106 E Pendleton Avenue Lapel, IN $ 235,000
106 E Pendleton Avenue
$ 235,000
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106 E Pendleton Avenue

Lapel, IN, 46051
$ 235,000
Baths0.0

Monthly Estimate*

$ 1,447

106 E Pendleton Avenue, Lapel, IN 46051 - Image 1
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106 E Pendleton Avenue, Lapel, IN 46051 - Image 4
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106 E Pendleton Avenue, Lapel, IN 46051 - Image 9
106 E Pendleton Avenue, Lapel, IN 46051 - Image 10
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Studio

Multi-Family Home for sale in Lapel, IN

for $235,000. This home was built in 1950 on a lot size of 0.18.

Fantastic income-producing property in the heart of Lapel! The upper unit has been tastefully remodeled. Enjoy grilling and sitting out on the upper-level deck. Upper unit is ready for a new homeowner or another tenant. Lower unit has been well maintained and is tenant-occupied until July. Don't miss this rare opportunity!

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Multi-Family Pending

Price

$ 235,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,046

Style

Duplex

Lot Size

0.18

Year Built

1950

Town/City

Lapel

County/Region

Madison

MLS | Web ID

22100093

Features
General
Possession Closing
Roof Asphalt
Year Built 1950
Tenant Pays Electricity
Township Stony Creek
Levels Two
Property Subtype Duplex
Tax Year 2025
Current Use Residential
County Madison
New Construction N
Property Type Residential Income
Subdivision Name Woodwards
Status Pending
Directions GPS Friendly
High School Lapel Sr High School
City Lapel
High School District Frankton-Lapel Community Schools
Number Of Units Total 2
MLS Area 4809 - Madison - StonyCreek
Lot Size Square Feet 7810
Elementary School Lapel Elementary School
Property Attached Y/N N
Current Financing Conventional FHA VA
Middle/Junior High School Lapel Middle School
Additional Parcels Y/N N
Structure Type Duplex
Standard Status Pending
Tax Lot 48-10-28-401-091.000-032
Virtual Tour https://www.homeforsale.at/106_E_PENDLETON_AVENUE_kusu5s-728b?show_listing_video=1
Legal Description A PART OF LOT NO. 74 IN WOODWARD'S 3RD ADD TO THE TOWN OF LAPEL AS PER PLAT THEREOF REC'D APR 3 1891 IN PLAT BK 4 PAGE 34 IN TH OFFICE OF THE RECORDER OF MADISON COUNTY IN MORE PARTICULARLY DESCRIB
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Exterior
Exterior Amenities Storage Shed
Parking Features Gravel
Lot Size Acres 0.18
Waterfront Y/N N
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Interior
Basement (Y/N) N
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* Excluded Features
List By
Carpenter, Realtors®

Broker

rgomez@callcarpenter.com

Email

Affordability Calculator

$1,617
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,447
Monthly Property Taxes
$171
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4048582 Elementary School
4048580 Middle School
Lapel Sr High School High School
Pricing History
DatePricePrice ChangeDescription
5/8/2026$235,000 Listed Price

Map


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106 E Pendleton Avenue, Lapel, IN, 46051 is a Multi-Family Home for sale at $235,000 with a lot size of 0.18. 106 E Pendleton Avenue is a studio with 0.0 baths and was built in 1950. The property's zip code is 46051 which is in Lapel, IN