505 W Park Ave, Bourbon, IN 46504 Property Records

Marshall County property record for 505 W Park Ave, Bourbon, IN 46504

Property Summary

Property TypeSingle Family Home
Details3 bd · 1 ba · 1,128 sqft · built 1948
Lot Size0.328 acres (14,300 sqft)
Owner2 Individual Names on File
Last Sale$90,800 (Jun 2014)
Tax Bill$1,072 (2024)
Deeds & MortgagesOct 2021 Mortgage
Flood ZoneZone X (minimal risk)
APN50-33-24-203-367.000-002

Property Details

APN / Parcel Number

Primary APN50-33-24-203-367.000-002
Alternative APNs
  • 01648359816
  • 0130171000

Interior

Bedrooms3 Beds
Full Baths1 Bath
Plumbing Fixtures6 Plumbing Fixtures
Total Rooms7 Rooms
Stories1 Story
Building Area1,128 sqft Living Area
1st Floor Area1,128 sqft

Exterior

Year BuiltBuilt 1948
Effective Year BuiltEffective 1985
Construction TypeMasonry / Concrete Block
Foundation TypeNo Foundation
Roof MaterialAsphalt
Lot Area14,300 sqft (0.328 acres)
Lot Dimensions330 ft deep x 130 ft wide
View / LotExtra Front
Garage TypeCarport
Garage Area351 sqft
CarportCarport
Carport Area351 sqft
Parking Spaces1 Parking Space
Shed1 Shed
Shed Area240 sqft

Utilities, Heating & Cooling

Cooling SystemNone
Heating SystemCentral
Heating FuelGas
SewerMunicipal
Water SourceCommercial

Location & Zoning

Street Address505 W PARK AVE
CityBOURBON
StateIN
Zip46504-1148
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionLOT 9 EX E 45, E 25 LOT 11 & LOT 10 WESTWOOD PARK COMB FORM COMB 367,366,& 368 13 PAY 14
Legal SubdivisionWESTWOOD PARK
Legal Lot Number9,11,
JurisdictionMARSHALL IN
Township / Civil DivisionBOURBON
Census Block Group3
Census Block3015
Census Tract20702

Owner

505 W Park Ave is owned and occupied by two individuals who acquired it in June 2014.

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

Owner of Record2 Individual Names on File
Mailing Address505 W PARK AVE, BOURBON, IN 46504-1148
OccupancyOwner Occupied
Owner TypeIndividual

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 Names2 Names on Deed
Last SaleJun 25, 2014 · Amount on File
Deed SaleJun 25, 2014 · Amount on File
Prior SaleDec 12, 2012 · Amount on File
Deed Document Number20142708
Last Transfer DateJun 27, 2014
Transfer Doc0201402878
Record UpdatedJun 8, 2026

October 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARSHALL IN
Property Address505 W PARK AVE, BOURBON, IN 46504-1148
Transaction TypeMortgage
Record UpdatedJan 5, 2024

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0202107098
DateOct 19, 2021
Instrument202107098
Lender
NameFIRST GUARANTY MORTGAGE CORP
TypeMortgage Company
AddressPLANO, TX 75024
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term361 Months
DueNov 1, 2051

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$131,400 Land $22,200 Building $109,200$131,400 Land $22,200 Building $109,200
2024$1,072.00 (+9.28%)
2023$981.00 (-11.46%)$104,300 (+3.06%) Land $23,600 Building $80,700$104,300 (+3.06%) Land $23,600 Building $80,700
2022$1,108.00$101,200 Land $22,800 Building $78,400$101,200 Land $22,800 Building $78,400

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

Flood

FEMA maps place 505 W Park Ave 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

Wildfire risk around 505 W Park Ave is low, with less than a 0.01% annual chance of wildfire.

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

Wildfire RiskLow
lower than 99.1% of the US · lower than 94% of Indiana
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
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 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 39 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
Fourway
Fixed Wireless
100 / 20

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