OFF MARKET
Google street view image for 9040 W State Rd 38, Lapel, IN 46051
OFF MARKET
$242,403
3
bd
•
1 ba
•
2,015
sq ft

9040 W State Rd 38, Lapel, IN 46051

map-entry

About this home

9040 W State Rd 38 is a 2,015 square foot house on a 0.88 acre lot with 3 bedrooms and 1 bathroom. Based on Redfin's Lapel data, we estimate the home's value is $242,403.
Single-familyProperty Type
1940Year Built
0.88 acresLot Size
$120Est. Price/Sq.Ft.
Source:Public Records

Redfin Estimate

$242,403
$13K since August

This home's estimate is 23% lower than the average sale price ($315K) of 5 comparable homes.

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Earn from this home

Sell
$226,404
Est. take-home

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Rent
$2,233/mo
Redfin rental estimate

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Market trends in 46051, IN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price
98.3%

1.5% MoM

Median sale price
$235K

$18K MoM

Avg. days on market
19d

49 days MoM

Recently sold homes
14

4 MoM

New listings for sale

Provided by Redfin

Sale history for 9040 W State Rd 38

As the MLS and public records start to fill up, we'll list the details here.

Tax history for 9040 W State Rd 38

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

AG

Agricultural District

The Ag, Agriculture Zoning District is intended to provide locations for agricultural operations and related land uses. This district is further intended to reduce conflicts between residential and agricultural uses, preserve the viability of agricultural operations, and limit development in areas with minimal infrastructure. This district should be used to protect agricultural operations from land uses that are incompatible with the available infrastructure.
Permitted uses

Include but are not limited to:

  • Equestrian facility
  • Greenhouse / nursery
  • Winery & vineyard
  • Religious facility
  • Housing-Single unit
  • Fire house
  • Police station
  • Golf related
  • Communications tower
  • Park & open space

Property details

Around this home

Schools

Pendleton Elementary School

Public PreK-6 • Assigned • 5.7mi

7/10
Pendleton Heights Middle School

Public 7-8 • Assigned • 6.4mi

8/10
Pendleton Heights High School

Public 9-12 • Assigned • 6.0mi

10/10
Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 101° expected this year, 18 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

2/10 Air Factor

2 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Lapel, IN • 46051
Average low and high temperatures (°F)
31
16
40
24
59
38
67
46
71
52
82
64
85
69
80
61
80
55
69
46
52
37
40
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Sun exposure

In this area, properties receive around 10 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

10 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$231,000 – $279,000

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Nearby similar homes

NEW CONSTRUCTION3D WALKTHROUGH
$559,600
5 beds3.5 baths3,388 sq ft
5745 Bancroft Dr, Pendleton, IN 46064
$239,900
3 beds2.5 baths1,508 sq ft
9444 W Constellation Dr, Pendleton, IN 46064
$284,000
3 beds2.5 baths2,089 sq ft
8394 S Shady Trail Dr, Pendleton, IN 46064
NEW CONSTRUCTION
$549,605
2 beds2 baths1,841 sq ft
15900 Park City Rd, Noblesville, IN 46060
Listing provided by Zillow
NEW CONSTRUCTION3D WALKTHROUGH
$534,900
5 beds3.5 baths3,062 sq ft
5757 Bancroft Dr, Pendleton, IN 46064
NEW CONSTRUCTION3D WALKTHROUGH
$569,990
5 beds3 baths3,099 sq ft
17030 Picket Fence Dr, Noblesville, IN 46060

New listings for sale in 46051

$325,000
3 beds2 baths1,724 sq ft
624 Tuscany Trl, Lapel, IN 46051

Home values near 9040 W State Rd 38

Data from public records.

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