About this lease-to-own property in Elwood, IN 46036. This single family home has been placed as a lease-to-own property by the current owner. This 2 bed, 1 bath single family home in Elwood is a rent-to-own property. This means that the owner is allowing individuals to move-in and rent the single family home without the need of a mortgage, with the option to buy later at a fair market price. This Elwood lease to own property is in the zip code of 46036 and is part of the Oakland Elementary School school district. Local stores and restaurants include Ricker's and China Town. For more information about the neighborhood, demographics, sales history and property details please scroll down. To view the price, or to contact the owner schedule a viewing of this 2 bed, 1 bath lease-to-own property in Elwood, IN 46036. Please register for full access to all of our available data including detailed maps, sales history, market value and more.