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Pending
  • $199,900

    413 S Main St, Lapel, IN 46051

    2beds
    2baths
    --sqft
    : 
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    Multi Family, Duplex
    Built in 1951
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Investor opportunity in the heart of Lapel! This well-maintained duplex at 413-415 S Main Street offers a strong rental history and excellent income-producing potential. Whether you're looking to expand your investment portfolio or take advantage of owner-occupancy by living in one unit while renting the other, this property provides flexibility and long-term value. Each unit features 1 bedroom, 1 full bathroom, and a detached 1-car garage, providing comfortable living space and added convenience for tenants or owner-occupants. Utilities are separately metered, making management simple and efficient while allowing tenants to pay their own utility expenses. Ideally located near local amenities, parks, schools, and major commuter routes, this property benefits from established rental demand and multiple ownership opportunities. Don't miss your chance to own a versatile income-producing property with proven rental history and long-term potential.
    8 days
    |
    297
    |
    20
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Ray Podesta 317-538-3226,

    Stone & Gable Realty

    Source: MIBOR as distributed by MLS GRID,MLS#: 22109439MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      Features
      • Has basement: No

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage
      • Garage spaces: 2
      • Details: Unit Parking(1 Car Garage)
      Lot
      • Size: 8,712 Square Feet
      Details
      • Parcel number: 481028401120000032

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Bungalow
      • Property subtype: Multi Family, Duplex
      Condition
      • New construction: No
      • Year built: 1951

      Community & HOA

      Community
      • Subdivision: No Subdivision
      Location
      • Region: Lapel

      Financial & listing details

      • Tax assessed value: $184,600
      • Annual tax amount: $2,688
      • Date on market: 6/21/2026
      • Cumulative days on market: 10 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/24/2026Pending sale$199,900
        Source: MIBOR as distributed by MLS GRID #22109439 Report a problem
        6/21/2026Listed for sale$199,900+45.9%
        Source: MIBOR as distributed by MLS GRID #22109439 Report a problem
        7/31/2020Sold$137,000
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,688 +9.4%$184,600 +37.4%
        2024$2,458 +71.4%$134,400 +9.4%
        2023$1,434 -3.6%$122,900 +71.4%
        2022$1,488 +5.5%$71,700 -3.6%
        2021$1,410 +2.3%$74,400 +5.5%
        2020$1,378 +8.2%$70,500 +2.3%
        2019$1,274 +0.8%$68,900 +8.2%
        2018$1,264 $63,700 +0.8%
        2017$1,264 $63,200
        2016$1,264 -3.5%$63,200 +2.6%
        2014$1,310 $61,600
        2013$1,310 +1.9%$61,600 +2%
        2012$1,286 $60,400 +2.4%
        2011-- $59,000
        2010$1,238 -62%$59,000 +1.4%
        2009$3,258 $58,200 -29.6%
        2006-- $82,700 +39.9%
        2005-- $59,100

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 46051

        Getting around

        51 / 100
        Somewhat Walkable
        36 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Lapel Elementary School
        • Middle: Lapel Middle School
        • High: Lapel Sr High 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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