NOT LISTED FOR SALE

203 Busby Rd Lapel, IN 46051

Estimated Value: $182,000 - $202,000

3 Beds
1 Bath
1,040 Sq Ft
$183/Sq Ft Est. Value

Last Sold December 18, 2023

Last sale price $180,000 $173 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,124/month

18 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Attached Garage
  • Shed
  • No HOA
  • Woodwork
  • Fire Pit

About This Home

As of December 2023

GREAT RANCH HOME in Lapel! Three bedrooms, one bath! Comfortable and super clean home on an attractive lot! Newly fenced-in backyard--inviting, and ready for both privacy and for entertainment! Freshly painted throughout! Updated bathroom! Newer vinyl flooring throughout! HVAC, water heater, washer/dryer ALL less than four years old! Quiet neighborhood in small town, yet close and accessible to EVERYTHING!! And NO HOA! Take a look at the Virtual Tour at TourFactory link and schedule your appointment!

Last Listed By

Michele Rinehart

The Michele Group Brokerage Email: mwillard@myninestar.net License #RB14051911 Listed on: 10/30/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $628

Year Built

  • Built in 1979

Lot Details

  • 7,670 Sq Ft Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,040 Sq Ft Home
  • Woodwork
  • Vinyl Clad Windows
  • Combination Kitchen and Dining Room
  • Pull Down Stairs to Attic

Kitchen

  • Electric Oven
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Fire Pit
  • Shed
  • Storage Shed

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 31-117-63
  • Assessor Parcel Number 481028101080000032

Home Details

Home Type

Single Family

Est. Annual Taxes

$628

Year Built

Built in 1979

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1979
  • Building Area Total: 1040
  • Garage Y N: Yes
  • Lot Size Acres: 0.18
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: mwillard@myninestar.net
  • Attribution Contact: mwillard@myninestar.net
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Appliances: Dryer, Electric Water Heater, Disposal, Microwave, Electric Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Attic Pull Down Stairs, Windows Vinyl, Wood Work Painted
  • Living Area: 1040
  • Main Level Bedrooms: 3
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1040
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Outdoor Fire Pit, Storage Shed
  • Foundation Details: Slab
  • List Price: 185000

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached
  • Garage Sq Ft: 312

Utilities

  • Cooling: Central Electric
  • Heating: Electric, Forced Air
  • Laundry Features: Main Level
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 7670
  • Parcel Number: 481028101080000032
  • Acres: <1/4 Acre
  • Price Acre: 1000000

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 628
  • Tax Lot: 31-117-63
  • Semi Annual Property Tax Amt: 314

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2023
Closed on
Dec 7, 2023
Sold by
Durall Joshua R
Bought by
May Mark R
Seller's Agent
Michele Rinehart
The Michele Group
Buyer's Agent
Jim Rendaci
CENTURY 21 Scheetz
List Price
$190,000
Sold Price
$180,000
Premium/Discount to List
-$10,000
-5.26%
Total Days on Market
18
Views
64
Current Estimated Value
$186,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,862
Avg. Annual Appreciation
4.22%
Original Mortgage
$167,400
Outstanding Balance
$165,316
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$25,253

Purchase Details

Listed on
Dec 16, 2016
Closed on
Mar 24, 2017
Sold by
Laws Sharon Lynn
Bought by
Durall Joshua R
Seller's Agent
Danielle Robinson
F.C. Tucker Company
Buyer's Agent
Christine Boerner
RE/MAX Realty Group
List Price
$99,000
Sold Price
$97,000
Premium/Discount to List
-$2,000
-2.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.61%
Original Mortgage
$95,243
Interest Rate
4.5%
Mortgage Type
FHA

Range of Values:

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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
May Mark R $180,000 First American Title
Durall Joshua R $97,000 Title Service Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open May Mark R $167,400
Previous Owner Durall Joshua R $95,700
Previous Owner Durall Joshua R $95,243
Previous Owner Durall Joshua R $3,395
Previous Owner Laws Sharon Lynne $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2023 12/18/23 Sold $180,000 -2.7% $173 / Sq Ft
11/18/2023 11/18/23 Pending -- -- --
11/09/2023 11/09/23 Price Changed $185,000 -2.6% $178 / Sq Ft
10/30/2023 10/30/23 For Sale $190,000 +95.9% $183 / Sq Ft
03/24/2017 03/24/17 Sold $97,000 -0.8% $93 / Sq Ft
02/18/2017 02/18/17 Pending -- -- --
01/27/2017 01/27/17 Price Changed $97,800 -1.2% $94 / Sq Ft
12/16/2016 12/16/16 For Sale $99,000 -- $95 / 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
2024 $1,051 $110,200 $13,500 $96,700
2023 $546 $77,600 $12,900 $64,700
2022 $629 $77,200 $12,500 $64,700
2021 $564 $71,800 $12,500 $59,300
2020 $483 $68,100 $11,900 $56,200
2019 $471 $70,000 $11,900 $58,100
2018 $467 $64,500 $11,900 $52,600
2017 $433 $63,900 $11,900 $52,000
2016 $227 $63,900 $11,900 $52,000
2014 $577 $66,200 $11,900 $54,300
2013 $577 $66,200 $11,900 $54,300
Source: Public Records

Agents Affiliated with this Home

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 21947873

MIBOR Broker Listing Cooperative®

APN: 48-10-28-101-080.000-032