Sold — 108 W 5th Street, Lapel, IN 46051
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ABOUT THIS HOME
Great investment opportunity in the heart of Lapel! This 3-bedroom, 1-bath home offers solid exterior updates and tons of potential for the right buyer. Major improvements include a newer roof (2023), updated siding (2023), and a brand-new walk-in shower installed in 2024. A charming covered front porch adds to the curb appeal and provides a relaxing spot to enjoy this small-town setting. Inside, the home is ready for your vision and TLC to bring it back to life. The crawl space will require structural repairs, making this a perfect project for investors, flippers, or anyone looking to build equity with some renovation work. Located in the desirable Lapel community, this property puts you close to local schools, parks, and all the charm this hometown has to offer. With the big-ticket exterior items already done, this is your chance to transform this home into something truly special.
$119,900
Great investment opportunity in the heart of Lapel! This 3-bedroom, 1-bath home offers solid exterior updates and tons of potential for the right buyer. Major improvements include a newer roof (2023), updated siding (2023), and a brand-new walk-in shower installed in 2024. A charming covered front p...
952
Sq Ft
1920
Year Built
3
Bedrooms
1
Bathrooms
Key things to know
- Sold 12% below list in 13 days
Sold
$105,000
-$14,900 below list (-12.4%)
- Closed
- Dec 29, 2025
- Listed at
- $119,900
- Sold
- 4 months ago
- Sold in
- 13 days
Price history
- Sold$105,000
Dec 29, 2025
- Listedat $119,900
Dec 4, 2025
Recent comparable sales
Comparative value
5 comps in this range
This home is 38% below median for similar nearby sales.
FEATURES & AMENITIES
Interior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$119,900Listed· Dec 4, 2025
13 days on market
Layout
Schools
Frankton-Lapel Community Schools
Middle
Lapel Middle School
Neighborhood
- Hamilton Town Center7.7 mi
- Hamilton Southeastern HS8.6 mi
- Conner Prairie10.7 mi
- Fishers High School10.9 mi
- IU Health North Hospital13.7 mi
- Westfield High School14.7 mi
PROPERTY DETAILS
Living Area
952 sq ft
Year Built
1920
Stories
Two
Subdivision
No Subdivision
Bedrooms
3
Bathrooms
1 full
Garage
2 spaces
School District
Frankton-Lapel Community Schools