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$505,297 (Pending)

0 W 300 S Road Lapel, IN  46051

  • 38.87 Acres

Property Description for 0 W 300 S Road Lapel, IN 46051

39+/- Acre Tillable Farm in Lapel, Madison County, IN Opportunity in Lapel, Madison County, where this exceptional 39+/- acre tillable farm awaits its new owner. Located on W County Road 300 S, less than 3 miles from Lapelw Property Highlights: Location: W County Road 300 S, Lapel, Madison County, IN Land Area: 39+/- acres of prime tillable farmland Crop Production: Demonstrating excellent productivity, the farm has yielded impressive crop outputs in recent years. Contract: Currently under a lucrative one-year contract for the 2024 season but open for the 2025 Season. Taxes: With yearly taxes of approximately around $890. Additional Features: Accessibility: Convenient access to nearby amenities and major roadways ensures ease of transportation and connectivity to urban centers. Potential: With its fertile soil and favorable climate conditions, this farm presents an excellent opportunity for continued agricultural success and potential expansion or diversification. Location: Located in the highly sought-after Lapel School District. Whether you're looking to expand your farming operations, seeking a peaceful rural retreat, or exploring investment opportunities, this 39+/- acre tillable farm in Lapel, Madison County, IN, is a rare find that combines productivity, profitability, and natural beauty. Don't miss out on this exceptional property - schedule your viewing today and make your agricultural dreams a reality!
QuickBuy option for home selling

Address:0 W 300 S Road Lapel IN 46051
Status:Pending
on site: 41 days
Price:$505,297
Bathrooms:0
Lot Size:38.87
County: Madison
Township: Stony Creek
MLS #:22005909
Property Type:Farm

Lot Dimensions:1693134
Road Frontage:County Road
Road Access:County Rd
Road Surface:Asphalt
Zoning:Ag
Directions:GPS Friendly

Loan Price
$2,995
Price And Interest $2,636/month
Property Tax $148/month
MTG INS $0/month
HOME INS $211/month
Price
$505,297
Down Payment %
0 %
Down Payment
$0
Property Taxes
$148/month
Home Owner Insurance
$2,532 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$890
Tax Year:2023
Mandatory HOA Fee:$

Area: 4809 - Madison - StonyCreek
City:Lapel
Subdivision: No Subdivision
Zip Code:46051

Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Chad Renbarger with Mossy Oak Properties from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/07/2024 12:00 AM. 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.





Lapel Market Report

194
Avg. DOM
$169.21
Avg. $ / Sq.Ft.
$ 342,500
Med. List Price

The house prices in Lapel are not dropping at the moment. There has been a increase in price of $88,500.00. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Lapel are going Up. The average house price is $354,900.00 and the average price per square feet is $170.77 per square feet. At the moment, the amount of homes listed is exactly 44 houses, with 9 with active status, 3 with pending status and 32 sold in Lapel .

The most popular place to buy a home in Lapel is 4809 - Madison - StonyCreek. 4809 - Madison - StonyCreek is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Lapel .

The average amount of property taxes you would have to pay for a home in Lapel is $639.74. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Lapel are staying listed for an average of 109 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Lapel was 28851 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Lapel is $550,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Lapel is $176,900.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Lapel in year 1910 and the newest built house is in year 2024.

The average size of properties in Lapel is 2153.89 sq.ft. , the biggest one being 3548 sq.ft. and the smaller being 1168 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.