701 S Main St, Lapel, IN 46051 Property Records

Madison County property record for 701 S Main St, Lapel, IN 46051

Property Summary

Property Type	Restaurant
Details	2,936 sqft · built 1900
Lot Size	0.04 acres (1,742 sqft)
Owner	Individual Name on File
Tax Bill	$2,355 (2025)
Deeds & Mortgages	Nov 2025 Sale
Flood Zone	Zone X (minimal risk)
APN	`48-10-28-104-114.000-032`

Property Details

APN / Parcel Number

Primary APN	`48-10-28-104-114.000-032`
Alternative APNs	`00001330427` `318033B`

Interior

Units	24 Units
Stories	2 Stories
Building Area	2,936 sqft Total Area
1st Floor Area	2,936 sqft

Exterior

Year Built	Built 1900
Effective Year Built	Effective 1970
Construction Type	Wood
Fire Resistance	Wood or Wood & Steel Frame
Lot Area	1,742 sqft (0.04 acres)

Location & Zoning

Account Number	00001330427
Street Address	701 S MAIN ST
City	LAPEL
State	IN
Zip	46051-5583
Property Category	Commercial
Property Type	Commercial > Retail > Restaurant
Legal Description	OP 70X23 SE COR 0.0000ACRES STR: 00000 SECTION: PLAT: 00 IN: OUT:
Legal Subdivision	TOWN LAPEL
Jurisdiction	MADISON IN
Township / Civil Division	STONY CREEK
Census Block Group	2
Census Block	2049
Census Tract	11100

Owner

Source: Madison County records · APN 48-10-28-104-114.000-032

Assessment roll updated June 23, 2026 · Last verified July 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	8091 BAY BROOK DR, INDIANAPOLIS, IN 46256-1692
Owner Type	Individual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Nov 19, 2025
Deed Sale	Nov 19, 2025
Deed Document Number	202516141
Record Updated	Sep 20, 2026

November 2025: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MADISON IN
Recording Date	Nov 19, 2025
Property Address	701 S MAIN ST, LAPEL, IN 46051-5583
Document Number	2025R16141
Map Reference	PB 1 PG 70
Instrument Date	Nov 18, 2025
Instrument	2025R16141
Transaction Type	Transfer
Record Updated	Dec 10, 2025
Title Company	ABSOLUTE TITLE

Transaction

Tax	$0.00
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	8091 BAY BROOK DR, INDIANAPOLIS, IN 46256-1692

Tax Assessment & Valuation

Source: Madison County records · Assessment roll updated June 23, 2026 · Last verified July 2026

Property Jurisdictions

Type	Name
State	Indiana
County	Madison County
County Subdivision	Stony Creek Township
Municipality	Lapel Town
Unified School District	Frankton-Lapel Community Schools (PK - 12)

Tax Bill & Assessment History

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	$2,355.00 (+22.72%)	$78,500 (+10.56%) Land $3,000 Building $75,500	$78,500 (+10.56%) Land $3,000 Building $75,500
2024	$1,919.00 (-9.57%)	$71,000 (-) Land $1,000 Building $70,000	$71,000 (-) Land $1,000 Building $70,000
2023		$71,000 (-) Land $1,000 Building $70,000	$71,000 (-) Land $1,000 Building $70,000
2022	$2,122.00	$71,000 Land $1,000 Building $70,000	$71,000 Land $1,000 Building $70,000

Flood & Wildfire

Source: FEMA National Flood Hazard Layer as of August 10, 2019 · USDA Forest Service Wildfire Risk to Communities as of 2024 · Last verified October 2026

Flood

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

Wildfire

Wildfire Risk	Not rated no burnable land within 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

Provider	Max Down / Up (Mbps)
Brightspeed Fiber	2,000 / 2,000
On-Ramp Indiana Fiber · Fixed Wireless	1,000 / 1,000
Mercury Broadband Fixed Wireless	150 / 20
ALTIUS Communications Fixed Wireless	100 / 20

May also be available: AT&T, Spectrum, T-Mobile USA, Verizon.

Based on FCC filings for 479 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 System	LAPEL MUNICIPAL WATER COMPANY serves 2,379 people
Water Source	Groundwater
Last State Inspection	Aug 2025

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	No certified operator Feb 2023
Monitoring and Reporting	1 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.