Sold
Last Sold Price
5 beds3,151 sqft

607 W Monroe St, Decatur, IN 46733

Multi FamilyProperty Type
0.19 acresLot Size
1900Year Built
$53/sq ftPrice per sq ft
5 carsParking Spaces

Description

Cash flowing investment opportunity. This well maintained triplex has 3 units currently rented. Unit 1 on main floor has 2 bedrooms with a large great room, 2- car garage access, and a front enclosed porch. It features hardwood floors, 2-car attached garage access, and laundry access in the basement. Unit 2 is on the main floor with 1 bedroom, carpeted and vinyl floors and laundry access. Unit 3 is upstairs with 2 bedrooms, carpet, hardwood, and vinyl floors. Owner currently pays for gas, water,...Cash flowing investment opportunity. This well maintained triplex has 3 units currently rented. Unit 1 on main floor has 2 bedrooms with a large great room, 2- car garage access, and a front enclosed porch. It features hardwood floors, 2-car attached garage access, and laundry access in the basement. Unit 2 is on the main floor with 1 bedroom, carpeted and vinyl floors and laundry access. Unit 3 is upstairs with 2 bedrooms, carpet, hardwood, and vinyl floors. Owner currently pays for gas, water, sewer, and trash collection, while tenants pay for electricity. Each unit has it's own electric meter and two water heaters supply all three units. There is plenty of off street parking and a fenced in back yard.
  • Listed by: Ryan Blythe • North Eastern Group Realty Cell: 260-494-9490
  • Listed by: Bob Blythe • North Eastern Group Realty
Listing closed: 03/19/2026 12:00 AM • Source: Indiana Regional MLS, MLS#: 202604400
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Recent comparable sales

Median sold price

$205,000

Avg days on market

49

Sale-to-list ratio

92.1%

Decatur, IN

9 comparable properties found

$181,500 | 1705 West Monroe Street, Decatur, IN 46733
1/28
1

$181,500

Sold 01/13/26

5
Bedrooms
2,604
Square Feet
0.6
Acres
$449,000 | 503 West Monroe Street, Decatur, IN 46733
1/37
2

$449,000

Sold 06/17/26

5
Bedrooms
3,136
Square Feet
0.39
Acres
$205,000 | 403 Madison Street, Decatur, IN 46733
1/33
3

$205,000

Sold 05/02/25

4
Bedrooms
3,027
Square Feet
0.2
Acres
$227,000 | 115 North 11th Street, Decatur, IN 46733
1/36
4

$227,000

Sold 12/29/25

4
Bedrooms
2,858
Square Feet
0.31
Acres
a front view of house with yard
1/20
5

$165,000

Sold 11/10/25

5
Bedrooms
2,972
Square Feet
0.18
Acres
$197,500 | 2174 Ravina Park Court, Decatur, IL 62526
1/11
6

$197,500

Sold 06/11/25

5
Bedrooms
2,830
Square Feet
0.28
Acres
7

$270,000

Sold 07/10/25

4
Bedrooms
3
Bathrooms
2,736
Square Feet
0.51
Acres
front view of a house with a yard
8

$128,500

Sold 01/02/25

5
Bedrooms
3,314
Square Feet
1.33
Acres
$210,000 | 333 North 1st Street, Decatur, IN 46733
1/34
9

$210,000

Sold 05/14/26

5
Bedrooms
2,094
Square Feet
0.12
Acres

Location

Listing Courtesy of North Eastern Group Realty

Sold By Harner Realty LLC

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Property Information for 607 West Monroe Street

Property Details

  • Taxes: $3,328 / year
  • MLS Type: Multi Family / Triplex
  • County: Adams County
  • Style: Two Story
  • Subdivision: None
  • Waterfront: No
  • Pet Restrictions: No

Building Information

  • Stories: 2
  • Residences: 3
  • Year Built: 1900
  • Lot Size: 0.19 AC / 8,276 SF

Summary

Location and General Information
  • Area: Adams County
  • City: Decatur
  • Zip Code: 46733
  • State: IN
  • Township: Washington
  • Geo Latitude: 41
  • Geo Longitude: -85
  • Fips Code: 18001
  • Directions To Property: Turn east on Monroe Street off of 27. Property on right.
Taxes and HOA
  • Assessed Value $: $178,500.00
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2025/2026
  • Parcel Number Id: 01-05-03-113-082.000-022
School Information
  • School District: North Adams Community
  • Elementary: Bellmont
  • Middle School: Bellmont
  • High School: Bellmont
Parking
  • Number Of Parking Spaces: 5

Property

Lot Information
  • Class: INVESTMENT
  • Property Subtype: Triplex
  • Approx Lot Size Acres: 0.19
  • Lot Dimensions: 66x123
  • Below Grade Unfin Sqft: 1230.0
  • Total Square Feet: 4381.0
  • Approx Lot Size Sqft: 8276.0
  • Above Grade Finished Sqft: 3151.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 1230.0
  • Total Finished Sqft: 3151.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Level
  • Floor Plans Count: 0.0
Property and Assessments
  • New Construction: No
  • Year Built: 1900
  • Age: 126
  • Planned Unit Development: No
Utilities
  • Sewer: City
  • Water Utility: City

Interior and Exterior Features

Exterior Features
  • Amenities: Basement, Fenced Yard, Off Street Parking
  • Exterior: Brick, Vinyl
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
Interior Features
  • Number of Electric Meters: 3
  • Number of Gas Meters: 1
  • Number of Dishwashers: 0
  • Number of Disposals: 0
  • Number of Dryers: 2
  • Number of Microwaves: 0
  • Number of Ranges/Ovens: 3
  • Number of Refrigerators: 3
  • Number of W/D Hookups: 2
  • Number of Washers: 2
  • Number Water Meters: 1
  • Basement: Yes
  • Basement/Foundation: Crawl, Slab
  • Cooling: None
  • Flooring: Carpet, Vinyl, Wood
  • Heating/Fuel: Gas, Hot Water
  • Stories: 2
  • Number of Above Grade Bedrooms: 5
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 5
  • 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
  • Num of Efficiencies: 0
  • Num of Units Rented: 3
  • Number of Units: 3
Income & Expenses Information
  • Annual Electric Expense: $.00
  • Annual Fuel Expense: $629.00
  • Annual Gross Rent $: $27,900
  • Annual Insurance Expense: $1,679
  • Annual Maint. Expense: $9,980
  • Annual Misc: $0
  • Annual Net Income: $10,364
  • Annual Property Tax: $3,328
  • Annual Trash Expense: $0
  • Annual Water/Sewer Exp: $1,920
  • Gross Monthly Income: $2,325
  • Gross Monthly Rent: $2,325

Unit Information

Unit 1
  • Unit 1-Num of Bathrooms: 1
  • Unit 1-Num of Bedrooms: 2
  • Unit 1-Num of Rooms: 5
  • Unit 1-Basement: Yes
  • Unit 1-Currently Rented: Yes
  • Unit 1-Deposit Amount: $925.00
  • Unit 1-Electric: Tenant
  • Unit 1-Garage Type: Attached
  • Unit 1-Garage: Yes
  • Unit 1-Garage/Num of Cars: 2
  • Unit 1-Gas: Owner
  • Unit 1-Laundry Room: Basement
  • Unit 1-Lease Exp Date: 10-31-2026
  • Unit 1-Level: Main
  • Unit 1-Rent Frequency: Monthly
  • Unit 1-Unit Number: 1
  • Unit 1-Unit Rent $: $925
Unit 2
  • Unit 2-Num of Bathrooms: 1
  • Unit 2-Num of Bedrooms: 1
  • Unit 2-Num of Rooms: 3
  • Unit 2-Basement: No
  • Unit 2-Currently Rented: Yes
  • Unit 2-Deposit Amount: $500.00
  • Unit 2-Electric: Tenant
  • Unit 2-Garage Type: None
  • Unit 2-Garage: No
  • Unit 2-Gas: Owner
  • Unit 2-Laundry Room: Kitchen
  • Unit 2-Lease Exp Date: 11-30-2026
  • Unit 2-Level: Main
  • Unit 2-Rent Frequency: Monthly
  • Unit 2-Unit Number: 2
  • Unit 2-Unit Rent $: $550
Unit 3
  • Unit 3-Num of Bathrooms: 1
  • Unit 3-Num of Bedrooms: 2
  • Unit 3-Num of Rooms: 4
  • Unit 3-Basement: No
  • Unit 3-Currently Rented: Yes
  • Unit 3-Deposit Amount: $850.00
  • Unit 3-Electric: Tenant
  • Unit 3-Garage Type: None
  • Unit 3-Garage: No
  • Unit 3-Gas: Owner
  • Unit 3-Laundry Room: None
  • Unit 3-Lease Exp. Date: 10-31-2026
  • Unit 3-Level: Upper
  • Unit 3-Rent Frequency: Monthly
  • Unit 3-Unit Number: 3
  • Unit 3-Unit Rent $: $850

Rental

Rental Information
  • Lease Term: 1 Year
  • Owner Pays: Fuel, Sewer, Trash Collection, Water
  • Tenant Pays: Electric

Property History for 607 West Monroe Street

DateEvent & SourcePriceAppreciation
Mar 19, 2026

Sold (Public Record)

Public Record #1935807532

$167,900—
Mar 19, 2026

Sold

Indiana Regional MLS #202604400

$167,900—
Feb 27, 2026

Pending

Indiana Regional MLS #202604400

—
DateEvent & SourcePrice
03/19/2026

Sold (Public Record)

Public Record #1935807532

$167,900
03/19/2026

Sold

Indiana Regional MLS #202604400

$167,900
02/27/2026

Pending

Indiana Regional MLS #202604400

—

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

Public records

607 West Monroe Street

Baths

3

Total Finished SqFt

3,151 SqFt

Above Grade Finished SqFt

3,151 SqFt

Unfinished Basement SqFt

1,230 SqFt

Stories

1

Lot Size

8,184 SqFt

Schools near 607 West Monroe Street

This home is within North Adams Community Schools.
Rating
School
Type
Grades
Distance
Public - 6 to 8
Public - 9 to 12
Private - PK to 8
Private - PK to 8
Rating
School
Distance
Bellmont Middle School
Public6 to 8

Bellmont Senior High School
Public9 to 12

Zion Lutheran School
PrivatePK to 8

St Joseph School
PrivatePK to 8

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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 607 West Monroe Street, Decatur, IN 46733
$167,900
5
3,151
8,276
–
–
1
740
4,818
–
–
3
3,094
18,032
$107,900
3
988
6,534
$175,000
4
1,894
4,792
$165,000
3
1,912
8,712

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of North Eastern Group Realty

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.