207 Busby Rd, Lapel, IN 46051 Property Records

Madison County property record for 207 Busby Rd, Lapel, IN 46051

Property Summary

Property TypeSingle Family Home
Details3 bd · 1 ba · 1,040 sqft · built 1975
Lot Size0.175 acres (7,605 sqft)
OwnerIndividual Name on File
Last Sale$75,000 (Sep 2017)
Tax Bill$2,050 (2025)
Deeds & MortgagesSep 2017 Mortgage
Flood ZoneZone X (minimal risk)
APN48-10-28-101-082.000-032

Property Details

APN / Parcel Number

Primary APN48-10-28-101-082.000-032
Alternative APNs
  • 00001331663
  • 3111765

Interior

Bedrooms3 Beds
Full Baths1 Bath
Plumbing Fixtures5 Plumbing Fixtures
Total Rooms5 Rooms
Stories1 Story
Building Area1,040 sqft Living Area
1st Floor Area1,040 sqft

Exterior

Year BuiltBuilt 1975
Effective Year BuiltEffective 1975
Construction TypeWood
Roof MaterialAsphalt
Lot Area7,605 sqft (0.175 acres)
Lot Dimensions117 ft deep x 65 ft wide
Garage TypeAttached
Garage Area312 sqft
Parking Spaces1 Parking Space
PorchPorch
Porch Area168 sqft
Patio Area144 sqft

Utilities, Heating & Cooling

Heating SystemCentral

Location & Zoning

Account Number00001331663
Street Address207 BUSBY RD
CityLAPEL
StateIN
Zip46051-9776
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionMEADOWS 0.0000ACRES STR: 00000 SECTION: 03 PLAT: 00 IN: OUT:
Legal SubdivisionMEADOWS SEC 03
JurisdictionMADISON IN
Township / Civil DivisionSTONY CREEK
Census Block Group2
Census Block2011
Census Tract11100

Owner

207 Busby Rd is owned by an individual who bought it in September 2017.

Source: Madison County records, as of June 23, 2026

Owner of RecordIndividual Name on File
Mailing Address3054 HICKORY LN, LAPEL, IN 46051-9540
Owner TypeIndividual

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

Assessor's Deed Record

Deed NamesName on Deed
Last SaleSep 22, 2017 · Amount on File
Deed SaleSep 22, 2017 · Amount on File
Deed Document Number20174615882
Record UpdatedSep 20, 2026

September 2017: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMADISON IN
Property Address207 BUSBY RD, LAPEL, IN 46051-9776
Transaction TypeMortgage
Record UpdatedOct 10, 2017

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number, 2017R13282
DateSep 25, 2017
Instrument2017R13282
Lender
NameWAYNE BANK & TRUST CO
TypeBank
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term180 Months
DueOct 5, 2032
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

The 2025 property tax bill for 207 Busby Rd was $2,050, up 12.8% from the year before.

Source: Madison County assessment roll, as of June 23, 2026

Property Jurisdictions

TypeName
StateIndiana
CountyMadison County
County SubdivisionStony Creek Township
MunicipalityLapel Town
Unified School DistrictFrankton-Lapel Community Schools (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$2,050.00 (+12.76%)$102,500 Land $13,500 Building $89,000$102,500 Land $13,500 Building $89,000
2024$1,818.00
2023$83,500 (-1.07%) Land $12,900 Building $70,600$83,500 (-1.07%) Land $12,900 Building $70,600
2022$1,688.00$84,400 Land $12,500 Building $71,900$84,400 Land $12,500 Building $71,900

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

Flood

FEMA maps place 207 Busby Rd in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective August 10, 2019

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

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

Wildfire

The area around 207 Busby Rd has no burnable land within ember reach, so its wildfire risk is not rated.

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

Wildfire RiskNot rated
no burnable land within 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 SystemLAPEL MUNICIPAL WATER COMPANY
serves 2,379 people · EPA ID IN5248013
Water SourceGroundwater
Last State InspectionAug 2025

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNo certified operator
Feb 2023
Monitoring and Reporting1
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 479 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Brightspeed
Fiber
2,000 / 2,000
On-Ramp Indiana
Fiber · Fixed Wireless
1,000 / 1,000
Mercury Fiber
Fixed Wireless
150 / 20
BridgeMAXX Suncoast Broadband
Fixed Wireless
100 / 20

May also be available: AT&T, Spectrum, T-Mobile, Verizon.

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