Kokila Sandeśa of Uddanta Sanstrikal (15th century) mentions Triprangode among other major destinations in the region.

Inscriptions of the Later Chera ruler Goda Ravi Varma (10th century) were discovered from the Triprangode Siva Temple.

Later, the region formed a part of the Kingdom of Tanur (Vettathunad), who were the vassals of the Zamorins of Calicut.

The main army led by the Zamorin camped at Triprangode during the Thirunavaya Wars of the 14th century.

Then one day, Shiva appeared before them, Shiva asked the couple if they desired an ordinary and mentally disabled son who would live a long life, or an exceptional son who would live a short life up until the age of sixteen.

Noticing this markandeya enquired about their sadness and they replied that at the age of sixteen, his time on this earth will come to an end, and so Yama, came to take his life away.

At the time he reached there surprisingly the tree separated into two parts and then he could easily enter into temple.

Shiva blessed Markandeya with eternal life and proclaimed that he shall remain forever as a sixteen-year-old sage.

Since that day, the fiery form of Shiva that appeared to save the boy-sage Markandeya is called Kalasamhara Murti.

The pond at the south-western corner of the temple is considered to be the place where the Lord washed his trident after killing Yama.

An interesting feature of this temple is that there are three types of sreekovils (sanctum sanctorum), which are commonly found in Kerala.

The shrine of Lord Vishnu has an idol in his usual four-armed form, with Shankha, Sudarshana Chakra, Gada and Lotus on his arms.

Near to it, there is a stone statue of Lord Shiva as Mrityunjaya, that means the pose of killing Yama.

There are shrines dedicated to Lord Krishna, Snake deities and Brahmarakshas in the south-western side, all facing east.