Welcome to this beautifully maintained 3-bedroom, 2-bath brick ranch home, ideally situated in a quiet, established neighborhood just minutes from charming downtown Lapel. Inside, you'll find a warm and functional layout designed for both comfortable everyday living and effortless entertaining. The kitchen flows seamlessly into the dining room, offering a bright, open space perfect for family meals or hosting guests. The primary suite features a private, attached full bathroom, while the second full bath-shared by the additional bedrooms-has been tastefully updated. Recent improvements include brand new windows installed in February 2025, enhancing both energy efficiency and natural light throughout the home. Step outside to enjoy a spacious, fully fenced backyard with spacious deck and a storage shed. Whether you're enjoying staying in or taking a short walk to nearby shops and restaurants, this home exudes small town charm you won't want to miss. **Some photos are virtually staged **
Sold
$229,900
331 W 5th St, Lapel, IN 46051
3beds
1,276sqft
Residential, Single Family Residence
Built in 1980
7,405 Square Feet Lot
$244,400 Zestimate®
$180/sqft
$1,685 Estimated rent
Home value
$244,400
$215,000 - $276,000
$1,685/mo
Zestimate® history
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$1,454/mo
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List your homeWhat's special
Spacious deckQuiet established neighborhoodBright open spaceSpacious fully fenced backyardBrand new windowsWarm and functional layout
Zillow last checked:
Listing updated:
Listed by:
Heather Upton 317-572-5589,
Keller Williams Indy Metro NE,
Hilary Cabiness,
Keller Williams Indy Metro NE
Bought with:
Daimon Buck
F.C. Tucker Company
Source: MIBOR as distributed by MLS GRID,MLS#: 22036821
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12x11
Bedroom 2
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Bedroom 3
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11x10
Family room
- Level: Main
- Area: 140 Square Feet
- Dimensions: 14x10
Kitchen
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12x10
Laundry
- Features: Tile-Ceramic
- Level: Main
- Area: 40 Square Feet
- Dimensions: 8x5
Living room
- Level: Main
- Area: 187 Square Feet
- Dimensions: 17x11
Heating
- Radiant Ceiling
Cooling
- None
Appliances
- Included: Dishwasher, Exhaust Fan, Electric Oven, Refrigerator
Features
- Has basement: No
Interior area
- Total structure area: 1,276
- Total interior livable area: 1,276 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached, Concrete
- Attached garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
Lot
- Size: 7,405 Square Feet
- Features: Mature Trees
Details
- Additional structures: Storage
- Parcel number: 481028402085000032
- Special conditions: As Is,Estate
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Brick
- Foundation: Block
Condition
- New construction: No
- Year built: 1980
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Earle S Cascaddens
HOA
- Has HOA: No
Location
- Region: Lapel
Financial & listing details
- Price per square foot: $180/sqft
- Tax assessed value: $186,600
- Annual tax amount: $1,687
- Date on market: 7/3/2025
- Cumulative days on market: 6 days
Price history
| Date | Event | Price |
|---|---|---|
| 8/13/2025 | Sold | $229,900$180/sqft |
Source:  MIBOR as distributed by MLS GRID #22036821 Report a problem | ||
| 7/7/2025 | Pending sale | $229,900$180/sqft |
Source: MIBOR as distributed by MLS GRID #22036821 Report a problem | ||
| 7/3/2025 | Listed for sale | $229,900$180/sqft |
Source: MIBOR as distributed by MLS GRID #22036821 Report a problem | ||
| 5/30/2025 | Listing removed | $229,900$180/sqft |
Source: MIBOR as distributed by MLS GRID #22036821 Report a problem | ||
| 5/8/2025 | Pending sale | $229,900$180/sqft |
Source: MIBOR as distributed by MLS GRID #22036821 Report a problem | ||
| 5/6/2025 | Listed for sale | $229,900+30.6%$180/sqft |
Source: MIBOR as distributed by MLS GRID #22036821 Report a problem | ||
| 11/30/2021 | Sold | $176,000+6.7%$138/sqft |
Source: MIBOR as distributed by MLS GRID #21821492 Report a problem | ||
| 11/1/2021 | Pending sale | $165,000$129/sqft |
Source: MIBOR as distributed by MLS GRID #21821492 Report a problem | ||
| 10/28/2021 | Listed for sale | $165,000$129/sqft |
Source: MIBOR as distributed by MLS GRID #21821492 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,687 +9% | $186,600 +10.6% |
| 2024 | $1,548 +15.4% | $168,700 +9.4% |
| 2023 | $1,341 +9.2% | $154,200 +15.5% |
| 2022 | $1,228 +2.8% | $133,500 +9.2% |
| 2021 | $1,195 +2.7% | $122,200 +2.8% |
| 2020 | $1,164 -27.8% | $118,900 +2.7% |
| 2019 | $1,613 +56% | $115,800 +11.6% |
| 2018 | $1,034 | $103,800 +1% |
| 2017 | $1,034 -2.3% | $102,800 |
| 2016 | $1,059 +3.3% | $102,800 +1.9% |
| 2014 | $1,025 | $100,900 |
| 2013 | $1,025 +2.5% | $100,900 +2.5% |
| 2012 | $1,000 | $98,400 +5% |
| 2011 | -- | $93,700 |
| 2010 | $869 -1.4% | $93,700 -5% |
| 2009 | $882 | $98,600 +0.5% |
| 2006 | -- | $98,100 +7.7% |
| 2005 | -- | $91,100 |
Find assessor info on the county website
Neighborhood: 46051
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Nearby schools
GreatSchools rating
- 8/10Lapel Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 6/10Lapel Middle SchoolGrades: 6-8Distance: 0.5 mi
- 9/10Lapel Sr High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Middle: Lapel Middle School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$244,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$244,400
- Indiana
- Madison County
- Lapel
- 46051
- 331 W 5th St
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