520 Walnut Street, Lapel, IN 46051

$150,000 Asking Price

2 beds
2 baths
1,244  sqft
Built in 1964

Calling all investors looking for a simple project! This home is ready for your creative vision with several essentials already done. This ranch is an amazing opportunity located in sought-after Lapel. 1,244 square feet of living space with 2 bedrooms & 1.5 bathrooms. It used to be 3 bedrooms & could easily become that again just by adding a wall. Home has been handled with care for many years. Kitchen has tons of space & lots of opportunity. Family room is flooded with natural light creating an inviting atmosphere. Master bedroom comes with ample closet space. Backyard is perfect for relaxing/entertaining. Home also comes with a 2-car attached garage. Close to schools, parks, shops, restaurants & downtown Lapel. Schedule a showing & explore the possibilities!


Features & Amenities

Interior

General:
Attic Access, Breakfast Bar, Eat-in Kitchen
Appliances:
None
A/C:
Central Electric
Heating:
Forced Air
Fireplace:
Fireplaces: 0

Exterior

Style:
Ranch
Parking:
Attached

Construction

General:
One, Crawl Space

Location

Originating MLS:
mibor
School District:
Frankton-Lapel Community Schools
County:
Madison

Lot

Zoning:
Woodwards 2nd 0.0000Acres Str: 00000 Section: Plat: 00 In: Out:, 481028401079000032

Utilities

Utilities:
Cable Available, Electricity Connected, Gas Nearby
Water:
Municipal/City

Financial

Source:
mibor
Buyers Agent Compensation:
3 %

This listing courtesy of:
United Real Estate Indpls, Alexander Elston

About Lapel, IN

Housing

Number of Units
1,125
Median Home Value
$139,471
Median Rent
$714

27.40% of housing units are renter occupied.

6.09% are vacant.

Commute

Car
70.34%
Public Transportation
0.00%
Walk to Work
0.32%
Work from Home
29.04%
Other
0.29%

The median travel time to work is 20 minutes.

People

Population
2,648
Median Age
41.20
Median Household Size
2.53

Education

High School
38.40%
Associate’s Degree
12.66%
Bachelor’s Degree
21.14%
Graduate Degree
6.63%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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