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701 S Main Street, Lapel
$224,500
Own a piece of local history with this well-established diner, a community favorite known for its welcoming atmosphere and steady business. The property includes not only the fully operational restaurant but also a spacious two-bedroom, one-bath apartment upstairs-perfect for an owner-operator or rental income. Next to the diner sits a commercially zoned cabin, ready to be transformed into a retail shop, coffee house, boutique, or office-the possibilities are endless. With high visibility and steady traffic, this property offers a unique blend of business and residential opportunity all in one. Whether you're looking to expand your investment portfolio, run your own restaurant, or develop multiple income streams, this property provides unmatched potential.

701 S Main Street, Lapel

Listing courtesy of Katie Blossom. RE/MAX Real Estate Solutions

Selling Office: Keller Williams Indy Metro NE.

535 Central Avenue, Lapel
$210,000
3 Beds ⋅ 2 Baths
Back to Market, at no fault of seller!! Welcome to this turnkey ranch in Lapel, offering 3 bedrooms, 2 full baths, and 1,234 square feet of single-level living space. Built in 1910, the home features a functional layout with recent updates throughout. The eat-in kitchen includes brand-new stainless steel appliances and opens to the living and dining areas. The primary offers a walk-in closet and a private en-suite. This home has been updated throughout with brand new mechanicals, flooring, windows, roof, and much more! Two additional bedrooms provide flexibility for a home office, guest room, or hobby space. Outdoor features include a large, brand-new covered front porch, an open patio, and a partially fenced yard. A detached two-car garage needs work, but could be used as a workshop space or additional storage. Located in the Frankton-Lapel Community School District and close to local amenities, this home is move-in ready. Schedule your showing today!

535 Central Avenue, Lapel

Listing courtesy of Allyson Brooks. Mark Dietel Realty, LLC

Selling Office: Berkshire Hathaway Home.

1411 N Woodward Street, Lapel
$200,000
3 Beds ⋅ 1 Baths
Located in the desirable town of Lapel, this well-maintained single-story home offers a practical layout and room to make it your own. With 3 bedrooms and 1 full bath, the home features an open kitchen and dining area that flows easily into two separate living spaces that provides flexibility for everyday living and gatherings. The spacious main living room offers plenty of room to spread out, while the second living area adds versatility to the floor plan. Lovingly cared for by the same owner for nearly 50 years, the home has been consistently maintained, with mechanical updates already in place (furnace and A/C are both less than four years old). The attached one-car garage includes the washer and dryer and offers additional space for storage, projects, or workspace needs. Come check out this solid, dependable home in a great community, ready for its next chapter.

1411 N Woodward Street, Lapel

Listing courtesy of Heather Upton. Keller Williams Indy Metro NE

Selling Office: JMG Indiana.

413 W 5th Street, Lapel
$187,000
3 Beds ⋅ 1 Baths
Welcome to this well-kept ranch in the town of Lapel. This home has been freshly painted throughout and offers a comfortable layout featuring a living room that opens to the eat-in kitchen. Several key updates have already been completed, including a new electrical box (2025), new roof (2022), and brand new windows just installed throughout the home. You'll find 3 bedrooms, a perfectly sized full bathroom, and a dedicated laundry area. The kitchen offers one-of-a-kind cabinets made from a local barn. This nearly 1,000 square foot home is packed full of charm. Outside, you'll find an attached garage, a large, fully-fenced in backyard, and a quiet street just minutes from the heart of Lapel. You are just 5 minutes from I-69, 10 minutes to Hamilton Town Center, and less than 40 minutes to downtown Indianapolis.

413 W 5th Street, Lapel

Listing courtesy of Cameron Mason. Keller Williams Indpls Metro N

Selling Office: F.C. Tucker Company.

312 E 10th Street, Lapel
$185,000
4 Beds ⋅ 2 Baths
Welcome home to this spacious and thoughtfully designed 4-bedroom, 2-bath ranch offering comfort, functionality, and an ideal location. With 1,512 square feet, this home features a desirable split floor plan, providing privacy with the primary suite situated on one side of the home and the additional bedrooms on the other. The open-concept layout creates a warm and inviting atmosphere, perfect for both everyday living and entertaining. The updated kitchen is a standout, complete with stainless steel appliances, a gas range, and ample space for gathering. Natural light fills the home through newer windows installed in 2021, complemented by custom blinds. Step outside and enjoy being within walking distance to downtown Lapel, where you'll find local restaurants, the park, and the high school all just moments away. Located within the highly regarded Lapel school district, this home offers a wonderful blend of small-town charm and everyday accessibility. A comfortable, move-in-ready home in a location that truly connects you to the community. Schedule to view today. Roof replaced in 2019.

312 E 10th Street, Lapel

Listing courtesy of Corey Keele. Berkshire Hathaway Home

Selling Office: Highgarden Real Estate.

413 S Main Street, Lapel
$181,500
Investor opportunity in the heart of Lapel! This well-maintained duplex at 413-415 S Main Street offers a strong rental history and excellent income-producing potential. Whether you're looking to expand your investment portfolio or take advantage of owner-occupancy by living in one unit while renting the other, this property provides flexibility and long-term value. Each unit features 1 bedroom, 1 full bathroom, and a detached 1-car garage, providing comfortable living space and added convenience for tenants or owner-occupants. Utilities are separately metered, making management simple and efficient while allowing tenants to pay their own utility expenses. Ideally located near local amenities, parks, schools, and major commuter routes, this property benefits from established rental demand and multiple ownership opportunities. Don't miss your chance to own a versatile income-producing property with proven rental history and long-term potential.

413 S Main Street, Lapel

Listing courtesy of Ray Podesta. Stone & Gable Realty

Selling Office: Keller Williams Indy Metro NE.

1019 N John Street, Lapel
$145,000
3 Beds ⋅ 1 Baths
Picture this: 1019 N John ST, LAPEL, IN, nestled in the heart of Madison County, where small-town charm meets move-in-ready bliss! This isn't just a house; it's an invitation to start your next chapter in an inviting home. The kitchen is the place where culinary dreams are not only possible, but practically encouraged; imagine whipping up your signature dish surrounded by the elegant touch of crown molding. With 1156 square feet of living area spread across a single story, and three bedrooms and one full bathroom, you have just the right amount of space to feel both cozy and free. The laundry room adds a touch of practicality, making daily chores a breeze. And let's not forget the expansive 8184 square feet lot area, offering endless possibilities for outdoor fun and relaxation! This single-family residence, built in 1890, is more than just a place to live; it's a slice of history ready for you to make your own.

1019 N John Street, Lapel

Listing courtesy of Jamey Knight. RE/MAX Real Estate Solutions

Selling Office: Carpenter, REALTORS®.

629 Central Avenue, Lapel
$125,000
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 Avenue, Lapel

Listing courtesy of P. Aaron Starr. F.C. Tucker Company

Selling Office: South Madison Realty.

223 W 11th Street, Lapel
$120,000
3 Beds ⋅ 1 Baths
Welcome to a great Investment opportunity in the heart of Lapel! Featuring 3 beds, 1 bath with attached garage and a 25x25 Detached Garage with loft! Lots of opportunity here to make this home your own or as an investment. Home is in need of updates, repairs, Perfect for a fix & flip or long term hold. AS-IS CONDITION -CASH ONLY

223 W 11th Street, Lapel

Listing courtesy of Amanda Robinson. BluPrint Real Estate Group

Selling Office: F.C. Tucker Company.

534 Central Avenue, Lapel
$105,000
3 Beds ⋅ 2 Baths
Check out this great opportunity! 3 beds, 2 full bath on a corner lot. Extra Large detached garage in the back for Workshop, Storage, Extra parking. Covered sitting area in the backyard. Great Investment opportunity. Home needs some TLC but lots of potential. Selling AS-IS

534 Central Avenue, Lapel

Listing courtesy of Amanda Robinson. BluPrint Real Estate Group

Selling Office: BluPrint Real Estate Group.

108 W 5th Street, Lapel
$105,000
3 Beds ⋅ 1 Baths
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.

108 W 5th Street, Lapel

Listing courtesy of Heather Upton. Keller Williams Indy Metro NE

Selling Office: Carpenter, REALTORS®.

124 W 2nd Street, Lapel
$100,000
2 Beds ⋅ 1 Baths
Discover the charm of 124 W 2nd ST in LAPEL, IN, a single-family residence built in 1960. This single-story dwelling thoughtfully integrates two bedrooms and one full bathroom, providing comfortable and functional living spaces. The property sets in a quiet area on the NW edge of town close to parks and schools. The home has an updated kitchen and bathroom as well as newer vinyl plank flooring. Come and see this charming 2 bedroom bungalow. Must see!

124 W 2nd Street, Lapel

Listing courtesy of Kurt Clements. Diverse Property Solutions Ind

Selling Office: Keller Williams Indy Metro NE.

5615 S State Road 13, Lapel
$55,000
Great investment opportunity! This 1-acre parcel is located in a high-traffic area within the desirable Lapel School District. The property offers excellent potential for residential, commercial or mixed-use development. Surrounding communities are experiencing significant growth, making this an ideal location for future investment or development. High visibility and convenient access add to the overall appeal of this versatile property.

5615 S State Road 13, Lapel

Listing courtesy of Kelly Wood. RE/MAX At The Crossing

Selling Office: RE/MAX At The Crossing.

323 Central Avenue, Lapel
$43,000
1/4 acre lot ready to build on near downtown Lapel.

323 Central Avenue, Lapel

Listing courtesy of Rodney Forrest. eXp Realty, LLC

Selling Office: .

316 S Ford Street, Lapel
$32,000
3 Beds ⋅ 1 Baths
This single family bungalow is an exceptional prospect for investors or homeowners who want to earn some sweat equity. This single-story, three bedroom home features a large yard and covered porch. Needs a full renovation to bring out it's charm and full potential and will be sold as-is. Any appliances present will stay, but Seller does not guarantee function. Room sizes are approximate. Utilities are off and seller will not turn on. Rear yard is fenced and backs up to a playground, with Lapel baseball field and Lapel Elementary school bordering rear of property. HIGHEST AND BEST DUE BY THE END OF THE DAY ON THE 13TH OF MARCH

316 S Ford Street, Lapel

Listing courtesy of Samuel Barron. Barron Property Services

Selling Office: F.C. Tucker/Prosperity.

Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID.


Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of 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 listings have been excluded from this website.


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