NOT LISTED FOR SALE

332 S Main St Montpelier, IN 47359

Estimated Value: $105,000 - $244,000

4 Beds
3 Baths
2,691 Sq Ft
$57/Sq Ft Est. Value

Last Sold February 10, 2023

Last sale price $93,000 $35 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,075/month

210 Days on Market

About This Home

As of February 2023

Are you looking for a TOTALLY renovated triplex with small town living feel? Then this is the unit for you! Newer exterior includes siding, partial metal roof, and gutters as well as a new railing on the beautiful front porch. The downstairs unit is a spacious 2 bedrooms unit that has been totally renovated. Upstairs has two units, one studio and the other a 2 bedroom unit as well. This building has all new plumbing throughout as well as newer furnaces. With 2 of 3 units occupied, this property is sure to be an investor's dream! Schedule your tour today.

Last Agent to Sell the Property

Maxwell Richter

Wilmoth Group License #RB15000880 Listed on: 06/08/2022

Last Buyer's Agent

Jim Wood

RE/MAX At The Crossing

RE/MAX At The Crossing

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,440

Year Built

  • Built in 1900

Lot Details

  • 7,579

Home Design

  • Triplex
  • Traditional Architecture
  • Vinyl Siding

Additional Features

  • 7,579 Sq Ft Lot
  • Separate Meters

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for insurance, taxes
  • Tax Lot 8
  • Assessor Parcel Number 050209101010000002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,440

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1900
  • Lot Size Acres: 0.174
  • Subdivision Name: No Subdivision
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Conversion: Yes
  • MBR_AttributionContact: maxr@wilmothgroup.com
  • Multi Rooms: 13
  • Special Features: None

Interior Features

  • Owner Pays: Insurance, Taxes
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • List Price: 95000

Garage/Parking

  • Unit Parking: Other

Utilities

  • Cooling: Separate Meters
  • Laundry Features: No Laundry Facil.
  • Security Features: Smoke Alarm
  • Solid Waste: No

Fee Information

  • Expenses: 0

Lot Info

  • Lot Features: Other
  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Lot Size Sq Ft: 7579
  • Parcel Number: 050209101010000002
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1440
  • Tax Lot: 8
  • Semi Annual Property Tax Amt: 720
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2022
Closed on
Jan 27, 2023
Sold by
Noorani Rozina
Bought by
Mbadiwe Nnamdi
Seller's Agent
Maxwell Richter
Wilmoth Group
Buyer's Agent
Jim Wood
RE/MAX At The Crossing
List Price
$95,000
Sold Price
$93,000
Premium/Discount to List
-$2,000
-2.11%
Views
55
Current Estimated Value
$152,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,333
Avg. Annual Appreciation
20.47%

Purchase Details

Listed on
Aug 13, 2021
Closed on
Sep 30, 2021
Sold by
Daniel Wengerd
Bought by
Rozina Noorani
Seller's Agent
Kathy Casterline
Neff Sales & Development LLC
Buyer's Agent
Kathy Casterline
Neff Sales & Development LLC
List Price
$64,900
Sold Price
$52,000
Premium/Discount to List
-$12,900
-19.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.34%
Interest Rate
3.01%

Purchase Details

Closed on
Feb 21, 2020
Sold by
Price Dorsey L and Price Mary E
Bought by
Wengerd Daniel and Wengerd Benjamin
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mbadiwe Nnamdi $93,000 Investors Title Service Inc
Rozina Noorani $52,000 --
Wengerd Daniel $20,000 Metropolitian Title Of Indiana
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rozina Noorani --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/10/2023 02/10/23 Sold $93,000 -2.1% $35 / Sq Ft
01/05/2023 01/05/23 Pending -- -- --
11/30/2022 11/30/22 For Sale $95,000 +2.2% $35 / Sq Ft
10/31/2022 10/31/22 Off Market $93,000 -- --
09/16/2022 09/16/22 For Sale $95,000 +2.2% $35 / Sq Ft
09/09/2022 09/09/22 Off Market $93,000 -- --
06/22/2022 06/22/22 Price Changed $95,000 -9.5% $35 / Sq Ft
06/09/2022 06/09/22 For Sale $105,000 +101.9% $39 / Sq Ft
09/30/2021 09/30/21 Sold $52,000 -19.9% $19 / Sq Ft View Prior Sale
08/23/2021 08/23/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $64,900 -- $24 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

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 $3,212 $158,800 $6,400 $152,400
2023 $2,124 $106,200 $3,200 $103,000
2022 $1,806 $88,500 $3,200 $85,300
2021 $1,440 $70,200 $3,200 $67,000
2020 $1,408 $68,600 $3,200 $65,400
2019 $822 $39,600 $3,200 $36,400
2018 $822 $57,600 $3,200 $54,400
2017 $792 $39,600 $3,200 $36,400
2016 $792 $39,600 $3,500 $36,100
2014 $792 $39,600 $3,500 $36,100
2013 $792 $43,500 $3,500 $40,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21862293

MIBOR Broker Listing Cooperative®

APN: 05-02-09-101-010-000-002