$169,000

332 S Main St Montpelier, IN 47359

Estimated payment $1,150/month

4 Beds
3 Baths
2,691 Sq Ft
$63 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • Forced Air Heating System
  • Covered Patio or Porch
  • Entrance Foyer
  • Level Lot

About This Home

Triplex with monthly income of $1833 (Unit A $700, Unit B $455, Unit C $678) Owner pays water Possession tenants rights Very nice condition and excellent renters in place

Listing Agent

Tina Cale-Coons

RE/MAX Real Estate Groups Brokerage Phone: 765-744-6493 Listed on: 12/09/2025

RE/MAX Real Estate Groups

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,172

Year Built

  • Built in 1900

Lot Details

  • 6,880 Sq Ft Lot
  • Lot Dimensions are 43x160
  • Level Lot

Home Design

  • Triplex
  • Traditional Architecture
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Entrance Foyer
  • Vinyl Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Washer Hookup

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • 1 Bedroom in Basement

Parking

  • 3 Parking Spaces
  • Gravel Driveway
  • On-Street Parking
  • Off-Street Parking

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 050209101010000002
  • Seller Concessions Not Offered

Community Details

Overview

  • 3 Units

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Water Sewer Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,172

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1900
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: O P CENTER 47 1/2X160 LOT 8 BLK 14
  • Parcel Number ID: 050209101010000002
  • Platted: Yes
  • Amenities: Basement, Eat-In Kitchen, Foyer Entry, Porch Covered, Water Heater Electric, Washer Hook-Up
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Number Below Grade Bedrooms: 1
  • Road Access: City
  • Road Surface: Asphalt
  • County Zoning: R-2 Residential District
  • Special Features: None

Interior Features

  • Total Sq Ft: 4023
  • Total Finished Sq Ft: 2691
  • Above Grade Finished Sq Ft: 2691
  • Below Grade Sq Ft: 1332
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Flooring: Vinyl
  • Main Level Sq Ft: 1332
  • Total Below Grade Sq Ft: 1332
  • Number Of Ranges Ovens: 3

Exterior Features

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

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 3
  • Parking: Off Street, Street

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: CenterPoint Energy
  • Water Company: Montpelier Water & Sewer
  • Cable Company: Comcast/Xfinity
  • Annual Insurance Expense: 1200
  • Annual Water Sewer Expense: 1200
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Of W D Hookups: 3
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Blackford

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 43x160
  • Estimated Lot Sq Ft: 6880
  • Estimated Lot Size Acres: 0.17
  • Lot Number: 8

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Water
  • Tenant Pays: Electric

Tax Info

  • Annual Property Tax: 3172

Multi Family

  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 2

MLS Schools

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

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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 $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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/09/2025 12/09/25 For Sale $169,000 +81.7% $63 / Sq Ft
02/10/2023 02/10/23 Sold $93,000 -2.1% $35 / Sq Ft View Prior Sale
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: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $93,000 Investors Title Service Inc
Deed $52,000 --
Warranty Deed $20,000 Metropolitian Title Of Indiana
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner -- No Value Available
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202548527

Indiana Regional MLS

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