12340 Elm Rd, Bourbon, IN 46504 Property Records

Marshall County property record for 12340 Elm Rd, Bourbon, IN 46504 · Last verified April 2026

Property Summary

Property TypeLight Industrial
Details171,112 sqft · built 1972
Lot Size54.2 acres (2,364,437 sqft)
OwnerCompany Name on File
Last Sale$2,187,500 (Oct 2021)
Tax Bill$48,670 (2024)
Deeds & MortgagesMar 2022 Mortgage
Oct 2021 Mortgage
Flood ZoneZone X (minimal risk)
APN50-33-24-103-413.000-002

Property Details

APN / Parcel Number

Primary APN50-33-24-103-413.000-002
Alternative APNs
  • 01765399157
  • 0130179800

Interior

Plumbing Fixtures5 Plumbing Fixtures
Stories1 Story
Building Area171,112 sqft Gross Area
1st Floor Area171,112 sqft

Exterior

Year BuiltBuilt 1972
Effective Year BuiltEffective 1980
Exterior MaterialAluminum/Vinyl
Construction TypeMasonry / Concrete Block
Fire ResistanceMasonry Walls, Wood Interior
Lot Area2,364,437 sqft (54.2 acres)
Garage Area40,740 sqft
PorchEnclosed Frame Porch
Silo113 sqft
Total Buildings2 Buildings

Location & Zoning

Street Address12340 ELM RD
CityBOURBON
StateIN
Zip46504-9608
Property CategoryIndustrial
Property TypeIndustrial > Light Industrial
Legal DescriptionACREAGE: 54.28 AUDITOR DESC: SW COR NW1/4 NLY ALG W LN 1367.2 S LEGAL DESC: P P 213-21011-00
JurisdictionMARSHALL IN
Township / Civil DivisionBOURBON
Census Block Group3
Census Block3019
Census Tract20702

Owner

Source: Marshall County records · APN 50-33-24-103-413.000-002

Assessment roll updated March 11, 2026 · Last verified April 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on File
Mailing Address12340 ELM RD, BOURBON, IN 46504-9608
Owner TypeCompany
VestingLimited Liability Company

Deeds, Mortgages & Sale History

DateDocument
Mar 25, 2022Deed of Trust, Mortgage · SBA Mortgage
PREMIER CAPITAL CORPORATION
Oct 20, 2021Special Warranty Deed, Transfer · Commercial Mortgage
AMERICAN COMMERCIAL BANK & TRUST

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleOct 20, 2021 · Amount on Record
Deed SaleOct 20, 2021 · Amount on Record
Prior SaleNov 15, 2007
Deed Document Number20217177
Record UpdatedJun 08, 2026

March 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARSHALL IN
Property Address12340 ELM RD, BOURBON, IN 46504-9608
Transaction TypeMortgage
Record UpdatedApr 06, 2022

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0202201729
DateMar 25, 2022
Instrument202201729
Lender
NamePREMIER CAPITAL CORPORATION
TypeNon-Lending Institution
AddressINDIANAPOLIS, IN 46204
Agreement
TypeSBA Mortgage
AmountAmount Recorded
Term241 Months
DueApr 01, 2042

October 2021: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionMARSHALL IN
Recording DateOct 20, 2021
Property Address12340 ELM RD, BOURBON, IN 46504-9608
Document Number202107177
Instrument DateOct 05, 2021
Instrument202107177
Transaction TypeTransfer
Record UpdatedNov 02, 2021
Title CompanyMETROPOLITAN TITLE CORPORATION, METROPOLITAN TITLE OFIN

Transaction

Tax$0.00
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address1851 FOX FARM RD, WARSAW, IN 46580-2142

Mortgage

Document Number202107178
DateOct 20, 2021
Instrument202107178
Lender
NameAMERICAN COMMERCIAL BANK & TRUST
TypeNon-Lending Institution
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

Tax Assessment & Valuation

Source: Marshall County records · Assessment roll updated March 11, 2026 · Last verified April 2026

Property Jurisdictions

TypeName
StateIndiana
MunicipalityBourbon Town
CountyMarshall County
County SubdivisionBourbon Township
Unified School DistrictTriton School Corporation (KG - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

YearTax BillAssessed ValueAssessed Market Value
2025$4,513,700 (+169.12%) Land $510,700 Building $4,003,000$4,513,700 (+169.12%) Land $510,700 Building $4,003,000
2024$48,670.00 (-0.08%)
2023$48,710.00 (-36.62%)$1,677,200 (+0.05%) Land $510,700 Building $1,166,500$1,677,200 (+0.05%) Land $510,700 Building $1,166,500
2022$76,849.00$1,676,400 Land $510,700 Building $1,165,700$1,676,400 Land $510,700 Building $1,165,700

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Marshall County (18099C), updated September 10, 2014 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood ZoneZone X
Special Flood Hazard AreaNo
Flood HazardMinimal
500-Year FloodplainNo

Wildfire

Wildfire RiskNot rated
no burnable land in reach
Wildfire LikelihoodNegligible
ExposureNone
beyond ember reach

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

Internet Providers

Source: FCC Broadband Data Collection, availability as of December 31, 2025 · Published October 2026 · based on 39 locations within about half a mile of this property

ProviderTechnologyDownload / Upload (Mbps)
Surf Air WirelessFiber1,000 / 1,000
Mediacom CommunicationsCable1,000 / 50
VerizonFixed Wireless300 / 20
Fourway Computer ProductsFixed Wireless (licensed-by-rule)100 / 20

May also be available at this address: Fourway Computer Products. Availability varies by address; speeds are provider-advertised maximums, not measured.

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