Listing courtesy of RE/MAX Real Estate Groups · Listing agent: Tina Coons · Cell: 765-744-6493

Virtual tour
PendingTriplex

332 S Main Street

$145,000

$53.88 / sq ft

Montpelier, IN 47359

Original price $169,000 · Price reduced on June 2, 2026

  • Basement
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Bedrooms
4
Bathrooms
3
Living area
2,691 sq ft
Lot
0.17 ac
Year built
1900
Type
Triplex
Listed
December 10, 2025
MLS #
202548527

About this home

Triplex with monthly income of $1875 (Unit A $700, Unit B $455, Unit C $720) Owner pays water Possession tenants rights Very nice condition and excellent renters in place

Property details

Interior

Levels
Two
Stories
2
Total area
4,023 sq ft
Finished area above grade
2,691 sq ft
Unfinished area below grade
1,332 sq ft
Main level
1,332 sq ft
Upper level
1,359 sq ft
Below grade total
1,332 sq ft
Bedrooms above grade
3
Bedrooms below grade
1
Basement
Full
Flooring
Vinyl
Heating
Natural Gas, Forced Air
Amenities
Basement, Eat-In Kitchen, Foyer Entry, Porch Covered, Water Heater Electric, Washer Hook-Up

Exterior & parking

Style
Traditional
Construction
Vinyl Siding
Roof
Shingle
Foundation
Block
Parking
Gravel, Off Street, On Street
Private pool
No
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot features
Level
Lot size (acres)
0.17 ac
Lot dimensions
43x160
Location type
City/Town/Suburb
Inside city limits
Yes
County
Blackford County
Township
Harrison
Road frontage
City Street
Road surface
Asphalt
Lots
8
Platted
Yes
Planned unit development
No
Directions
SR 3 North thru Hartford City to SR 18, east thru Montpelier, south on Main Street to property on west side.

Schools

Elementary school
Blackford
Middle school
Blackford Jr/Sr
High school
Blackford Jr/Sr
School district
Blackford County

HOA & community

HOA fee
$0
Association restrictions
No

Taxes & terms

Annual taxes
$3,172
Tax year
2025
Assessed value
$178,500
Tax exemptions
No Exemptions
Listing terms
Cash, Conventional
Possession
Tenants Rights
Parcel number
050209101010000002

Included in the sale

Included in sale
Building,Lease

Utilities

Water
City
Sewer
Public Sewer
Electric provider
AEP/I&M
Gas provider
CenterPoint Energy
Water provider
Montpelier Water & Sewer
Cable / internet provider
Comcast/Xfinity

Income & commercial

Units
3
Buildings
1
Annual gross rent
$22,500
Net operating income
$16,928
Lease term
12 Months
Parking spaces
3
Pets allowed
Yes
Tenant pays
Electricity
Electric meters
3
Gas meters
3
Water meters
1
Insurance (annual)
$1,200
Water & sewer (annual)
$1,200

Location

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$145,000

4 beds · 3 baths