House Prices

House Prices & Home Values Lapel, IN 2026


Average Data

average house price$229,656
average size per house2064 ft²
average price per ft²112 $ / ft²

04/17/2026 - The value range (VR) for house prices in Lapel, IN is $112/ sqft to $112/ sqft. An average home with 2064 sqft costs approximately $231,168 to $231,168. Lapel, IN includes 1 ZIP codes and it is located in Madison county. The lowest prices are found in ZIP 46051, while the highest are in ZIP 46051. The average price per sqare feet is $112. Our analysis is based on 13 property listings.

Avergage prices by ZIP codes Lapel

46051108 $ / ft²




Historical development of home values in Lapel

Year Estimated value (USD) Change vs. 2025
2010 $106,656 -53.6%
2011 $102,532 -55.4%
2012 $102,256 -55.5%
2013 $106,078 -53.8%
2014 $111,353 -51.5%
2015 $117,068 -49.0%
2016 $123,177 -46.4%
2017 $129,825 -43.5%
2018 $137,003 -40.3%
2019 $143,355 -37.6%
2020 $150,766 -34.4%
2021 $171,480 -25.3%
2022 $199,908 -13.0%
2023 $210,812 -8.2%
2024 $223,008 -2.9%
2025 $229,656 0.0%

Graph: estimated home values in Lapel over time (USD)



Example: 100% financing house in Lapel

Loan amount: $229,656

Interest rate: 6.00%

Fixed monthly payment: $1,376.90

Breakdown in the 1st month:
Interest portion: $1,148.28  –  Principal portion: $228.62

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $13,702.64 $2,820.20 $226,835.80
2 $13,528.70 $2,994.15 $223,841.65
3 $13,344.03 $3,178.82 $220,662.83
4 $13,147.96 $3,374.88 $217,287.95
5 $12,939.81 $3,583.04 $213,704.91
6 $12,718.81 $3,804.03 $209,900.88
7 $12,484.19 $4,038.65 $205,862.23
8 $12,235.09 $4,287.75 $201,574.48
9 $11,970.64 $4,552.21 $197,022.27
10 $11,689.87 $4,832.98 $192,189.29
11 $11,391.78 $5,131.07 $187,058.22
12 $11,075.30 $5,447.54 $181,610.68
13 $10,739.31 $5,783.53 $175,827.15
14 $10,382.60 $6,140.25 $169,686.90
15 $10,003.88 $6,518.97 $163,167.93
16 $9,601.80 $6,921.04 $156,246.89
17 $9,174.93 $7,347.92 $148,898.98
18 $8,721.73 $7,801.12 $141,097.86
19 $8,240.57 $8,282.27 $132,815.58
20 $7,729.74 $8,793.11 $124,022.48
21 $7,187.40 $9,335.45 $114,687.03
22 $6,611.61 $9,911.24 $104,775.79
23 $6,000.30 $10,522.54 $94,253.25
24 $5,351.30 $11,171.55 $83,081.70
25 $4,662.26 $11,860.58 $71,221.12
26 $3,930.73 $12,592.12 $58,629.00
27 $3,154.07 $13,368.77 $45,260.23
28 $2,329.51 $14,193.33 $31,066.90
29 $1,454.10 $15,068.74 $15,998.15
30 $524.69 $15,998.15 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Lapel, IN


1500 sqft3900 sqft
Ø selling price$203,281$432,433
Ø fast selling$184,801$389,189
Ø high price sale$221,761$475,676

In 2026, houses in Lapel, IN will be offered at an average price of $112 per square foot. A 1,500 sqft home priced at $203,281 is 22.06% more expensive per square foot than a 3,900 sqft home priced at $432,433. Home prices in Lapel, IN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $299,376. Sellers who can wait longer may achieve a higher price of up to $365,905.


Discover Lapel, Indiana

Lapel, Indiana is a welcoming small town in Madison County known for its blend of historic charm and modern convenience.

Location & Access

Located near the Indianapolis metro and neighboring communities like Fishers, Noblesville, and Anderson, Lapel offers easy access to major employers and amenities.

Downtown & Lifestyle

Visitors are drawn to the walkable downtown, locally owned shops, and classic Midwestern dining that showcase the town's friendly character.
Outdoor enthusiasts appreciate neighborhood parks, ball fields, and nearby trails that make it simple to get outside year-round.

Community & Schools

Each summer, community spirit shines during the Lapel Village Fair, a beloved event that highlights local vendors, live entertainment, and family activities.
Families value the highly regarded Frankton-Lapel Community Schools, with strong academics, arts, and athletics that build lifelong pride.

Business & Real Estate

Entrepreneurs find opportunity in Lapel?s business-friendly atmosphere, affordable commercial space, and proximity to key transportation corridors like I-69 and State Road 13.
Housing options range from historic homes near downtown to new builds on quiet streets, offering value for first-time buyers and move-up homeowners alike.

History & Moving

For history buffs, local heritage sites and preserved architecture tell the story of Lapel?s railroad roots and steady growth.
Whether you?re planning a weekend visit or a permanent move, Lapel, IN delivers small-town living with big convenience in the heart of Central Indiana.



FAQ – Home Values in Lapel

What is the median home value in Lapel in 2026?

In 2026, the typical home value in Lapel is about $229,656 for an average home size of 2064 square feet. This corresponds to an average price of roughly $112 per square foot.

What is the average cost per square foot in Lapel?

In 2026, homes in Lapel sell for an average of around $112 per square foot, with a typical range between $112 and $112 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Lapel is about 2064 square feet, with an estimated 2026 value around $229,656.



Locations close to Lapel, IN

Lebanon, IN62 $ / ft²
Mccordsville, IN108 $ / ft²
Markleville, IN115 $ / ft²
Kirklin, IN97 $ / ft²
Kempton, IN152 $ / ft²
Ingalls, IN114 $ / ft²
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