NOT LISTED FOR SALE

115 S Ford St Lapel, IN 46051

Estimated Value: $103,000 - $166,000

1 Bed
1 Bath
529 Sq Ft
$241/Sq Ft Est. Value

Last Sold October 22, 2019

Last sale price $38,000 $72 Per Sq Ft

Est. 235% increase in value since last sale

Current estimated payment $696/month

511 Days on Market

Highlights

  • 0.48 Acre Lot
  • Bungalow
  • 1-Story Property
  • Eat-In Kitchen

About This Home

As of October 2019

A rare chance for 3 lots in Lapel. Ideal location to build your own dream home with plenty of space, almost half an acre! Also a great investment/development opportunity! Location is at the end of the street, with little traffic, and very quiet neighbors. Lapel school within quick walking distance. Lapel features award winning schools, quiet rural town living, and close proximity to I69, Hamilton Town Center, and Indianapolis. There is a cement block home on one of the lots that could be restored, torn down, . Each lot is 140'x50', seller will not divide at this time. Three lots on east side of road also being listed in separate BLC listing. Seller will pay for survey work to have drainage easement reduced.

Last Agent to Sell the Property

Sean Connolly

Myers Real Estate License #RB14041508 Listed on: 05/10/2018

Last Buyer's Agent

Sean Connolly

Myers Real Estate License #RB14041508 Listed on: 05/10/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $510

Year Built

  • Built in 1946

Lot Details

  • 0.48

Home Design

  • Bungalow
  • Slab Foundation

Interior Spaces

  • 529 Sq Ft Home
  • 1-Story Property
  • Vinyl Clad Windows
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • 0.48 Acre Lot
  • No Water Heater

Listing and Financial Details

  • Assessor Parcel Number 481028403019000032

Home Details

Home Type

Single Family

Est. Annual Taxes

$510

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow/Shotgun
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1946
  • Garage Y N: No
  • Lot Size Acres: 0.48
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: A rare chance for 3 lots in Lapel. Ideal location to build your own dream home with plenty of space, almost half an acre! Also a great investment/development opportunity! Location is at the end of the street, with little traffic, and very quiet neighbors. Lapel school within quick walking distance. Lapel features award winning schools, quiet rural town living, and close proximity to I69, Hamilton Town Center, and Indianapolis. There is a cement block home on one of the lots that could be restored, torn down, . Each lot is 140'x50', seller will not divide at this time. Three lots on east side of road also being listed in separate BLC listing. Seller will pay for survey work to have drainage easement reduced.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Windows Vinyl
  • Living Area: 529
  • Other Equipment: Not Applicable
  • Room Count: 2
  • Eating Area: None
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 529
  • Main Level Sq Ft: 529
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 529
  • Kitchen Features: Kitchen Eat In
  • Below Grade Sq Ft: 0
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Block
  • Disclosures: Not Applicable
  • Foundation Details: Slab
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: No Fuel Source
  • Garage Parking Description: None

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Heating: None
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: No Water Heater

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 481028403019000032
  • Acres: 1/4-1/2 Acre
  • Lot Number: 18,19,20
  • Lot Size: 21000

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 510
  • Semi Annual Property Tax Amt: 255
  • Tax Exemption: None

MLS Schools

  • School District: Frankton-Lapel Community
  • Schools: Lapel Elementary,Lapel High,Lapel Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2022
Sold by
Jane Bannon Melissa
Bought by
Bannon Peyton and Bannon Melissa Jane
Current Estimated Value
$127,474

Purchase Details

Closed on
Nov 16, 2020
Sold by
Perry Josh and Petty Rebecca
Bought by
Bannon Melissa Jane
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bannon Peyton -- None Listed On Document
Bannon Melissa Jane -- Fidelity National Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2019 10/22/19 Sold $38,000 -10.6% $72 / Sq Ft
10/04/2019 10/04/19 Pending -- -- --
09/20/2019 09/20/19 For Sale $42,500 0.0% $80 / Sq Ft
07/18/2019 07/18/19 Pending -- -- --
07/08/2019 07/08/19 Price Changed $42,500 -5.6% $80 / Sq Ft
05/18/2019 05/18/19 For Sale $45,000 +18.4% $85 / Sq Ft
05/17/2019 05/17/19 Off Market $38,000 -- --
04/15/2019 04/15/19 Price Changed $45,000 -10.0% $85 / Sq Ft
10/31/2018 10/31/18 Price Changed $50,000 -9.1% $95 / Sq Ft
07/17/2018 07/17/18 For Sale $55,000 0.0% $104 / Sq Ft
05/11/2018 05/11/18 Pending -- -- --
05/10/2018 05/10/18 For Sale $55,000 -- $104 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $364 $53,900 $7,300 $46,600
2024 $364 $53,900 $7,300 $46,600
2023 $342 $49,200 $6,900 $42,300
2022 $836 $41,800 $6,500 $35,300
2021 $780 $39,000 $6,500 $32,500
2020 $161 $19,100 $6,200 $12,900
2019 $148 $18,700 $6,200 $12,500
2018 $350 $17,500 $6,200 $11,300
2017 $350 $17,500 $6,200 $11,300
2016 $394 $19,700 $6,200 $13,500
2014 $464 $23,200 $6,200 $17,000
2013 $464 $23,200 $6,200 $17,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21565609

MIBOR Broker Listing Cooperative®

APN: 48-10-28-403-019.000-032