NOT LISTED FOR SALE

231 W 5th St Lapel, IN 46051

Estimated Value: $207,000 - $224,767

2 Beds
1.5 Baths
1,262 Sq Ft
$169/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $195,000 $155 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,227/month

11 Days on Market

Highlights

  • Mature Trees
  • No HOA
  • 2 Car Attached Garage
  • Ranch Style House
  • Covered Patio or Porch
  • Shed

About This Home

As of September 2023

A great opportunity to own a home in the heart of Lapel. This quality built brick home features 2 bedrooms, 1.5 bathrooms and has over 1,200 square feet featuring a sunroom addition added in 1994 and a new roof in 2017. The home sits on 0.24 acres with two storage sheds and plenty of room for the kids to play. All of this with a great location and within walking distance to the town!

Last Agent to Sell the Property

Heather Upton

Keller Williams Indy Metro NE Brokerage Email: info@therealestatepros.com License #RB14047452 Listed on: 08/03/2023

Keller Williams Indy Metro NE

Last Buyer's Agent

Jace Ferris

IN-Homes Realty Solutions, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $552

Year Built

  • Built in 1960

Lot Details

  • 10,540 Sq Ft Lot
  • Mature Trees

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Brick Foundation
  • Vinyl Siding

Interior Spaces

  • 1,262 Sq Ft Home
  • Combination Kitchen and Dining Room
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Shed
  • Storage Shed

Schools

  • Lapel Elementary School
  • Lapel Middle School
  • Lapel Sr High School

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Earle S Cascaddens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 481028402081000032

Home Details

Home Type

Single Family

Est. Annual Taxes

$552

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1960
  • Building Area Total: 1262
  • Garage Y N: Yes
  • Lot Size Acres: 0.24
  • Subdivision Name: Earle S Cascaddens
  • Transaction Type: Sale
  • Website: https://www.therealestateprosblog.com/
  • Accessibility Features YN: No
  • MBR_AttributionContact: info@therealestatepros.com
  • Attribution Contact: info@therealestatepros.com
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Appliances: Electric Cooktop, Dishwasher, Dryer, MicroHood, Refrigerator, Washer, Water Softener Owned
  • Levels: One
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Attic Pull Down Stairs
  • Living Area: 1262
  • Other Equipment: Smoke Alarm
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1262
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Storage Shed
  • Foundation Details: Brick
  • Patio And Porch Features: Covered Porch, Open Patio

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Concrete

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Lapel Middle School

Lot Info

  • Lot Features: Sidewalks, Mature Trees
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 10540
  • Parcel Number: 481028402081000032
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 552
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 276

MLS Schools

  • Elementary School: Lapel Elementary School
  • High School: Lapel Sr High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2023
Closed on
Sep 15, 2023
Sold by
Cox Keith M and Cox Alice P
Bought by
Snodgrass Cameron and Snodgrass Madelyn
Seller's Agent
Heather Upton
Keller Williams Indy Metro NE
Buyer's Agent
Jace Ferris
IN-Homes Realty Solutions, INC
List Price
$199,900
Sold Price
$195,000
Premium/Discount to List
-$4,900
-2.45%
Views
130
Current Estimated Value
$210,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,676
Avg. Annual Appreciation
4.10%
Original Mortgage
$185,250
Outstanding Balance
$180,920
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$32,272

Purchase Details

Closed on
Feb 13, 2019
Sold by
Cox Keith M and Cox Alice P
Bought by
Cox Robert K and Cox Teresa A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Snodgrass Cameron -- None Listed On Document
Cox Robert K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Snodgrass Cameron $185,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2023 09/15/23 Sold $195,000 +0.1% $155 / Sq Ft
08/15/2023 08/15/23 Pending -- -- --
08/14/2023 08/14/23 Price Changed $194,900 -2.5% $154 / Sq Ft
08/08/2023 08/08/23 For Sale $199,900 0.0% $158 / Sq Ft
08/05/2023 08/05/23 Pending -- -- --
08/03/2023 08/03/23 For Sale $199,900 -- $158 / 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 $1,430 $143,000 $21,700 $121,300
2024 $1,430 $143,000 $21,700 $121,300
2023 $562 $131,300 $20,700 $110,600
2022 $550 $120,300 $19,900 $100,400
2021 $540 $112,300 $19,900 $92,400
2020 $529 $114,000 $19,000 $95,000
2019 $519 $111,200 $19,000 $92,200
2018 $527 $95,600 $19,000 $76,600
2017 $517 $94,900 $19,000 $75,900
2016 $507 $94,900 $19,000 $75,900
2014 $508 $93,600 $19,000 $74,600
2013 $508 $93,600 $19,000 $74,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21935467

MIBOR Broker Listing Cooperative®

APN: 48-10-28-402-081.000-032