403 E 5th St, Lapel, IN 46051 Property Records

Madison County property record for 403 E 5th St, Lapel, IN 46051 · Last verified July 2026

Property Highlights

Property Type	Residential > Single Family > Home
Bedrooms	3 Beds
Bathrooms	2 Baths
Year Built	Built 2005
Square Footage	1,824 sqft Living Area
Lot Size	43,560 sqft (1 acres)
Garage	Detached, 720 sqft
Occupancy	Owner Occupied
Tax Bill	$474.00 (2025)

Property Details

APN / Parcel Number

Primary APN	`48-10-27-300-018.000-032`
Alternative APNs	`00001334203` `311141B`

Interior

Bedrooms	3 Beds
Full Baths	2 Baths
Total Rooms	8 Rooms
Building Area	1,824 sqft Living Area
1st Floor	1,824 sqft 1st Floor
Stories	1 Stories

Exterior

Year Built	Built 2005
Effective Year Built	Effective 2005
Architectural Style	Mobile Home Style
Construction Type	Wood Construction
Foundation Type	No Foundation Foundation
Roof Material	Asphalt Roof
Lot Area	43,560 sqft (1 acres)
Depth X Width	329 ft x 132 ft Depth x Width
Parking Spaces	3 Parking Spaces
Garage Type	Detached Garage
Garage Area	720 sqft Garage

Exterior Amenities

Pool Type	Above-Ground Pool Pool Type
Shed	1 Shed
Shed Area	80 sqft Shed
Deck Area	216 sqft Deck
Patio Area	328 sqft Patio

Utilities and HVAC

Cooling System	Central Cooling
Heating System	Central Heating
Water Source	Yes (Unknown Type) Water Source

Location & Zoning

Account Number	00001334203
Street Address	403 E 5TH ST
City	LAPEL
State	IN
Zip	46051-5000
Property Usage	Residential Property Usage
Type	Residential > Single Family > Home
Legal Description	W2 SW 1.0000ACRES STR: 27196 SECTION: PLAT: 00 IN: OUT:
Jurisdiction	MADISON IN
Minor Civil Division	STONY CREEK
Census Blockgroup	2
Census Block	2046
Census Tract	11100

Owner

Source: Madison County records · APN 48-10-27-300-018.000-032

Assessment roll updated June 23, 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 Record	Individual Name on File
Mailing Address	403 E 5TH ST, LAPEL, IN 46051-5000
Occupancy	Owner Occupied
Owner Type	Owner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Transfer Date	Jul 30, 2015
Transfer Doc	2015R10636
Record Refreshed	Sep 20, 2026

July 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MADISON IN
Recording Date	Jul 16, 2026
Property Address	403 E 5TH ST, LAPEL, IN 46051-5000
Document Number	0000010649
Instrument Date	May 21, 2026
Instrument	202610649
Transaction Type	Mortgage
Record Updated	Jul 22, 2026
Title Company	NONE LISTED ON DOCUMENT

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	403 E 5TH ST, LAPEL, IN 46051-5000

Mortgage

Document Number	0000010649,
Date	Jul 16, 2026
Instrument	202610649

Lender

Name	FIRST MERCHANTS BANK

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	360 Months
Due	May 21, 2056

Interest

Rate Type	Adjustable Rate
Rate	6.23%
Initial Type	Adjustable Rate
Adjustable	Document includes a rider for adjustable-rate mortgage with a specific rate change date.
Max Rate	-1%

Tax Assessment & Valuation

Source: Madison County records · Assessment roll updated June 23, 2026 · Last verified July 2026

Property Jurisdictions

Type	Name
State	Indiana
County	Madison County
County Subdivision	Stony Creek Township
Municipality	Lapel Town
Unified School District	Frankton-Lapel Community Schools (PK - 12)

Tax Bill & Assessment History

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

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$474.00 (-9.89%) Homeowner's exemption	$76,600 (+6.69%) Land $28,200 Building $48,400	$76,600 (+6.69%) Land $28,200 Building $48,400
2024	$526.00 (-19.08%)
2023		$71,800 (+9.62%) Land $26,800 Building $45,000	$71,800 (+9.62%) Land $26,800 Building $45,000
2022	$650.00	$65,500 Land $25,600 Building $39,900	$65,500 Land $25,600 Building $39,900