108 W 5th Street Lapel, IN 46051

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Presented By
Mike Thomas Associates
9601 Coldwater Road
Fort Wayne, IN 46825
(260) 489-2000
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Traditional • 105Y Old

$119,900

108 W 5th Street

Open House
Fri, Dec 5, 2:00pm – 4:00pm
3 Bedrooms 1 on Main Level
1 Bathroom
952 sqft
0.15 Acres
2 Car Garage
Property Description

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.

Directions

GPS Friendly

Amenities

Paddle Fan, Wood Work Painted, Wood Work Stained, Dryer, Gas Water Heater, Electric Oven, Refrigerator, Washer, Covered, Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Map to 108 W 5th Street, Lapel, IN 46051

Property
MLS # 22075535
Date Listed 2025-12-04
Status Active
Property Type Residential
Property SubType Single Family Residence
Square Feet 952 sqft
New Construction No
Style Traditional
Type Single Family Residence
Bedrooms 3
Bathrooms 1
Year Taxes Payable 2024
Year Built 1920
Days on Market 2
Additional
Design Traditional
Cooling Wall Unit(s)
Heating Natural Gas
Garage Yes
External Features
Construction Single Family Residence
Exterior Covered
Lot Size 6,700 sq ft
Acreage 0.15 Acres
Sewer Municipal Sewer Connected
Water Public
Fence None
Location
Area Madison
County Madison
Subdivision No Subdivision
Township Stony Creek
City Lapel
State IN
Zip 46051
Schools
School District Frankton-Lapel Community Schools
Middle School Lapel Middle School
Financial
Assoc. Dues $0.00

MLS# 22075535
Listing Provided Courtesy of Heather Upton
Keller Williams Indy Metro NE
info@therealestatepros.com

Listing updated December 4, 2025 at 4:59 pm
Last checked 7 minutes ago

IDX information provided by the MIBOR REALTOR® Association. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

Learn More About 108 W 5th Street

Presented By
Mike Thomas Associates
9601 Coldwater Road
Fort Wayne, IN 46825
(260) 489-2000
Email
Agent to Contact

By clicking "Send Message", you agree to be contacted by Sarah Hubley about your request. Please see our Privacy Policy.