Closed

$60,000

226 W 1st Rd, Lapaz, IN 46537

3beds

1,330sqft

Single Family Residence

Built in 1917

0.48 Acres Lot

$-- Zestimate^®

$--/sqft

$1,462 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,462/mo

Zestimate^® history

Owner options

List your home for rent

$1,462/mo

Rent Zestimate^®

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$1,462/mo

Rent Zestimate^®

Refinance and save

$288/mo

Est. payment

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$288/mo

Est. payment

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What's special

Loft for additional space

Investor Alert! Check out this great low price home with tons of upside potential. After a rehab this would make a great home to live in, flip it, or rental to add to your portfolio. Massive attached 30'X50' garage- perfect for hobbies, storage, shop space- you name it! Has loft for additional space. Main floor has living room, kitchen, 2 bedrooms, laundry, & bathroom. Upstairs offers large additional bedroom or chop it up into a few rooms. Seller has very little info, never lived in home, and has not owned long. Highest & best offers will be reviewed 5pm Monday 4/20/26. Seller will only consider cash, AS-IS offers from buyers ready to close quickly. Buyer/buyer's agent to verify room dimensions, SF, zoning, utilities & schools.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
Main level bedrooms: 2

Bedroom 1

Level: Upper

Bedroom 2

Level: Main

Kitchen

Level: Main
Area: 169
Dimensions: 13 x 13

Living room

Level: Main
Area: 195
Dimensions: 13 x 15

Heating

Natural Gas, Forced Air

Cooling

None

Features

Basement: Full
Has fireplace: No

Interior area

Total structure area: 2,286
Total interior livable area: 1,330 sqft
Finished area above ground: 1,330
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Attached
Attached garage spaces: 2

Features

Levels: One and One Half
Stories: 1.5

Lot

Size: 0.48 Acres
Dimensions: 150X137
Features: 0-2.9999, City/Town/Suburb

Details

Parcel number: 505294304024.000010
Zoning: R1

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Aluminum Siding
Roof: Shingle

Condition

New construction: No
Year built: 1917

Utilities & green energy

Sewer: City
Water: Well

Community & HOA

Community

Subdivision: None

Location

Region: Lapaz

Financial & listing details

Tax assessed value: $110,300
Annual tax amount: $2,243
Date on market: 4/9/2026
Listing terms: Cash

Price history

Date	Event	Price
4/29/2026	Sold	$60,000+0.2%
Source: IRMLS #202612275 Report a problem
4/20/2026	Pending sale	$59,900
Source: IRMLS #202612275 Report a problem
4/9/2026	Listed for sale	$59,900
Source: IRMLS #202612275 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$980 +30.5%	$110,300 +9.6%
2024	$752 +2.7%	$100,600 +4%
2023	$731 +33.6%	$96,700 +3.3%
2022	$548 +8.9%	$93,600 +14.8%
2021	$503 +5.2%	$81,500 +3.2%
2020	$478 +2.3%	$79,000 +3%
2019	$467 +38.7%	$76,700 +4.4%
2018	$337 -0.3%	$73,500 +16.3%
2017	$338 +10.5%	$63,200
2016	$306 -0.9%	$63,200 +0.6%
2014	$309 -1%	$62,800
2013	$312 +7.9%	$62,800 +0.8%
2012	$289 -29.6%	$62,300 -4.7%
2011	$410 +17.3%	$65,400
2010	$350 +21.4%	$65,400 -1.1%
2009	$288 -43.9%	$66,100 +3%
2006	$513	$64,200 +7.5%
2005	--	$59,700