520 Walnut St, Lapel, IN 46051
Property image
Property image
OFF MARKET

$178,600

Trulia Estimate
  • 2 Beds
  • 1.5 Baths
  • 1,244 sqft

520 Walnut St, Lapel, IN 46051

Est. Refi. Payment $1,123/mo*
Refinance Your Home
Currently Off Market - Sold Jun 5, 2024 for $177,500

Home Value

Trulia Estimate
$179K
Since last month
Decreased$200 (-0.1%)
Since last year
Decreased$11K (-5.7%)
Since last sale
Increased$1K (+0.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -3% in the last 10 years
MonthEstimated value
2026
August 2026$179K
August 2026$177K
July 2026$179K
June 2026$179K
May 2026$180K
April 2026$176K
March 2026$176K
February 2026$173K
January 2026$171K
2025

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
724 Central Ave, Lapel, IN
0.14
Single-Family Home
$190,000
09/29/25
2
2
1,388
426 S Walnut St, Lapel, IN
0.06
Single-Family Home
$144,000
09/24/25
2
1
1,008
535 Central Ave, Lapel, IN
0.04
Single-Family Home
$210,000
05/08/26
3
2
1,234
333 S John St, Lapel, IN
0.16
Single-Family Home
$250,000
07/24/26
3
1.5
1,372
126 W 9th St, Lapel, IN
0.37
Single-Family Home
$227,000
07/24/26
2
1.5
1,296
1019 John St, Lapel, IN
0.30
Single-Family Home
$145,000
12/31/25
3
1
1,156
310 S Ford St, Lapel, IN
0.29
Single-Family Home
$168,500
10/09/25
2
1
800
514 S Woodward St, Lapel, IN
0.12
Single-Family Home
$285,000
10/15/25
3
2
2,613
227 W 7th St, Lapel, IN
0.38
Single-Family Home
$200,000
09/30/25
3
2
1,403
502 Persimmon Pass, Lapel, IN
0.26
Single-Family Home
$315,500
03/18/26
3
2
1,653

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
535 Central Ave, Lapel, IN 46051
0.04
$210,000
3
2
1,234
Recently Sold
629 Central Ave, Lapel, IN 46051
0.09
$131,200
3
3
-
Off Market
426 S Walnut St, Lapel, IN 46051
0.06
$151,600
2
1
1,008
Off Market
520 John St, Lapel, IN 46051
0.06
$206,100
3
1
1,283
Off Market
514 John St, Lapel, IN 46051
0.06
$261,900
4
2
1,798
Off Market
320 E 7th St, Lapel, IN 46051
0.10
$149,400
2
2
-
Off Market
602 Persimmon Pass, Lapel, IN 46051
0.07
$317,500
3
2
1,500
Off Market
604 Tuscany Trl, Lapel, IN 46051
0.07
$370,700
3
2
1,801
Off Market
533 Tuscany Trl, Lapel, IN 46051
0.07
$300,200
3
2
1,563
Off Market
601 Tuscany Trl, Lapel, IN 46051
0.07
$318,500
3
2
1,611
Off Market
614 Tuscany Trl, Lapel, IN 46051
0.09
$366,800
3
2.5
1,963
Off Market

Local Information

  • Map ViewExplore the area around 520 Walnut St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1964
1,244 sqft
$144/sqft
2 Car Garage

About this House

Calling all investors looking for a simple project! This home is ready for your creative vision with several essentials already done. This ranch is an amazing opportunity located in sought-after Lapel. 1,244 square feet of living space with 2 bedrooms & 1.5 bathrooms. It used to be 3 bedrooms & could easily become that again just by adding a wall. Home has been handled with care for many years. Kitchen has tons of space & lots of opportunity. Family room is flooded with natural light creating an inviting atmosphere. Master bedroom comes with ample closet space. Backyard is perfect for relaxing/entertaining. Home also comes with a 2-car attached garage. Close to schools, parks, shops, restaurants & downtown Lapel. Schedule a showing & explore the possibilities!
520 Walnut St, Lapel, IN 46051 is a 2 bedroom, 2 bathroom, 1,244 sqft single-family home built in 1964. It last sold for $177,500 on Jun 5, 2024 (18% above the $150,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $178,600, with a rent estimate of $1,496/month.
Last check for updates: about 4 hours ago
Listed by Alexander Elston, (317) 730-4222
United Real Estate Indpls
Bought with: Paul Scherrer, (317) 255-7285, United Real Estate Indpls
Source: MIBOR as distributed by MLS GRID, MLS#21978726

Home Details for 520 Walnut St

Active Status

MLS Status: Sold

Interior Features

Interior Details
Number of Rooms: 5Types of Rooms: Master Bedroom, Bedroom 2, Dining Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 2Main Level Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1Number of Bathrooms (main level): 2
Dimensions and Layout
Living Area: 1244 Square Feet
Appliances & Utilities
Utilities: Electricity ConnectedAppliances: None
Heating & Cooling
Heating: Forced AirHas CoolingHas HeatingHeating Fuel: Forced Air
Gas & Electric
Has Electric on Property
Levels, Entrance, & Accessibility
Stories: 1Levels: One

Exterior Features

Exterior Home Features
Foundation: Crawl Space
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Attached
Farm & Range
Horse Amenities: None

Days on Market

Cumulative Days on Market: 2

Property Information

Year Built
Year Built: 1964
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: BrickNot a New ConstructionNot Attached Property
Property Information
Condition: FixerParcel Number: 481028401079000032

Price & Status

Price
List Price: $150,000
Status Change & Dates
Off Market Date: Sat May 11 2024Possession Timing: Close Of Escrow

Location

Direction & Address
City: LapelCommunity: No Subdivision
School Information
Jr High / Middle School: Lapel Middle SchoolHigh School District: Frankton-Lapel Community Schools

Agent Information

Buyer Agent
Buyer Company Name: Scherrer Bros

Building

Building Area
Building Area: 1244 Square Feet

HOA

No HOA

Lot Information

Lot Area: 8712 sqft

Listing Info

Special Conditions: Estate

Miscellaneous

Mls Number: 21978726Attic: Access Only

Price and Tax history

DateEventPrice
Jun 5, 2024
Source: MIBOR as distributed by MLS GRID #21978726
Sold
$177,500
May 12, 2024
Source: MIBOR as distributed by MLS GRID #21978726
Pending
$150,000
May 10, 2024
Source: MIBOR as distributed by MLS GRID #21978726
Listed For Sale
$150,000

Market trends in Lapel

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
19
4MoM

Around this home

What Locals Say about Lapel

At least 10 Trulia users voted on each feature.

  • 100 % Say parking is easy

  • 100 % Say it's dog friendly

  • 95 % Say it's walkable to restaurants

  • 95 % Say kids play outside

  • 88 % Say there's holiday spirit

  • 86 % Say people would walk alone at night

  • 71 % Say yards are well-kept

  • 70 % Say neighbors are friendly

  • 60 % Say streets are well-lit

  • 60 % Say it's quiet

  • 59 % Say car is needed

  • 56 % Say there are sidewalks

  • 47 % Say there are community events

  • 44 % Say there's wildlife

  • 44 % Say they plan to stay for at least 5 years

  • 25 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Hope Walker
    "Nothing that I can think of. The neighborhood is very dog friendly"
    0
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  • Taylor B.
    "Lapel is a great place for dogs! There’s many different places to take them on walks and the speed limit is only 20 mph through most of town. Very pet friendly area! "
    0
    Flag
  • Taylor B.
    "It is a very friendly, safe neighborhood to ride bikes or go on walks. I’ve lived here for years and went to school here, it was a great place to grow up. "
    0
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  • Wila
    "The annual Village Fair which has town wide yard sales, a parade, & downtown Lapel is blocked off with food & craft vendors. Our Schools rank in the top schools in the state. Our sports teams are competitive for a small school. Neighbors help each other like family! Local churches host community events along with different local organizations for things like a fish fry or Fall Bazaar."
    0
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  • Lorine n.
    "It is a small town, feel country-like but still close to many city conveniences (within 20-30 minutes). "
    0
    Flag
  • Lorine n.
    "I live here now. I have had friends that have lived here their entire lives and can’t imagine living anywhere else. "
    0
    Flag
  • MD W.
    "I work here and know many people here. It's an amazing small town. For those of you who don't like traffic congestion and noice - this is THE PLACE to live in NE metro Indianapolis."
    0
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  • grimmy1972
    "Great schools, quiet and safe community, and friendly people. Short drive to Anderson, Noblesvile, Fishers and Indy."
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  • Sharon N. W. D.
    "I moved to the town of Lapel 24 yrs. ago and have enjoyed living here very much. I do regret that the community leaders have not pushed for more shopping or parking in the downtown. If an organization such as Main Street USA were brought in this could make such a difference towards addressing these needs. A progressive town board as well as other boards, is needed. Lapel sets in an ideal location as it did so many years ago when the railroad was brought through and the town was created---highway 37, 32 and 69 are our railroad crossing today."
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  • Sharon N. W. D.
    "Lapel is a very family oriented community. Everyone is friendly, a wave or hello is always being given. They allow golf carts for in- town commuting, and during the Village Fair that is the desired mode of transportation. They have a great marching band at both Jr. High and High School level and athletic departments at both. A great volunteer fire department, parks department and involved town board. They are building a park for various sports (smaller version of Westfield) as well as a dog park. They also have two existing parks, with a water park located in one. The town has a library (Anderson branch) which is very inviting for readers, if they don't have it they will get it. Lapel is a very safe place to live with neighbors watching out for each other. The only thing that is lacking within the town itself is places to shop but Noblesville, Fishers, and Anderson are just minutes away. I would highly recommend Lapel, In. to anyone who wants all the perks of living near to everything but low cost of living, and the quaintness of a small town."
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LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-11 01:03:56 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

Frequently asked questions about 520 Walnut St

  • What is 520 Walnut St estimated to be worth?
    Trulia's estimated value for 520 Walnut St in Lapel, IN is $178,600.
  • What is the price history for 520 Walnut St?
    520 Walnut St in Lapel, IN last sold for $177,500 in June 2024.
  • Is Lapel a buyer's or seller's market?
    Lapel is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Lapel?
    Residents describe Lapel, IN as easy to park in, dog-friendly, and walkable to restaurants. See recently sold homes in Lapel, IN.
  • Does 520 Walnut St have air conditioning?
    Yes, 520 Walnut St in Lapel, IN has air conditioning.
  • How big is the lot at 520 Walnut St?
    The lot at 520 Walnut St in Lapel, IN is about 0.20 acres (8,712 sq ft).

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