46036
Elwood, Indiana.
Elwood, Madison County, IN · Indianapolis-Carmel-Anderson, IN metro · population 11,683
to buy the typical home at today's mortgage rate — +$494 (+154%) since Jan 2020.
- 1 year
- Up $8,045 +5%
- $146,906$154,951 since Sep 2025
- 5 years
- Up $37,029 +31%
- $117,922$154,951 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 46036$813
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 13 years.
Typical home values in zip 46036 rose 5.5% over the past year — faster than the nation's +1.2%.
This zip spans 3 counties: Madison County, IN 73% · Tipton County, IN 25% · Grant County, IN 2%
Zillow also publishes an index for the city itself: Elwood, IN — measured over the city limits, which is a different area from this zip.
Typical home value — 46036
Mid-tier homes, smoothed and seasonally adjusted.
- 46036$154,951
- Indianapolis$291,634
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 6.0 | 46063 | Orestes | 229 | — | $115,786 |
| 6.5 | 46044 | Frankton | 2,628 | — | $202,193 |
| 7.2 | 46076 | Windfall | 1,630 | — | $206,801 |
| 9.7 | 46070 | Summitville | 2,100 | — | $184,798 |
| 9.7 | 46001 | Alexandria | 10,375 | $968 | $182,545 |
| 10.9 | 46928 | Fairmount | 4,553 | — | $173,357 |
| 11.1 | 46031 | Atlanta | 2,456 | — | $333,827 |
| 12.3 | 46011 | Anderson | 16,534 | $1,174 | $210,564 |
| 12.5 | 46072 | Tipton | 9,049 | $1,085 | $245,161 |
| 13.2 | 46030 | Arcadia | 3,035 | — | $308,452 |
| 13.6 | 46936 | Greentown | 5,901 | — | $248,691 |
| 13.7 | 46986 | Swayzee | 1,617 | — | $198,390 |
| 14.3 | 46938 | Jonesboro | 2,494 | — | $162,366 |
| 15.0 | 46012 | Anderson | 20,855 | $1,207 | $184,411 |
| 15.6 | 46068 | Sharpsville | 2,538 | — | $267,723 |
| 15.8 | 46034 | Cicero | 7,531 | — | $410,304 |
| 15.9 | 46016 | Anderson | 17,834 | $988 | $80,897 |
| 16.5 | 46051 | Lapel | 2,919 | — | $230,620 |
| 16.7 | 46902 | Kokomo | 37,017 | $1,186 | $200,506 |
| 16.8 | 46060 | Noblesville | 47,610 | $1,696 | $357,765 |
| 17.1 | 47342 | Gaston | 2,710 | — | $203,609 |
| 18.3 | 46933 | Gas City | 6,536 | $1,210 | $159,210 |
| 18.3 | 46953 | Marion | 23,372 | $1,066 | $109,379 |
| 18.4 | 47396 | Yorktown | 7,712 | $1,475 | $255,702 |
| 18.7 | 46957 | Matthews | 443 | — | $126,793 |
| 18.9 | 46013 | Anderson | 19,073 | $1,112 | $176,710 |
| 19.1 | 46987 | Sweetser | 1,055 | — | $188,566 |
| 19.5 | 46017 | Anderson | 5,181 | — | $193,104 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.