NOT LISTED FOR SALE

413 S Main St Lapel, IN 46051

Estimated Value: $180,000 - $191,000

2 Beds
2 Baths
-- Sq Ft
8,712 Sq Ft Lot

Last Sold July 31, 2020

Last sale price $137,000

Est. 35% increase in value since last sale

Current estimated payment $1,255/month

3 Days on Market

About This Home

As of July 2020

Lapel Schools! Very nice duplex in Lapel. Both units are 1 bedroom/1 bath, kitchen, and living room. Each unit has a single car detached garage and their own driveway. Location is a few feet from the little league diamond and two blocks from Downton Lapel. Investment opportunity or move in one side and rent the other side. The home could be remodeled and turned into a single family home. Appliances stay in both units!

Last Agent to Sell the Property

Justin Puckett

Keller Williams Indy Metro NE License #RB14041687 Listed on: 06/01/2020

Keller Williams Indy Metro NE

Co-Listed By

Taylor Puckett

Keller Williams Indy Metro NE License #RB14039833

Last Buyer's Agent

Emily Huskey

Keller Williams Indy Metro W

Keller Williams Indy Metro W

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,378

Year Built

  • Built in 1951

Lot Details

  • 8,712 Sq Ft Lot
  • Partially Fenced Property

Parking

  • 2 Car Garage
  • Gravel Driveway

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1-Story Property

Community Details

  • Woodwards Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for inshazard, insurance, taxes
  • Assessor Parcel Number 481028401120000032

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,378

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Bungalow/Shotgun
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1951
  • Co List Office Phone: 765-644-3341
  • Lot Size Acres: 0.2
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: WOODWARDS
  • Inspection Warranties: Not Applicable
  • Property Description: Lapel Schools! Very nice duplex in Lapel. Both units are 1 bedroom/1 bath, kitchen, and living room. Each unit has a single car detached garage and their own driveway. Location is a few feet from the little league diamond and two blocks from Downton Lapel. Investment opportunity or move in one side and rent the other side. The home could be remodeled and turned into a single family home. Appliances stay in both units!
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • Owner Pays: InsHazard, Insurance, Insurance, Taxes
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Gravel, Fence Partial
  • Foundation Details: Block
  • List Price: 169900
  • Construction Stage: Completed
  • Road Access: CityStreet

Garage/Parking

  • Garage Spaces: 2
  • Unit Parking: 1 Car Garage

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: Yes
  • Current Use: Multi-Family
  • Parcel Number: 481028401120000032
  • Acres: <1/4 Acre
  • Lot Information: Not Applicable
  • Lot Number: 0
  • Lot Size: 8,712

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1378
  • Semi Annual Property Tax Amt: 689
  • Tax Exemption: None

MLS Schools

  • School District: Frankton-Lapel Community
  • Schools: Lapel Elementary,Lapel High,Lapel Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2024
Sold by
Burns Brennan C
Bought by
Rosas Omar
Current Estimated Value
$184,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Outstanding Balance
$137,796
Interest Rate
6.86%
Mortgage Type
Credit Line Revolving
Estimated Equity
$41,849

Purchase Details

Listed on
Jun 1, 2020
Closed on
Jul 31, 2020
Sold by
Deuberry Robert and Deuberry Jeanna M
Bought by
Burns Brennan C
Seller's Agent
Justin Puckett
Keller Williams Indy Metro NE
Buyer's Agent
Emily Huskey
Keller Williams Indy Metro W
List Price
$169,900
Sold Price
$137,000
Premium/Discount to List
-$32,900
-19.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.71%
Original Mortgage
$94,500
Interest Rate
3.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Rosas Omar $185,000 Meridian Title
Burns Brennan C -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosas Omar $138,750
Previous Owner Burns Brennan C $94,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $137,000 -19.4% --
06/05/2020 06/05/20 Pending -- -- --
06/01/2020 06/01/20 For Sale $169,900 -- --
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 $2,688 $134,400 $14,600 $119,800
2023 $2,458 $122,900 $13,900 $109,000
2022 $1,434 $71,700 $13,200 $58,500
2021 $1,488 $74,400 $13,200 $61,200
2020 $1,410 $70,500 $12,500 $58,000
2019 $1,346 $68,900 $12,500 $56,400
2018 $1,274 $63,700 $12,500 $51,200
2017 $1,264 $63,200 $12,500 $50,700
2016 $1,264 $63,200 $12,500 $50,700
2014 $1,310 $61,600 $12,500 $49,100
2013 $1,310 $61,600 $12,500 $49,100
Source: Public Records

Agents Affiliated with this Home

  • Justin Puckett

    Seller's Agent in 2020

    Justin Puckett

    Keller Williams Indy Metro NE

    (765) 274-9773

    3 in this area

    242 Total Sales

    Justin Puckett
    Section Image

  • T

    Seller Co-Listing Agent in 2020

    Taylor Puckett

    Keller Williams Indy Metro NE

    (765) 730-9126

    3 in this area

    199 Total Sales

    Taylor Puckett
    Section Image
  • Emily Huskey

    Buyer's Agent in 2020

    Emily Huskey

    Keller Williams Indy Metro W

    (573) 465-1108

    5 in this area

    240 Total Sales

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21715449

MIBOR Broker Listing Cooperative®

APN: 48-10-28-401-120.000-032

Indiana Madison County Lapel 46051

413 S Main St, Lapel, IN

This home is located at 413 S Main St, Lapel, IN 46051 since 01 June 2020 and is currently estimated at $184,514. This property was built in 1951. 413 S Main 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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