505 Lincoln St, Bourbon, IN 46504 Property Records

Marshall County property record for 505 Lincoln St, Bourbon, IN 46504

Property Summary

Property Type	Single Family Home
Details	3 bd · 1 ba · 1,576 sqft · built 1953
Lot Size	0.248 acres (10,836 sqft)
Owner	Individual Name on Record
Last Sale	$197,500 (Dec 2025)
Tax Bill	$1,266 (2024)
Deeds & Mortgages	May 2020 Mortgage May 2025 Line of Credit + 2 more
Flood Zone	Zone X (minimal risk)
APN	`50-34-19-101-321.000-002`

Property Details

APN / Parcel Number

Primary APN	`50-34-19-101-321.000-002`
Alternative APNs	`00091235703` `0130071600`

Interior

Bedrooms	3 Beds
Full Baths	1 Bath
Plumbing Fixtures	5 Plumbing Fixtures
Total Rooms	8 Rooms
Stories	1 Story
Building Area	1,576 sqft Living Area

Exterior

Year Built	Built 1953
Effective Year Built	Effective 1980
Construction Type	Masonry / Concrete Block
Foundation Type	Raised
Roof Material	Asphalt
Lot Area	10,836 sqft (0.248 acres)
Lot Dimensions	126 ft deep x 86 ft wide
Shed	1 Shed
Shed Area	96 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central
Sewer	Connected

Location & Zoning

Account Number	00091235703
Street Address	505 LINCOLN ST
City	BOURBON
State	IN
Zip	46504-1519
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	ACREAGE: AUDITOR DESC: THAYERS 2ND ADD LOT 100 LEGAL DESC: LOT 100 THAYERS CO NT 2ND ADD
Legal Subdivision	THAYERS 2ND ADD
Legal Lot Number	100
Jurisdiction	MARSHALL IN
Township / Civil Division	BOURBON
Census Block Group	1
Census Block	1011
Census Tract	20702

Owner

Source: Marshall County records, as of February 23, 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
Co-owner	Co-owner on Record
Mailing Address	505 LINCOLN ST, BOURBON, IN 46504-1519
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
May 21, 2020	Deed of Trust, Mortgage · Conventional Mortgage FIRST FEDERAL SAVINGS BANK
May 28, 2025	Deed of Trust, Mortgage · Line of Credit FIRST MERCHANTS BANK
Dec 9, 2025	Warranty Deed, Transfer · Conventional Mortgage UNION HOME MORTGAGE CORP
Dec 19, 2014	Deed, Transfer · Conventional Mortgage RUOFF MORTGAGE COMPANY INC

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Dec 9, 2025 · Amount on Record
Deed Sale	Dec 9, 2025 · Amount on Record
Prior Sale	Dec 19, 2014
Deed Document Number	202505945
Record Updated	Jun 8, 2026

May 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARSHALL IN
Property Address	505 LINCOLN ST, BOURBON, IN 46504-1519
Transaction Type	Mortgage
Record Updated	Feb 13, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0202002621
Date	May 21, 2020
Instrument	202002621

Lender

Name	FIRST FEDERAL SAVINGS BANK
Type	Bank
Address	ROCHESTER, IN 46975

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	181 Months
Due	Jun 1, 2035

May 2025: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARSHALL IN
Property Address	505 LINCOLN ST, BOURBON, IN 46504-1519
Transaction Type	Mortgage
Record Updated	Feb 13, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	505 LINCOLN ST, BOURBON, IN 46504-1519

Mortgage

Document Number	0202502192
Date	May 28, 2025
Instrument	202502192

Lender

Name	FIRST MERCHANTS BANK
Type	Bank
Address	BOURBON, IN 46504

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	360 Months
Due	May 2, 2055

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

December 2025: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MARSHALL IN
Recording Date	Dec 9, 2025
Property Address	505 LINCOLN ST, BOURBON, IN 46504-1519
Document Number	0202505945
Map Reference	MB 1 PG 72
Instrument Date	Dec 3, 2025
Instrument	202505945
Transaction Type	Transfer
Record Updated	Feb 13, 2026

Transaction

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

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	505 LINCOLN ST, BOURBON, IN 46504-1519

Mortgage

Document Number	0202505946
Date	Dec 9, 2025
Instrument	202505946

Lender

Name	UNION HOME MORTGAGE CORP
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Dec 1, 2055

December 2014: Deed, Transfer

Document Type	Deed
Jurisdiction	MARSHALL IN
Recording Date	Dec 19, 2014
Property Address	505 LINCOLN ST, BOURBON, IN 46504-1519
Document Number	0201405948
Map Reference	MB1 PG72
Instrument Date	Dec 10, 2014
Instrument	201405948
Transaction Type	Transfer
Record Updated	Feb 13, 2026
Title Company	METROPOLITAN TITLE IN LLC

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	505 LINCOLN ST, BOURBON, IN 46504-1519

Mortgage

Document Number	0201405949
Date	Dec 19, 2014
Instrument	201405949

Lender

Name	RUOFF MORTGAGE COMPANY INC
Type	Mortgage Company
Address	FORT WAYNE, IN 46825

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Jan 1, 2045

Tax Assessment & Valuation

Source: Marshall County assessment roll, as of July 1, 2025

Property Jurisdictions

Type	Name
State	Indiana
Municipality	Bourbon Town
County	Marshall County
County Subdivision	Bourbon Township
Unified School District	Triton School Corporation (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$134,800 (+8.1%) Land $18,300 Building $116,500	$134,800 (+8.1%) Land $18,300 Building $116,500
2024	$1,266.00 (+4.03%) Homeowner's exemption	$124,700 (+3.92%) Land $21,100 Building $103,600	$124,700 (+3.92%) Land $21,100 Building $103,600
2023	$1,217.00 (+6.29%)	$120,000 (+3.99%) Land $20,300 Building $99,700	$120,000 (+3.99%) Land $20,300 Building $99,700
2022	$1,145.00	$115,400 Land $19,500 Building $95,900	$115,400 Land $19,500 Building $95,900

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 September 10, 2014

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; 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 96% of the US · lower than 73% 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	BOURBON WATER DEPARTMENT serves 1,767 people · EPA ID IN5250002
Water Source	Groundwater
Last State Inspection	Aug 2023
Lead	Under 1 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None 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

Provider	Max 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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