629 Central Ave, Lapel, IN 46051
Property image
Property image
OFF MARKET

$131,200

Trulia Estimate
  • 3 Beds
  • 3 Baths

629 Central Ave, Lapel, IN 46051

Est. Refi. Payment $836/mo*
Refinance Your Home
Currently Off Market - Sold Nov 6, 2025 for $125,000

Home Value

Trulia Estimate
$131K
Since last month
Decreased$200 (-0.2%)
Since last year
Increased$31K (+30.4%)
Since last sale
Increased$6K (+4.7%)
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 -7% in the last 10 years
MonthEstimated value
2026
August 2026$131K
August 2026$131K
July 2026$131K
June 2026$129K
May 2026$130K
April 2026$129K
March 2026$129K
February 2026$128K
January 2026$128K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
0.02
Multi-Family Home
$142,000
10/01/25
2
2
-
0.19
Multi-Family Home
$225,000
06/10/26
5
3
-
0.30
Multi-Family Home
$181,500
07/28/26
2
2
-
4.28
Multi-Family Home
$350,000
05/01/26
4
2
-
4.64
Multi-Family Home
$260,000
12/05/25
4
2
-
5.97
Multi-Family Home
$190,000
09/04/26
1
1
-

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
0.02
$149,400
2
2
-
Off Market
0.05
$200,500
2
2
1,388
Off Market
0.07
$371,300
4
2.5
2,616
Off Market
0.06
$210,000
3
2
1,234
Recently Sold
0.10
$372,400
4
2.5
2,660
Off Market
0.11
$320,500
3
2
1,635
Off Market
0.09
$178,600
2
1.5
1,244
Off Market
0.15
$380,000
4
2.5
2,242
For Sale
0.13
$366,800
3
2.5
1,963
Off Market
0.13
$319,800
3
2
1,801
Off Market
0.13
$206,100
3
1
1,283
Off Market

Local Information

  • Map ViewExplore the area around 629 Central Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1910
1 Car Garage

About this House

Exciting investment opportunity available! This 3-unit triplex is located in a thriving area and is ready for a new owner. The property requires updates, offering you the chance to customize and enhance its value. Units A and B are located downstairs, while Unit C is situated upstairs. Previously, the owner indicated that rental rates ranged between $500 and $600 per unit, with potential for increased earnings post-renovation. Don't miss out on this chance to transform and profit from a promising property The current owner has never leased or occupied the units and is open to selling on contract.
629 Central Ave, Lapel, IN 46051 is a 3 bedroom, 3 bathroom multi-family built in 1910. It last sold for $125,000 on Nov 6, 2025 (17% below the $149,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $131,200, with a rent estimate of $1,328/month.
Last check for updates: about 4 hours ago
Listed by P. Aaron Starr, (317) 439-1933
F.C. Tucker Company
Bought with: Gary Nunley, South Madison Realty
Source: MIBOR as distributed by MLS GRID, MLS#22069685

Home Details for 629 Central Ave

Active Status

MLS Status: Sold

Interior Features

Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 3
Levels, Entrance, & Accessibility
Stories: 1Levels: One and One Half

Exterior Features

Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas an Attached GarageParking Spaces: 1Parking: Attached
Frontage
Road Frontage: Not Applic

Days on Market

Cumulative Days on Market: 10

Property Information

Year Built
Year Built: 1910
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family, Triplex
Building
Not a New ConstructionNo Additional Parcels
Property Information
Parcel Number: 481027300044000032

Price & Status

Price
List Price: $149,900
Status Change & Dates
Off Market Date: Fri Oct 31 2025Possession Timing: Close Of Escrow

Location

Direction & Address
City: LapelCommunity: Woodwards
School Information
Elementary School: Lapel Elementary SchoolJr High / Middle School: Lapel Middle SchoolHigh School: Lapel Sr High SchoolHigh School District: Frankton-Lapel Community Schools

Lot Information

Lot Area: 5662.8 sqft

Listing Info

Special Conditions: As Is, Broker Owned, Corporate Owned, Fixer Upper

Miscellaneous

Mls Number: 22069685

Price and Tax history

DateEventPrice
Nov 6, 2025
Source: MIBOR as distributed by MLS GRID #22069685
Sold
$125,000
Nov 3, 2025
Source: MIBOR as distributed by MLS GRID #22069685
Pending
$149,900
Oct 22, 2025
Source: MIBOR as distributed by MLS GRID #22069685
Listed For Sale
$149,900

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
4
MoM

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"
  • 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! "
  • 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. "
  • 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."
  • Lorine n.
    "It is a small town, feel country-like but still close to many city conveniences (within 20-30 minutes). "
  • Lorine n.
    "I live here now. I have had friends that have lived here their entire lives and can’t imagine living anywhere else. "
  • 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."
  • grimmy1972
    "Great schools, quiet and safe community, and friendly people. Short drive to Anderson, Noblesvile, Fishers and Indy."
  • 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."
  • 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."

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-10 02:53:18 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 629 Central Ave

  • What is 629 Central Ave estimated to be worth?
    Trulia's estimated value for 629 Central Ave in Lapel, IN is $131,200.
  • What is the price history for 629 Central Ave?
    629 Central Ave in Lapel, IN last sold for $125,000 in November 2025.
  • 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.

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