1101 N Thayer St, Bourbon, IN 46504 Property Records

Marshall County property record for 1101 N Thayer St, Bourbon, IN 46504

Property Summary

Property Type	Apartments (5+ Units)
Details	3,840 sqft · built 1972
Lot Size	0.79 acres (34,420 sqft)
Owner	Company Name on File
Last Sale	$604,700 (Sep 2021)
Tax Bill	$4,350 (2024)
Deeds & Mortgages	Sep 2021 Sale & Line of Credit Aug 2017 Line of Credit
Flood Zone	Zone X (minimal risk)
APN	`50-34-18-303-038.000-002`

Property Details

APN / Parcel Number

Primary APN	`50-34-18-303-038.000-002`
Alternative APNs	`01860502233` `0130011200`

Interior

Plumbing Fixtures	10 Plumbing Fixtures
Units	12 Units
Stories	2 Stories
Building Area	3,840 sqft Living Area
1st Floor Area	1,920 sqft

Exterior

Year Built	Built 1972
Effective Year Built	Effective 1985
Exterior Material	Concrete Block
Construction Type	Frame
Lot Area	34,420 sqft (0.79 acres)
Lot Dimensions	240 ft deep x 226 ft wide
Shed	1 Shed
Shed Area	112 sqft
Total Buildings	2 Buildings

Location & Zoning

Street Address	1101 N THAYER ST
City	BOURBON
State	IN
Zip	46504-1337
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Legal Description	BEG 128.65FT E SW COR BLK 8 LINNS CON & LOT 8 37E & ADJ LOTCOMB FORM COMB 039 W/038 20PAY21
Legal Subdivision	LINNS CONTINUED ADD
Legal Block	8
Legal Lot Number	8
Jurisdiction	MARSHALL IN
Township / Civil Division	BOURBON
Census Block Group	1
Census Block	1003
Census Tract	20702

Owner

1101 N Thayer St, a residential property, is owned by a company that bought it in September 2021.

Source: Marshall County records, as of April 14, 2026

Owner of Record	Company Name on File
Mailing Address	3441 W WARREN DR, B, WARSAW, IN 46580-8340
Owner Type	Company
Vesting	Limited Liability Company

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Sep 1, 2021	Warranty Deed, Transfer · Line of Credit CROSSROADS BANK
Aug 23, 2017	Personal Representative Deed, Transfer · Line of Credit 1ST SOURCE BANK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Sep 1, 2021 · Amount on File
Deed Sale	Sep 1, 2021 · Amount on File
Prior Sale	Aug 23, 2017 · Amount on File
Deed Document Number	20215904
Record Updated	Jun 8, 2026

September 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MARSHALL IN
Recording Date	Sep 1, 2021
Property Address	1101 N THAYER ST, BOURBON, IN 46504-1337
Document Number	0202105904
Instrument Date	Aug 18, 2021
Instrument	202105904
Transaction Type	Transfer
Record Updated	Feb 14, 2023

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Verified / From Affidavit
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	IN

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	3441 W WARREN DR UNIT B, B, WARSAW, IN 46580-8340

Mortgage

Document Number	0202105905
Date	Sep 1, 2021
Instrument	202105905

Lender

Name	CROSSROADS BANK
Type	Bank

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	239 Months
Due	Aug 15, 2041

Interest

Rate Type	Adjustable Rate

August 2017: Personal Representative Deed, Transfer

Document Type	Personal Representative Deed
Jurisdiction	MARSHALL IN
Recording Date	Aug 23, 2017
Property Address	1101 N THAYER ST, BOURBON, IN 46504-1337
Document Number	0201704378
Instrument Date	Jul 19, 2017
Instrument	201704378
Transaction Type	Transfer
Record Updated	Feb 14, 2023
Title Company	HILTON TITLE, HAMILTON TITLE

Transaction

Tax	$0.00
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name
Address	00000

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	57648 COUNTY ROAD 18, GOSHEN, IN 46528-7054
Investor	Possibly a Property Investor

Mortgage

Document Number	0201704379
Date	Aug 23, 2017
Instrument	201704379

Lender

Name	1ST SOURCE BANK
Type	Bank

Agreement

Type	Line of Credit
Amount	Amount on Record

Tax Assessment & Valuation

Source: Marshall County assessment roll, as of March 11, 2026

Property Jurisdictions

Type	Name
State	Indiana
Municipality	Bourbon Town
County	Marshall County
County Subdivision	Bourbon Township
Unified School District	Triton School Corporation (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$225,400 Land $58,600 Building $166,800	$225,400 Land $58,600 Building $166,800
2024	$4,350.00 (+22.67%)
2023	$3,546.00 (-10.23%)	$177,300 (-10.23%) Land $58,600 Building $118,700	$177,300 (-10.23%) Land $58,600 Building $118,700
2022	$3,950.00	$197,500 Land $58,600 Building $138,900	$197,500 Land $58,600 Building $138,900

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 1101 N Thayer St in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective September 10, 2014

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Wildfire risk around 1101 N Thayer St is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 98% of the US · lower than 85% of Indiana
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	BOURBON WATER DEPARTMENT serves 1,767 people · EPA ID IN5250002
Water Source	Groundwater
Last State Inspection	Aug 2023
Lead	Under 1 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 133 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Surf Internet Fiber	1,000 / 1,000
Mediacom Xtream Cable	1,000 / 50
Verizon Fixed Wireless	300 / 20
Mercury Fiber Fixed Wireless	150 / 20
Fourway Fixed Wireless	100 / 20
T-Mobile Fixed Wireless	100 / 20

May also be available: RTC Communications.

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