16139 State Rd 331, Bourbon, IN 46504 Property Records

Marshall County property record for 16139 State Rd 331, Bourbon, IN 46504 · Last verified April 2026

Property Highlights

Property TypeAgriculture / Farming > Farm - Irrigated or Dry
Bedrooms3 Beds
Bathrooms1 Baths
Year BuiltBuilt 1980
Square Footage1,851 sqft Gross Area
Lot Size60,548 sqft (1.39 acres)
OccupancyOwner Occupied
Last Sale$149,000 (2017)
Tax Bill$814.00 (2024)

Owner

Source: Marshall County records · APN 50-23-12-000-006.003-012

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 RecordIndividual Name on File
Mailing Address16139 STATE ROAD 331, BOURBON, IN 46504-9555
OccupancyOwner Occupied
Owner TypeOwner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

DateDocument
Sep 25, 2020Deed of Trust, Mortgage · Conventional Mortgage
RUOFF MORTGAGE COMPANY INC
Nov 20, 2017Warranty Deed, Transfer · Conventional Mortgage
RUOFF MORTGAGE COMPANY INC

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleNov 20, 2017 · Amount on Record
Deed SaleNov 20, 2017 · Amount on Record
Prior SaleJan 11, 2005 · Amount on Record
Deed Doc Number20176036
Prior Transfer DateMay 10, 2013
Prior Transfer Doc0201303140
Record RefreshedJun 08, 2026

September 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARSHALL IN
Property Address16139 STATE ROAD 331, BOURBON, IN 46504-9555
Transaction TypeMortgage
Record UpdatedJun 12, 2023
Title CompanyCENTURION LAND TITLE INC

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0202005839
DateSep 25, 2020
Instrument202005839
Lender
NameRUOFF MORTGAGE COMPANY INC
TypeMortgage Company
AddressFORT WAYNE, IN 46804
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term361 Months
DueOct 01, 2050

November 2017: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMARSHALL IN
Recording DateNov 20, 2017
Property Address16139 STATE ROAD 331, BOURBON, IN 46504-9555
Document Number0201706036
Instrument DateNov 01, 2017
Instrument201706036
Transaction TypeTransfer
Record UpdatedJun 12, 2023

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$0.00
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name
Address00000

Transferred To (Grantee/Buyer)

NameVerified Name
Address16139 STATE ROAD 331, BOURBON, IN 46504-9555

Mortgage

Document Number0201706037
DateNov 20, 2017
Instrument201706037
Lender
NameRUOFF MORTGAGE COMPANY INC
TypeMortgage Company
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term361 Months
DueDec 01, 2047
Interest

Tax Assessment & Valuation

Source: Marshall County records · Assessment roll updated March 11, 2026 · Last verified April 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$173,500 (+26.27%) Land $33,000 Building $140,500$173,500 (+26.27%) Land $33,000 Building $140,500
2024$814.00 (+18.31%)
2023$688.00 (+7.17%)$137,400 (+13.74%) Land $32,000 Building $105,400$137,400 (+13.74%) Land $32,000 Building $105,400
2022$642.00$120,800 Land $27,800 Building $93,000$120,800 Land $27,800 Building $93,000

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
Flood HazardMinimal
500-Year FloodplainNo
Special Flood Hazard AreaNo

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.

Property Details

APN / Parcel Number

Primary APN50-23-12-000-006.003-012
Alternative APNs
  • 00516427641
  • 0072140300

Interior

Bedrooms3 Beds
Full Baths1 Baths
Plumbing Fixtures5 Plumbing Fixtures
Total Rooms7 Rooms
Building Area1,851 sqft Gross Area
1st Floor1,532 sqft 1st Floor
Basement Area319 sqft Basement
Stories1 Stories

Exterior

Year BuiltBuilt 1875
Effective Year BuiltEffective 1980
Construction TypeFrame Construction
Foundation TypeNo Foundation Foundation
Roof MaterialAsphalt Roof
Lot Area60,548 sqft (1.39 acres)
Parking Spaces1 Parking Spaces
Garage TypeDetached Garage
Garage Area320 sqft Garage
Lean-To640 sqft Lean-To

Utilities and HVAC

Cooling SystemCentral Cooling
Heating SystemCentral Heating

Location & Zoning

Street Address16139 STATE ROAD 331
CityBOURBON
StateIN
Zip46504-9555
Property UsageAgriculture or Farming Property Usage
TypeAgriculture / Farming > Farm - Irrigated or Dry
Legal DescriptionACREAGE: 1.39 PRT NE1/4 SEC 12 COMAT NE COR NE1/4 TH S0W 718.08 AT POB TH CONT S0W 210 TH N89-59-42W 288.63 TH N0E 210 TH S89-59-42E 288.63 TO POB
JurisdictionMARSHALL IN
Minor Civil DivisionTIPPECANOE
Census Blockgroup4
Census Block4020
Census Tract20800

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