Dgad,
It's a commercial program at www.collectorz.com. I have the Movie Collector Pro and also the Music Collector Pro. The Music Collector Pro is of course oriented toward CD's, but it still does a great job on records. You enter the name of the album and it will search several locations on the internet for the album data. Most time it finds the equivalent CD, but that's OK. On CD's you can even scan the bar code, or put the CD into your computer drive and it will read the info directly.
It then imports the album cover, track info, etc into its' data base. You can then manually edit anything. Then like a good data base, you can search on any field.
The software comes from the Netherlands and I've been using it for 4-5 years. The probably have a free trial version that you could download. Give it a try.
Paul