332 S Main St

Montpelier, IN 47359

$169,000
Price
4
Beds
2,691 Sq. Ft.
$63 / Sq. Ft.
2,691
Sq. Ft.
$63
per Sq. Ft.
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Description

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 placeTriplex 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
  1. Listed by Tina Coons • RE/MAX Real Estate Groups • Cell: 765-744-6493

Property Details for 332 South Main Street

Style
Two Story
Architectural Style
Traditional
Subdivision
None
Waterfront
No
Water Features
None
Pet Restrictions
Yes
LISTING UPDATED: 12/15/2025 08:12 PM

Property Details for 332 South Main Street

StatusActive
MLS #202548527
Days on Market115
Taxes$3,172 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1900
Lot Size0.16 AC / 6,880 SF
CountyBlackford County
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Location

Listing Courtesy of RE/MAX Real Estate Groups
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Building Information for 332 South Main Street

Stories2Residences3Year Built1900Building Size-Lot Size0.16 AC / 6,880 SF

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$1,115 per month

30 year fixed, 6.46% Interest

Principal and Interest

$851

Property Taxes

$264

HOA Dues

$0

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Property Information for 332 South Main Street

Summary
Location and General Information
  • Area: Blackford County
  • City: Montpelier
  • Zip Code: 47359
  • City Zoning: R-3 Residential District
  • County Zoning: R-2 Residential District
  • State: IN
  • Township: Harrison
  • Geo Latitude: 41
  • Geo Longitude: -85
  • Road Access: City
  • Inside City Limits: Yes
  • Fips Code: 18009
  • Directions To Property: SR 3 North thru Hartford City to SR 18, east thru Montpelier, south on Main Street to property on west side.
  • Sea Wall Type: None
  • Location: City/Town/Suburb
Taxes and HOA
  • Assessed Value $: $178,500.00
  • Association Dues $: $.00
  • Assoc Dues Frequency: Not Applicable
  • Assoc Restrictions: No
  • Year Taxes Payable: 2025
  • Parcel Number Id: 050209101010000002
School Information
  • School District: Blackford County
  • Elementary: Blackford
  • Middle School: Blackford Jr/Sr
  • High School: Blackford Jr/Sr
Parking
  • Number Of Parking Spaces: 3
  • Parking: Off Street, Street
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Triplex
  • Approx Lot Size Acres: 0.17
  • Lot Dimensions: 43x160
  • Lot Number: 8
  • Below Grade Unfin Sqft: 1332.0
  • Total Square Feet: 4023.0
  • Upper Level Sqft: 1359.0
  • Approx Lot Size Sqft: 6880.0
  • Above Grade Finished Sqft: 2691.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 1332.0
  • Total Finished Sqft: 2691.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Level
  • Main Level Sqft: 1332.0
Property and Assessments
  • New Construction: No
  • Year Built: 1900
  • Age: 125
  • Possession: Subject to Tenant Rights
  • Documents Available: LBP Form, Sellers Disclosure
  • Government Subsidized: No
  • Planned Unit Development: No
Green Features
  • Exemptions: No Exemptions
Utilities
  • Cable Company: Comcast/Xfinity
  • Electric Company: AEP/I&M
  • Gas Company: CenterPoint Energy
  • Sewer: City
  • Water Company: Montpelier Water & Sewer
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Basement, Eat-In Kitchen, Foyer Entry, Porch Covered, Water Heater Electric, Washer Hook-Up
  • Common Amenities: None
  • Driveway: Gravel
  • Exterior: Vinyl
  • Fence: None
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
  • Road Surface: Asphalt
  • Roof Material: Shingle
Interior Features
  • Number of Electric Meters: 3
  • Number of Gas Meters: 3
  • Number of Dishwashers: 0
  • Number of Disposals: 0
  • Number of Dryers: 0
  • Number of Microwaves: 0
  • Number of Ranges/Ovens: 3
  • Number of Refrigerators: 3
  • Number of W/D Hookups: 3
  • Number of Washers: 0
  • Number Water Meters: 1
  • Basement Material: Block
  • Basement: Yes
  • Basement/Foundation: Full Basement
  • Cooling: None
  • Flooring: Vinyl
  • Heating/Fuel: Gas, Forced Air
  • Stories: 2
  • Number of Above Grade Bedrooms: 3
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 1
  • Total Number of Bedrooms: 4
  • Total Number of Full Baths: 3
  • Total Number of Half Baths: 0
  • Total Baths: 3
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 1
  • Num Of 2 Bedrooms: 2
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Number of People Allowed: 6
  • Num of Efficiencies: 0
  • Num of Units Rented: 3
  • Number of Buildings: 1
  • Number of Units: 3
  • Restrictions: No
  • RI/MF Occup Permit: Yes
Income & Expenses Information
  • Annual Electric Expense: $.00
  • Annual Fuel Expense: $.00
  • Annual Gross Rent $: $21,996
  • Annual Insurance Expense: $1,200
  • Annual Maint. Expense: $0
  • Annual Misc: $0
  • Annual Net Income: $16,424
  • Annual Property Tax: $3,172
  • Annual Trash Expense: $0
  • Annual Water/Sewer Exp: $1,200
  • Gross Monthly Income: $1,833
  • Gross Monthly Rent: $1,833
Unit Information
Unit 1
  • Unit 1-Num of Bathrooms: 1
  • Unit 1-Num of Bedrooms: 1
  • Unit 1-Num of Rooms: 4
  • Unit 1-Basement: No
  • Unit 1-Currently Rented: Yes
  • Unit 1-Electric: Tenant
  • Unit 1-Garage: No
  • Unit 1-Gas: Tenant
  • Unit 1-Level: Main
  • Unit 1-Rent Frequency: Monthly
  • Unit 1-Unit Number: A
  • Unit 1-Unit Rent $: $700
Unit 2
  • Unit 2-Num of Bathrooms: 1
  • Unit 2-Num of Bedrooms: 2
  • Unit 2-Num of Rooms: 4
  • Unit 2-Basement: No
  • Unit 2-Currently Rented: Yes
  • Unit 2-Electric: Tenant
  • Unit 2-Garage: No
  • Unit 2-Gas: Tenant
  • Unit 2-Laundry Room: Kitchen
  • Unit 2-Level: Upper
  • Unit 2-Rent Frequency: Monthly
  • Unit 2-Unit Number: B
  • Unit 2-Unit Rent $: $455
Unit 3
  • Unit 3-Num of Bathrooms: 1
  • Unit 3-Num of Bedrooms: 1
  • Unit 3-Num of Rooms: 3
  • Unit 3-Basement: No
  • Unit 3-Currently Rented: Yes
  • Unit 3-Electric: Tenant
  • Unit 3-Garage: No
  • Unit 3-Gas: Tenant
  • Unit 3-Laundry Room: Kitchen
  • Unit 3-Level: Upper
  • Unit 3-Rent Frequency: Monthly
  • Unit 3-Unit Number: C
  • Unit 3-Unit Rent $: $678
Rental
Rental Information
  • Lease Term: 1 Year
  • Owner Pays: Water
  • Tenant Pays: Electric

Property History for 332 South Main Street

DateEvent & SourcePriceAppreciation
Mar 31, 2026

Expired

MIBORMLS #22076414

—
Dec 9, 2025

Listed (Active)

MIBORMLS #22076414

$169,000—
Dec 9, 2025

Listed (Active)

Indiana Regional MLS #202548527

$169,000—
DateEvent & SourcePrice
03/31/2026

Expired

MIBORMLS #22076414

—
12/09/2025

Listed (Active)

MIBORMLS #22076414

$169,000
12/09/2025

Listed (Active)

Indiana Regional MLS #202548527

$169,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 332 South Main Street

Taxable ValueLand$6,400Additions$172,100Total$178,500
Tax Record2024$3,212 ($268 / month)
Home Facts
Baths3Total Finished SqFt2,691 SqFtAbove Grade Finished SqFt2,691 SqFtStories2Lot Size7,579 SqFtStyleTriplexYear Built1990ZoningZO01CountyBLACKFORDAPN05-02-09-101-010.000-002

Schools near 332 South Main Street

This home is within Blackford County Schools.
Rating
School
Type
Grades
Distance
Blackford Primary School
Public - PK to 2
Blackford Intermediate School
Public - PK to 6
Blackford High School
Public - 7 to 12
Rating
School
Distance
Blackford Primary School
PublicPK to 2

Blackford Intermediate School
PublicPK to 6

Blackford High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 332 South Main Street, Montpelier, IN 47359

332 South Main Street is a multi-family home for sale in Montpelier, IN 47359. This property was listed for sale on December 9, 2025 by RE/MAX Real Estate Groups, it's currently listed at $169,000. It has been on the market for a total of 115 days and was last sold on February 10, 2023. This listing's school district is Blackford County Schools. Nearby schools include Blackford Primary School, Blackford Intermediate School and Blackford High School. 332 South Main Street is a 4-bed, 3-bath, 2,691 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Real Estate Groups

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.