14278 Elm Rd, Bourbon, IN 46504 Property Records

Marshall County property record for 14278 Elm Rd, Bourbon, IN 46504

Property Summary

Property Type	Farm - Irrigated or Dry
Details	3 bd · 2.5 ba · 4,604 sqft · built 1900
Lot Size	80 acres (3,484,800 sqft)
Owner	2 Individual Names on Record
Tax Bill	$4,979 (2024)
Deeds & Mortgages	Jun 2026 Line of Credit Oct 2022 Transfer
Flood Zone	Zone X (minimal risk)
APN	`50-33-36-000-001.000-012`

Property Details

APN / Parcel Number

Primary APN	`50-33-36-000-001.000-012`
Alternative APNs	`02009201262` `0070186200`

Interior

Bedrooms	3 Beds
Full Baths	2.5 Baths
Half Baths	1 Half Bath
Plumbing Fixtures	11 Plumbing Fixtures
Total Rooms	9 Rooms
Stories	2 Stories
Building Area	4,604 sqft Gross Area
Basement Area	1,008 sqft

Exterior

Year Built	Built 1900
Effective Year Built	Effective 1980
Construction Type	Frame
Foundation Type	No Foundation
Roof Material	Asphalt
Lot Area	3,484,800 sqft (80 acres)
Garage Type	Detached
Garage Area	1,218 sqft
Parking Spaces	4 Parking Spaces
Porch	Open Frame Porch
Granary	907 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central
Heating Fuel	Gas

Location & Zoning

Street Address	14278 ELM RD
City	BOURBON
State	IN
Zip	46504-9540
Property Category	Agriculture or Farming
Property Type	Agriculture / Farming > Farm - Irrigated or Dry
Legal Description	ACREAGE: 80 AUDITOR DESC: W1/2 NW LEGAL DESC:
Jurisdiction	MARSHALL IN
Township / Civil Division	TIPPECANOE
Census Block Group	4
Census Block	4003
Census Tract	20800

Owner

Source: Marshall County records, as of March 11, 2026

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

Owner of Record	2 Individual Names on Record
Mailing Address	14278 ELM RD, BOURBON, IN 46504-9540
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Jun 16, 2026	Deed of Trust, Mortgage · Line of Credit FIRST MERCHANTS BANK
Oct 24, 2022	Transfer on Death Deed, Transfer

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Transfer Date	Oct 21, 2022
Transfer Doc	0202205835
Record Updated	Sep 20, 2026

June 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARSHALL IN
Recording Date	Jun 16, 2026
Property Address	14278 ELM RD, BOURBON, IN 46504-9540
Document Number	0000003099
Instrument Date	May 11, 2026
Instrument	20263099
Transaction Type	Mortgage
Record Updated	Jul 12, 2026
Title Company	NONE LISTED ON DOCUMENT

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	14278 ELM RD, BOURBON, IN 46504-9540

Mortgage

Document Number	0000003099,
Date	Jun 16, 2026
Instrument	20263099

Lender

Name	FIRST MERCHANTS BANK

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	360 Months
Due	May 11, 2056

Interest

Rate Type	Adjustable Rate
Rate	6.37%
Initial Type	Adjustable Rate
Adjustable	Adjustable Rate Rider
Max Rate	-1%

October 2022: Transfer on Death Deed, Transfer

Document Type	Transfer on Death Deed
Jurisdiction	MARSHALL IN
Recording Date	Oct 24, 2022
Property Address	14278 ELM RD, BOURBON, IN 46504-9540
Document Number	0202205835
Instrument Date	Oct 21, 2022
Instrument	202205835
Transaction Type	Transfer
Record Updated	Nov 3, 2022

Transaction

Tax	$0.00
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	14278 ELM RD, BOURBON, IN 46504-9540

Tax Assessment & Valuation

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

Property Jurisdictions

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

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$541,900 (+26.43%) Land $202,600 Building $339,300	$541,900 (+26.43%) Land $202,600 Building $339,300
2024	$4,979.00 (+21.03%)
2023	$4,114.00 (+3.6%)	$428,600 (+11.18%) Land $184,500 Building $244,100	$428,600 (+11.18%) Land $184,500 Building $244,100
2022	$3,971.00	$385,500 Land $148,600 Building $236,900	$385,500 Land $148,600 Building $236,900

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

Flood

Source: FEMA National Flood Hazard Layer, effective September 10, 2014 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	2 in force
Nearby Flood Claims	2 (2011–2018)
Claims Outside the SFHA	1 of 2
Most Recent Claim	Feb 2018 · Severe Storms And Flooding

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

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

Wildfire Risk	Not rated no burnable land within ember reach

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

Internet Providers

Source: FCC Broadband Data Collection, based on 4 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
RTC Communications Fiber	1,000 / 1,000
Fourway Fixed Wireless	100 / 20

May also be available: Mercury Fiber.

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