NOT LISTED FOR SALE

525 Main St Lapel, IN 46051

Estimated Value: $118,694 - $152,000

2 Beds
1 Bath
750 Sq Ft
$185/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $65,000 $87 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $884/month

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • Combination Kitchen and Dining Room
  • No HOA
  • Forced Air Heating System
  • 4-minute walk to Main Street Park

About This Home

As of July 2019

This home is located at 525 Main St, Lapel, IN 46051 since 31 July 2019 and is currently estimated at $138,924, approximately $185 per square foot. This property was built in 1951. 525 Main St is a home located in Madison County with nearby schools including Lapel Elementary School, Lapel Middle School, and Lapel Senior High School.

Last Agent to Sell the Property

Non-BLC Member

MIBOR REALTOR® Association Listed on: 07/31/2019

Last Buyer's Agent

Stephanie Evelo

Keller Williams Indy Metro NE

Keller Williams Indy Metro NE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $998

Year Built

  • Built in 1951

Lot Details

  • 4,487 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Block Foundation

Interior Spaces

  • 750 Sq Ft Home
  • Window Screens
  • Combination Kitchen and Dining Room
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 481028401005000032

Home Details

Home Type

Single Family

Est. Annual Taxes

$998

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1951
  • Building Area Total: 750
  • Garage Y N: Yes
  • Lot Size Acres: 0.103
  • Subdivision Name: No Subdivision
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: noreply@mibor.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Refrigerator, Gas Water Heater
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Screens Complete
  • Living Area: 750
  • Main Level Bedrooms: 2
  • Other Equipment: Smoke Alarm
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 750
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0
  • SqFt Total: 750

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 65000

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached
  • Garage Sq Ft: 308

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Electric
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 4487
  • Parcel Number: 481028401005000032
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 998
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 499
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2019
Sold by
Fields Boston
Bought by
September Properties Llc
Current Estimated Value
$138,924

Purchase Details

Listed on
Jul 31, 2019
Closed on
Jul 31, 2019
Sold by
Davis Tom W
Bought by
Fields Boston
Seller's Agent
Non-BLC Member
MIBOR REALTOR® Association
Buyer's Agent
Stephanie Evelo
Keller Williams Indy Metro NE
List Price
$65,000
Sold Price
$65,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.89%
Original Mortgage
$52,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 31, 2019
Closed on
Jul 5, 2019
Sold by
Gaddis Billy L
Bought by
Davis Tom W
Seller's Agent
Non-BLC Member
MIBOR REALTOR® Association
Buyer's Agent
Stephanie Evelo
Keller Williams Indy Metro NE
List Price
$65,000
Sold Price
$65,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2010
Sold by
Bodenhorn Wilma
Bought by
Gaddis Billy L

Purchase Details

Closed on
Oct 14, 2009
Sold by
Bodenhorn Christopher A and Bodenhorn Timothy G
Bought by
Bodenhorn Wilma
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 Buyer Sale Price Title Company
September Properties Llc -- None Available
Fields Boston -- Chicago Title
Davis Tom W -- Chicago Title
Gaddis Billy L -- --
Bodenhorn Wilma -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fields Boston $52,000
Previous Owner Davis Tom W $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2019 12/31/19 For Sale $65,000 0.0% $87 / Sq Ft
07/31/2019 07/31/19 Sold $65,000 -- $87 / 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 $1,318 $65,900 $10,600 $55,300
2023 $1,208 $60,400 $10,100 $50,300
2022 $1,198 $59,900 $9,600 $50,300
2021 $1,168 $58,400 $9,600 $48,800
2020 $1,110 $55,500 $9,200 $46,300
2019 $1,082 $54,100 $9,200 $44,900
2018 $998 $49,900 $9,200 $40,700
2017 $996 $49,800 $9,200 $40,600
2016 $996 $49,800 $9,200 $40,600
2014 $980 $49,000 $9,200 $39,800
2013 $980 $49,000 $9,200 $39,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21687345

MIBOR Broker Listing Cooperative®

APN: 48-10-28-401-005.000-032