1359 N Jefferson St Montezuma, IN 47862
Estimated payment $415/month
Highlights
- Colonial Architecture
- No HOA
- Formal Dining Room
About This Home
Historic Reeder house is available! Here's your MONEY PIT! If you Are looking for a gigantic, historic, GRAND home with loads of character and potential, look no further! How about those massive columns on the front porch. Located in a very cool and historic small town of Montezuma, along the Wabash River. This would make a killer Airbnb, wedding venue or estate home. The bones seem better than expected, but it will need everything from roof, exterior work, HVAC, Plumbing, drywall repair, new kitchen, bathrooms, electrical and tons more done before it could be ready for occupancy. Tons of original character including grand dual staircase, huge landing, original doors, hardware, pocket doors, mantel and built in's. It is set up as a 6 bed, 2 bath but has plenty of room to make more beds and bathrooms. The kitchen and nook is huge. The attic has gigantic ceilings and could offer additional recreational or living space. So many features that I don't have enough room to list. Possible seller financing for approved buyer. Seller could consider adding cost of HVAC or roof to a land contract purchase.
Last Listed By
Wynkoop Brokerage Firm, LLC Brokerage Email: Scott@IndianaREO.com License #RB14037140 Listed on: 03/20/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 1916
Lot Details
- 0.27 Acre Lot
Home Design
- Colonial Architecture
- Brick Foundation
Interior Spaces
- 4,970 Sq Ft Home
- 2-Story Property
- Dining Room with Fireplace
- Formal Dining Room
- Attic Access Panel
- Basement
Bedrooms and Bathrooms
- 6 Bedrooms
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 39
- Assessor Parcel Number 610526402069000013
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,328 | $116,400 | $6,300 | $110,100 |
| 2023 | $2,474 | $117,800 | $6,300 | $111,500 |
| 2022 | $1,742 | $87,100 | $6,300 | $80,800 |
| 2021 | $1,692 | $84,600 | $4,400 | $80,200 |
| 2020 | $1,626 | $81,300 | $4,200 | $77,100 |
| 2019 | $374 | $77,900 | $4,000 | $73,900 |
| 2018 | $343 | $76,900 | $4,000 | $72,900 |
| 2017 | $292 | $76,300 | $4,000 | $72,300 |
| 2016 | $237 | $76,300 | $4,000 | $72,300 |
| 2014 | $279 | $75,400 | $4,000 | $71,400 |
| 2013 | $279 | $83,200 | $6,700 | $76,500 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/05/2025 06/05/25 | Price Changed | $65,000 | -5.8% | $13 / Sq Ft |
| 05/29/2025 05/29/25 | Price Changed | $69,000 | -1.4% | $14 / Sq Ft |
| 05/21/2025 05/21/25 | Price Changed | $70,000 | -1.4% | $14 / Sq Ft |
| 05/16/2025 05/16/25 | Price Changed | $71,000 | -1.4% | $14 / Sq Ft |
| 05/13/2025 05/13/25 | Price Changed | $72,000 | -1.4% | $14 / Sq Ft |
| 05/08/2025 05/08/25 | Price Changed | $73,000 | -2.7% | $15 / Sq Ft |
| 04/29/2025 04/29/25 | Price Changed | $75,000 | -2.6% | $15 / Sq Ft |
| 04/17/2025 04/17/25 | Price Changed | $77,000 | -2.5% | $15 / Sq Ft |
| 04/09/2025 04/09/25 | Price Changed | $79,000 | -0.6% | $16 / Sq Ft |
| 04/01/2025 04/01/25 | Price Changed | $79,500 | -0.5% | $16 / Sq Ft |
| 03/26/2025 03/26/25 | Price Changed | $79,900 | -6.0% | $16 / Sq Ft |
| 03/20/2025 03/20/25 | For Sale | $85,000 | -- | $17 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $6,710 | Law Offices Of Wayne Greeson P | |
| Deed | $19,500 | -- |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22028112
APN: 61-05-26-402-069.000-013
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