Residential

Lapel, IN Residential Land & Home Lots for Sale

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Development Land with Highway Frontage
Updated: Nov 24, 2025
Development Land with Highway Frontage

IN Hwy 13 & 38, Lapel, IN 46051

$11,497,660
148.88 AC lot
148+ acre land parcel in Madison County, Indiana, with development, agriculture, or recreational use potential.
Road frontage along Highway 13 (2,200+ ft) and Highway 38 (1,700+ ft).
Fall Creek sewer access just across Highway 13.
Water supply located less than 1/4 mile from the property.
Zoned under the jurisdiction of the Town of Lapel.
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LAND - Lapel, IN
Updated: Jul 30
LAND - Lapel, IN

323 Central Avenue, Lapel, IN 46051

$50,000
0.20 AC lot
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Land
Land

323 Central Ave, Lapel, IN 46051

$50,000

Residential land & home lots

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Lapel, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Country Building Lot with Road Frontage
Country Building Lot with Road Frontage

0 East 1000 N, Pendleton, IN 46064

$686,000
11.50 AC lot

An 11.5-acre building lot with 360+ feet of road frontage, mature trees, and a completed perc test on file.

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Residential Land Lot
Residential Land Lot

8186 W 875 S, Pendleton, IN 46064

$100,000
1,811 sqft 0.75 AC lot

3/4-acre residential lot with utilities already on-site and views of mature trees and fields.

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Residential Lot in Noblesville, IN
Residential Lot in Noblesville, IN

11891 E 196th Street, Noblesville, IN 46060

$399,900
4.00 AC lot

4 acre residential lot with well in Noblesville, Indiana.

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Land
Land

1 Cyntheanne Rd, Noblesville, IN 46060

Contact for pricing
20.00 AC lot

Residential land & home lots · 20.00 Acres

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Lapel, IN Residential Land & Home Lots Market Trends and Statistics

Explore 3 residential land & home lots for sale in Lapel, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 6,493,925 square feet of properties for sale, with an estimated market value of $11,597,660.

Sale prices for home sites in Lapel, IN start at $50,000, averaging $3,865,886, and reaching up to $11,497,660 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 2
Agricultural land / Farmland 1
Commercial land 1
Recreation land 1

Demographics Overview

Population 2,857
Population Growth (5Y) +3.7%
Median Household Income $77,411
College Educated 38.0%

High-Yield Neighborhoods for Investment

Identify Lapel submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
46051 $5.8M

Taxes & Financing

Tax Rate (average for all types) 2.64%
Property Tax per SF $37.55 per SF
Tax Rate vs County Average 0.09 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Madison County

New Delisted

Total CRE Inventory on Market (SF)

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