NOT LISTED FOR SALE

1521 Forbes Ave Peru, IN 46970

Estimated Value: $63,956 - $96,000

3 Beds
1 Bath
1,185 Sq Ft
$50/mo HOA Fee

Last Sold July 07, 2023

Last sale price $54,000 $46 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $456/month

29 Days on Market

Highlights

  • Covered Patio or Porch
  • Eat-In Kitchen
  • Bathtub with Shower
  • 1 Car Attached Garage
  • Storm Windows
  • Tile Flooring

About This Home

As of July 2023

This home offers the following features: nice sized living room/kitchen, three bedrooms, 1 full bath and 1 car oversized garage with storage. Lots of potential, home does need some TLC. Home is being sold "AS IS", this is an estate sale. Personal items will be removed prior to closing. An estate sale/garage sale for personal items will be held in the near future. Buyer to verify taxes and school system. * Tax Value of zero is based on current owner's exemptions and may be higher for next owner.

Last Agent to Sell the Property

Pam Miller

True Realty Brokerage Phone: 765-438-1164 Listed on: 05/16/2023

Last Buyer's Agent

Pam Miller

True Realty Brokerage Phone: 765-438-1164 Listed on: 05/16/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $198

Year Built

  • Built in 1958

Lot Details

  • 7,841

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 1,185 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Laminate Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Home Security

Schools

  • Pipe Creek/Maconaquah Elementary School
  • Maconaquah Middle School
  • Maconaquah High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 52-10-26-101-511.000-017

Community Details

Overview

  • Estates At Eagle Pointe Subdivision

Security

  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$198

Year Built

Built in 1958

Lot Details

0

HOA Fees

$50 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Year Built: 1958
  • Age: 65
  • Style: One Story
  • Architectural Style: Duplex
  • Total Number of Rooms: 5
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 016-01204-86 The Estates at Eagles Pointe; Lot 486; 1521 Forbes Ave; 33 01204 86
  • Parcel Number ID: 52-10-26-101-511.000-017
  • Platted: Yes
  • Amenities: Cable Ready, Ceiling Fan(s), Countertops-Laminate, Dryer Hook Up Electric, Eat-In Kitchen, Garage Door Opener, Patio Open, Porch Covered, Range/Oven Hook Up Elec, Tub/Shower Combination, Main Floor Laundry, Washer Hook-Up
  • Location: City/Town/Suburb
  • Sp Lp Percent: 91.68
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1185
  • Total Finished Sq Ft: 1185
  • Above Grade Finished Sq Ft: 1185
  • Price Per Sq Ft: 45.57
  • Basement Foundation: Slab
  • Flooring: Carpet, Tile, Vinyl
  • Living Great Room: Dimensions: 18x12, On Level: Main
  • Kitchen: Dimensions: 16x17, On Level: Main
  • Bedroom 1: Dimensions: 13x10, On Level: Main
  • Bedroom 2: Dimensions: 11x10, On Level: Main
  • Bedroom 3: Dimensions: 10x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl, Wood
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 25x16
  • Garage Sq Ft: 400
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Miami/Cass REMC
  • Gas Company: NIPSCO
  • Water Company: Peru Utilities
  • Cable Company: DirectTV, AT&T
  • Hvac: Ceiling Fan
  • Laundry: Dimensions: Mainx4, On Level: 5

Condo/Co-op/Association

  • Association Fees: 50
  • Association Fees Frequency: Monthly

Schools

  • School District: Maconaquah School Corp.
  • Elementary School: Pipe Creek/Maconaquah
  • Middle School: Maconaquah
  • High School: Maconaquah
  • Elementary School: Pipe Creek/Maconaquah

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 85 x 93
  • Estimated Lot Sq Ft: 7841
  • Estimated Lot Size Acres: 0.18

Green Features

  • Energy Efficient Windows/Doors: Storm Windows

Tax Info

  • Exemptions: Blind, Homestead, Mortgage, Supplemental

MLS Schools

  • High School: Maconaquah
  • Middle School: Maconaquah
  • School District: Maconaquah School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2023
Closed on
Jul 7, 2023
Sold by
Barnes Brian K
Bought by
Silvey Don C
Seller's Agent
Pam Miller
True Realty
Buyer's Agent
Pam Miller
True Realty
List Price
$58,900
Sold Price
$54,000
Premium/Discount to List
-$4,900
-8.32%
Views
52
Current Estimated Value
$74,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,239
Avg. Annual Appreciation
14.77%
Original Mortgage
$43,200
Outstanding Balance
$39,108
Interest Rate
6.07%
Mortgage Type
New Conventional
Estimated Equity
$35,131

Purchase Details

Closed on
Jul 23, 2021
Sold by
Cruz Hector L
Bought by
Barnes Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
2.93%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
May 8, 2013
Closed on
Jun 14, 2013
Sold by
Fannie Mae
Bought by
Cruz Hector L
Seller's Agent
Jennie Terrell
Terrell Realty Group, LLC
Buyer's Agent
Stephanie Leffler
Spear Real Estate, Inc
List Price
$11,700
Sold Price
$11,750
Premium/Discount to List
$50
0.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.06%

Purchase Details

Listed on
May 8, 2013
Closed on
May 1, 2013
Sold by
Bank Of America N A
Bought by
Federal National Mortgage Association
Seller's Agent
Jennie Terrell
Terrell Realty Group, LLC
Buyer's Agent
Stephanie Leffler
Spear Real Estate, Inc
List Price
$11,700
Sold Price
$11,750
Premium/Discount to List
$50
0.43%

Purchase Details

Listed on
May 8, 2013
Closed on
Apr 16, 2013
Sold by
Wang Nanying
Bought by
Bank Of America Na
Seller's Agent
Jennie Terrell
Terrell Realty Group, LLC
Buyer's Agent
Stephanie Leffler
Spear Real Estate, Inc
List Price
$11,700
Sold Price
$11,750
Premium/Discount to List
$50
0.43%

Purchase Details

Closed on
Jun 8, 2007
Sold by
Eagles Pointe I Llc
Bought by
Wang Nanying

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,200
Interest Rate
5.51%
Mortgage Type
New Conventional
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
Silvey Don C $54,000 None Listed On Document
Barnes Brian -- None Available
Cruz Hector L -- None Available
Federal National Mortgage Association -- None Available
Bank Of America Na $65,992 None Available
Wang Nanying -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silvey Don C $43,200
Previous Owner Barnes Brian $45,000
Previous Owner Wang Nanying $45,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/07/2023 07/07/23 Sold $54,000 -8.3% $46 / Sq Ft
06/14/2023 06/14/23 Pending -- -- --
05/16/2023 05/16/23 For Sale $58,900 +401.3% $50 / Sq Ft
06/14/2013 06/14/13 Sold $11,750 +0.4% $10 / Sq Ft View Prior Sale
05/15/2013 05/15/13 Pending -- -- --
05/08/2013 05/08/13 For Sale $11,700 -- $10 / 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 $198 $56,800 $4,500 $52,300
2023 $198 $57,400 $4,500 $52,900
2022 $0 $57,400 $4,500 $52,900
2021 $138 $52,800 $4,500 $48,300
2020 $138 $52,800 $4,500 $48,300
2019 $132 $52,800 $4,500 $48,300
2018 $111 $48,700 $4,500 $44,200
2017 $103 $48,000 $4,500 $43,500
2016 $103 $48,000 $4,500 $43,500
2014 $80 $47,100 $4,500 $42,600
2013 -- $45,500 $4,500 $41,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202316001

Indiana Regional MLS

APN: 52-10-26-101-511.000-017