RENTED NOV 3, 2025

1531 Forbes Ave Peru, IN 46970

Estimated Value: $58,000 - $101,000

3 Beds
1 Bath
1,185 Sq Ft
$64/Sq Ft Est. Value

Sale Details

Date Sold: August 6, 2012

Last sale price $14,000 $12 Per Sq Ft

Est. 445% increase in value since last sale

Current estimated payment $439 / mo

Highlights

  • Fitness Center
  • Wood Flooring
  • 1 Car Attached Garage
  • Ranch Style House
  • Community Pool
  • Bathtub with Shower

About This Home

As of November 2025

A three bedroom home with hardwood floors in bedrooms and living room. The kitchen and bath have tile floors. This unit comes with refrigerator, stove, dishwasher, washer and dryer. This unit has nice size backyard to enjoy. There is a one car attached garage with plenty of storage in this garage. To protect against real estate fraud, we strongly advise potential tenants to follow these precautionary measures: schedule a physical showing and personally inspect the property. Always exercise caution when dealing with sellers or agents remotely and avoid sending any money or personal information before verifying the property's legitimacy through an in-person visit.

Last Agent to Rent the Property

Dee Dee Davis-Richards

D.R. Indiana Realty LLC Brokerage Phone: 317-459-0945 Listed on: 10/18/2025

Last Renter's Agent

Dee Dee Davis-Richards

D.R. Indiana Realty LLC Brokerage Phone: 317-459-0945 Listed on: 10/18/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 7,980 Sq Ft Lot
  • Lot Dimensions are 70x114
  • Rural Setting
  • Level Lot

Parking

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

Home Design

  • Duplex
  • Ranch Style House
  • Slab Foundation
  • Asphalt Roof

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Laminate Countertops
  • Laundry on main level
  • Patio

Listing and Financial Details

  • Security Deposit $1,100
  • Tenant pays for cooling, deposits, electric, heating, sewer, water
  • The owner pays for association dues, bldg insurance, lawn maintenance, tax, trash collection
  • $25 Application Fee
  • Assessor Parcel Number 52-10-26-101-516.000-017
  • $100 Seller Concession

Community Details

Overview

  • Estates At Eagle Pointe Subdivision

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed with Restrictions
  • Pet Deposit $100

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

7,980 Sq Ft Lot

Parking

1

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Association Dues, Bldg Insurance, Lawn Maintenance, Tax, Trash Collection
  • Tenant Pays: Cooling, Deposits, Electric, Heating, Sewer, Water
  • Application Fee: 25
  • Credit Fee: 25
  • Pet Fee: 100
  • Security Deposit: 1100

Listing Details

  • Class: RESIDENTIAL FOR LEASE
  • Property Sub Type: Duplex
  • Year Built: 1958
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Lot 491 The Estates at Eagle's Pointe
  • Parcel Number ID: 52-10-26-101-516.000-017
  • Amenities: Countertops-Laminate, Patio Open, Tub/Shower Combination, Main Floor Laundry
  • Location: Rural
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1185
  • Total Finished Sq Ft: 1185
  • Above Grade Finished Sq Ft: 1185
  • Basement Foundation: Slab
  • Flooring: Hardwood Floors, Tile
  • Living Great Room: Dimensions: 16x18, On Level: Main
  • Kitchen: Dimensions: 12x13, On Level: Main
  • Bedroom 1: Dimensions: 11x17, On Level: Main
  • Bedroom 2: Dimensions: 10x14, On Level: Main
  • Bedroom 3: Dimensions: 10x10, On Level: Main
  • Main Level Sq Ft: 1185
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Roof Material: Asphalt
  • Outbuilding1: None
  • Outbuilding2: None

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Electric Company: REMC
  • Gas Company: NIPSCO
  • Water Company: Peru Utilities
  • Laundry: Dimensions: Mainx8, On Level: 8

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Common Amenities: Exercise Room, Playground, Swimming Pool
  • Pet Restrictions: Yes

Schools

  • Elementary School: Pipe Creek/Maconaquah

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 70x114
  • Estimated Lot Sq Ft: 7980
  • Estimated Lot Size Acres: 0.18

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2024
Sold by
Mjaa Holding Llc
Bought by
North Lordeman Llc
Current Estimated Value
$76,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Outstanding Balance
$153,089
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
-$76,756

Purchase Details

Closed on
Nov 22, 2024
Sold by
Ebert Rental Properties Llc
Bought by
Mjaa Holding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Outstanding Balance
$153,089
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
-$76,756

Purchase Details

Closed on
Dec 29, 2016
Sold by
Ebert Howard M
Bought by
Ebert Rental Properties Llc

Purchase Details

Listed on
Jun 15, 2012
Closed on
Aug 6, 2012
Sold by
Kurt V Laker Attorney
Bought by
Ebert Howard M
Seller's Agent
Cherie Smith
True Realty
Buyer's Agent
Cherie Smith
True Realty
List Price
$19,900
Sold Price
$14,000
Premium/Discount to List
-$5,900
-29.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.18%

Purchase Details

Closed on
May 29, 2012
Sold by
Liang Pei and Liang Pei Jun
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Feb 28, 2007
Sold by
The Eagle Pointe I Llc
Bought by
Liang Pei Jun and Xie Zhang

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
7.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
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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Purchase History

Date Buyer Sale Price Title Company
North Lordeman Llc -- None Listed On Document
Mjaa Holding Llc -- None Listed On Document
Mjaa Holding Llc -- None Listed On Document
Ebert Rental Properties Llc -- None Available
Ebert Howard M $14,000 --
Ebert Howard M -- None Available
Federal Home Loan Mortgage Corporation $25,316 None Available
Liang Pei Jun -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mjaa Holding Llc $162,000
Closed Mjaa Holding Llc $162,000
Previous Owner Liang Pei Jun $45,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/03/2025 11/03/25 Rented $1,100 0.0% --
10/20/2025 10/20/25 Under Contract -- -- --
10/18/2025 10/18/25 For Rent $1,100 0.0% --
08/06/2012 08/06/12 Sold $14,000 -29.6% $12 / Sq Ft View Prior Sale
07/17/2012 07/17/12 Pending -- -- --
06/15/2012 06/15/12 For Sale $19,900 -- $17 / 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 $406 $34,200 $4,100 $30,100
2024 $312 $25,800 $4,100 $21,700
2023 $312 $26,100 $4,100 $22,000
2022 $290 $26,100 $4,100 $22,000
2021 $296 $23,400 $4,100 $19,300
2020 $256 $23,400 $4,100 $19,300
2019 $243 $23,400 $4,100 $19,300
2018 $236 $24,200 $4,100 $20,100
2017 $222 $23,900 $4,100 $19,800
2016 $222 $23,900 $4,100 $19,800
2014 $241 $23,400 $4,100 $19,300
2013 -- $21,900 $4,100 $17,800
Source: Public Records

Agents Affiliated with this Home

  • Dee Dee Davis-Richards

    Landlord's Agent in 2025

    Dee Dee Davis-Richards

    D.R. Indiana Realty LLC

    (317) 459-0945

    47 Total Sales

    Dee Dee Davis-Richards
    Section Image
  • Cherie Smith

    Seller's Agent in 2012

    Cherie Smith

    True Realty

    (765) 438-5971

    133 Total Sales

    Cherie Smith
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202542392

Indiana Regional MLS

APN: 52-10-26-101-516.000-017

Indiana Miami County Peru 46970

1531 Forbes Ave, Peru, IN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Based on information submitted to the MLS GRID

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