NOT LISTED FOR SALE

1 Boulevard Peru, IN 46970

Estimated Value: $73,000 - $115,907

4 Beds
2.5 Baths
3,168 Sq Ft
$31/Sq Ft Est. Value

Last Sold December 20, 2022

Last sale price $65,000 $21 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $705/month

12 Days on Market

Highlights

  • Enclosed Patio or Porch
  • Forced Air Heating System
  • Carpet
  • Elmwood Primary Learning Center Rated A-
  • Ceiling Fan

About This Home

As of December 2022

Great investment opportunity! This 2 unit property sits in the heart of Peru and comes fully applianced with new windows and new furnace. Unit 1 is currently rented month to month at $500/month plus utilities and unit 2 is currently under construction.

Last Agent to Sell the Property

Joe Martino

Martino Realty & Auctioneers - Monticello Listed on: 10/13/2022

Last Buyer's Agent

Stacia Bonifant

Creative Realty - Peru

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,004

Year Built

  • Built in 1892

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x130

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Stone or Rock in Basement

Parking

  • 3 Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Schools

  • Elmwood/Blair Pointe Elementary School
  • Peru Middle School
  • Peru High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Enclosed Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cooling, electric, heating, lawn maintenance
  • The owner pays for lawn maintenance, maintenance, tax
  • Assessor Parcel Number 52-08-27-204-003.000-016

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,004

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1892
  • Style: Two Story
  • Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: 021-11650-00 Bearss 2nd Subd located : 1 Boulevard; PT; Lots 2,3; 41 11650000
  • Parcel Number ID: 52-08-27-204-003.000-016
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Detector-Smoke, Porch Covered, Porch Enclosed, Water Heater Electric
  • Location: City/Town/Suburb
  • Special Features: None

Interior Features

  • Total Sq Ft: 4752
  • Total Finished Sq Ft: 3168
  • Above Grade Finished Sq Ft: 3168
  • Below Grade Sq Ft: 1584
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Stone
  • Flooring: Carpet, Vinyl
  • Main Level Sq Ft: 1584
  • Total Below Grade Sq Ft: 1584
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 3
  • Parking: Gravel, Off Street

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Peru Utilities
  • Gas Company: NIPSCO
  • Water Company: Peru Utilities
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Schools

  • Elementary School: Elmwood/Blair Pointe

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 50x130
  • Estimated Lot Sq Ft: 6098
  • Estimated Lot Size Acres: 0.14

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Lawn Maintenance, Maintenance, Tax
  • Tenant Pays: Cooling, Electric, Heating, Lawn Maintenance

Tax Info

  • Annual Property Tax: 1004.5

Multi Family

  • Number Of Dishwashers: 2
  • Number Of Dryers: 2
  • Number Of Refrigerators: 1
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of2 Bedrooms: 2

MLS Schools

  • High School: Peru High School
  • Middle School: Peru
  • School District: Peru Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2022
Closed on
Dec 20, 2022
Sold by
Elliott Michael P and Elliott Kathleen L
Bought by
Courts William W and Courts Jonna K
Seller's Agent
Joe Martino
Martino Realty & Auctioneers - Monticello
Buyer's Agent
Stacia Bonifant
Creative Realty - Peru
List Price
$69,900
Sold Price
$65,000
Premium/Discount to List
-$4,900
-7.01%
Views
26
Current Estimated Value
$97,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,227
Avg. Annual Appreciation
15.12%
Original Mortgage
$60,000
Outstanding Balance
$55,858
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$41,369
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Courts William W -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Courts William W $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2022 12/20/22 Sold $65,000 -7.0% $21 / Sq Ft
10/25/2022 10/25/22 Pending -- -- --
10/13/2022 10/13/22 For Sale $69,900 -- $22 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,334 $86,100 $6,300 $79,800
2023 $2,232 $53,300 $6,300 $47,000
2022 $1,066 $53,300 $6,300 $47,000
2021 $980 $49,000 $6,300 $42,700
2020 $980 $49,000 $6,300 $42,700
2019 $902 $45,100 $6,300 $38,800
2018 $818 $40,900 $6,300 $34,600
2017 $810 $40,500 $6,300 $34,200
2016 $1,190 $59,500 $6,300 $53,200
2014 $578 $28,900 $6,300 $22,600
2013 -- $37,800 $6,300 $31,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202242590

Indiana Regional MLS

APN: 52-08-27-204-003.000-016