108 W 5th ST Lapel, IN 46051 Open Mon 5PM-7PM

UPDATED: 12/06/2025 10:38 PM ON MARKET: 4 days on market

$119,900

3 Beds1 Bath952 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 952 sqft

Price per Sqft $125

Subdivision No Subdivision

MLS Listing ID 22075535

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 1920

Tax Year 2024

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type Single Family Residence

Property Description

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.