$176,000
SOLD NOV 30, 2021

331 W 5th St Lapel, IN 46051

3 Beds
2 Baths
1,276 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$138 Per Sq Ft

7% Above List Price

3 Days on Market

Highlights

  • Attached Garage
  • Eat-In Kitchen
  • Family or Dining Combination

About This Home

As of August 2025

Adorable 3BD, 2BA All Brick Ranch nestled on a quiet Street In-Town Lapel with Over $20k in Updates! Spacious Living Room boasts tons of Natural Light! All Appliances stay in the Updated Kitchen w/New Dishwasher, Newer Countertops, New Flooring opens to Family Rm Perfect Entertaining! Laundry/Mud Room w/lots of Upgraded Cabinetry! Fabulous Renovated Guest Bath! You’ll love the easy-to-clean Laminate Hardwood Floors! Oversized Deck overlooks Private Fenced Yard w/No Home Behind you! Tons of Extra Storage in the 14x12 Mini Barn complete with Loft! Walk, Bike or ride a Golf Cart to Pax Verum Brewing Co! Easy Interstate Access! No HOA!

Last Agent to Sell the Property

Deb Polise

Berkshire Hathaway Home License #RB14038742 Listed on: 10/28/2021

Berkshire Hathaway Home

Last Buyer's Agent

Danielle Robinson

F.C. Tucker Company

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,164

Year Built

  • 1980

Parking

  • Attached Garage

Interior Spaces

  • Family or Dining Combination
  • Eat-In Kitchen

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,164

Year Built

1980

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Architectural Style: Ranch
  • Directions: From 300 South and SR 13 intersection (at Lapel Elementary) go south on SR 13/Pendleton Ave to Brookside Rd, turn west on Brookside to W 5th Street, turn left to the property.
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Subdivision Name: EARLE S CASCADDENS
  • Special Features: None
  • Year Built: 1980

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Oven, Refrigerator, Washer, Kitchen Exhaust
  • Fireplace Features: None
  • Areas Interior: Foyer Small,Laundry Room Main Level
  • Eating Area: Dining Combo/Family Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1276
  • Main Level Sq Ft: 1276
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Shower Stall Full
  • Kitchen Features: Kitchen Eat In
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access
  • Other Equipment: Smoke Detector

Exterior Features

  • Exterior Features: Fence Full Rear, Fence Privacy, Storage
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Covered Porch
  • Construction Type: Brick
  • Disclosures: Not Applicable

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener
  • Garage Spaces: 1

Utilities

  • Cooling: Window Unit(s)
  • Heating: Radiant Ceiling
  • Solid Waste: 0
  • Water Heater: Electric
  • Sewer: Sewer Connected
  • Water Source: Public

Lot Info

  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Tree Mature
  • Lot Number: 0
  • Lot Size: 7344

Green Features

  • Green Certification Y N: 0

Tax Info

  • Semi Annual Property Tax Amt: 582
  • Tax Exemption: HomesteadTaxExemption
  • Tax Annual Amount: 1164
  • Tax Year: 2020

MLS Schools

  • School District: Frankton-Lapel Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2025
Closed on
Aug 13, 2025
Sold by
Barker Janice E
Bought by
Reynolds Denyse
Seller's Agent
Heather Upton
Keller Williams Indy Metro NE
Buyer's Agent
Daimon Buck
F.C. Tucker Company
List Price
$229,900
Sold Price
$229,900
Views
45

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.41%
Original Mortgage
$160,930
Outstanding Balance
$160,930
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$67,359

Purchase Details

Listed on
Oct 28, 2021
Closed on
Nov 30, 2021
Sold by
Deloughery James A
Bought by
Barker Janice E
Seller's Agent
Deb Polise
Berkshire Hathaway Home
Buyer's Agent
Danielle Robinson
F.C. Tucker Company
List Price
$165,000
Sold Price
$176,000
Premium/Discount to List
$11,000
6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.49%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Personal Reps Deed -- Crossroads Title
Warranty Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $160,930 New Conventional
Previous Owner $43,974 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2025 08/13/25 Sold $229,900 0.0% $180 / Sq Ft
07/07/2025 07/07/25 Pending -- -- --
07/03/2025 07/03/25 For Sale $229,900 0.0% $180 / Sq Ft
05/30/2025 05/30/25 Off Market $229,900 -- --
05/07/2025 05/07/25 Pending -- -- --
05/06/2025 05/06/25 For Sale $229,900 +30.6% $180 / Sq Ft
11/30/2021 11/30/21 Sold $176,000 +6.7% $138 / Sq Ft
11/01/2021 11/01/21 Pending -- -- --
10/28/2021 10/28/21 For Sale $165,000 -- $129 / 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 $1,687 $168,700 $16,500 $152,200
2023 $1,548 $154,200 $15,600 $138,600
2022 $1,341 $133,500 $15,100 $118,400
2021 $1,228 $122,200 $15,100 $107,100
2020 $1,195 $118,900 $14,400 $104,500
2019 $1,190 $115,800 $14,400 $101,400
2018 $1,613 $103,800 $14,400 $89,400
2017 $1,034 $102,800 $14,400 $88,400
2016 $1,034 $102,800 $14,400 $88,400
2014 $1,025 $100,900 $14,400 $86,500
2013 $1,025 $100,900 $14,400 $86,500
Source: Public Records

Agents Affiliated with this Home

  • Heather Upton

    Seller's Agent in 2025

    Heather Upton

    Keller Williams Indy Metro NE

    (317) 572-5589

    11 in this area

    695 Total Sales

    Heather Upton
    Section Image

  • H

    Seller Co-Listing Agent in 2025

    Hilary Cabiness

    Keller Williams Indy Metro NE

    (765) 810-4668

    1 in this area

    45 Total Sales

    Hilary Cabiness
    Section Image
  • Daimon Buck

    Buyer's Agent in 2025

    Daimon Buck

    F.C. Tucker Company

    (317) 995-1815

    2 in this area

    84 Total Sales

    Daimon Buck
    Section Image
  • Deb Polise

    Seller's Agent in 2021

    Deb Polise

    Berkshire Hathaway Home

    (317) 695-0809

    1 in this area

    144 Total Sales

    Deb Polise
    Section Image

  • D

    Buyer's Agent in 2021

    Danielle Robinson

    F.C. Tucker Company

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21821492

MIBOR Broker Listing Cooperative®

APN: 48-10-28-402-085.000-032

Indiana Madison County Lapel 46051

331 W 5th St, Lapel, IN

This home is located at 331 W 5th St, Lapel, IN 46051 and is currently priced at $176,000, approximately $137 per square foot. This property was built in 1980. 331 W 5th St is a home located in Madison County with nearby schools including Lapel Elementary School, Lapel Middle School, and Lapel Senior High School.

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.

MIBOR Broker Listing Cooperative® 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.

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