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501 N Thayer St, Bourbon, IN 46504 Property Records

Marshall County property record for 501 N Thayer St, Bourbon, IN 46504

Property Summary

Property TypeSingle Family Home
Details3 bd · 2 ba · 1,496 sqft · built 1940
Lot Size0.249 acres (10,836 sqft)
OwnerIndividual Name on File
Last Sale$145,302 (Dec 2020)
Tax Bill$1,525 (2024)
Deeds & MortgagesDec 2020 Mortgage
Flood ZoneZone X (minimal risk)
APN50-34-19-101-316.000-002

Property Details

APN / Parcel Number

Primary APN50-34-19-101-316.000-002
Alternative APNs
  • 01975838877
  • 0130070600

Interior

Bedrooms3 Beds
Full Baths2 Baths
Plumbing Fixtures8 Plumbing Fixtures
Total Rooms9 Rooms
Stories1 Story
Building Area1,496 sqft Living Area
Gross Area2,560 sqft
1st Floor Area1,496 sqft
Basement Area544 sqft

Exterior

Year BuiltBuilt 1940
Effective Year BuiltEffective 1985
Construction TypeFrame
Foundation TypeNo Foundation
Roof MaterialAsphalt
Lot Area10,836 sqft (0.249 acres)
Lot Dimensions126 ft deep x 86 ft wide
View / LotAlley
Garage TypeAttached
Garage Area520 sqft
Parking Spaces2 Parking Spaces
Pool Area392 sqft
Shed1 Shed
Shed Area192 sqft

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemCentral
Heating FuelGas
SewerMunicipal
Water SourceCommercial

Location & Zoning

Street Address501 N THAYER ST
CityBOURBON
StateIN
Zip46504-1544
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionACREAGE: AUDITOR DESC: THAYERS 2ND ADD LOT 70 LEGAL DESC: LOT 70 THAYERS 2ND ADD
Legal SubdivisionTHAYERS 2ND ADD
Legal Lot Number70
JurisdictionMARSHALL IN
Township / Civil DivisionBOURBON
Census Block Group1
Census Block1022
Census Tract20702

Owner

501 N Thayer St is owned and occupied by an individual who bought it in December 2020.

Source: Marshall County records, as of March 11, 2026

Owner of RecordIndividual Name on File
Mailing Address501 N THAYER ST, BOURBON, IN 46504-1544
OccupancyOwner Occupied
Owner TypeIndividual
VestingRight of Survivorship

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 SaleDec 4, 2020 · Amount on File
Deed SaleDec 4, 2020 · Amount on File
Prior SaleAug 13, 2002 · Amount on File
Deed Document Number20207548
Prior Transfer DateNov 9, 2012
Prior Transfer Doc0201207406
Record UpdatedJun 8, 2026

December 2020: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMARSHALL IN
Recording DateDec 4, 2020
Property Address501 N THAYER ST, BOURBON, IN 46504-1544
Document Number0202007548
Map ReferenceMB 1 PG 71
Instrument DateNov 30, 2020
Instrument202007548
Transaction TypeTransfer
Record UpdatedAug 8, 2022
Title CompanyMETROPOLITAN TITLE/IN LLC, METROPOLITAN TITLE OF IN LLC

Transaction

Tax$0.00
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipRight of Survivorship
Address501 N THAYER ST, BOURBON, IN 46504-1544

Mortgage

Document Number0202007549
DateDec 4, 2020
Instrument202007549
Lender
NameCARDINAL FINANCIAL COMPANY LP
TypeMortgage Company
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term360 Months
DueDec 1, 2050

Tax Assessment & Valuation

Source: Marshall County assessment roll, as of March 11, 2026

Property Jurisdictions

TypeName
StateIndiana
MunicipalityBourbon Town
CountyMarshall County
County SubdivisionBourbon Township
Unified School DistrictTriton School Corporation (KG - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$177,900 Land $18,300 Building $159,600$177,900 Land $18,300 Building $159,600
2024$1,525.00 (+3.81%)
2023$1,469.00 (+19.53%)$146,900 (+16.96%) Land $20,300 Building $126,600$146,900 (+16.96%) Land $20,300 Building $126,600
2022$1,229.00 Homeowner's exemption$125,600 Land $19,500 Building $106,100$125,600 Land $19,500 Building $106,100

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

Flood

FEMA maps place 501 N Thayer St in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective September 10, 2014

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 501 N Thayer St 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 SystemBOURBON WATER DEPARTMENT
serves 1,767 people · EPA ID IN5250002
Water SourceGroundwater
Last State InspectionAug 2023
LeadUnder 1 ppb (2023–2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
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 133 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Surf Internet
Fiber		1,000 / 1,000
Mediacom Xtream
Cable		1,000 / 50
Verizon
Fixed Wireless		300 / 20
Mercury Fiber
Fixed Wireless		150 / 20
Fourway
Fixed Wireless		100 / 20
T-Mobile
Fixed Wireless		100 / 20

May also be available: RTC Communications.

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