) could reach $250K-$300K. This is a cash or hard/private money only sale due to the condition. Sold as-is. Bring your vision and unlock the full potential of this historic gem! Sold As-Is. No wholesalers and no seller financing.
Property Details
Interior Features
- Appliances: None
- Cooling: None
- Heating: Forced Air, Natural Gas
Exterior Features
- Porch: Wrap Around
- # Acres: 0.15
Listing Office: Keller Williams Indpls Metro N
Office Contact: peter@peterstewartrealty.com
Similar Properties To: 802 S Anderson Street, Elwood
Siglers
- MLS® #:
- 22037383
- Provider:
- Exp Realty, Llc
View all similar properties here
All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2025 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.
Listing information last updated on May 13th, 2025 at 2:10pm EDT.
