$325,000

107 N Main St Monticello, IN 47960

Estimated payment $2,015/month

Total Views 11,800
3 Beds
4 Baths
5,982 Sq Ft
$54 Price per Sq Ft

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Concrete Flooring
  • Multiple cooling system units
  • Hot Water Heating System
  • 3-minute walk to Bluewater Beach Park

About This Home

Discover the perfect blend of residential comfort and business potential with this beautifully renovated mixed-use property located right on Main Street in charming downtown Monticello. Upstairs, you’ll find a stylishly updated two-bedroom, one-bath apartment featuring a beautiful staircase entrance, spacious layout, and modern finishes. The apartment continues downstairs to the main level, offering a third bedroom and bonus rooms—perfect for converting into additional living space, a home office, or even a separate suite. The property also includes a private two-car garage, ensuring convenience and security. At street level, a large retail space offers fantastic visibility and foot traffic, making it ideal for a boutique, café, gallery, or office. Whether you're looking to open your own business or lease it out, this space offers excellent income potential. Bonus Opportunity: With its prime location and flexible layout, this property is an ideal candidate for an Airbnb rental, allowing you to generate passive income while utilizing the commercial space for even more revenue. Don't miss out on this unique opportunity to live, work, and invest—all in one place!

Last Listed By

Paula Brooks

Redlow Group Listed on: 04/12/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,389

Year Built

  • Built in 1890

Lot Details

  • 3,267 Sq Ft Lot
  • Lot Dimensions are 20x165
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Rubber Roof
  • Block Exterior
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • 1 Bedroom in Basement

Flooring

  • Carpet
  • Laminate
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms

Location

  • Suburban Location

Schools

  • Oaklawn Elementary School
  • Roosevelt Middle School
  • Twin Lakes High School

Utilities

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • Radiator
  • Hot Water Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 91-73-33-000-138.200-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,389

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1890
  • Age: 135
  • Style: Two Story
  • Total Number of Rooms: 11
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 4
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 2
  • Legal Description: OP MONTICELLO 20' X 80' W/E & 20 1/2' X 85' S/S LOT 38
  • Parcel Number ID: 91-73-33-000-138.200-021
  • Platted: Yes
  • Location: City/Town/Suburb
  • Number Below Grade Bedrooms: 1
  • Year Taxes Payable: 2024
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 5982
  • Total Finished Sq Ft: 5982
  • Above Grade Finished Sq Ft: 3504
  • Below Grade Finished Sq Ft: 2478
  • Price Per Sq Ft: 92.75
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Flooring: Carpet, Concrete, Laminate
  • Bedroom 1: Dimensions: 12x12, On Level: Upper
  • Bedroom 2: Dimensions: 12x12, On Level: Upper
  • Bedroom 3: Dimensions: 12x12, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 2
  • Total Below Grade Sq Ft: 2478

Exterior Features

  • Exterior: Block, Vinyl
  • Roof Material: Rubber
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x20
  • Garage Sq Ft: 400
  • Garage: Yes

Utilities

  • Cooling: Central Air, Multiple Cooling Units
  • Heating Fuel: Gas, Forced Air, Hot Water, Radiator
  • Sewer: City
  • Water Utilities: City

Schools

  • School District: Twin Lakes School Corp.
  • Elementary School: Oaklawn
  • Middle School: Roosevelt
  • High School: Twin Lakes
  • Elementary School: Oaklawn

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 20x165
  • Estimated Lot Sq Ft: 3267
  • Estimated Lot Size Acres: 0.075

Tax Info

  • Annual Taxes: 2388.98

MLS Schools

  • High School: Twin Lakes
  • Middle School: Roosevelt
  • School District: Twin Lakes School Corp.

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,813 $172,800 $6,700 $166,100
2023 $2,389 $143,700 $6,700 $137,000
2022 $2,348 $140,900 $6,700 $134,200
2021 $1,892 $107,300 $6,700 $100,600
2020 $1,914 $107,300 $6,700 $100,600
2019 $467 $83,400 $6,700 $76,700
2018 $883 $83,500 $6,700 $76,800
2017 $805 $81,600 $6,700 $74,900
2016 $777 $81,600 $6,700 $74,900
2014 $1,026 $97,300 $6,700 $90,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2025 04/12/25 For Sale $325,000 +80.6% $54 / Sq Ft
09/30/2019 09/30/19 Sold $180,000 -2.2% $72 / Sq Ft
08/16/2019 08/16/19 Pending -- -- --
08/01/2019 08/01/19 Price Changed $184,000 -5.2% $74 / Sq Ft
04/23/2019 04/23/19 Price Changed $194,000 -2.5% $78 / Sq Ft
02/25/2019 02/25/19 For Sale $199,000 -- $80 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Deed $270,000 White County Abstract & Title
Grant Deed $150,000 Columbia Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $120,000 Construction
Source: Public Records

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Source: Indiana Regional MLS

MLS Number: 202512592

Indiana Regional MLS

APN: 91-73-33-000-138.200-021