Estimated Value: $245,000 - $256,000
3
Beds
2
Baths
2,052
Sq Ft
$122/Sq Ft
Est. Value
About This Home
This home is located at 203 Kerr Dr, Lapel, IN 46051 and is currently estimated at $249,344, approximately $121 per square foot. 203 Kerr Dr is a home located in Madison County with nearby schools including Lapel Elementary School, Lapel Middle School, and Lapel Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 31, 2025
Sold by
Pearson Heath A and Pearson Kathryn L
Bought by
Pearson Heath A and Pearson Kathryn L
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,740
Outstanding Balance
$171,740
Interest Rate
6.34%
Mortgage Type
New Conventional
Estimated Equity
$77,604
Purchase Details
Closed on
Nov 19, 2008
Sold by
Bank Of New York
Bought by
Pearson Heath A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,918
Interest Rate
6.06%
Mortgage Type
FHA
Purchase Details
Closed on
May 20, 2005
Sold by
Nivens Jeremy
Bought by
Meyers Scott and Smith Meyers Michelle D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,750
Interest Rate
9.24%
Mortgage Type
Adjustable Rate Mortgage/ARM
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pearson Heath A | -- | None Listed On Document | |
| Pearson Heath A | $69,500 | -- | |
| Meyers Scott | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pearson Heath A | $171,740 | |
| Previous Owner | Pearson Heath A | $70,918 | |
| Previous Owner | Meyers Scott | $118,750 |
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 | $1,577 | $157,700 | $22,600 | $135,100 |
| 2024 | $1,577 | $157,700 | $22,600 | $135,100 |
| 2023 | $1,448 | $144,200 | $21,500 | $122,700 |
| 2022 | $1,445 | $144,800 | $17,300 | $127,500 |
| 2021 | $1,437 | $144,000 | $17,300 | $126,700 |
| 2020 | $1,373 | $137,600 | $16,500 | $121,100 |
| 2019 | $1,338 | $134,100 | $16,500 | $117,600 |
| 2018 | $1,237 | $123,100 | $16,500 | $106,600 |
| 2017 | $1,221 | $121,500 | $16,500 | $105,000 |
| 2016 | $1,251 | $124,500 | $16,500 | $108,000 |
| 2014 | $979 | $95,700 | $16,500 | $79,200 |
| 2013 | $979 | $95,800 | $16,500 | $79,300 |
Source: Public Records
Map
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