Frequently Asked Questions

Are house prices dropping in Lapel?

The house prices in Lapel are indeed dropping at the moment. There has been a decrease in price of $93,566.50. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

What is the housing market like in Lapel at this time?

The housing market and house prices in Lapel are going down. The average house price is $264,450.00 and the average price per square feet is $161.47 per square foot. At the moment, there are 62 homes listed - 10 active, 6 pending, and 46 sold in Lapel.

What is the most popular place to buy a house in Lapel?

The most popular place to buy a home in Lapel is 4809 - Madison - StonyCreek. 4809 - Madison - StonyCreek has the most properties listed and appears to have the highest demand.

What is the amount of property taxes you have to pay for a house in Lapel?

The average amount of property taxes you would have to pay for a home in Lapel is $1,146.78. Property taxes are tied to the value of the home - the more expensive the home, the higher the taxes.

How fast are houses listed in Lapel being sold?

Properties in Lapel stay on the market for an average of 92 days. A lower number of days indicates a seller's market, while a higher number indicates a buyer's market.

How often are houses listed for sale in Lapel?

The last home listed in Lapel was 7626 minutes ago.

Can you visit houses in Lapel?

Currently, there are 0 open houses available for viewing in Lapel.

What is the most expensive house in Lapel?

The cost of the most expensive home in Lapel is $567,500.00. Expensive homes often come with better amenities, larger spaces, and faster appreciation.

What is the cheapest house in Lapel?

The cost of the cheapest home in Lapel is $219,900.00. Buying a cheaper home can keep payments low and leave room for customization.

How old are the homes in Lapel?

The oldest home in Lapel was built in 1890, and the newest in 2026.

How big are the homes in Lapel?

The average property size in Lapel is 2092.7 sq.ft., the largest being 3240 sq.ft., and the smallest being 1296 sq.ft.

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Active

$150,000

3 Beds

2 Baths

1,080 Sq. Ft.

534 Central Avenue, Lapel, IN, 46051

Est. Payments: $0/mo

Residential

Built in 1994

5 days on Site

0.2 Lot Size

Central Air

Natural Gas

Additional Details

Contact Agent

Tucker Customer Care

F.C. Tucker Company, Inc.

(317) 954-4768

Description

Check out this great opportunity! 3 beds, 2 full bath on a corner lot. Extra Large detached garage in the back for Workshop and storage. Covered sitting area in the backyard. Great Investment opportunity. Selling AS-IS - Cash Only...

Source: MIBOR as distributed by MLS GRID, MLS ID: 22110202

Listing provided courtesy of Amanda Robinson 317-707-7024 with BluPrint Real Estate Group

Last Updated: 7/1/2026 | 3:52 PM

Mortgage Calculator

Loan Price: 0/mo

Price & Interest: 0/mo

Property Tax: 0/mo

Mortgage Insurance: 0/mo

Home Insurance: 0/mo

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About the Neighborhood

Lapel offers a peaceful and quiet setting with predominantly single detached homes that showcase mid-20th century charm. The town provides convenient access to both primary and secondary schools nearby, making education easily reachable. Parking is ample and traveling by car is simple for running errands or dining out, with several restaurant options available. The area’s calm environment invites relaxation and tranquility away from the noise of busier locations. With mainly two- and three-bedroom houses, Lapel presents comfortable living spaces that suit a variety of needs. This town offers a balanced pace alongside accessibility to essential services.

Learn more about

Lapel Market Report

Avg. Days on Market

100

Avg. Price Per Sq. Ft.

165

Median List Price

$302,500

Homes Listed

Frequently Asked Questions

Lapel Neighborhoods

Madison County Lapel Brookside Meadows Montgomery Farms Woodwards

Contact Agent

Tucker Customer Care

F.C. Tucker Company, Inc.

(317) 954-4768

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Type	Dimensions	Level
Living Room	12x12	Main
Dining Room	10x10	Main
Kitchen	10x8	Main
Primary Bedroom	12x12	Main
Bedroom 2	10x10	Main
Bedroom 3	10x10	Main