Available
$59,900(ARV: $200,000)30% of ARV

Madison County, Elwood, IN 46036

4 bd2 ba1,520 sfBuilt 1995

30 days ago

Gross spread$140,100

Description

For more details, Call/Text Lily: [contact details hidden] 4 Bed, 2 Bath, 1,520 SF manufactured home on a 5,270 SF lot with a 2.5-car detached garage. Features include a block/crawlspace foundation in good condition, vinyl windows, good wood siding, city utilities, and a metal roof updated within the last 5–10 years with good gutters. The home offers a value-add opportunity through kitchen, bathroom, flooring, and paint updates, along with replacement of the aging A/C and furnace. Garage needs roof, gutters, trim, and cosmetic work. Great opportunity for an investor seeking a spacious layout with significant cosmetic upside.

$/sqft vs market

This deal$39/sqft
Market median$119/sqft
Difference−67% below

Median of 8 comparable listings matched on ZIP. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms4
Bathrooms2
Square feet1,520
Lot size5,271 sf
Year built1995
ConditionMajor Repair
OccupancyOwner Occupied
ParkingDetached Garage

Systems & condition

Roof age4-10 yrs
HeatingFurnace · 6-10 yrs
Air conditioningCentral AC
FoundationCrawlspace
Foundation conditionExcellent

Self-reported by the seller. Not inspected.

Property information

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