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Single Family ResidenceResidential
$114,921$126 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 80How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026

1515 S R ST

ELWOOD, IN 46036
2
Beds
1
Baths
910 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.12 ac
Lot SizeThe size of the land the home sits on, from county records.
1949
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
5
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$115K
$92K low$138K high
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$114,921
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$91,937

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$275 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$61,300 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$7,900
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$53,400
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$59,100
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$61,300

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.41
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
12
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
71
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
82
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
42
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyMADISON
Lot (acres)The size of the land the home sits on, from county records.0.12
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.No Foundation
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Central
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Shed · 120 ft²Patio · 200 ft²Porch · 338 ft²

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Elwood Elementary School
Elementary · Grades PK–2 · 1.7 mi
M
Elwood Jr-Sr High SchoolC
Middle · Grades 7–12 · 2.0 mi

District: Elwood Community School Corporation

Neighborhood · ZIP 46036These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.127
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.121
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.34

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.89%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.7.5%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.12%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.4%
PopulationHow many people live in this area.11,328
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.145 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$62,115
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$74,729
Average tempThe average temperature here across a full year.51°F
Annual precipHow much rain and melted snow falls here in a typical year.40 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.55%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

1515 S R St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 73% of homes in Madison County
  • Costs more per square foot than 75% of homes in Elwood 46036
  • Smaller than 92% of homes in Elwood 46036
  • Has a smaller lot than 87% of homes in Madison County
  • Older than 68% of homes in Madison County

What homes are worth in Elwood 46036

Each bar is how many homes fall in that price range. The marker is this home.

This home
$57K$393K

This home is worth more than 29% of homes in Elwood 46036.

How it measures up in Elwood 46036

The dot is this home. The mark in the middle is the typical home in Elwood 46036.

Estimated value$114,921
CheaperTypical $146,375Pricier

Pricier than 29% of homes nearby

Price per ft²$126
CheaperTypical $100Pricier

Pricier than 75% of homes nearby

Living area910 ft²
SmallerTypical 1,472 ft²Bigger

Bigger than 8% of homes nearby

Lot size0.12 ac
SmallerTypical 0.17 acBigger

Bigger than 20% of homes nearby

Year built1949
OlderTypical 1951Newer

Newer than 45% of homes nearby

How 1515 S R St ranks against every home in each area.
MeasureThis homeElwood 46036Madison County
Estimated valuepricier than$114,92129% of homes27% of homes
Price per ft²pricier than$12675% of homes56% of homes
Living areabigger than910 ft²8% of homes10% of homes
Lot sizebigger than0.12 ac20% of homes13% of homes
Year builtnewer than194945% of homes32% of homes

About 1515 S R St

How much is 1515 S R St, Elwood, IN worth?

The TopHap Estimate for 1515 S R St, Elwood, IN is $114,921 as of Jul 14, 2026. The likely range is $91,907 to $137,935. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1515 S R St, Elwood, IN last sell?

1515 S R St, Elwood, IN last sold on Jan 8, 2020, according to the county's recorded deed.

How big is 1515 S R St, Elwood, IN?

1515 S R St, Elwood, IN has 2 bedrooms, 1 bathrooms, 910 square feet of living space and a 0.12-acre lot.

When was 1515 S R St, Elwood, IN built?

1515 S R St, Elwood, IN was built in 1949, making it 77 years old. The building has 1 story.

What schools serve 1515 S R St, Elwood, IN?

1515 S R St, Elwood, IN is assigned to Elwood Elementary School (elementary); Elwood Jr-Sr High School (middle), rated C. All sit in Elwood Community School Corporation. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1515 S R St, Elwood, IN compare to other homes in Elwood 46036?

Among the 5,370 homes in Elwood 46036, it is worth more than 29% of them ($114,921 against a typical $146,375), its price per square foot is higher than 75% of them ($126 against a typical $100), it is bigger than 8% of them (910 ft² against a typical 1,472 ft²), its lot is bigger than 20% of them (0.12 ac against a typical 0.17 ac) and it is newer than 45% of them (1949 against a typical 1951). Measured against all of Madison County, it is worth more than 27% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1515 S R St, Elwood, IN?

The 2025 property tax bill for 1515 S R St, Elwood, IN was $275. The county assessed it at $61,300.

Closest homes

More homes in Elwood 46036

Assigned schools

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