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Single Family ResidenceResidential
$162,811$145 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 89How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $84,800 on Apr 2, 2012

405 W 5TH ST

LAPEL, IN 46051
3
Beds
1
Baths
1,120 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.17 ac
Lot SizeThe size of the land the home sits on, from county records.
1959
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
1
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$163K
$145K low$180K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$84,800 · Apr 2, 2012

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$586 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$124,900 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$16,500
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$108,400
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$113,100
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$124,900

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.50
45
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
11
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
74
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
80
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
42
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.19 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyMADISON
Lot (acres)The size of the land the home sits on, from county records.0.17
ConstructionThe main material the home's frame and walls are built from.Stone
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.No Foundation
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Shed · 120 ft²Patio · 408 ft²

Transaction History(3)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Lapel Elementary SchoolB-
Elementary · Grades PK–5 · 0.5 mi
M
Lapel Middle SchoolC
Middle · Grades 6–8 · 0.5 mi
H
Lapel Sr High SchoolB
High · Grades 9–12 · 1.1 mi

District: Frankton-Lapel Community Schools

Neighborhood · ZIP 46051These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.76
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.130
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.35

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.22%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.5.2%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.5%
PopulationHow many people live in this area.2,802
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.192 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$76,718
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$85,857
Average tempThe average temperature here across a full year.51°F
Annual precipHow much rain and melted snow falls here in a typical year.40 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.55%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

405 W 5th St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 85% of homes in Lapel 46051
  • Costs more per square foot than 72% of homes in Madison County
  • Smaller than 75% of homes in Lapel 46051
  • Has a smaller lot than 76% of homes in Lapel 46051

What homes are worth in Lapel 46051

Each bar is how many homes fall in that price range. The marker is this home.

This home
$115K$615K

This home is worth more than 15% of homes in Lapel 46051.

How it measures up in Lapel 46051

The dot is this home. The mark in the middle is the typical home in Lapel 46051.

Estimated value$162,811
CheaperTypical $237,689Pricier

Pricier than 15% of homes nearby

Price per ft²$145
CheaperTypical $164Pricier

Pricier than 31% of homes nearby

Living area1,120 ft²
SmallerTypical 1,559 ft²Bigger

Bigger than 25% of homes nearby

Lot size0.17 ac
SmallerTypical 0.2 acBigger

Bigger than 24% of homes nearby

Year built1959
OlderTypical 1963Newer

Newer than 44% of homes nearby

How 405 W 5th St ranks against every home in each area.
MeasureThis homeLapel 46051Madison County
Estimated valuepricier than$162,81115% of homes45% of homes
Price per ft²pricier than$14531% of homes72% of homes
Living areabigger than1,120 ft²25% of homes25% of homes
Lot sizebigger than0.17 ac24% of homes34% of homes
Year builtnewer than195944% of homes48% of homes

About 405 W 5th St

How much is 405 W 5th St, Lapel, IN worth?

The TopHap Estimate for 405 W 5th St, Lapel, IN is $162,811 as of Sep 24, 2026. The likely range is $145,393 to $180,229. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 405 W 5th St, Lapel, IN last sell?

405 W 5th St, Lapel, IN last sold on Apr 2, 2012 for $84,800, according to the county's recorded deed.

How big is 405 W 5th St, Lapel, IN?

405 W 5th St, Lapel, IN has 3 bedrooms, 1 bathrooms, 1,120 square feet of living space and a 0.17-acre lot.

When was 405 W 5th St, Lapel, IN built?

405 W 5th St, Lapel, IN was built in 1959, making it 67 years old. The building has 1 story.

What schools serve 405 W 5th St, Lapel, IN?

405 W 5th St, Lapel, IN is assigned to Lapel Elementary School (elementary), rated B-; Lapel Middle School (middle), rated C; Lapel Sr High School (high), rated B. All sit in Frankton-Lapel Community Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 405 W 5th St, Lapel, IN compare to other homes in Lapel 46051?

Among the 1,252 homes in Lapel 46051, it is worth more than 15% of them ($162,811 against a typical $237,689), its price per square foot is higher than 31% of them ($145 against a typical $164), it is bigger than 25% of them (1,120 ft² against a typical 1,559 ft²), its lot is bigger than 24% of them (0.17 ac against a typical 0.2 ac) and it is newer than 44% of them (1959 against a typical 1963). Measured against all of Madison County, it is worth more than 45% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 405 W 5th St, Lapel, IN?

The 2025 property tax bill for 405 W 5th St, Lapel, IN was $586. The county assessed it at $124,900.

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