Active

$87,000

539 S Main St, Montpelier, IN 47359

5beds

2,139sqft

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Residential, Single Family Residence

Built in 1900

10,018 Square Feet Lot

$-- Zestimate^®

$41/sqft

$-- HOA

What's special

Fenced yardCozy fireplaceGenerous layoutSome hardwood flooring

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!

26 days

575

16

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 3

Primary bedroom

Level: Main
Area: 168 Square Feet
Dimensions: 12x14

Bedroom 2

Level: Main
Area: 100 Square Feet
Dimensions: 10x10

Bedroom 3

Level: Main
Area: 182 Square Feet
Dimensions: 13x14

Bedroom 4

Level: Upper
Area: 180 Square Feet
Dimensions: 12x15

Bedroom 5

Level: Upper
Area: 150 Square Feet
Dimensions: 10x15

Dining room

Level: Main
Area: 187 Square Feet
Dimensions: 11x17

Kitchen

Level: Main
Area: 153 Square Feet
Dimensions: 09x17

Laundry

Level: Main
Area: 60 Square Feet
Dimensions: 05x12

Living room

Level: Main
Area: 286 Square Feet
Dimensions: 13x22

Heating

Other

Cooling

Wall Unit(s)

Appliances

Included: Electric Oven, Water Heater
Laundry: Main Level

Features

Hardwood Floors
Flooring: Hardwood
Windows: WoodWorkStain/Painted
Basement: Partial,Unfinished
Number of fireplaces: 1
Fireplace features: Living Room, Wood Burning

Interior area

Total structure area: 2,139
Total interior livable area: 2,139 sqft
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Detached
Garage spaces: 2

Features

Levels: Two
Stories: 2
Patio & porch: Glass Enclosed, Patio
Fencing: Fenced,Privacy

Lot

Size: 10,018 Square Feet

Details

Parcel number: 050209101083000002
Special conditions: As Is,Fixer Upper,In Foreclosure
Horse amenities: None

Construction

Type & style

Home type: SingleFamily
Architectural style: Other
Property subtype: Residential, Single Family Residence

Materials

Aluminum Siding, Vinyl Siding
Foundation: Crawl Space, Concrete Perimeter

Condition

Fixer
New construction: No
Year built: 1900

Utilities & green energy

Water: Public

Community & HOA

Community

Subdivision: No Subdivision

HOA

Has HOA: No

Location

Region: Montpelier

Financial & listing details

Price per square foot: $41/sqft
Tax assessed value: $112,300
Annual tax amount: $1,046
Date on market: 6/18/2026
Cumulative days on market: 27 days

Estimated market value

Not available

Estimated sales range

Not available

$1,455/mo

Price history

Date	Event	Price
8/7/2010	Listing removed	$59,000$28/sqft
Source: Ellenberger Brothers Real Esta #201005642 Report a problem
7/25/2010	Listed for sale	$59,000$28/sqft
Source: Ellenberger Brothers Real Esta #201005642 Report a problem
4/5/2009	Listing removed	$59,000$28/sqft
Source: Coldwell Banker** #200903775 Report a problem
4/1/2009	Listed for sale	$59,000$28/sqft
Source: Coldwell Banker** #200903775 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,986 +1.6%	$112,300 +13.1%
2024	$1,954 +19.3%	$99,300 +1.6%
2023	$1,638 +24.5%	$97,700 +19.3%
2022	$1,316 +1.4%	$81,900 +24.5%
2021	$1,298 +8.5%	$65,800 +1.4%
2020	$1,196 +126%	$64,900 +8.5%
2019	$529 +8.1%	$59,800 +5.3%
2018	$489 +3.2%	$56,800 +0.7%
2017	$474 -7.4%	$56,400 -2.1%
2016	$512 +8%	$57,600 -2.7%
2014	$475 +4.8%	$59,200 -4.7%
2013	$453 +11.4%	$62,100 +2.1%
2012	$407 +9%	$60,800 +1.8%
2011	$373 -14.8%	$59,700 -2.9%
2010	$438 -5.3%	$61,500 -8.6%
2009	$463	$67,300 +2%
2007	--	$66,000 +18.9%
2006	--	$55,500 +1.6%
2004	--	$54,600

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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