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108 W 5th Street, Lapel, IN 46051

Here's 108 W 5th Street in Lapel, IN 46051. This listing is closed, but I can still walk you through the details.

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Photo of 108 W 5th Street, Lapel, INSold — 108 W 5th Street, Lapel, IN 460511 / 1

Quick read on the numbers:

$119,900

Sold
Beds

3

Baths

1

Sq ft

952

Built

1920

Acres

0.15

Key things to know

  • Sold 12% below list in 13 days

From the listing

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.

A few highlights from the feature list:

Interior

Paddle FanWood Work PaintedWood Work Stained

I'll break the details down — open any section that matters.

This home has sold:

Sold

$105,000

-$14,900 below list (-12.4%)

Closed
Dec 29, 2025
Listed at
$119,900
Sold
4 months ago
Sold in
13 days

Price history

  1. Sold$105,000

    Dec 29, 2025

  2. Listedat $119,900

    Dec 4, 2025

A few similar homes that recently sold nearby:

Recent comparable sales

Same zip · similar size

  • 535 Central Avenue

    $210,000

    535 Central Avenue

    3bd · 2ba · 1,234 sqft

    Sold May 2026

  • 310 S Ford Street

    $168,500

    310 S Ford Street

    2bd · 1ba · 800 sqft

    Sold Oct 2025

  • 223 W 11th Street

    $120,000

    223 W 11th Street

    3bd · 1ba · 960 sqft

    Sold Jan 2026

  • 1019 N John Street

    $145,000

    1019 N John Street

    3bd · 1ba · 1,156 sqft

    Sold Dec 2025

  • 413 W 5th Street

    $187,000

    413 W 5th Street

    3bd · 1ba · 925 sqft

    Sold Dec 2025

Comparative value

5 comps in this range

This home is 38% below median for similar nearby sales.

$120K$210KMedian $169K
$105K

A few places to dig deeper:

Frankton-Lapel Community Schools

MLS# 22075535

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