$72,000
$17K PRICE DROP

109 E Water St Montpelier, IN 47359

Estimated payment $398/month

Total Views 14,472
5 Beds
2 Baths
2,240 Sq Ft
$32 Price per Sq Ft

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Storm Doors
  • Enclosed Patio or Porch
  • Forced Air Heating System
  • Privacy Fence

About This Home

This 5 bedroom 2 bath home has much character but is in need of some repairs. The eat in kitchen has nice oak cabinets on both sides. There is one bedroom and bath down and 4 bedrooms and 1 bath upstairs. Some of the windows have been replaced. The roof is about 10 years old and has new sheating and one layer of shiingles. The house sits on 2 lots , 0.344 of an acre. The river is behind the house but has never came close to the house. The seller does not have flood insurance. Lots of potential must see.

Listing Agent

Kathy Casterline

Neff Sales & Development LLC Listed on: 05/19/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $183

Year Built

  • Built in 1900

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100 x 150
  • Privacy Fence
  • Wood Fence
  • Level Lot
  • Property is zoned R-1 Residential District

Home Design

  • Shingle Roof
  • Asbestos Siding

Interior Spaces

  • 2-Story Property
  • Crawl Space
  • Storm Doors
  • Eat-In Kitchen
  • Laundry on main level

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Attic

  • Storage In Attic
  • Walkup Attic

Schools

  • Blackford Elementary School
  • Blackford Jr/Sr Middle School
  • Blackford Jr/Sr High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Enclosed Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 05-02-03-302-010.000-002
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$183

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Age: 125
  • Style: Two Story
  • Total Number of Rooms: 10
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: FR SW 3 24 11 55' X 150' & 45' X 150'
  • Parcel Number ID: 05-02-03-302-010.000-002
  • Platted: Yes
  • Amenities: Attic Storage, Attic-Walk-up, Eat-In Kitchen, Porch Enclosed, Storm Doors, Main Floor Laundry
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Year Taxes Payable: 2025
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2240
  • Total Finished Sq Ft: 2240
  • Above Grade Finished Sq Ft: 2240
  • Price Per Sq Ft: 32.14
  • Basement Foundation: Crawl
  • Flooring: Hardwood Floors, Carpet, Vinyl
  • Living Great Room: Dimensions: 15x18, On Level: Main
  • Kitchen: Dimensions: 15x12, On Level: Main
  • Family Room: Dimensions: 14x12, On Level: Main
  • Bedroom 1: Dimensions: 14x12, On Level: Main
  • Bedroom 2: Dimensions: 15x15, On Level: Upper
  • Bedroom 3: Dimensions: 16x14, On Level: Upper
  • Bedroom 4: Dimensions: 15x12, On Level: Upper
  • Bedroom 5: Dimensions: 11x12, On Level: Upper
  • Main Level Sq Ft: 1120
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Asbestos
  • Roof Material: Shingle
  • Outbuilding1: Outbuilding, Dimensions: 10x10, 100
  • Fence: Privacy, Wood

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: CenterPoint Energy
  • Water Company: Montpelier Water & Sewer

Condo/Co-op/Association

  • Other Fee Description: ditch & storm water
  • Other Fees Dollar: 38

Schools

  • School District: Blackford County
  • Elementary School: Blackford
  • Middle School: Blackford Jr/Sr
  • High School: Blackford Jr/Sr
  • Elementary School: Blackford

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 100 X 150
  • Estimated Lot Sq Ft: 14985
  • Estimated Lot Size Acres: 0.344

Tax Info

  • Annual Taxes: 183.1
  • Exemptions: Homestead, Over 65, Supplemental

MLS Schools

  • High School: Blackford Jr/Sr
  • Middle School: Blackford Jr/Sr
  • School District: Blackford County

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $240 $101,500 $14,500 $87,000
2023 $189 $80,900 $7,200 $73,700
2022 $585 $68,300 $7,200 $61,100
2021 $488 $55,400 $7,200 $48,200
2020 $469 $54,200 $7,200 $47,000
2019 $393 $50,100 $7,200 $42,900
2018 $418 $52,500 $7,200 $45,300
2017 $359 $52,200 $7,200 $45,000
2016 $349 $53,100 $6,800 $46,300
2014 $300 $48,100 $6,800 $41,300
2013 $300 $50,300 $6,800 $43,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 Price Changed $72,000 -7.7% $32 / Sq Ft
08/11/2025 08/11/25 Price Changed $78,000 -12.4% $35 / Sq Ft
05/19/2025 05/19/25 For Sale $89,000 -- $40 / Sq Ft
Source: Indiana Regional MLS

Source: Indiana Regional MLS

MLS Number: 202518490

Indiana Regional MLS

APN: 05-02-03-302-010-000-002