$199,900
PENDING

413 S Main St Lapel, IN 46051

Estimated payment $1,304/month

Total Views 357
2 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Investor opportunity in the heart of Lapel! This well-maintained duplex at 413-415 S Main Street offers a strong rental history and excellent income-producing potential. Whether you're looking to expand your investment portfolio or take advantage of owner-occupancy by living in one unit while renting the other, this property provides flexibility and long-term value. Each unit features 1 bedroom, 1 full bathroom, and a detached 1-car garage, providing comfortable living space and added convenience for tenants or owner-occupants. Utilities are separately metered, making management simple and efficient while allowing tenants to pay their own utility expenses. Ideally located near local amenities, parks, schools, and major commuter routes, this property benefits from established rental demand and multiple ownership opportunities. Don't miss your chance to own a versatile income-producing property with proven rental history and long-term potential.

Listing Agent

Ray Podesta

Stone & Gable Realty Brokerage Email: ray@stoneandgable.com License #RB18000961 Listed on: 06/21/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,688

Year Built

  • Built in 1951

Lot Details

  • 8,712 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Bungalow

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Schools

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

Listing and Financial Details

  • Tax Lot 163
  • Assessor Parcel Number 481028401120000032

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,688

Year Built

Built in 1951

Lot Details

8,712 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2025
  • Year Built: 1951
  • Lot Size Acres: 0.2
  • Structure Type: Duplex
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Conversion: No
  • Attribution Contact: ray@stoneandgable.com
  • Special Features: None

Interior Features

  • Basement: No
  • Total Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • View Y N: No
  • Waterfront: No
  • Road Access: Not Applic

Garage/Parking

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

Utilities

  • Solid Waste: No

Schools

  • Middle Or Junior School: Lapel Middle School

Lot Info

  • Additional Parcels: No
  • Current Use: Residential
  • Lot Size Sq Ft: 8712
  • Parcel Number: 481028401120000032
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 2688
  • Tax Lot: 163
  • Semi Annual Property Tax Amt: 1344

MLS Schools

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

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,692 $184,600 $14,600 $170,000
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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/24/2026 06/24/26 Pending -- -- --
06/21/2026 06/21/26 For Sale $199,900 +45.9% --
07/31/2020 07/31/20 Sold $137,000 -19.4% -- View Prior Sale
06/05/2020 06/05/20 Pending -- -- --
06/01/2020 06/01/20 For Sale $169,900 -- --
Source: MIBOR Broker Listing Cooperative®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $185,000 Meridian Title
Warranty Deed -- Chicago Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Closed $138,750 Credit Line Revolving
Closed $94,500 New Conventional
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22109439

MIBOR Broker Listing Cooperative®

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

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