501 Main St, Shoals, IN 47581 Property Records

Martin County property record for 501 Main St, Shoals, IN 47581

Property Summary

Property Type	Single Family Home
Details	6 bd · 1.5 ba · 2,904 sqft · built 1873
Lot Size	0.165 acres (7,200 sqft)
Owner	Individual Name on Record
Tax Bill	$2,688 (2025)
Deeds & Mortgages	Aug 2026 Transfer Apr 2022 Mortgage + 2 more
Flood Zone	Zone X (minimal risk)
APN	`51-06-30-200-068.000-004`

Property Details

APN / Parcel Number

Primary APN	`51-06-30-200-068.000-004`
Alternative APNs	`00174749212` `0040742001`

Interior

Bedrooms	6 Beds
Full Baths	1.5 Baths
Half Baths	1 Half Bath
Plumbing Fixtures	8 Plumbing Fixtures
Total Rooms	10 Rooms
Stories	2 Stories
Building Area	2,904 sqft Living Area
1st Floor Area	2,904 sqft
Basement Area	333 sqft

Exterior

Year Built	Built 1873
Effective Year Built	Effective 1920
Construction Type	Wood
Foundation Type	No Foundation
Roof Material	Asphalt
Lot Area	7,200 sqft (0.165 acres)
Lot Dimensions	120 ft deep x 60 ft wide

Utilities, Heating & Cooling

Heating System	Central
Heating Fuel	Gas
Sewer	Connected
Water Source	Commercial

Location & Zoning

Account Number	00174749212
Street Address	501 MAIN ST
City	SHOALS
State	IN
Zip	47581-2269
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	SHOALS LOT 142
Legal Subdivision	SHOALS
Legal Lot Number	142
Jurisdiction	MARTIN IN
Township / Civil Division	HALBERT
Census Block Group	1
Census Block	1039
Census Tract	950300

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 2026

Historic District	Within 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.

Owner

Source: Martin County records, as of September 17, 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 Record
Mailing Address	PO BOX 44, SHOALS, IN 47581-0044
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Aug 20, 2026	Quit Claim Deed, Transfer NONE LISTED ON DOCUMENT
Apr 28, 2022	Deed of Trust, Mortgage · Stand-Alone First Mortgage INDUNI CU
Jul 5, 2023	Deed of Trust, Mortgage · Conventional Mortgage INDIANA UNIVERSITY CREDIT UNION
Apr 28, 2022	Warranty Deed, Transfer · Commercial Mortgage SPRINGS VALLEY BANK & TRUST COMPANY

Assessor's Deed Record

Deed Names	Name on Deed
Last Transfer Date	Jul 29, 2026
Transfer Doc	0000001095
Record Updated	Oct 29, 2026

August 2026: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	MARTIN IN
Recording Date	Aug 20, 2026
Property Address	501 MAIN ST, SHOALS, IN 47581-2269
Document Number	0000001095
Instrument Date	Jul 29, 2026
Instrument	20261095
Transaction Type	Transfer
Record Updated	Sep 9, 2026
Title Company	NONE LISTED ON DOCUMENT

Transaction

Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Quitclaim Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name

April 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARTIN IN
Property Address	501 MAIN ST, SHOALS, IN 47581-2269
Transaction Type	Mortgage
Record Updated	Dec 26, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0202200535
Date	Apr 28, 2022
Instrument	202200535

Lender

Name	INDUNI CU

Agreement

Type	Stand-Alone First Mortgage
Amount	Amount Recorded
Term	181 Months
Due	May 1, 2037

July 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARTIN IN
Property Address	501 MAIN ST, SHOALS, IN 47581-2269
Transaction Type	Mortgage
Record Updated	Aug 7, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0202300729
Date	Jul 5, 2023
Instrument	202300729

Lender

Name	INDIANA UNIVERSITY CREDIT UNION
Type	Credit Union

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	11 Months
Due	Jun 15, 2024

Interest

Rate Type	Adjustable Rate

April 2022: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MARTIN IN
Recording Date	Apr 28, 2022
Property Address	501 MAIN ST, SHOALS, IN 47581-2269
Document Number	0202200534
Instrument Date	Apr 22, 2022
Instrument	202200534
Transaction Type	Transfer
Record Updated	May 22, 2023

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Verified / From Affidavit
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	IN

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	4450 PEGGY HOLLOW RD, SHOALS, IN 47581-7363

Mortgage

Document Number	0202200536
Date	Apr 28, 2022
Instrument	202200536

Lender

Name	SPRINGS VALLEY BANK & TRUST COMPANY

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

Tax Assessment & Valuation

Source: Martin County assessment roll, as of June 25, 2026

Property Jurisdictions

Type	Name
State	Indiana
County	Martin County
County Subdivision	Halbert Township
Municipality	Shoals Town
Unified School District	Shoals Community School Corporation (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$2,688.00 (-7.72%)	$133,200 (+17.25%) Land $6,000 Building $127,200	$133,200 (+17.25%) Land $6,000 Building $127,200
2024	$2,913.00 (+238.72%)
2023	$860.00 (+0.47%)	$113,600 Land $5,600 Building $108,000	$113,600 Land $5,600 Building $108,000
2022	$856.00

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

Flood

Source: FEMA National Flood Hazard Layer, effective October 2, 2014 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone AE, within 500 ft
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	4 in force
Nearby Flood Claims	11 (1990–2025)
Most Recent Claim	Apr 2025 · rainfall accumulation
Claims by Event	Severe Winter Storms And Flooding, Jan 2005 · 4 claims

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.

Wildfire

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

Wildfire Risk	Low lower than 95% of the US · lower than 68% of Indiana
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond 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 System	EAST FORK WATER private · serves 3,485 people · EPA ID IN5251004
Water Source	Groundwater
Last State Inspection	Apr 2025
Lead	2 ppb (2022–2024) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	1 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 168 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Sparklight Cable	1,000 / 50

May also be available: Verizon.

Cell Coverage

5G and 4G LTE (outdoors only)

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