15161 State Rd 331, Bourbon, IN 46504 Property Records

Marshall County property record for 15161 State Rd 331, Bourbon, IN 46504 · Last verified June 2026

Property Highlights

Property TypeResidential > Single Family > Home
Bedrooms3 Beds
Bathrooms2 Baths
Year BuiltBuilt 1980
Square Footage2,060 sqft Living Area
Lot Size43,560 sqft (1 acres)
OccupancyOwner Occupied
Last Sale$270,800 (2019)
Tax Bill$1,420.00 (2024)

Property Details

APN / Parcel Number

Primary APN50-23-01-000-006.000-012
Alternative APNs
  • 00565674030
  • 0070002000

Interior

Bedrooms3 Beds
Full Baths2 Baths
Plumbing Fixtures10 Plumbing Fixtures
Total Rooms8 Rooms
Building Area2,060 sqft Living Area
Gross Area4,109 sqft Gross Area
1st Floor2,060 sqft 1st Floor
Basement Area1,565 sqft Basement
Stories1 Stories

Exterior

Year BuiltBuilt 1974
Effective Year BuiltEffective 1980
Construction TypeMasonry/Concrete Masonry Units (CMUs) Construction
Foundation TypeNo Foundation Foundation
Roof MaterialAsphalt Roof
Lot Area43,560 sqft (1 acres)
Lot Width1 ft Width
Parking Spaces2 Parking Spaces
Garage TypeAttached Garage
Garage Area484 sqft Garage
Shed1 Shed
Shed Area320 sqft Shed
TopographyRolling Topography

Utilities and HVAC

Cooling SystemCentral Cooling
Heating SystemCentral Heating
Heating FuelGas Heating Fuel

Location & Zoning

Street Address15161 STATE ROAD 331
CityBOURBON
StateIN
Zip46504-9581
Property UsageResidential Property Usage
TypeResidential > Single Family > Home
Legal DescriptionACREAGE: 1 AUDITOR DESC: NE COR NE S ALG E LN 600 BEG W 200 LEGAL DESC:
JurisdictionMARSHALL IN
Minor Civil DivisionTIPPECANOE
Census Blockgroup4
Census Block4012
Census Tract20800

Owner

Source: Marshall County records · APN 50-23-01-000-006.000-012

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

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

Owner of Record2 Individual Names on File
Mailing Address15161 STATE ROAD 331, BOURBON, IN 46504-9581
OccupancyOwner Occupied
Owner TypeOwner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

DateDocument
Jan 13, 2021Deed of Trust, Mortgage · Conventional Mortgage
FIRST FEDERAL SAVINGS BANK
Oct 04, 2019Deed, Transfer · Conventional Mortgage
FIRST FEDERAL SAVINGS BANK
Jul 31, 2018Intrafamily Transfer, Transfer
MERIDIAN TITLE, MERIDIAN TITLE CORP

Assessor's Deed Record

Deed Names2 Verified Names on Deed
Known Transactions
  • Last Sale Amount on Oct 04, 2019
  • Deed Sale Price on Oct 04, 2019
Deed Doc Number20195048
Prior Transfer DateJul 16, 2018
Prior Transfer Doc0201803419
Record RefreshedSep 20, 2026

January 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARSHALL IN
Property Address15161 STATE ROAD 331, BOURBON, IN 46504-9581
Transaction TypeMortgage
Record UpdatedAug 08, 2022

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0202100287
DateJan 13, 2021
Instrument202100287
Lender
NameFIRST FEDERAL SAVINGS BANK
TypeBank
Address48975
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term361 Months
DueFeb 01, 2051

October 2019: Deed, Transfer

Document TypeDeed
JurisdictionMARSHALL IN
Recording DateOct 04, 2019
Property Address15161 STATE ROAD 331, BOURBON, IN 46504-9581
Document Number0201905048
Instrument DateSep 20, 2019
Instrument201905048
Transaction TypeTransfer
Record UpdatedAug 08, 2022

Transaction

Tax$0.00
Additional
  • Arms Length Transaction
  • Multiple parcels conveyed, unknown impact to APN

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address15161 STATE ROAD 331, BOURBON, IN 46504-9581

Mortgage

Document Number0201905049
DateOct 04, 2019
Instrument201905049
Lender
NameFIRST FEDERAL SAVINGS BANK
TypeBank
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term360 Months
DueOct 01, 2049

July 2018: Intrafamily Transfer, Transfer

Document TypeIntrafamily Transfer
JurisdictionMARSHALL IN
Recording DateJul 31, 2018
Property Address15161 STATE ROAD 331, BOURBON, IN 46504-9581
Document Number0201803419
Instrument DateJul 16, 2018
Instrument201803419
Transaction TypeTransfer
Record UpdatedAug 08, 2022
Title CompanyMERIDIAN TITLE, MERIDIAN TITLE CORP

Transaction

Tax$0.00
Additional
  • Interfamily Transfer
  • Multiple parcels conveyed, unknown impact to APN

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipRevocable Living Trust
Address15161 STATE ROAD 331, BOURBON, IN 46504-9581

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateIndiana
CountyMarshall County
County SubdivisionTippecanoe 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$273,700 (+31.33%) Land $32,300 Building $241,400$273,700 (+31.33%) Land $32,300 Building $241,400
2024$1,420.00 (+18.53%)
2023$1,198.00 (+10.11%)$208,400 (+19.56%) Land $31,400 Building $177,000$208,400 (+19.56%) Land $31,400 Building $177,000
2022$1,088.00$174,300 Land $27,300 Building $147,000$174,300 Land $27,300 Building $147,000

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