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$89,900 $20,100on 11/20/2024

659 W HUNTINGTON Road Montpelier, IN  47359

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Property Description for 659 W HUNTINGTON Road Montpelier, IN 47359

For Sale: Prime Restaurant/Ice Cream Shop Location in Montpelier, IN! Formerly Frosty’s, this high-traffic gem on SR 18 is ready for its next chapter. Features: Turnkey Operation: Step in and start immediately. Immaculate Condition: Freshly painted and well-maintained. Fully Equipped: Includes gas forced heating, central AC, 1 bathroom, walk-in freezer, and 3 new refrigerator/freezer, ice cream machine, milkshake machine, ice maker, cash register, fryers, griddle and more. Full Menu: Offers a diverse selection of food, ice cream, and drinks. Location Highlights: High Visibility: Situated on busy SR 18 in Montpelier. Nearby Attractions: Close to popular Carrie's Restaurant, gas stations, and other city conveniences. Event Ready: Perfect spot for the Annual Jamboree and other local events. Don’t miss out on this opportunity to own a fully operational and strategically located restaurant/ice cream shop.

Address:659 W HUNTINGTON Road Montpelier IN 47359
Status:Active
on site: 85 days
Price:$89,900
Bathrooms:0
Year Built:1950
Lot Size:0.17
County: Blackford County
Township: Harrison
MLS #:202436419
Property Type:Restaurant/Bar

Lot Dimensions:Irregular
Directions:SR 3 thru Hartford City to SR 18 turn right into Montpelier- SR 18 turns into Huntington, property is on the right.
Basement:No

Loan Price
$684
Price And Interest $469/month
Property Tax $178/month
MTG INS $0/month
HOME INS $37/month
Price
$89,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$178/month
Home Owner Insurance
$444 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
11/20/24 $110,000 $89,900 -18.27%
11/11/24 $150,000 $110,000 -26.67%
10/08/24 $175,000 $150,000 -14.29%

RoomSizeLevel
3rd Bedroom 1 x 1395 Info Not Available
Den 1 x 1395 Info Not Available

Semi-Annual Property Tax:$1,068
Tax Year:2023
Mandatory HOA Fee:$

Subdivision: None
Zip Code:47359

Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Fort Wayne REALTORS®

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Listing provided courtesy of Tina Coons with RE/MAX Real Estate Groups

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Montpelier Market Report

161
Avg. DOM
$105.53
Avg. $ / Sq.Ft.
$ 119,000
Med. List Price

The house prices in Montpelier are indeed dropping at the moment. There has been a decrease in price of $56,450.00. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Montpelier are going Down. The average house price is $139,000.00 and the average price per square feet is $112.16 per square feet. At the moment, the amount of homes listed is exactly 32 houses, with 8 with active status, 5 with pending status and 19 sold in Montpelier .

The most popular place to buy a home in Montpelier is 502 - Blackford - Harrison. 502 - Blackford - Harrison is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Montpelier .

The average amount of property taxes you would have to pay for a home in Montpelier is $920.63. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Montpelier are staying listed for an average of 74 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Montpelier was 28099 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Montpelier is $300,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Montpelier is $79,900.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Montpelier in year 1959 and the newest built house is in year 2003.

The average size of properties in Montpelier is 1386.88 sq.ft. , the biggest one being 2400 sq.ft. and the smaller being 864 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.