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Single Family ResidenceResidential
$132,766$130 / 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 93How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $78,000 on Jun 1, 2006

516 S FORD ST

LAPEL, IN 46051
2
Beds
1
Baths
1,025 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.
0.14 ac
Lot SizeThe size of the land the home sits on, from county records.
1920
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
5
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$133K
$124K low$142K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$78,000 · Jun 1, 2006

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,013 (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.$112,500 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$14,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$98,500
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$101,800
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$112,500

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.39
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
1
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.
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
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.2012
Lot (acres)The size of the land the home sits on, from county records.0.14
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
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
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 · 374 ft²Porch · 204 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 · 0.3 mi
M
Lapel Middle SchoolC
Middle · Grades 6–8 · 0.4 mi
H
Lapel Sr High SchoolB
High · Grades 9–12 · 0.9 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

516 S Ford 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 93% of homes in Lapel 46051
  • Costs less per square foot than 80% of homes in Lapel 46051
  • Smaller than 82% of homes in Madison County
  • Has a smaller lot than 91% of homes in Lapel 46051
  • Older than 84% of homes in Madison County

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
$117K$594K

This home is worth more than 7% 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$132,766
CheaperTypical $234,716Pricier

Pricier than 7% of homes nearby

Price per ft²$130
CheaperTypical $158Pricier

Pricier than 20% of homes nearby

Living area1,025 ft²
SmallerTypical 1,557 ft²Bigger

Bigger than 19% of homes nearby

Lot size0.14 ac
SmallerTypical 0.2 acBigger

Bigger than 9% of homes nearby

Year built1920
OlderTypical 1964Newer

Newer than 19% of homes nearby

How 516 S Ford St ranks against every home in each area.
MeasureThis homeLapel 46051Madison County
Estimated valuepricier than$132,7667% of homes35% of homes
Price per ft²pricier than$13020% of homes61% of homes
Living areabigger than1,025 ft²19% of homes18% of homes
Lot sizebigger than0.14 ac9% of homes18% of homes
Year builtnewer than192019% of homes16% of homes

About 516 S Ford St

How much is 516 S Ford St, Lapel, IN worth?

The TopHap Estimate for 516 S Ford St, Lapel, IN is $132,766 as of Aug 30, 2026. The likely range is $123,534 to $141,998. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 516 S Ford St, Lapel, IN last sell?

516 S Ford St, Lapel, IN last sold on Jun 1, 2006 for $78,000, according to the county's recorded deed.

How big is 516 S Ford St, Lapel, IN?

516 S Ford St, Lapel, IN has 2 bedrooms, 1 bathrooms, 1,025 square feet of living space and a 0.14-acre lot.

When was 516 S Ford St, Lapel, IN built?

516 S Ford St, Lapel, IN was built in 1920, making it 106 years old. The building has 1 story.

What schools serve 516 S Ford St, Lapel, IN?

516 S Ford 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 516 S Ford St, Lapel, IN compare to other homes in Lapel 46051?

Among the 1,252 homes in Lapel 46051, it is worth more than 7% of them ($132,766 against a typical $234,716), its price per square foot is higher than 20% of them ($130 against a typical $158), it is bigger than 19% of them (1,025 ft² against a typical 1,557 ft²), its lot is bigger than 9% of them (0.14 ac against a typical 0.2 ac) and it is newer than 19% of them (1920 against a typical 1964). Measured against all of Madison County, it is worth more than 35% 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 516 S Ford St, Lapel, IN?

The 2025 property tax bill for 516 S Ford St, Lapel, IN was $1,013. The county assessed it at $112,500.

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