NOT LISTED FOR SALE

1030 N Paw Paw Pike Peru, IN 46970

Estimated Value: $138,109 - $240,000

25 Acres
$7,941 Price per Acre
1,089,000 Sq Ft Lot

Last Sold March 21, 2023

Last sale price $161,000

Est. 23% increase in value since last sale

Current estimated payment $1,149/month

106 Days on Market

About This Lot

As of March 2023

Land for Sale - Rolling 25 Acres +/- with Great Hunting & Timber Value. This property just off Paw Paw Pike in Miami County, Indiana checks a lot of boxes for anyone looking for a recreational property! It is located between Peru and Wabash, with US 24 only a few miles to the north. The two main features of this property are the trees and topography, and a camera lens just doesn't do it justice. Tree species are abundant and a good variety of age for your timber trees. There are large red oaks and walnuts everywhere that are ready to be cut and several others that could be in a few years, providing multiple periods of income. There are planted pines and natural growing/planted poplar that are of good size. White oak, beech, elms and paw paws are just a few others. The topography is amazing for this size of property. Multiple ravine and ridges feeding from the east toward the creek bottom to the west, and then back up with a 50' overall elevation difference in areas. The creek bottom winds through the western/northern 1/3 of the parcel. The creek bottom and topography really enhance the deer and wildlife trails and how they maneuver the property. Density of cover is another bonus. Some ridge tops are open, while others more to the south (road) are thicker with dense cover. The creek bottom mirrors that variety as well from north to south. Another major bonus can be seen through maps and aerial pictures. This parcel sits in the middle of a large area of surrounding woods and habitat ideal for hunting. There is 680' of road frontage off of 100 N, and for anyone looking to build, it shouldn't be an issue. The 25 acres is being parceled from a larger tract sitting to the east with a house and barn. There will be a Mossy Oak Properties sign off of 100 N marking the estimated SE corner of the new parcel.

Last Agent to Sell the Property

Ty Mills

Mossy Oak Properties/Indiana Land and Lifestyle Listed on: 09/14/2022

Last Buyer's Agent

Ty Mills

Mossy Oak Properties/Indiana Land and Lifestyle Listed on: 09/14/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,166

Lot Details

  • 25 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • Finished Lot(s)
  • Subdivision Possible

Parking

  • Driveway

Schools

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

Utilities

  • Private Water Source
  • Private Sewer

Community Details

  • Maconaquah Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 52-09-18-400-015.000-006

Property Details

Property Type

Land

Est. Annual Taxes

$1,166

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: 25 +/- acres to be surveyed from - 006-17625-00 PT SE1/4; 18-27-5; 31.557 ACRES; 11 176 02500
  • Parcel Number ID: 52-09-18-400-015.000-006
  • Platted: Yes
  • Location: Rural
  • Road Access: County
  • Road Surface: Asphalt
  • Sp Lp Percent: 89.94
  • Parcel Description: Heavily Wooded, Slope, Rolling, Undeveloped, Ravine
  • Type of Sale: Traditional
  • Can Be Subdivided: Yes
  • Options: Sell Entirely
  • Side Of Road: North
  • Type Use: Recreational
  • Year Taxes Payable: 2022
  • Special Features: None

Exterior Features

  • Road Frontage: County

Utilities

  • Water Utilities: Private
  • Sewer Type: Private

Schools

  • School District: Peru Community Schools
  • Elementary School: Elmwood/Blair Pointe
  • Middle School: Peru
  • High School: Peru High School
  • Elementary School: Elmwood/Blair Pointe

Lot Info

  • Estimated Lot Sq Ft: 1089000
  • Estimated Lot Size Acres: 25

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

Closed on
Apr 16, 2025
Sold by
Denton Noah and Kersey Timothy A
Bought by
Kersey Noah
Current Estimated Value
$198,527

Purchase Details

Closed on
Oct 30, 2024
Sold by
Wolfe Linda Joyce
Bought by
Gray Jackquan E

Purchase Details

Listed on
Sep 14, 2022
Closed on
Mar 23, 2023
Sold by
Wolfe Linda Joyce
Bought by
Timothy A Kersey And Carol A Kersey Fain Trus
Seller's Agent
Ty Mills
Mossy Oak Properties/Indiana Land and Lifestyle
Buyer's Agent
Ty Mills
Mossy Oak Properties/Indiana Land and Lifestyle
List Price
$185,000
Sold Price
$161,000
Premium/Discount to List
-$24,000
-12.97%
Views
71

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.63%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kersey Noah -- None Listed On Document
Gray Jackquan E -- None Listed On Document
Timothy A Kersey And Carol A Kersey Fain Trus -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2023 03/21/23 Sold $161,000 -10.1% --
12/29/2022 12/29/22 Pending -- -- --
11/04/2022 11/04/22 Price Changed $179,000 -3.2% --
09/14/2022 09/14/22 For Sale $185,000 -- --
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 $1,166 $78,800 $37,700 $41,100
2023 $1,166 $119,400 $77,800 $41,600
2022 $1,837 $116,500 $74,900 $41,600
2021 $1,842 $111,100 $73,300 $37,800
2020 $1,851 $111,100 $73,300 $37,800
2019 $1,136 $113,100 $75,300 $37,800
2018 $1,155 $113,500 $75,700 $37,800
2017 $1,197 $113,500 $76,100 $37,400
2016 $1,268 $116,400 $79,000 $37,400
2014 $409 $70,900 $34,000 $36,900
2013 -- $67,100 $31,600 $35,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202238284

Indiana Regional MLS

APN: 52-09-18-400-015.000-006