NOT LISTED FOR SALE

1362 N Meridian Rd Peru, IN 46970

Estimated Value: $229,000 - $316,000

3 Beds
1.5 Baths
2,010 Sq Ft
$134/Sq Ft Est. Value

Last Sold March 17, 2017

Last sale price $70,000 $35 Per Sq Ft

Est. 286% increase in value since last sale

Current estimated payment $1,469/month

28 Days on Market

Highlights

  • 2.25 Acre Lot
  • Wood Flooring
  • 2 Car Detached Garage
  • Elmwood Primary Learning Center Rated A-
  • Corner Lot
  • Eat-In Kitchen

About This Home

As of March 2017

Great rural location! Home is located on 2.25 A. Detached 2 car garage. 3 bedroom 1 1/2 baths. Updated wood cabinets in kitchen, Some updated windows and drywall. This is a Fannie Mae Home Path Property.

Last Buyer's Agent

Emily Williams

Terrell Realty Group, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $387

Year Built

  • Built in 1900

Lot Details

  • 2.25 Acre Lot
  • Rural Setting
  • Corner Lot
  • Irregular Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Unfinished Basement

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

Utilities

  • Heat Pump System
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 52-08-15-300-008.000-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$387

Year Built

Built in 1900

Lot Details

2.25 Acres

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Style: One and Half Story
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: 015.27200-40pt sw 1/4, 15-27-04..25 acres da645.29.272.00400
  • Parcel Number ID: 52-08-15-300-008.000-015
  • Platted: Yes
  • Amenities: Dryer Hook Up Electric, Eat-In Kitchen, Kitchen Island, Range/Oven Hook Up Elec, Tub/Shower Combination, Main Floor Laundry, Washer Hook-Up
  • Location: Rural
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2010
  • Total Finished Sq Ft: 2010
  • Above Grade Finished Sq Ft: 2010
  • Basement: Yes
  • Basement Foundation: Crawl, Full Basement, Unfinished
  • Basement Material: Stone
  • Flooring: Hardwood Floors, Carpet, Laminate
  • Living Great Room: Dimensions: 18x12, On Level: Main
  • Kitchen: Dimensions: 20x12, On Level: Main
  • Bedroom 1: Dimensions: 18x15, On Level: Main
  • Bedroom 2: Dimensions: 15x12, On Level: Upper
  • Bedroom 3: Dimensions: 18x12, On Level: Upper
  • Main Level Sq Ft: 1170
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x24

Utilities

  • Cooling: Heat Pump
  • Heating Fuel: Heat Pump
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: 5xMain, On Level: 8
  • Well Type: Private

Lot Info

  • Lot Description: Corner, Irregular
  • Lot Dimensions: 2.25
  • Estimated Lot Sq Ft: 98010
  • Estimated Lot Size Acres: 2.25

Tax Info

  • Annual Taxes: 386.68
  • Exemptions: Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2017
Closed on
Mar 16, 2017
Sold by
Fannie Mae
Bought by
Nipper Scott S and Nipper Jacqueline M
Buyer's Agent
Emily Williams
Terrell Realty Group, LLC
List Price
$65,000
Sold Price
$70,000
Premium/Discount to List
$5,000
7.69%
Current Estimated Value
$270,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,345
Avg. Annual Appreciation
16.24%
Original Mortgage
$66,500
Outstanding Balance
$54,778
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$215,567

Purchase Details

Closed on
Dec 20, 2016
Sold by
Manriquez April L
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nipper Scott S $70,000 Indy Legal Title
Federal National Mortgage Association $66,100 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nipper Scott S $66,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2017 03/17/17 Sold $70,000 +7.7% $35 / Sq Ft
02/10/2017 02/10/17 Pending -- -- --
01/13/2017 01/13/17 For Sale $65,000 -- $32 / Sq Ft
Source: Indiana Regional MLS

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
2025 $927 $186,900 $24,400 $162,500
2024 $927 $144,800 $24,400 $120,400
2023 $927 $146,200 $24,400 $121,800
2022 $668 $96,100 $24,400 $71,700
2021 $611 $89,900 $24,400 $65,500
2020 $595 $90,200 $24,400 $65,800
2019 $633 $90,200 $24,400 $65,800
2018 $576 $82,800 $24,400 $58,400
2017 $499 $77,600 $20,000 $57,600
2016 $434 $74,500 $20,000 $54,500
2014 $373 $73,200 $20,000 $53,200
2013 -- $73,100 $20,000 $53,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201701665

Indiana Regional MLS

APN: 52-08-15-300-008.000-015

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