Sold124d on market
413 W 5th St
Lapel, IN, 46051 • 46051 • Madison County
$187,000
$202/sqft
3Beds
1Baths
925Sqft
0.17 acLot
1977Built
Property DNA
Ranch Style
Built 1977 · 49 years of history
Cascaddens
46051
Outdoor Living
Patio
1-Car Garage
Attached
This home is in high demand
Listed 124 days ago · 10 views · Top 4% likely to sell soon
Market activity
Demand and pricing signals for this listing
10 views
People checking out this listing
124 days on market
Established listing
$202/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 4% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1977
Welcome to this well-kept ranch in the town of Lapel. This home has been freshly painted throughout and offers a comfortable layout featuring a living room that opens to the eat-in kitchen. Several key updates have already been completed, including a new electrical box (2025), new roof (2022), and brand new windows just installed throughout the home. You'll find 3 bedrooms, a perfectly sized full bathroom, and a dedicated laundry area. The kitchen offers one-of-a-kind cabinets made from a local barn. This nearly 1,000 square foot home is packed full of charm. Outside, you'll find an attached garage, a large, fully-fenced in backyard, and a quiet street just minutes from the heart of Lapel. You are just 5 minutes from I-69, 10 minutes to Hamilton Town Center, and less than 40 minutes to downtown Indianapolis.
Standout features identified
Our analysis highlights attached garage, comfortable layout, and brand new windows as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,227/month
Principal & Interest$978
Property Tax$187
Insurance$62
Down payment20% ($37,400)
3%50%
Est. 6.83% rate · 30yr fixed · $149,600 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1977
HeatingForced Air, Natural Gas
CoolingCentral Air
Parking1 Attached Garage space
Lot7,405 sqft
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleRanch
Year built1977
Stories1
Systems
HeatingForced Air, Natural Gas
CoolingCentral Air
ConstructionAluminum Siding, Brick
Water / SewerPublic
Parking & Outdoor
ParkingAttached
Garage1 spaces
FencingFenced,Full
Lot7,405 sqft
Location & Tax
Neighborhood46051
Annual tax$962
Parcel481028402087000032
Bathrooms & Fees
Full baths1
Features & details
8 categories of property features
Interior Features
Interior
Attic Access
Eat-in Kitchen
Appliances
Disposal
Gas Water Heater
Electric Oven
Heating
Forced Air
Natural Gas
Cooling
Central Air
Exterior Features
Parking
Attached
Construction
Aluminum Siding
Brick
Patio & Porch
Patio
Lot Features
Mature Trees
Listing insights
Market data and value estimates
StatusSold
Days on market124
Est. value$190,900
Est. rent$1,180/mo
Tax rate0.76%
Price/sqft$202
On marketOct 10, 2025
PostedOct 10, 2025
Last sold$187,000
MLS statusSold
MLS updatedDec 10, 2025
Tour days6
Views10
How are the schools in Lapel?
3 schools rated nearby
Location
Lapel, IN, 46051
Price history
4 events
DateEventPrice$/sqftSource
Dec 5, 2025Sold$187,000$202MIBOR as distributed by MLS GRID
Nov 10, 2025Pending Sale$199,900$216MIBOR as distributed by MLS GRID
Oct 21, 2025Price Change$199,900$216MIBOR as distributed by MLS GRID
Oct 10, 2025Listed For Sale$205,000$222MIBOR as distributed by MLS GRID
Sold$187,000
Dec 5, 2025•$202/sqft•MIBOR as distributed by MLS GRID
Pending Sale$199,900
Nov 10, 2025•$216/sqft•MIBOR as distributed by MLS GRID
Price Change$199,900
Oct 21, 2025•$216/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$205,000
Oct 10, 2025•$222/sqft•MIBOR as distributed by MLS GRID
Tax history
18 years of records
YearTax paidAssessed value
Apr 9, 2025$962$115,100
Apr 9, 2024$841$104,900
Apr 9, 2023$846$96,200
Apr 9, 2022$727$93,000
Apr 9, 2021$608$86,900
Apr 9, 2020$538$78,400
Apr 9, 2019$498$76,600
Apr 9, 2018$489$68,000
Apr 9, 2017$481$70,700
Apr 9, 2016$451$70,700
Apr 9, 2014$560$74,800
Apr 9, 2013$515$74,800
Apr 9, 2012$520$75,100
Apr 9, 2011—$70,900
Apr 9, 2010$423$70,900
Apr 9, 2009$443$76,600
Apr 9, 2006—$76,300
Apr 9, 2005—$70,300
Nearby homes
Neighborhood details
Local context around this listing
Lapel, IN • Madison County
Nearby neighborhoods
Fishersburg
Nearby cities
AlexandriaAndersonChesterfieldElwoodFortvilleFranktonLapelMarkleville
Nearby zip codes
46051
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-09 07:23:00 PDT. 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. [Click here for more information](/mls-disclaimers/#48)
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