227 Main St, Shoals, IN 47581 Property Records

Martin County property record for 227 Main St, Shoals, IN 47581

Property Summary

Property TypeApartments (5+ Units)
Details5,040 sqft · built 1978
Lot Size0.165 acres (7,200 sqft)
OwnerCompany Name on File
Tax Bill$6,411 (2025)
Deeds & MortgagesJan 2026 Sale
Apr 2020 Refinance
+ 2 more
Flood ZoneZone X (minimal risk)
APN51-06-30-200-181.000-004

Property Details

APN / Parcel Number

Primary APN51-06-30-200-181.000-004
Alternative APNs
  • 00594999685
  • 0040952015

Interior

Plumbing Fixtures10 Plumbing Fixtures
Units8 Units
Stories2 Stories
Building Area5,040 sqft Total Area
1st Floor Area5,040 sqft

Exterior

Year BuiltBuilt 1978
Effective Year BuiltEffective 1978
Construction TypeWood
Lot Area7,200 sqft (0.165 acres)
Lot Dimensions120 ft deep x 60 ft wide

Utilities, Heating & Cooling

Heating FuelGas
SewerConnected

Location & Zoning

Account Number00594999685
Street Address227 MAIN ST
CitySHOALS
StateIN
Zip47581-5542
Property CategoryResidential
Property TypeResidential > Multi-Unit > Apartments (5+ Units)
Legal DescriptionSHOALS ORIGINAL PLAT LOT 152
Legal Lot Number152
JurisdictionMARTIN IN
Township / Civil DivisionHALBERT
Census Block Group1
Census Block1064
Census Tract950300

Owner

Source: Martin County records · APN 51-06-30-200-181.000-004

Assessment roll updated June 25, 2026 · Last verified July 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 Address12335 S POINTE DR, LOOGOOTEE, IN 47553-5730
Owner TypeCompany
VestingLimited Liability Partnership

Deeds, Mortgages & Sale History

DateDocument
Jan 08, 2026Warranty Deed, Transfer
Apr 03, 2020Deed of Trust, Mortgage · Stand-Alone Refinance
GERMAN AMERICAN BANK
Apr 27, 2022Deed of Trust, Mortgage · Stand-Alone Refinance
GERMAN AMERICAN BANK
Nov 17, 2021Warranty Deed, Transfer · Stand-Alone First Mortgage
GERMAN AMERICAN BANK

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleJan 08, 2026
Deed SaleJan 08, 2026
Prior SaleNov 17, 2021 · Amount on Record
Deed Document Number202645
Record UpdatedSep 20, 2026

January 2026: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMARTIN IN
Recording DateJan 08, 2026
Property Address227 MAIN ST, SHOALS, IN 47581-5542
Document Number0202600045
Instrument DateDec 22, 2025
Instrument202600045
Transaction TypeTransfer
Record UpdatedFeb 10, 2026

Transaction

Tax$0.00
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address12335 SOUTH POINTE DR, LOOGOOTEE, IN 47553-5730
InvestorPossibly a Property Investor

April 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARTIN IN
Property Address227 MAIN ST, SHOALS, IN 47581-5542
Transaction TypeMortgage
Record UpdatedDec 26, 2023

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0202000389
DateApr 03, 2020
Instrument202000389
Lender
NameGERMAN AMERICAN BANK
Agreement
TypeStand-Alone Refinance
AmountAmount Recorded

April 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARTIN IN
Property Address227 MAIN ST, SHOALS, IN 47581-5542
Transaction TypeMortgage
Record UpdatedDec 26, 2023

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0202200522
DateApr 27, 2022
Instrument202200522
Lender
NameGERMAN AMERICAN BANK
Agreement
TypeStand-Alone Refinance
AmountAmount Recorded

November 2021: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMARTIN IN
Recording DateNov 17, 2021
Property Address227 MAIN ST, SHOALS, IN 47581-5542
Document Number0202101738
Instrument DateOct 28, 2021
Instrument202101738
Transaction TypeTransfer
Record UpdatedDec 26, 2023

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$0.00
Amount AccuracyVerified / From Affidavit
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
AddressIN

Transferred To (Grantee/Buyer)

NameVerified Name
Address12335 S POINTE DR, LOOGOOTEE, IN 47553-5730
InvestorPossibly a Property Investor

Mortgage

Document Number0202101739
DateNov 17, 2021
Instrument202101739
Lender
NameGERMAN AMERICAN BANK
Agreement
TypeStand-Alone First Mortgage
AmountAmount Recorded
Term181 Months
DueDec 01, 2036

Tax Assessment & Valuation

Source: Martin County records · Assessment roll updated June 25, 2026 · Last verified July 2026

Property Jurisdictions

TypeName
StateIndiana
CountyMartin County
County SubdivisionHalbert Township
MunicipalityShoals Town
Unified School DistrictShoals Community School Corporation (PK - 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$6,411.00 (+3.87%)$309,700 (+3.93%) Land $8,200 Building $301,500$309,700 (+3.93%) Land $8,200 Building $301,500
2024$6,172.00 (+11.29%)$298,000 (+11.82%) Land $7,900 Building $290,100$298,000 (+11.82%) Land $7,900 Building $290,100
2023$5,546.00 (+11.9%)$266,500 Land $7,700 Building $258,800$266,500 Land $7,700 Building $258,800
2022$4,956.00

Flood & Wildfire

Source: FEMA National Flood Hazard Layer as of October 2, 2014 · FEMA NFIP claims and policies as of September 2026 · USDA Forest Service Wildfire Risk to Communities as of 2024 · Last verified October 2026

Flood

FEMA Flood ZoneZone X
minimal risk
Nearest Special Flood Hazard AreaZone AE, within 500 ft
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies4 in force
Nearby Flood Claims11 (1990–2025)
Most Recent ClaimApr 2025 · rainfall accumulation
Claims by Event
  • Severe Winter Storms And Flooding, Jan 2005 · 4 claims

Wildfire

Wildfire RiskLow
lower than 80% of the US · above 73% of Indiana
Wildfire Likelihood0.01% annual chance
ExposureIndirect
within ember reach

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.

Historic Designation

Source: NPS National Register of Historic Places as of August 1, 2026 · Last verified October 2026

Historic DistrictWithin the Shoals Historic District
listed 2016 · 94 contributing resources · NRIS 16000906

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

Internet Providers

Source: FCC Broadband Data Collection as of December 31, 2025 · Last verified October 2026

ProviderMax Down / Up (Mbps)
Cable One
Cable
1,000 / 50

May also be available: Verizon.

Based on FCC filings for 168 locations within half a mile of this property.

Cell Coverage

5G (outdoors only) and 4G LTE

Drinking Water

Source: EPA Safe Drinking Water Information System as of 2026 Q3 · EPA water system boundaries as of March 2026 · Last verified October 2026

Water SystemEAST FORK WATER
private · serves 3,485 people
Water SourceGroundwater
Last State InspectionApr 2025
Lead2 ppb (2022–2024)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting1
last 3 years

Results are for the whole water system as reported to EPA, 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. The full violation and enforcement history is in the system's EPA record.

Nearby Properties on Main St

Nearby Streets

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