$67,500
SOLD JUL 10, 2026

1531 Forbes Ave Peru, IN 46970

Peru Area
3 Beds
1 Bath
1,185 Sq Ft
7,841 Sq Ft Lot

Sale Details

Date Sold: July 10, 2026

$57 Per Sq Ft

24% Below List Price

0 Day on Market

Highlights

  • Fitness Center
  • Community Pool
  • 1 Car Attached Garage
  • Wood Flooring
  • Porch
  • Eat-In Kitchen

About This Home

As of July 2026

This Ranch three bedroom one bath home has a one car attached garage, eat in kitchen large open family room. The open patio out back to back yard. All Appliances stay refrigerator, stove, dishwasher, washer and dryer

Last Agent to Sell the Property

Dee Dee Davis-Richards

D.R. Indiana Realty LLC Brokerage Phone: 317-459-0945 Listed on: 06/12/2026

Last Buyer's Agent

Dee Dee Davis-Richards

D.R. Indiana Realty LLC Brokerage Phone: 317-459-0945 Listed on: 06/12/2026

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $376

Year Built

  • Built in 1958

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 70x114
  • Rural Setting
  • Level Lot

Home Design

  • Duplex
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

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

Outdoor Features

  • Patio
  • Porch

Schools

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

Utilities

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

Listing and Financial Details

  • Tenant pays for cooling, electric, fuel, heating, sewer, water
  • The owner pays for association dues, lawn maintenance, maintenance, tax, trash collection
  • Assessor Parcel Number 52-10-26-101-516.000-017
  • Seller Concessions Not Offered

Community Details

Overview

  • Rural Subdivision

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Maintenance Expense $780

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$376

Year Built

Built in 1958

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Class: INVESTMENT
  • 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
  • Platted: Yes
  • Amenities: Countertops-Laminate, Eat-In Kitchen, Garage Door Opener, Patio Open, Porch Open, Water Heater Gas
  • Location: Rural Subdivision
  • Restrictions Yn: Yes
  • Special Features: None

Interior Features

  • Total Sq Ft: 1185
  • Total Finished Sq Ft: 1185
  • Above Grade Finished Sq Ft: 1185
  • Flooring: Wood, Tile
  • Main Level Sq Ft: 1185
  • Number Of Ranges Ovens: 1
  • Number Ttl Rooms Below Grade: 6

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Stories: 1

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 1
  • Parking: Garage, Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Electric Company: Miami/Cass REMC
  • Gas Company: NIPSCO
  • Water Company: Peru Utilities
  • Annual Insurance Expense: 800
  • Annual Maintenance Expense: 780
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 780
  • Common Amenities: Exercise Room, Playground, Swimming Pool, Tennis Courts
  • Pet Restrictions: Yes

Schools

  • Elementary School: Pipe Creek/Maconaquah

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 70x114
  • Estimated Lot Sq Ft: 7841
  • Estimated Lot Size Acres: 0.18

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Association Dues, Lawn Maintenance, Maintenance, Tax, Trash Collection
  • Tenant Pays: Cooling, Electric, Fuel, Heating, Sewer, Water

Tax Info

  • Annual Property Tax: 376

Multi Family

  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Number Of Washers: 1

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2024
Sold by
Bought by

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
$150,605
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
-$60,272

Purchase Details

Closed on
Nov 22, 2024
Sold by
Bought by

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
$150,605
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
-$60,272

Purchase Details

Closed on
Dec 29, 2016
Sold by
Bought by

Purchase Details

Closed on
Aug 6, 2012
Sold by
Bought by

Purchase Details

Closed on
May 29, 2012
Sold by
Bought by

Purchase Details

Closed on
Feb 28, 2007
Sold by
Bought by

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

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Special Warranty Deed -- None Available
Deed $14,000 --
Sheriffs Deed $25,316 None Available
Limited Warranty Deed -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $162,000 New Conventional
Previous Owner $45,200 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/10/2026 07/10/26 Sold $67,500 -24.2% $57 / Sq Ft
06/12/2026 06/12/26 Pending -- -- --
06/12/2026 06/12/26 For Sale $89,000 0.0% $75 / Sq Ft
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 -- --
Source: Indiana Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: Indiana Regional MLS

MLS Number: 202623150

Indiana Regional MLS

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

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