$50,000
SOLD NOV 5, 2021

110 E High St Montpelier, IN 47359

5 Beds
5 Baths
6,144 Sq Ft
1.46 Acres

Recently Sold

$8 Per Sq Ft

28% Below List Price

21 Days on Market

Highlights

  • Traditional Architecture
  • Level Lot
  • Carpet

About This Home

As of November 2021

7 UNITS APARTMENTS BUILDING FULLY RENTED APARTMENTS - THE TENANTS PAY WEEKLY EACH UNIT PAYS OWN ELECTRIC AND GAS OWNER PAYS WATER

Last Agent to Sell the Property

Tina Cale-Coons

RE/MAX Real Estate Groups Listed on: 09/28/2021

RE/MAX Real Estate Groups

Last Buyer's Agent

Michelle Stanger

Stanger Homes, LLC

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1940

Lot Details

  • 1.46 Acre Lot
  • Lot Dimensions are 60x67
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 6,144 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Block Basement Construction

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Parking

  • 5 Parking Spaces
  • Driveway
  • On-Street Parking

Additional Features

  • Suburban Location
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for water
  • Assessor Parcel Number 05-02-03-303-064.000-002

Community Details

Overview

  • $3 Other Monthly Fees
  • 2 Buildings
  • 7 Units

Pet Policy

  • Pet Restriction

Building Details

  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Maintenance Expense $1,000
  • Water Sewer Expense $3,000

Property Details

Home Type

Apartment

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1940
  • Age: 81
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 5
  • Total Full Bathrooms: 5
  • Legal Description: O P 60' W END LOT 2 BLK 7
  • Parcel Number ID: 05-02-03-303-064.000-002
  • Platted: Yes
  • Amenities: Basement
  • Cross Street: Adams Street
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 71.53
  • Zoning Description: COMM APT 4
  • Monthly Gross Income: 1342
  • Restrictions Yn: Yes
  • Special Features: None

Interior Features

  • Total Sq Ft: 6144
  • Total Finished Sq Ft: 6144
  • Above Grade Finished Sq Ft: 6144
  • Price Per Sq Ft: 8.14
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Number Of Ranges Ovens: 7

Exterior Features

  • Exterior: Brick
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 5
  • Parking: Street

Utilities

  • Heating Fuel: Electricity, Gas
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: CenterPoint Energy
  • Water Company: Montpelier Water & Sewer
  • Annual Insurance Expense: 1500
  • Annual Maintenance Expense: 1000
  • Annual Water Sewer Expense: 3000
  • Number Electric Meters: 7
  • Number Gas Meters: 7
  • Number Water Meters: 1

Condo/Co-op/Association

  • Other Fee Description: DITCH FEES
  • Other Fees Dollar: 36
  • Pet Restrictions: Yes

Schools

  • School District: Blackford County
  • Elementary School: Montpelier
  • Middle School: Blackford
  • High School: Blackford

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 60X67
  • Estimated Lot Sq Ft: 63598
  • Estimated Lot Size Acres: 1.46

Rental Info

  • Lease Term: Week to Week
  • Owner Pays: Water
  • Tenant Pays: Electric, Fuel

Tax Info

  • Total Assessed Value: 66630
  • Annual Property Tax: 1500

Multi Family

  • Gross Monthly Rent: 1341
  • Number Of Refrigerators: 7
  • Number Of Units: 7
  • Num Of1 Bedrooms: 7
  • Num Of Units Rented: 7

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2021 11/05/21 Sold $50,000 0.0% $8 / Sq Ft
11/05/2021 11/05/21 Sold $50,000 0.0% $8 / Sq Ft
11/05/2021 11/05/21 Pending -- -- --
11/05/2021 11/05/21 For Sale $50,000 -28.5% $8 / Sq Ft
10/19/2021 10/19/21 Pending -- -- --
09/28/2021 09/28/21 For Sale $69,900 -- $11 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Tina Cale-Coons

    Seller's Agent in 2021

    Tina Cale-Coons

    RE/MAX

    (765) 499-0411

    445 Total Sales

    Tina Cale-Coons
    Section Image
  • Michelle Stanger

    Buyer's Agent in 2021

    Michelle Stanger

    Stanger Homes, LLC

    (812) 219-2307

    176 Total Sales

    Michelle Stanger
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202140724

Indiana Regional MLS
Indiana Blackford County Montpelier 47359

110 E High St, Montpelier, IN

This home is located at 110 E High St, Montpelier, IN 47359 and is currently priced at $50,000, approximately $8 per square foot. This property was built in 1940. 110 E High St is a home located in Blackford County with nearby schools including Montpelier School, Blackford Junior High School, and Blackford High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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