505 N Thayer St, Bourbon, IN 46504 Property Records

Marshall County property record for 505 N Thayer St, Bourbon, IN 46504

Property Summary

Property Type	Single Family Home
Details	4 bd · 2 ba · 1,202 sqft · built 1925
Lot Size	0.248 acres (10,836 sqft)
Owner	Individual Name on Record
Last Sale	$135,000 (Dec 2021)
Tax Bill	$932 (2024)
Deeds & Mortgages	Dec 2021 Sale & Mortgage Oct 2018 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`50-34-19-101-314.000-002`

Property Details

APN / Parcel Number

Primary APN	`50-34-19-101-314.000-002`
Alternative APNs	`00254280489` `0130070200`

Interior

Bedrooms	4 Beds
Full Baths	2 Baths
Plumbing Fixtures	8 Plumbing Fixtures
Total Rooms	8 Rooms
Stories	1 Story
Building Area	1,202 sqft Living Area

Exterior

Year Built	Built 1925
Effective Year Built	Effective 1985
Construction Type	Wood
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	80 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central
Sewer	Connected

Location & Zoning

Account Number	00254280489
Street Address	505 N THAYER ST
City	BOURBON
State	IN
Zip	46504-1544
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	ACREAGE: AUDITOR DESC: THAYERS 2ND ADD LOT 69 LEGAL DESC:
Legal Subdivision	THAYERS 2ND ADD
Legal Lot Number	69
Jurisdiction	MARSHALL IN
Township / Civil Division	BOURBON
Census Block Group	1
Census Block	1022
Census Tract	20702

Owner

Source: Marshall County records, as of February 23, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of Record	Individual Name on Record
Mailing Address	505 N THAYER ST, BOURBON, IN 46504-1544
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Dec 10, 2021	Warranty Deed, Transfer · Conventional Mortgage RUOFF MORTGAGE COMPANY INC
Oct 24, 2018	Warranty Deed, Transfer · Conventional Mortgage RUOFF MORTGAGE COMPANY INC

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Dec 10, 2021 · Amount on Record
Deed Sale	Dec 10, 2021 · Amount on Record
Prior Sale	Oct 24, 2018
Deed Document Number	0202108498
Record Updated	Jun 8, 2026

December 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MARSHALL IN
Recording Date	Dec 10, 2021
Property Address	505 N THAYER ST, BOURBON, IN 46504-1544
Document Number	0202108498
Map Reference	MB 1 PG 71
Instrument Date	Dec 7, 2021
Instrument	202108498
Transaction Type	Transfer
Record Updated	Jun 12, 2023

Transaction

Amount	Amount Recorded
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	505 N THAYEERST, BOURBON, IN 46504

Mortgage

Document Number	0202108499
Date	Dec 10, 2021
Instrument	202108499

Lender

Name	RUOFF MORTGAGE COMPANY INC
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Jan 1, 2052

October 2018: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MARSHALL IN
Recording Date	Oct 24, 2018
Property Address	505 N THAYER ST, BOURBON, IN 46504-1544
Document Number	0201805065
Map Reference	MB 1 PG 71
Instrument Date	Oct 10, 2018
Instrument	201805065
Transaction Type	Transfer
Record Updated	Jun 12, 2023
Title Company	METROPOLITAN TITLE/IN LLC, 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 N THAYER ST, BOURBON, IN 46504-1544

Mortgage

Document Number	0201805066
Date	Oct 24, 2018
Instrument	201805066

Lender

Name	RUOFF MORTGAGE COMPANY INC
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Nov 1, 2048

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		$122,300 (+29.69%) Land $18,300 Building $104,000	$122,300 (+29.69%) Land $18,300 Building $104,000
2024	$932.00 (+14.5%)
2023	$814.00 (-7.08%)	$94,300 (+3.97%) Land $20,300 Building $74,000	$94,300 (+3.97%) Land $20,300 Building $74,000
2022	$876.00	$90,700 Land $19,500 Building $71,200	$90,700 Land $19,500 Building $71,200

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	Not 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 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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