Listing courtesy of The Taflinger Real Estate Group · Listing agent: Brad Taflinger · Office: 765-282-1227

Virtual tour
ActiveSite-Built Home

539 S Main Street

$55,000

$33.15 / sq ft

Est. $401/mo

Montpelier, IN 47359-1469

Original price $87,000 · Price reduced on September 22, 2026

  • Bank owned
  • 2-car garage
  • Fireplace
  • Basement
Bedrooms
5
Bathrooms
1
Living area
1,659 sq ft
Lot
0.23 ac
Year built
1970
Type
Site-Built Home
Listed
June 18, 2026
MLS #
202624040

About this home

Opportunity awaits with this spacious 5-bedroom, 1-bath two-story home conveniently located near downtown Montpelier. Offering plenty of character and room to grow, this property features some hardwood flooring, a cozy fireplace, and a detached 2-car garage. The fenced yard provides space for pets, gardening, or outdoor gatherings. With its generous layout and classic features, this home offers excellent potential for an owner-occupant looking to build equity or an investor seeking their next project. Bring your ideas and vision to make this property shine once again!

Monthly payment estimate

$401/mo

Principal & interest
$301
Property taxes
$84
Homeowners insurance
$16
Your loan

  • Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
  • Taxes: the seller's 2026 bill as reported to the MLS. Yours may differ once your own deductions apply.
  • Insurance: estimated at 0.35% of the price per year.
  • An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
Change taxes, insurance and more in the full calculator

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Property details

Interior

Levels
Two
Total rooms
9
Total area
2,110 sq ft
Finished area above grade
1,659 sq ft
Unfinished area below grade
451 sq ft
Main level
1,179 sq ft
Upper level
480 sq ft
Below grade total
451 sq ft
Bedrooms above grade
5
Full baths, main level
1
Basement
Crawl Space, Partial
Flooring
Hardwood, Carpet, Vinyl
Cooling
Wall Unit(s)
Fireplaces
1
Fireplace features
Living/Great Rm, Wood Burning
Laundry
Electric Dryer Hookup, Main Level
Interior features
Countertops-Laminate, Range/Oven Hook Up Elec, Tub/Shower Combination, Formal Dining Room, Main Floor Laundry

Exterior & parking

Construction
Aluminum Siding, Vinyl Siding
Roof
Asphalt, Rubber, Shingle, Dimensional Shingles
Foundation
Poured Concrete
Garage spaces
2
Attached garage
No
Garage type
Detached
Garage sq ft
700 sq ft
Parking
Concrete
Private pool
No
Fencing
Privacy
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot features
Level
Lot size (acres)
0.23 ac
Lot dimensions
95X107
Location type
City/Town/Suburb
Inside city limits
Yes
County
Blackford County
Township
Harrison
Road frontage
City Street
Road surface
Asphalt
Lots
345
Platted
Yes
Planned unit development
No
Directions
south on Main St to home on east side of road

Schools

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

Taxes & terms

Annual taxes
$1,011
Tax year
2026
Assessed value
$112,300
Tax exemptions
Homestead
Listing terms
Cash, Conventional
Possession
DOC
Parcel number
05-02-09-101-083.000-002

Included in the sale

Included in sale
Kitchen Exhaust Hood,Range-Electric,Sump Pump,Water Heater Gas

Utilities

Water
City
Sewer
Public Sewer
Electric provider
AEP/I&M
Water provider
Montpelier Water & Sewer

Income & commercial

Gas meters
5

Location

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$55,000

5 beds · 1 bath