Exclusive 3-Acre Auction Opportunity in Elwood, Indiana
Have you been waiting for the perfect chance to own a versatile country property with space to breathe, work, and grow? The Collis Property offers just that—a rare opportunity to acquire a 3-acre homestead in Elwood, Indiana, featuring residential living space, multiple outbuildings, and development potential.
Offered through a private auction on November 24, 2025, at 4:00 PM.
With its Midwestern charm, mature land, and practical layout, this property is ideal for:
First-time buyers ready to build equity
Investors seeking value and upside potential
Hobby farmers or rural entrepreneurs
Anyone needing storage, workspace, or a workshop environment
This isn’t just a home—it’s an opportunity to live, build, and shape your own story.
Property Overview
Location: Elwood, IN (Subdivision: 500 Park Residences)
Auction Date: November 24, 2025, 4:00 PM
Reference Name: Collis
Lot Size: 3.00 Acres
Home Size: 1,274 Sq Ft (built 1952)
Bedrooms/Bathrooms: 3 Bed / 1 Full Bath
Garage: 1-car attached + detached garage (1969)
Outbuildings: Pole Barn (1979) + Detached Garage
Price per Sq Ft: $8 (remarkable value for land + structures)
Parcel Number: 480232300004000008
No HOA or deed restrictions
Days on Market: 8 (as of Oct 20, 2025)
Home Details
Built in 1952, this classic mid-century A-frame residence offers 1,274 sq ft of single-level living space with a functional layout and attached garage. While updates are needed, the home provides a strong foundation for renovation, investment, or personal customization.
Highlights:
3 Bedrooms, 1 Full Bath
Attic Access (unfinished)
No Basement
“Other” Heating/Cooling (buyer to verify systems)
No Appliances (blank canvas for new owner)
Modest room sizes with potential for open-concept renovation
Room Dimensions (Approximate):
Primary Bedroom – 10×10 | Bedroom 2 – 10×10 | Bedroom 3 – 10×10
Living Room – 10×10 | Kitchen – 10×10 | Dining Area – 5×5 | Laundry Nook – 2×2
Outbuildings & Workspace
A major advantage of the Collis Property is its over 2,200 sq ft of additional building space, perfect for storage, projects, or small business use.
Detached Garage (1969):
24′ x 40′ (960 sq ft)
Great for parking, storage, or workshop conversion
Pole Barn (1979):
32′ x 40′ x 12′ (1,280 sq ft)
Ideal for equipment, machinery, animals, or creative workspace
Both structures appear solid and offer excellent flexibility for hobbyists, collectors, or tradespeople.
Land & Location
Set on 3 open acres, the land provides the perfect balance between privacy and accessibility. Whether your plans include gardening, livestock, expansion, or new construction, this property offers the room to make it happen.
Lot Details:
Approx. 130,680 sq ft (3 Acres)
Mostly level terrain
Zoning: Residential (buyer to verify intended use)
Water: Listed as “Other” – buyer to confirm supply source
Ample space for gardens, solar panels, additions, or home-based businesses
About the Area
Located in Elwood, Indiana, this property sits within a friendly, rural community known for its affordability and small-town charm. Enjoy:
Convenient access to local schools, shops, and parks (5–10 minutes)
Easy commutes to Anderson, Noblesville, and Muncie
Short drives to major highways leading to Indianapolis or Kokomo
Nearby recreation such as lakes, walking trails, and public lands
Elwood continues to attract buyers seeking affordable acreage and flexible living opportunities—especially properties with infrastructure already in place.
Auction Details
Date: Monday, November 24, 2025
Time: Begins at 4:00 PM (sharp)
Location: Provided upon registration (pre-approval required)
Reference: Collis
Parcel ID: 480232300004000008
This private auction means no public listing price. Final sale price will be determined by competitive bidding. All bidders must be pre-approved and may be required to provide proof of funds or financing.
Final Thoughts
The Collis Property is a rare find—3 acres of usable land, a classic home ready for improvement, and multiple outbuildings offering unlimited flexibility. Whether you’re looking for a rural retreat, a hands-on investment, or a space to launch your next project, this auction is worth your attention.
Invest in freedom, land, and potential—not just square footage.
Register today for a private showing or to participate in the auction.
Pre-approval required for all bidders.
Contact us for complete terms, property disclosures, and auction instructions.
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