506 S Main St, Bourbon, IN 46504 Property Records

Marshall County property record for 506 S Main St, Bourbon, IN 46504

Property Summary

Property TypeSingle Family Home
Details4 bd · 2 ba · 3,900 sqft · built 1875
Lot Size0.385 acres (16,770 sqft)
Owner2 Individual Names on File
Last Sale$400,995 (May 2026)
Tax Bill$2,734 (2025)
Deeds & MortgagesJun 2015 Line of Credit
Oct 2006 Second Mortgage
+ 2 more
Flood ZoneZone X (minimal risk)
APN50-33-24-404-298.000-002

Property Details

APN / Parcel Number

Primary APN50-33-24-404-298.000-002
Alternative APNs
  • 01345175746
  • 0130158600

Interior

Bedrooms4 Beds
Full Baths2 Baths
Plumbing Fixtures8 Plumbing Fixtures
Total Rooms11 Rooms
Stories2 Stories
Building Area3,900 sqft Living Area
Gross Area4,893 sqft
1st Floor Area2,474 sqft
AtticAttic
Attic Area2,852 sqft
Basement Area993 sqft
Family RoomFamily Room

Exterior

Year BuiltBuilt 1875
Effective Year BuiltEffective 1980
Construction TypeFrame
Foundation TypeNo Foundation
Roof MaterialMetal
Lot Area16,770 sqft (0.385 acres)
Lot Dimensions258 ft deep x 65 ft wide
Garage TypeDetached
Garage Area1,064 sqft
Parking Spaces4 Parking Spaces
Pool TypeAbove-Ground Pool
Pool Area530 sqft

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemCentral
Heating FuelGas
SewerMunicipal
Water SourceCommercial

Location & Zoning

Street Address506 S MAIN ST
CityBOURBON
StateIN
Zip46504-1723
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionACREAGE: AUDITOR DESC: MCCRUM & BLANDS ADD EX W 16.5 LOT 2 LEGAL DESC: LOT 2 IN MCCRUMS & BLANDS ADD EXCEPT WEST 16.5 THEREOF WHICH IS RESERVED FOR STREET P URPOSES FOR THE USE & BENEFIT OF THE OWNERS IN SD ADD
Legal SubdivisionMCCRUM & BLANDS ADD
Legal Lot Number2
JurisdictionMARSHALL IN
Township / Civil DivisionBOURBON
Census Block Group3
Census Block3036
Census Tract20702

Owner

Source: Marshall County records · APN 50-33-24-404-298.000-002

Assessment roll updated March 11, 2026 · Last verified June 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record2 Individual Names on File
Mailing Address506 S MAIN ST, BOURBON, IN 46504-1723
OccupancyOwner Occupied
Owner TypeIndividual
VestingHusband and Wife

Deeds, Mortgages & Sale History

DateDocument
Jun 29, 2015Deed of Trust, Mortgage · Line of Credit
LAKE CITY BANK
Oct 18, 2006Deed of Trust, Mortgage · Stand-Alone Second Mortgage
OPTION ONE MORTGAGE CORP
May 28, 2026Warranty Deed, Transfer · Conventional Mortgage
LAKE CITY BANK
Dec 11, 2018Warranty Deed, Transfer · Conventional Mortgage
GVC MORTGAGE INC

Assessor's Deed Record

Deed Names2 Verified Names on Deed
Last SaleMay 28, 2026 · Amount on Record
Deed SaleMay 28, 2026 · Amount on Record
Prior SaleDec 11, 2018 · Amount on Record
Deed Document Number20262727
Record UpdatedSep 20, 2026

June 2015: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARSHALL IN
Property Address506 S MAIN ST, BOURBON, IN 46504-1723
Transaction TypeMortgage
Record UpdatedJun 16, 2026

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0201503137
DateJun 29, 2015
Instrument201503137
Lender
NameLAKE CITY BANK
TypeBank
AddressWARSAW, IN 46581
Agreement
TypeLine of Credit
AmountAmount Recorded
Term300 Months
DueJun 16, 2040
Interest
Rate TypeAdjustable Rate
Change FrequencyMonthly

October 2006: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARSHALL IN
Property Address506 S MAIN ST, BOURBON, IN 46504-1723
Transaction TypeMortgage
Record UpdatedJun 16, 2026
Title CompanyMERIDIAN TITLE, MERIDIAN TITLE CORP

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0200607670
DateOct 18, 2006
Instrument200607670
Lender
NameOPTION ONE MORTGAGE CORP
TypeSubprime Lender
AddressIRVINE, CA 92618
Agreement
TypeStand-Alone Second Mortgage
AmountAmount Recorded
Term360 Months
DueOct 01, 2036

May 2026: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMARSHALL IN
Recording DateMay 28, 2026
Property Address506 S MAIN ST, BOURBON, IN 46504-1723
Document Number0000002727
Instrument DateMay 15, 2026
Instrument20262727
Transaction TypeTransfer
Record UpdatedJun 10, 2026
Title CompanyFIDELITY NATIONAL TITLE

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$0.00
Amount AccuracyEstimated Sale Price
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address506 S MAIN ST, BOURBON, IN 46504-1723

Mortgage

Document Number0000002728,
DateMay 28, 2026
Instrument20262728
Lender
NameLAKE CITY BANK
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term360 Months
DueJun 01, 2056
Interest
Rate TypeFixed Rate
Rate6.3%
Initial TypeFixed Rate
Max Rate-1%

December 2018: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMARSHALL IN
Recording DateDec 11, 2018
Property Address506 S MAIN ST, BOURBON, IN 46504-1723
Document Number201805890
Map ReferenceMB 1 PG 310
Instrument DateNov 16, 2018
Instrument201805890
Transaction TypeTransfer
Record UpdatedNov 29, 2021
Title CompanyMETROPOLITAN TITLE/IN LLC, METROPOLITAN TITLE IN LLC

Transaction

Tax$0.00
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address506 S MAIN ST, BOURBON, IN 46504-1723

Mortgage

Document Number201805891
DateDec 11, 2018
Instrument201805891
Lender
NameGVC MORTGAGE INC
TypeMortgage Company
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term360 Months
DueDec 01, 2048

Tax Assessment & Valuation

Source: Marshall County records · Assessment roll updated March 11, 2026 · Last verified June 2026

Property Jurisdictions

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

Tax Bill & Assessment History

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

YearTax BillAssessed ValueAssessed Market Value
2025$2,734.00 (+13.26%) Homeowner's exemption$303,400 (+28.5%) Land $15,700 Building $287,700$303,400 (+28.5%) Land $15,700 Building $287,700
2024$2,414.00 (+2.24%)
2023$2,361.00 (+2.52%)$236,100 (+2.52%) Land $15,700 Building $220,400$236,100 (+2.52%) Land $15,700 Building $220,400
2022$2,303.00 Homeowner's exemption$230,300 Land $15,700 Building $214,600$230,300 Land $15,700 Building $214,600

Flood & Wildfire

Source: FEMA National Flood Hazard Layer as of September 10, 2014 · USDA Forest Service Wildfire Risk to Communities as of 2024 · Last verified October 2026

Flood

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

Wildfire

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 are read at the parcel center point; lenders make the official flood determination.

Internet Providers

Source: FCC Broadband Data Collection as of December 31, 2025 · Last verified October 2026

ProviderMax Down / Up (Mbps)
Surf Air Wireless
Fiber
1,000 / 1,000
Mediacom Communications
Cable
1,000 / 50
Verizon
Fixed Wireless
300 / 20
Fourway Computer Products
Fixed Wireless
100 / 20

May also be available: Mercury Broadband, T-Mobile USA.

Based on FCC filings for 361 locations within half a mile of this property.

Drinking Water

Source: EPA Safe Drinking Water Information System as of 2026 Q3 · EPA water system boundaries as of March 2026 · Last verified October 2026

Water SystemBOURBON WATER DEPARTMENT
serves 1,767 people
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 as reported to EPA, 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. The full violation and enforcement history is in the system's EPA record.

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