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Single Family ResidenceResidential
$239,538$154 / 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 97How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026

602 S WALNUT ST

LAPEL, IN 46051
2
Beds
1.5
Baths
1,552 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.
0.2 ac
Lot SizeThe size of the land the home sits on, from county records.
1963
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.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$240K
$232K low$247K high
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$239,538
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$191,630

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,463 (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.$162,600 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$20,100
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$142,500
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$146,900
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$162,600

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.1975
Lot (acres)The size of the land the home sits on, from county records.0.20
ConstructionThe main material the home's frame and walls are built from.Brick
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.Yes
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Shed · 48 ft²Porch · 90 ft²

Transaction History(1)

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 · 0.3 mi
H
Lapel Sr High SchoolB
High · Grades 9–12 · 0.8 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%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

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

602 S Walnut 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 more than 70% of homes in Madison County
  • Costs more per square foot than 77% 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
$107K$607K

This home is worth more than 51% 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$239,538
CheaperTypical $237,202Pricier

Pricier than 51% of homes nearby

Price per ft²$154
CheaperTypical $158Pricier

Pricier than 47% of homes nearby

Living area1,552 ft²
SmallerTypical 1,556 ft²Bigger

Bigger than 50% of homes nearby

Lot size0.2 ac
SmallerTypical 0.2 acBigger

Bigger than 51% of homes nearby

Year built1963
OlderTypical 1964Newer

Newer than 50% of homes nearby

How 602 S Walnut St ranks against every home in each area.
MeasureThis homeLapel 46051Madison County
Estimated valuepricier than$239,53851% of homes70% of homes
Price per ft²pricier than$15447% of homes77% of homes
Living areabigger than1,552 ft²50% of homes53% of homes
Lot sizebigger than0.2 ac51% of homes44% of homes
Year builtnewer than196350% of homes55% of homes

About 602 S Walnut St

How much is 602 S Walnut St, Lapel, IN worth?

The TopHap Estimate for 602 S Walnut St, Lapel, IN is $239,538 as of Jul 14, 2026. The likely range is $231,982 to $247,094. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 602 S Walnut St, Lapel, IN last sell?

602 S Walnut St, Lapel, IN last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 602 S Walnut St, Lapel, IN?

602 S Walnut St, Lapel, IN has 2 bedrooms, 1.5 bathrooms, 1,552 square feet of living space and a 0.20-acre lot.

When was 602 S Walnut St, Lapel, IN built?

602 S Walnut St, Lapel, IN was built in 1963, making it 63 years old. The building has 1 story.

What schools serve 602 S Walnut St, Lapel, IN?

602 S Walnut 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 602 S Walnut St, Lapel, IN compare to other homes in Lapel 46051?

Among the 1,252 homes in Lapel 46051, it is worth more than 51% of them ($239,538 against a typical $237,202), its price per square foot is higher than 47% of them ($154 against a typical $158), it is bigger than 50% of them (1,552 ft² against a typical 1,556 ft²), its lot is bigger than 51% of them (0.2 ac against a typical 0.2 ac) and it is newer than 50% of them (1963 against a typical 1964). Measured against all of Madison County, it is worth more than 70% 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 602 S Walnut St, Lapel, IN?

The 2025 property tax bill for 602 S Walnut St, Lapel, IN was $1,463. The county assessed it at $162,600.

Closest homes

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Assigned schools

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