Residential Land for Sale in Elwood, Indiana

VACANT LOT WITH ALLEY ACCESS, READY-BUILD CONCEPT HOME INCLUDED Vacant 40' x 147' lot with rear alley access, ideal for new construction. Conceptual plans and renderings are included to illustrate one possible build option: a two-story, shotgun-style home with 3 bedrooms, 2.5 baths, open-concept living, and a rear-entry garage located directly behind the house, accessed from the alley. The sample design is approximately 26' wide, allowing for proper side setbacks, and approximately 58' deep, with a rear patio/courtyard and garage placement that maximizes curb appeal and eliminates front or side driveways. No home is currently under construction. Plans, renderings, and pricing are conceptual and provided for visualization purposes only. The lot is sold separately. Buyer will bring their own builder or request builder recommendations. All designs are subject to zoning and permitting approval. Double Your Vision: The owner of this parcel also owns the adjacent lot (Parcel ID: 48-04-09-104-049.000-027). These two side-by-side properties are being offered separately or together, providing a rare chance to secure a double lot in the Mapleton subdivision. * Total Combined Frontage: 80 feet * Total Combined Depth: 147 feet * Total Acreage: Approximately 0.27 acres By purchasing both Lot 41 and Lot 42, you gain the space necessary for a sprawling luxury residence, an expansive multi-car workshop, or a large private garden and outdoor entertaining area.