Marshall County property record for 509 S Main St, Bourbon, IN 46504 · Last verified June 2026
| Property Type | Residential > Single Family > Home |
|---|---|
| Bedrooms | 2 Beds |
| Bathrooms | 1 Baths |
| Year Built | Built 1970 |
| Square Footage | 716 sqft Living Area |
| Lot Size | 6,250 sqft (0.144 acres) |
| Occupancy | Owner Occupied |
| Last Sale | $43,300 (2017) |
| Tax Bill | $325.00 (2024) |
Source: Marshall County records · APN 50-34-19-303-253.000-002
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 Record | Individual Name on File |
|---|---|
| Mailing Address | 509 S MAIN ST, BOURBON, IN 46504-1722 |
| Occupancy | Owner Occupied |
| Owner Type | Owner is an Individual, Couple or Unincorporated Entity |
| Date | Document |
|---|---|
| Jun 08, 2026 | Deed of Trust, Mortgage · Line of Credit 1ST SOURCE BANK |
| Dec 20, 2017 | Warranty Deed, Transfer · Conventional Mortgage 1ST SOURCE BANK |
| Deed Names | Verified Name on Deed |
|---|---|
| Last Sale | Dec 20, 2017 · Amount on Record |
| Deed Sale | Dec 20, 2017 · Amount on Record |
| Prior Sale | May 02, 2007 · Amount on Record |
| Deed Doc Number | 20176617 |
| Record Refreshed | Sep 20, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | MARSHALL IN |
| Recording Date | Jun 08, 2026 |
| Property Address | 509 S MAIN ST, BOURBON, IN 46504-1722 |
| Document Number | 0000002943 |
| Instrument Date | Jun 02, 2026 |
| Instrument | 20262943 |
| Transaction Type | Mortgage |
| Record Updated | Jul 12, 2026 |
| Title Company | NONE LISTED ON DOCUMENT |
| Name | Verified Name |
|---|---|
| Address | 509 S MAIN ST, BOURBON, IN 46504-1722 |
| Document Number | 0000002943, |
|---|---|
| Date | Jun 08, 2026 |
| Instrument | 20262943 |
| Name | 1ST SOURCE BANK |
|---|
| Type | Line of Credit |
|---|---|
| Amount | Amount Recorded |
| Term | 204 Months |
| Due | Jun 14, 2043 |
| Rate Type | Adjustable Rate |
|---|---|
| Rate | 6.37% |
| Initial Type | Adjustable Rate |
| Adjustable | Document includes a rider for adjustable-rate mortgage with a specific rate change date. |
| Max Rate | -1% |
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | MARSHALL IN |
| Recording Date | Dec 20, 2017 |
| Property Address | 509 S MAIN ST, BOURBON, IN 46504-1722 |
| Document Number | 0201706617 |
| Map Reference | MB2 PG232&233 |
| Instrument Date | Dec 14, 2017 |
| Instrument | 201706617 |
| Transaction Type | Transfer |
| Record Updated | Jun 12, 2023 |
| Amount | Amount Recorded |
|---|---|
| Downpayment | Downpayment on File |
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $0.00 |
| Additional |
|
| Name | Verified Name |
|---|---|
| Address | 00000 |
| Name | Verified Name |
|---|---|
| Address | 509 S MAIN ST, BOURBON, IN 46504-1722 |
| Document Number | 0201706619 |
|---|---|
| Date | Dec 20, 2017 |
| Instrument | 201706619 |
| Name | 1ST SOURCE BANK |
|---|---|
| Type | Bank |
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount Recorded |
| Term | 361 Months |
| Due | Jan 01, 2048 |
Source: Marshall County records · Assessment roll updated March 11, 2026 · Last verified June 2026
| Type | Name |
|---|---|
| State | Indiana |
| Municipality | Bourbon Town |
| County | Marshall County |
| County Subdivision | Bourbon Township |
| Unified School District | Triton School Corporation (KG - 12) |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $48,200 (+25.52%) Land $9,900 Building $38,300 | $48,200 (+25.52%) Land $9,900 Building $38,300 | |
| 2024 | $325.00 (+4.5%) | ||
| 2023 | $311.00 (+25.91%) | $38,400 (-) Land $9,900 Building $28,500 | $38,400 (-) Land $9,900 Building $28,500 |
| 2022 | $247.00 | $38,400 Land $9,900 Building $28,500 | $38,400 Land $9,900 Building $28,500 |
Source: FEMA National Flood Hazard Layer, Marshall County (18099C), updated September 10, 2014 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified: October 2026
| FEMA Flood Zone | Zone X |
|---|---|
| Flood Hazard | Minimal |
| 500-Year Floodplain | No |
| Special Flood Hazard Area | No |
| Wildfire Risk | Low above 6% of the US · above 41% of Indiana |
|---|---|
| Wildfire Likelihood | Less than 1 in 10,000 per year |
| Exposure | Direct burnable vegetation at the parcel |
Values are read at the parcel center point; lenders make the official flood determination.
| Primary APN | 50-34-19-303-253.000-002 |
|---|---|
| Alternative APNs |
|
| Bedrooms | 2 Beds |
|---|---|
| Full Baths | 1 Baths |
| Plumbing Fixtures | 5 Plumbing Fixtures |
| Total Rooms | 6 Rooms |
| Building Area | 716 sqft Living Area |
| 1st Floor | 716 sqft 1st Floor |
| Stories | 1 Stories |
| Year Built | Built 1940 |
|---|---|
| Effective Year Built | Effective 1970 |
| Construction Type | Frame Construction |
| Foundation Type | No Foundation Foundation |
| Roof Material | Asphalt Roof |
| Lot Area | 6,250 sqft (0.144 acres) |
| Depth X Width | 125 ft x 50 ft Depth x Width |
| Shed | 1 Shed |
| Shed Area | 80 sqft Shed |
| Cooling System | None Cooling |
|---|---|
| Heating System | HVAC Heating |
| Heating Fuel | Gas Heating Fuel |
| Street Address | 509 S MAIN ST |
|---|---|
| City | BOURBON |
| State | IN |
| Zip | 46504-1722 |
| Property Usage | Residential Property Usage |
| Type | Residential > Single Family > Home |
| Legal Description | ACREAGE: AUDITOR DESC: BEN SCHNEIDERS ADD LOT 5 LEGAL DESC: LOT 5 BEN SCHNEID ERS ADD |
| Legal Subdivision | BEN SCHNEIDERS ADD |
| Legal Lot Number | 5 |
| Jurisdiction | MARSHALL IN |
| Minor Civil Division | BOURBON |
| Census Blockgroup | 1 |
| Census Block | 1047 |
| Census Tract | 20702 |
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