NOT LISTED FOR SALE

401 E Main St Montpelier, OH 43543

Estimated Value: $98,000 - $105,000

3 Beds
2 Baths
1,982 Sq Ft
$52/Sq Ft Est. Value

Sale Details

Date Sold: May 18, 2023

Last sale price $80,000 $40 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $619 / mo

17 Days on Market

Highlights

  • Barn
  • Cooling Available
  • Wood Siding
  • Corner Lot
  • Forced Air Heating System

About This Home

As of May 2023

Take a look at this well maintained duplex located on Main Street close to downton and the Park. Contains all the natural woodwork, could easily be converted back to a single family home. Both units are leased with a good rent history. Tenants pay their own utilities.

Last Agent to Sell the Property

John Dye

Strong Real Estate Solutions License #2009002112 Listed on: 04/17/2023

Last Buyer's Agent

David Cooley

The Carlin Company License #0000370820

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,016

Year Built

  • Built in 1920

Lot Details

  • 8,712 Sq Ft Lot
  • Corner Lot

Home Design

  • Duplex
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,982 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • Alley Access
  • Driveway

Schools

  • Montpelier Elementary School
  • Montpelier High School

Farming

  • Barn

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • 2 Units
  • Snyders Thrid Addn. Subdivision

Listing and Financial Details

  • Total Actual Rent $945
  • Tenant pays for electricity, gas, sewer, trash collection, water
  • The owner pays for exterior maintenance, insurance, repairs, taxes
  • Assessor Parcel Number 072-020-17-012.000
  • $3 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,016

Year Built

Built in 1920

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1920
  • Lot Size Acres: 0.2
  • Lot Size: 8,712
  • Subdivision Name: Snyders Thrid Addn.
  • Carport Y N: No
  • Structure Type: Duplex
  • Status Change Information: Status Change Timestamp: 2023-05-18
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Number Of Buildings: 1
  • Owner Pays: Exterior Maintenance, Insurance, Repairs, Taxes
  • Has Basement: Full
  • Basement YN: Yes
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Lot Features: Corner Lot
  • Disclosures: Lead Based Paint Disclosure, Property Disclosure
  • Construction Type: Wood Siding
  • Other Structures: Barn(s)

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, Alley Access, Driveway
  • Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Sanitary Sewer
  • Appliances: Water Heater
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Montpelier

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Parcel #: 072-020-17-012.000

Rental Info

  • Tenant Pays: Electricity, Gas, Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 945.0

MLS Schools

  • Elementary School: Montpelier
  • HighSchool: Montpelier

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2023
Closed on
May 12, 2023
Sold by
Jc Ventures 2 Llc
Bought by
Hornung Angelo
Seller's Agent
John Dye
Strong Real Estate Solutions
Buyer's Agent
David Cooley
The Carlin Company
List Price
$84,900
Sold Price
$80,000
Premium/Discount to List
-$4,900
-5.77%
Views
2
Current Estimated Value
$102,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,717
Avg. Annual Appreciation
8.94%
Original Mortgage
$60,000
Outstanding Balance
$57,967
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$44,750

Purchase Details

Closed on
Sep 22, 2022
Sold by
Jerco Ventures Llc
Bought by
Jc Ventures 2 Llc

Purchase Details

Closed on
Jan 7, 2005
Sold by
Mccullough Patrick and Mccullough Suzi
Bought by
Jerco Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,200
Interest Rate
5.83%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 20, 1992
Bought by
Mccullough Patrick And
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hornung Angelo $125 None Listed On Document
Jc Ventures 2 Llc -- --
Jc Ventures 2 Llc -- None Listed On Document
Jerco Ventures Llc $44,000 None Available
Mccullough Patrick And $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hornung Angelo $60,000
Previous Owner Jerco Ventures Llc $35,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2023 05/18/23 Sold $80,000 -5.8% $40 / Sq Ft
05/05/2023 05/05/23 Pending -- -- --
04/17/2023 04/17/23 For Sale $84,900 -- $43 / Sq Ft
Source: Northwest Ohio Real Estate Information Service (NORIS)

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
2025 $940 $28,000 $2,800 $25,200
2024 $940 $28,000 $2,800 $25,200
2023 $968 $26,080 $2,770 $23,310
2022 $1,016 $26,080 $2,770 $23,310
2021 $1,015 $26,080 $2,770 $23,310
2020 $921 $22,690 $2,420 $20,270
2019 $912 $22,690 $2,420 $20,270
2018 $882 $22,690 $2,420 $20,270
2017 $876 $21,850 $2,420 $19,430
2016 $852 $21,850 $2,420 $19,430
2015 $898 $21,850 $2,420 $19,430
2014 $898 $21,850 $2,420 $19,430
2013 $902 $21,850 $2,420 $19,430
Source: Public Records

Agents Affiliated with this Home

  • John Dye

    Seller's Agent in 2023

    John Dye

    Strong Real Estate Solutions

    (419) 630-6453

    59 in this area

    92 Total Sales

    John Dye
    Section Image
  • David Cooley

    Buyer's Agent in 2023

    David Cooley

    The Carlin Company

    (419) 633-0208

    23 in this area

    79 Total Sales

    David Cooley
    Section Image
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Map

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 6100413

Northwest Ohio Real Estate Information Service (NORIS)

APN: 072-020-17-012.000

Ohio Williams County Montpelier 43543

401 E Main St, Montpelier, OH

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Northwest Ohio Real Estate Information Service (NORIS) 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. ©2026 NORIS. All rights reserved.

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