NOT LISTED FOR SALE

986 S State Road 13 Lapel, IN 46051

Estimated Value: $274,000 - $348,000

3 Beds
2 Baths
1,899 Sq Ft
$169/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $300,000 $158 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,915/month

2 Days on Market

Highlights

  • 1.71 Acre Lot
  • Wood Flooring
  • Eat-In Kitchen
  • Ranch Style House
  • 2 Car Detached Garage
  • Outdoor Storage

About This Home

As of May 2022

Almost 2 Acres, One Owner Ranch Home, Lapel Schools! From the first step inside the front door you'll see this lovingly cared for home has great bones! Just off the foyer is a Living Room with a large picture window. The Dining Room is attached to a cozy Country Kitchen. A dedicated laundry room includes a sink and storage. All appliances stay!! Just off the kitchen, you'll find the Family Room which has it's own private entrance. Unique opportunity for a home based business! Enjoy the quiet mornings or a late night card game in the large Three Seasons Room. An oversized driveway leaves lots of room for guest parking and leads to the detached two car garage. So many reasons why this is the one you've been waiting for!

Last Agent to Sell the Property

Stephanie Evelo

Keller Williams Indy Metro NE Listed on: 05/05/2022

Keller Williams Indy Metro NE

Co-Listed By

Derek Evelo

Keller Williams Indy Metro NE

Last Buyer's Agent

Steffanie Hensley

RE/MAX At The Crossing

RE/MAX At The Crossing

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $632

Year Built

  • Built in 1966

Lot Details

  • 1.71

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,899 Sq Ft Home
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Microwave

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Septic Tank

Additional Features

  • Outdoor Storage
  • 1.71 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 481016300003000031

Home Details

Home Type

Single Family

Est. Annual Taxes

$632

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1966
  • Building Area Total: 1899
  • Co List Office Phone: 317-564-7100
  • Garage Y N: Yes
  • Lot Size Acres: 1.713
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Website: https://www.searchindianapolisinhomes.com/homes/986-S-State-Road-13/Lapel/IN/46051/128378650/
  • Website: www.eveloteam.com
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Appliances: Electric Cooktop, Dryer, Microwave, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access
  • Other Equipment: Smoke Detector
  • Areas Interior: Laundry Room Main Level,Utility Room
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1899
  • Main Level Sq Ft: 1899
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Eat In

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Storage
  • Foundation Details: Crawl Space
  • List Price: 250000
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio,Screened in Porch

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Electric
  • Garage Parking Description: Detached
  • Garage Sq Ft: 576

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Well
  • Solid Waste: 1
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 481016300003000031
  • Acres: 1-3 Acres
  • Lot Information: Not In Subdivision,Tree Mature
  • Lot Number: 1
  • Lot Size: 74,618

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 632
  • Semi Annual Property Tax Amt: 316
  • Tax Exemption: HomesteadTaxExemption,OtherTaxExemption/See Remarks

MLS Schools

  • School District: Frankton-Lapel Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2022
Sold by
Smith Matthew D
Bought by
Friend Katherine M and Friend Jake W
Current Estimated Value
$321,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,000
Outstanding Balance
$269,835
Interest Rate
7.75%
Mortgage Type
New Conventional
Estimated Equity
$49,145

Purchase Details

Listed on
May 5, 2022
Closed on
May 20, 2022
Sold by
Mcmillan Betty L
Bought by
Smith Matthew D
Seller's Agent
Stephanie Evelo
Keller Williams Indy Metro NE
Buyer's Agent
Steffanie Hensley
RE/MAX At The Crossing
List Price
$250,000
Sold Price
$300,000
Premium/Discount to List
$50,000
20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.88%
Source: Public Records

Range of Values:

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Average Value
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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
Friend Katherine M -- Security Title
Smith Matthew D $300,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Friend Katherine M $277,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2022 05/20/22 Sold $300,000 +20.0% $158 / Sq Ft
05/07/2022 05/07/22 Pending -- -- --
05/05/2022 05/05/22 For Sale $250,000 -- $132 / 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 $2,017 $200,200 $28,600 $171,600
2023 $1,860 $183,400 $27,200 $156,200
2022 $1,336 $133,800 $23,500 $110,300
2021 $646 $124,300 $23,500 $100,800
2020 $648 $118,100 $22,300 $95,800
2019 $636 $118,200 $22,300 $95,900
2018 $667 $109,600 $22,300 $87,300
2017 $640 $99,500 $20,600 $78,900
2016 $704 $105,400 $20,600 $84,800
2014 $666 $105,800 $20,600 $85,200
2013 $666 $102,800 $20,600 $82,200
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Stephanie Evelo

    Keller Williams Indy Metro NE

    Section Image

  • D

    Seller Co-Listing Agent in 2022

    Derek Evelo

    Keller Williams Indy Metro NE

  • S

    Buyer's Agent in 2022

    Steffanie Hensley

    RE/MAX

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21851334

MIBOR Broker Listing Cooperative®

APN: 48-10-16-300-003.000-031

Indiana Madison County Lapel 46051

986 S State Road 13, Lapel, IN

This home is located at 986 S State Road 13, Lapel, IN 46051 since 05 May 2022 and is currently estimated at $321,381, approximately $169 per square foot. This property was built in 1966. 986 S State Road 13 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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