Auction Date: Monday, November 24, 2025
Time: 4:00 PM
Reference Name: Collis
Location: Elwood, Indiana (details provided upon request)
Discover a rare opportunity to own a versatile 3-acre property in Elwood, Indiana, combining country charm with development potential. The Collis Property offers a mix of residential living space, functional outbuildings, and land—perfect for homeowners, hobby farmers, or investors looking for flexible use.
Property Overview
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Lot Size: 3.00 Acres (~130,680 sq ft)
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Home Size: 1,274 Sq Ft (built 1952)
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Bedrooms/Bathrooms: 3 Bedrooms | 1 Full Bath
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Garage: 1-Car Attached (1952) + Detached Garage (1969)
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Outbuildings: Pole Barn (1979) + Detached Garage
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Price/Sq Ft: $8 (based on land + structures)
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Parcel ID: 480232300004000008
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HOA/Restrictions: None
This single-story A-frame residence provides a solid structural foundation, ready for updates or full customization. With 1,274 square feet of living space, it features a functional floor plan including 3 bedrooms, 1 bath, a kitchen, living room, dining area, and laundry nook. The home’s attic provides additional storage potential.
Residential Features & Interior Highlights
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Stories: Single-level ranch layout
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Room Dimensions (approx.):
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Bedrooms: 10×10 each
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Living Room: 10×10
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Kitchen: 10×10
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Dining: 5×5
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Laundry Nook: 2×2
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Basement: None
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Heating/Cooling: “Other” – Buyer to verify
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Appliances: None included
The home provides a blank canvas for renovation, DIY projects, or modern updates while maintaining its classic mid-century character.
Outbuildings & Workshop Potential
Detached Garage (1969): 24′ x 40′ (960 sq ft)
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Ideal for storage, parking, or a personal workshop
Pole Barn (1979): 32′ x 40′ x 12′ (1,280 sq ft)
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Perfect for machinery, vehicle storage, animals, or conversion into workspace
With over 2,200 sq ft of additional structures, this property offers tremendous value and flexibility for hobby farming, small business ventures, or recreational use.
Land & Lot Features
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Topography: Mostly level with gentle grading
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Zoning: Residential – verify future use with local authorities
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Utilities: Water “Other” – buyer to confirm connection options
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Potential Uses: Gardening, livestock, solar panels, home expansions, greenhouses, or home-based businesses
This 3-acre parcel provides privacy while remaining conveniently close to local amenities, offering the perfect balance of country living and accessibility.
Community & Location Advantages
Located in Elwood, Indiana, a quiet town known for small-town charm, affordability, and community pride, this property is near:
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Schools, grocery stores, and parks (5–10 minutes away)
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Larger cities including Anderson, Noblesville, and Muncie
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Easy commuting access to Indianapolis or Kokomo via highways and interstates
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Local recreational areas including lakes, trails, and public lands
The area is increasingly popular among buyers seeking affordable land, multi-use properties, and rural-urban edge living.
Auction Information
This property will be sold at a private auction, providing an exciting opportunity for buyers to acquire a flexible 3-acre homestead:
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Date: Monday, November 24, 2025
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Time: 4:00 PM
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Reference Name: Collis
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Parcel ID: 480232300004000008
Important Notes:
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No prior listing price published; sale price determined by bidding activity
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Pre-registration and bidder approval required
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Proof of funds or financing may be requested
Why the Collis Property Stands Out
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Turnkey potential: Solid home structure with room for modernization
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Extra space: Over 2,200 sq ft of outbuildings for storage, workshops, or small business use
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Rural flexibility: Plenty of land for hobbies, gardening, animals, or expansion
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Investment value: Ideal for first-time homeowners, hobby farmers, or investors
Whether you’re dreaming of country living, starting a small business, or creating your ideal homestead, the Collis Property offers land, buildings, and opportunity all in one package.
Schedule a Private Showing or Register for Auction
Private showings are available prior to the auction. All bidders must be pre-approved. Contact us today for:
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Full auction terms
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Bidding instructions
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Property reports
Don’t miss this rare chance to own a 3-acre property in Elwood, Indiana, where you can live, work, and grow.
From Zillow