NOT LISTED FOR SALE

18 E Canal St Peru, IN 46970

Estimated Value: $140,000 - $218,000

4 Beds
4 Baths
3,037 Sq Ft
$58/Sq Ft Est. Value

Last Sold September 14, 2022

Last sale price $120,000 $40 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,228/month

33 Days on Market

Highlights

  • Covered Patio or Porch
  • Luxury Vinyl Tile Flooring
  • Ceiling Fan
  • Elmwood Primary Learning Center Rated A-
  • Water Softener is Owned
  • Baseboard Heating

About This Home

As of September 2022

GREAT LOCATION!!!!! This FANTASTIC income producing property boasts a downstairs 1 Br, 1 bath apartment and upstairs 2-3 Br, 1 bath apartment that are currently leased. Front first floor is vacant and was leased in the past as storefront for a donut shop. There is also a space on the westside that could be used as office space. This property has so many options! Public parking lot is located on the west side of property and street parking is also available.

Last Agent to Sell the Property

Julie Allen

Allen Realty Group Listed on: 08/10/2022

Last Buyer's Agent

Julie Allen

Allen Realty Group Listed on: 08/10/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,634

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x132
  • Level Lot

Home Design

  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,037 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Partially Finished Basement

Flooring

  • Carpet
  • Laminate
  • Concrete
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 4 Parking Spaces
  • Gravel Driveway
  • Off-Street Parking
  • Off-Site Parking

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • The owner pays for electric, heating, tax
  • Assessor Parcel Number 52-08-27-302-024.000-016

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $1,096
  • Fuel Expense $4,538
  • Insurance Expense $1,416
  • Trash Expense $90

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,634

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1900
  • Age: 122
  • Style: One and Half Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 2
  • Legal Description: Original Plat; 40' E PT LOT 30
  • Parcel Number ID: 52-08-27-302-024.000-016
  • Platted: Yes
  • Amenities: Ceiling Fan, Off Street Parking, Cable Available, Patio Covered, Water Heater Gas, Water Softener-Owned
  • Location: City/Town/Suburb
  • Sp Lp Percent: 87.59
  • Monthly Gross Income: 1600
  • Year Taxes Payable: 2022/2023
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 3037
  • Total Finished Sq Ft: 3037
  • Above Grade Finished Sq Ft: 3037
  • Price Per Sq Ft: 39.51
  • Basement Foundation: Partial Basement
  • Flooring: Carpet, Concrete, Laminate, Vinyl Tile
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Metal
  • Stories: 2

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 4
  • Parking: Off Site

Utilities

  • Cooling: Wall AC, Window
  • Heating Fuel: Gas, Baseboard, Hot Water
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Peru Utilities
  • Gas Company: NIPSCO
  • Water Company: Peru Utilities
  • Annual Electric: 1096
  • Annual Fuel Expense: 4538
  • Annual Insurance Expense: 1416
  • Annual Trash Expense: 90
  • Number Of W D Hookups: 1

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

  • Lot Description: Level
  • Lot Dimensions: 40x132
  • Estimated Lot Sq Ft: 5227
  • Estimated Lot Size Acres: 0.12

Rental Info

  • Owner Pays: Electric, Heating, Tax

Multi Family

  • Gross Monthly Rent: 1600
  • Number Of Refrigerators: 2
  • Number Of Units: 4
  • Num Of1 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Efficiencies: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 2634.02

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

Listed on
Aug 10, 2022
Closed on
Sep 15, 2022
Sold by
Patton Tommy L
Bought by
Deroziers Rentals Llc
Seller's Agent
Julie Allen
Allen Realty Group
Buyer's Agent
Julie Allen
Allen Realty Group
List Price
$137,000
Sold Price
$120,000
Premium/Discount to List
-$17,000
-12.41%
Views
29
Current Estimated Value
$177,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,409
Avg. Annual Appreciation
13.44%
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
Deroziers Rentals Llc $120,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2022 09/14/22 Sold $120,000 -12.4% $40 / Sq Ft
08/10/2022 08/10/22 For Sale $137,000 -- $45 / 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 $3,476 $128,400 $7,200 $121,200
2023 $3,476 $116,200 $7,200 $109,000
2022 $2,866 $105,700 $7,200 $98,500
2021 $2,634 $97,100 $7,200 $89,900
2020 $2,634 $97,100 $7,200 $89,900
2019 $2,634 $97,100 $7,200 $89,900
2018 $2,247 $82,700 $7,200 $75,500
2017 $2,189 $80,700 $5,900 $74,800
2016 $2,189 $80,700 $5,900 $74,800
2014 $2,400 $80,000 $5,900 $74,100
2013 -- $79,200 $5,900 $73,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202233286

Indiana Regional MLS

APN: 52-08-27-302-024.000-016