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108 W 5th Street, Lapel, IN 46051

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For Sale

$119,900

3 beds • 1 baths • 952 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • $125.95
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 22075535

Courtesy Of Indy Metro Northeast dba Keller Williams Realty

(317) 564-7100

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Dryer, Refrigerator
  • Architecture Style
    New Traditional
  • Exterior Type
    Vinyl Siding
  • Lot Size
    0.15 Acres
  • Rooms
    Dining Room, Kitchen, Living Room

Map and Directions

Directions to 108 W 5th Street, Lapel, IN 46051

Home seller CENTURY 21 Scheetz

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Scheetz

(317) 844-5111
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.