9049 W Forest Drive

Elwood, IN
$ 225,000 Beds 4 Baths 2 Sq 1,668
Monthly Estimate* How much can I afford?

Welcome to Forest Hills! This cozy home is tucked away on a desirable lot at the edge of town, offering a great yard and a peaceful neighborhood setting. Inside, the home offers 4 bedrooms and 2 full bathrooms, along with hardwood floors and a welcoming front porch. A versatile dining/bonus room upstairs provides additional space to the main level, while the basement features a second living room area great for entertaining, a fun kids play area, and/or a space for relaxation. Recent updates include newer windows, water heater, roof, and siding. The kitchen features all new stainless steel appliances, while the bathrooms have both been updated with modern finishes. The garage has heating and cooling ability, which adds year-round comfort and functionality, excellent for a workshop! This home is located within the Hamilton Heights school district, with a bus stop just a few miles away. A wonderful opportunity to enjoy space, convenience, and the charm of a quiet neighborhood setting! Forest Hills features a private neighborhood entrance, a small community park with a pond, a convenient access to the nearby golf course, and most importantly no HOA!

Active

  • Price
  • $ 225,000
  • City
  • Elwood
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • MADISON
  • Half Bathrooms
  • 0
  • Area
  • Pipe Creek
  • Lot Size
  • 0.61 Acres
  • Zip
  • 46036
  • Sqr Footage
  • 1,668
  • Year Built
  • 1948
  • Taxes
  • $ 1208
  • Style
  • Ranch
  • MLS#
  • 22128109
Listed By: Shelby Scott with RE/MAX Advanced Realty;
Data Source: MIBOR Broker Listing Cooperative

Features

General

Heating Forced Air,Natural Gas
Cooling Central Air
Possession Negotiable
Appliances Dishwasher,Dryer,Electric Water Heater,MicroHood,Electric Oven,Refrigerator,Washer,Water Softener Owned
Garage Spaces 2
Patio/Porch Features Covered
Architectural Style Ranch
Construction Materials Vinyl Siding
Year Built 1948
Township Pipe Creek
Levels One
Property Subtype Single Family Residence
Tax Year 2025
County Madison
New Construction No
Property Type Residential
HOA No
Subdivision Name Forest Hills
Garage Y/N Yes
Total Rooms 10
Full Baths 2
Status Active
Directions GPS Friendly
City Elwood
High School District Elwood Community School Corp
MLS Area 4804 - Madison - Pipe Creek
Lot Size Square Feet 26702
Elementary School Elwood Elementary School
Property Attached Y/N No
Current Financing Conventional,FHA,VA
Standard Status Active
Tax Lot 1
Legal Description Pt Se 0.6700Acres Str: 21216 Section: Plat: 00 In: Out:

Interior Features

Interior Amenities Paddle Fan,Hi-Speed Internet Availbl,Smart Thermostat
Basement Finished,Walk-Out Access
Basement (Y/N) Yes
Laundry Features In Basement
Total Bedrooms 4
Below Grade Finished Area 804
Main Level Bedrooms 2
LivingAreaSource Appraiser
Total Baths 2

Exterior Features

Parking Features Detached
Water Source Private
Foundation Details Block
Building Area Total 1668
Lot Size Acres 0.61
Waterfront Y/N No
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Greenwood, IN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Elwood Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/25/2026 Listed $225,000

Property vs Zip Code Average in 46036

Price
AVG $180K
$230K
Taxes
AVG $1,109
$1,208
Year Built
AVG 1926
1948

9049 W Forest Drive Elwood, IN is a Single Family Home for sale at $225000 with 1668 sqft and a lot size of 0.61 Acres Acre(s). 9049 W Forest Drive Elwood has 4 bedrooms, 2 baths and was built in 1948. The property's zip code is 46036 which is in Elwood, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.