Block heater ??. Yes, I suppose it could be (not saying it is), but I put a block heater in my 40’s 2f…and as I recall (many years ago) I was instructed to install it in 3rd hole. I believe that one of yours is in the 2nd hole.
If it were mine, I would buy a new correct size freeze plug & just replace what’s leaking…as you are obviously not using it as a block heater.
Here’s a picture of my freeze plugs on that side. Can’t actually see the one in question but they are all the same.