$294,000
SOLD AUG 8, 2025

509 Tulip Tree Dr Lapel, IN 46051

4 Beds
2 Baths
1,732 Sq Ft
7,275 Sq Ft Lot

Recently Sold

$170 Per Sq Ft

8% Below List Price

58 Days on Market

Highlights

  • View of Trees or Woods
  • Formal Dining Room
  • Eat-In Kitchen
  • Ranch Style House
  • 2 Car Attached Garage
  • Entrance Foyer

About This Home

As of August 2025

Spacious 4 bedroom 2 bath home with a spectacular farmland view out the back of the house. Front porch will greet you with an abundance of space and a welcoming feel. This home features a huge kitchen with loads of counter space and space for cooking which can be the hub of the home. The kitchen opens to the great room and then on to the sunroom. So much light coming in the great windows! The sunroom is an amazing space to enjoy. Outside is a nice sized yard along with no neighbors behind you. Enjoy spending time outside on the patio. Main bedroom has an en-suite with a generous walk-in closet. Three other bedrooms and bath make this house just perfect for you and all of your needs. All this and just a short drive to Hamilton county, but you can enjoy the quiet community of Lapel with walkable streets. It's that kind of community that makes you feel welcome and has great schools with so much to offer!! Welcome home!

Last Agent to Sell the Property

Staci Woods

Keller Williams Indy Metro NE License #RB14043360 Listed on: 05/08/2025

Keller Williams Indy Metro NE

Co-Listed By

Valarie Welty

Keller Williams Indy Metro NE License #RB14042530

Last Buyer's Agent

Thomas Colvin

eXp Realty, LLC License #RB14025301

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,608

Year Built

  • Built in 2023

Lot Details

  • 7,275 Sq Ft Lot

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Woods
  • Neighborhood

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,732 Sq Ft Home
  • Entrance Foyer
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater

Community Details

  • Subdivision Not Available See Legal
  • Property managed by AMI
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 481027300070005032
  • Seller Concessions Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,608

Year Built

Built in 2023

Lot Details

0

HOA Fees

$35 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Builder Name: Arbor Homes
  • Property Type: Residential
  • New Construction: Yes
  • Tax Year: 2024
  • Year Built: 2023
  • Building Area Total: 1732
  • Garage Y N: Yes
  • Lot Size Acres: 0.17
  • Subdivision Name: Subdivision Not Available See Legal
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Special Features: 4098

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Disposal, Refrigerator, Water Heater
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: Bath Sinks Double Main, Entrance Foyer, Eat-in Kitchen, Pantry
  • Living Area: 1732
  • Main Level Bedrooms: 4
  • Spa Y N: No
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1732
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick, Vinyl With Brick
  • Direction Faces: North
  • Foundation Details: Slab
  • List Price: 304999
  • Patio And Porch Features: Covered, Patio
  • Pool Private Y N: No
  • View: Neighborhood, Trees/Woods
  • View Y N: Yes
  • Waterfront: No
  • Construction Stage: Completed

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Concrete, Garage Door Opener
  • Garage Parking Other: Garage Door Opener,Guest Street Parking
  • Garage Sq Ft: 441

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: No

Condo/Co-op/Association

  • Association Fee: 425
  • Association Fee Frequency: Annually
  • Association YN: Yes
  • Management Company Name: AMI
  • H O A Disclosures: Covenants & Restrictions

Schools

  • Middle Or Junior School: Lapel Middle School

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 7275
  • Parcel Number: 481027300070005032
  • Acres: <1/4 Acre
  • Price Acre: 1729412

Tax Info

  • Tax Annual Amount: 2608
  • Tax Lot: 5
  • Semi Annual Property Tax Amt: 1304
  • Tax Exemption: Homestead Tax Exemption

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
May 8, 2025
Closed on
Aug 8, 2025
Sold by
Benway Judith Lynn
Bought by
Hill Samuel A and Scherer Jack Mitchell
Seller's Agent
Staci Woods
Keller Williams Indy Metro NE
Buyer's Agent
Thomas Colvin
eXp Realty, LLC
List Price
$319,999
Sold Price
$294,000
Premium/Discount to List
-$25,999
-8.12%
Views
128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
140.58%
Original Mortgage
$288,674
Outstanding Balance
$288,674
Interest Rate
6.67%
Mortgage Type
FHA
Estimated Equity
$21,227
Source: Public Records

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Range of Values:

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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
Warranty Deed -- Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $288,674 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 Sold $294,000 -3.6% $170 / Sq Ft
07/05/2025 07/05/25 Pending -- -- --
06/19/2025 06/19/25 Price Changed $304,999 -3.0% $176 / Sq Ft
05/28/2025 05/28/25 Price Changed $314,500 -1.7% $182 / Sq Ft
05/08/2025 05/08/25 For Sale $319,999 +21.1% $185 / Sq Ft
11/27/2023 11/27/23 Sold $264,145 +2.4% $164 / Sq Ft
11/27/2023 11/27/23 Pending -- -- --
11/27/2023 11/27/23 For Sale $257,995 -- $160 / 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 $2,607 $260,700 $53,000 $207,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22036844

MIBOR Broker Listing Cooperative®

APN: 48-10-27-300-070.005-032