Live-Work Property with
New
For Sale
$424,900
5412 N 700 E, Montpelier, IN 47359
COMMERCIAL, Montpelier, IN
Property SizeContact for details
Lot Size3.95 Acres
Days on Market2
Property Features for 5412 N 700 E
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
State Road 18 East to River Road. South on River Road to 700 East. Turn right. Property will be on the North side of the road.
Subdivision
Blackford County
Standard status
Active
APN
05-02-14-400-009.000-001
Lot size
3.95 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
FR NESE 14 24 11 3.95 AC
Tax Annual Amount
1766
Legal Description
FR NESE 14 24 11 3.95 AC
Utilities
Cooling system
Wall Unit(s)
Water front features
Pond
Water front
1
Building Details
Year built
1990
Flooring type
Carpet, Concrete
Roof type
Metal
Listing Agency:
RE/MAX Realty One · RE/MAX International
(765) 454-7300
Listed By:
Diana Geistler
(765) 506-7110
Added: Nov 3
Last Checked: Nov 4 at 1:06AM
MLS# 202645250
Copyright © 2026 REALTORS Association of Central Indiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This live-work property combines residential space with garage and workshop capacity. The layout includes a three-car attached garage, a separate oversized attached garage with two bays sized for RV or large-vehicle storage, and a detached one-car garage equipped with propane heat, water, and a drain. The home was built in 1990 and has carpet and concrete flooring, wall-unit cooling, and a metal roof.
The 3.95-acre property in Montpelier, Indiana, includes a stocked pond with a depth of 13 feet. The combination of living space, multiple vehicle-storage areas, and a detached garage with utilities supports a range of on-site work and storage needs.
The 3.95-acre property in Montpelier, Indiana, includes a stocked pond with a depth of 13 feet. The combination of living space, multiple vehicle-storage areas, and a detached garage with utilities supports a range of on-site work and storage needs.
Key Highlights
- 3.95 acres with a stocked pond reaching 13 feet deep
- Attached three‑car garage plus a separate two‑bay garage sized for RV or large‑vehicle storage
- Detached one‑car garage has propane heat, water, and a drain
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
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Business Placement
Demographics for 47359, IN
2,744
Population
1,530
Households
1.8
Avg Household Size
43
Median Age
7%
College-Educated
90%
High-School Grad
56.9 sq mi
ZIP Area
48
Density / Sq Mi
$67,308
Median Household Income
$35,975
Median Earnings
$727
Median Rent
$112,400
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Live-work space - Set on 3.95 acres, the property includes a stocked pond and multiple garage and workshop areas.
Where is this live-work space located?
The property is located at 5412 N 700 E Montpelier, IN.
What is the asking price?
The asking price for this property is $424,900.
What are key features of this property?
This property features: 3.95 acres with a stocked pond reaching 13 feet deep; Attached three‑car garage plus a separate two‑bay garage sized for RV or large‑vehicle storage; Detached one‑car garage has propane heat, water, and a drain
