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(SOLD) $185,000

413415 S Main Street Lapel, IN  46051

Property Description for 413415 S Main Street Lapel, IN 46051

Expand your portfolio with this well kept Lapel duplex with tenants in both sides! One bed, one bath, kitchen, and living room on each side. Each side has its own driveway space with detached garage for parking, as well as backyard space partially separated by a fence. Both units are mirror images of each other. Tenants pay all utilities. Owner has never had trouble filling these units! Both units have previously rented for $850 each side. 24 hour notice minimum required for all viewings (tenant's rights.) 415 side is leased for $750 currently and is renewing for another year. 413 side is actively looking for a bigger place and should be moved out within a couple of months.
QuickBuy option for home selling

Address:413415 S Main Street Lapel IN 46051
Status:Sold
Sold On: 8/16/2024
Price:$200,000
Bathrooms:0
Year Built:1951
Lot Size:0.20
County: Madison
Township: Stony Creek
MLS #:21987627
Property Type:Duplex

Lot Dimensions:8712
Road Frontage:City Street
Road Access:Frontage Road
Road Surface:Asphalt
Lot Features:Not Applicable
Building Utilities:Separate Gas Meter, Separate Sewer Meter
Directions:GPS Friendly

Loan Price
$1,247
Price And Interest $965/month
Property Tax $205/month
MTG INS $0/month
HOME INS $77/month
Price
$185,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$205/month
Home Owner Insurance
$924 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$1,229
Tax Year:2023
Other Disclosures:As Is
Mandatory HOA Fee:$

Area: 4809 - Madison - StonyCreek
City:Lapel
Subdivision: Woodwards
Zip Code:46051

Exterior Type:Vinyl Siding
Cool:Central Electric
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 Emily Huskey with Keller Williams Indy Metro S from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 06/27/2024 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

174
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 19840 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.