$59,900

226 W 1st Rd Lapaz, IN 46537

Estimated payment $402/month

Total Views 742
3 Beds
1 Bath
1,330 Sq Ft
$45 Price per Sq Ft

Highlights

  • 2 Car Attached Garage
  • Laundry Room
  • Forced Air Heating System

About This Home

Investor Alert! Check out this great low price home with tons of upside potential. After a rehab this would make a great home to live in, flip it, or rental to add to your portfolio. Massive attached 30'X50' garage- perfect for hobbies, storage, shop space- you name it! Has loft for additional space. Main floor has living room, kitchen, 2 bedrooms, laundry, & bathroom. Upstairs offers large additional bedroom or chop it up into a few rooms. Seller has very little info, never lived in home, and has not owned long. Highest & best offers will be reviewed 5pm Monday 4/20/26. Seller will only consider cash, AS-IS offers from buyers ready to close quickly. Buyer/buyer's agent to verify room dimensions, SF, zoning, utilities & schools.

Listing Agent

Brad Beer

Heart City Realty LLC Brokerage Phone: 574-596-0376 Listed on: 04/09/2026

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1917

Lot Details

  • 20,909 Sq Ft Lot
  • Lot Dimensions are 150x137
  • Property is zoned R1

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof

Interior Spaces

  • 1.5-Story Property
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Suburban Location

Schools

  • Laville Elementary School
  • Laville Jr/Sr Middle School
  • Laville Jr/Sr High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 50-52-94-304-024.000-010

Home Details

Home Type

Single Family

Year Built

Built in 1917

Lot Details

0.48 Acres

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1917
  • Style: One and Half Story
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: LOTS 20 21 22 23 24 25 FAIRVIEW ADD COMB FORM COMB 20 21 22 23 25 W/24 18PAY19
  • Parcel Number ID: 50-52-94-304-024.000-010
  • Platted: Yes
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2286
  • Total Finished Sq Ft: 1330
  • Above Grade Finished Sq Ft: 1330
  • Below Grade Sq Ft: 956
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Living Great Room: Dimensions: 13x15, On Level: Main
  • Kitchen: Dimensions: 13x13, On Level: Main
  • Bedroom 1: Dimensions: 12x20, On Level: Upper
  • Bedroom 2: Dimensions: 12x13, On Level: Main
  • Bedroom 3: Dimensions: 9x11, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 956

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Shingle
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 30x50
  • Garage: Yes

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: Well
  • Well Type: Private

Schools

  • Elementary School: Laville

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 150X137
  • Estimated Lot Sq Ft: 20909
  • Estimated Lot Size Acres: 0.48

Tax Info

  • Annual Taxes: 2243

MLS Schools

  • High School: Laville Jr/Sr
  • Middle School: Laville Jr/Sr
  • School District: Union-North United School Corp.

Map

Range of Values:

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Value Increase
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List Price
Sold Price
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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 $987 $110,300 $12,400 $97,900
2024 $759 $100,600 $13,900 $86,700
2022 $759 $93,600 $12,700 $80,900
2021 $555 $81,500 $11,700 $69,800
2020 $510 $79,000 $11,200 $67,800
2019 $478 $76,700 $10,900 $65,800
2018 $467 $73,500 $10,900 $62,600
2017 $337 $63,200 $1,800 $61,400
2016 $306 $63,200 $1,800 $61,400
2014 $309 $62,800 $1,800 $61,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2026 04/09/26 For Sale $59,900 -- $45 / Sq Ft
Source: Indiana Regional MLS

Source: Indiana Regional MLS

MLS Number: 202612275

Indiana Regional MLS

APN: 50-52-94-304-024.000-010

Indiana Marshall County 46536

226 W 1st Rd, IN

For Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Based on information submitted to the MLS GRID

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Brad Beer
Listing Agent
Brad Beer
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Heart City Realty LLC
(574) 601-3790
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