Lapel IN Homes For Sale

Lapel IN Homes For Sale

View all the homes for sale in Lapel IN at a median price for all buyers. See pricing and listing details of Lapel real estate for sale.

Lapel IN Homes For Sale

$295,000
Downtown Lapel Commercial Property - C2 Zoning Excellent opportunity to own a versatile commercial property in the heart of downtown Lapel. Located at 226 E. Pendleton Avenue, this 1,770-square-foot commercial building sits on a 5,576-square-foot lot and is zoned C2 Downtown Commercial, allowing for a wide variety of retail, office, restaurant, and service-oriented uses. Constructed in 1947, the property offers an ideal setting for an owner-user, investor, or business looking to establish a presence in one of Madison County's growing communities. The C2 zoning district supports a pedestrian-friendly mix of commercial uses, including retail shops, boutiques, bakeries, cafes, restaurants, professional offices, financial services, medical and legal offices, and other compatible downtown businesses. Positioned along East Pendleton Avenue, the property benefits from strong visibility, convenient access, and proximity to local businesses and residential neighborhoods. Lapel's continued residential and commercial growth, along with convenient access to Pendleton, Anderson, Fishers, and Interstate 69, makes this an attractive location for a variety of business opportunities. C2 Downtown Commercial zoning: Suitable for retail, office, restaurant, cafe, bakery, professional services, and other permitted commercial uses. Downtown location with excellent visibility and accessibility Convenient access to surrounding communities and major transportation routes. This property presents an outstanding opportunity to establish or expand a business or add a well-located commercial asset to an investment portfolio.

226 E Pendleton Avenue, Lapel

Listing courtesy of REMAX ONE.

$567,500
3 Beds 1 Baths
Situated on 5 acres in Lapel with no HOA, 9796 W 300 S offers a rare blend of space, flexibility, and equestrian-ready amenities. The fully fenced property features no-climb horse fencing and is designed to support a variety of uses, from hobby farming to recreational riding or a great lot to build your new dream home. Outbuildings include a 60x100 riding arena barn equipped with 200 amp electrical service and updated lighting, providing ample room for training, storage, or equipment, along with a 30x35 former dairy barn currently utilized as a horse barn with 2 stalls, tack room, and a substantial upper loft capable of holding approximately 1,500 bales of hay or serving as a large hobby or workspace area. Both barns have been updated with improved lighting, enhancing functionality throughout. The home offers nearly 2,000 square feet with 3 bedrooms and a flexible two-level layout, including a spacious family room with fireplace, dedicated office, and a bright sunroom overlooking the property. Recent interior updates include new sunroom windows, stained wood stairs, and fresh paint throughout, contributing to a refreshed and well-maintained feel. Additional features include a 3-car attached garage, private well and septic, and open acreage suitable for animals, equipment, or outdoor enjoyment. Located within the Frankton-Lapel school district, this property presents a unique opportunity for those seeking usable land, functional outbuildings, and residential comfort in a rural setting.

9796 W 300 S, Lapel

Listing courtesy of Berkshire Hathaway Home.

Start Your Search

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative