NOT LISTED FOR SALE

204 E 5th St Peru, IN 46970

Estimated Value: $94,000 - $114,000

4 Beds
2 Baths
2,084 Sq Ft
$50/Sq Ft Est. Value

Last Sold May 06, 2022

Last sale price $68,050 $33 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $652/month

7 Days on Market

Highlights

  • Forced Air Heating System
  • Carpet
  • 2-minute walk to Davis Park
  • Elmwood Primary Learning Center Rated A-

About This Home

As of May 2022

DUPLEX INVESTMENT THAT'S CLOSE TO A CITY PARK AND DOWNTOWN CONVENIENCE. UPDATED WITH TENANTS IN PLACE

Last Agent to Sell the Property

Gina Key

The Hardie Group Listed on: 03/28/2022

Last Buyer's Agent

Stacia Bonifant

Creative Realty - Peru

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $852

Year Built

  • Built in 1920

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 33x94
  • Irregular Lot

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Carpet
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • On-Street Parking

Location

  • Suburban Location

Schools

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

Utilities

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

Listing and Financial Details

  • Tenant pays for electric, heating
  • The owner pays for sewer, water
  • Assessor Parcel Number 52-08-27-113-003.000-016

Community Details

Pet Policy

  • Pets Allowed with Restrictions

Additional Features

  • 2 Units
  • Insurance Expense $715

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$852

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1920
  • Style: Two Story
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Tracey Sub O L 5; Parcel #2; Godfroy Ad Lot 1
  • Parcel Number ID: 52-08-27-113-003.000-016
  • Platted: Yes
  • Amenities: Water Heater Gas
  • Location: City/Town/Suburb
  • Special Features: None

Interior Features

  • Total Sq Ft: 2584
  • Total Finished Sq Ft: 2084
  • Above Grade Finished Sq Ft: 2084
  • Below Grade Sq Ft: 500
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Flooring: Carpet
  • Total Below Grade Sq Ft: 500
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 1
  • Parking: Street

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 715

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Elmwood/Blair Pointe

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: 33x94
  • Estimated Lot Sq Ft: 7405
  • Estimated Lot Size Acres: 0.17

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Sewer, Water
  • Tenant Pays: Electric, Heating

Tax Info

  • Annual Property Tax: 852

Multi Family

  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2

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
Mar 28, 2022
Closed on
May 5, 2022
Sold by
Inca Estate4llc
Bought by
Courts William and Coura Jonna
Seller's Agent
Gina Key
The Hardie Group
Buyer's Agent
Stacia Bonifant
Creative Realty - Peru
List Price
$69,500
Sold Price
$68,050
Premium/Discount to List
-$1,450
-2.09%
Current Estimated Value
$104,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,893
Avg. Annual Appreciation
12.64%
Original Mortgage
$101,200
Outstanding Balance
$90,155
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$14,788

Purchase Details

Closed on
Nov 18, 2020
Sold by
Aldrete David
Bought by
Inca Estates Llc

Purchase Details

Listed on
Mar 23, 2018
Closed on
Jun 28, 2018
Sold by
Derozier Joseph D and Shircliff James W
Bought by
Aldrete David
List Price
$46,000
Sold Price
$42,000
Premium/Discount to List
-$4,000
-8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.99%
Original Mortgage
$80,000
Interest Rate
4.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
May 19, 2014
Closed on
Nov 19, 2014
Sold by
Taylor Phillip A and Taylor Linda S
Bought by
Derozier Joseph D and Shircliff James W
Seller's Agent
Donna Strickland
Carriger Oldfather Realty, Inc
Buyer's Agent
Tami Gallahan Tschiniak
Carriger Oldfather Realty, Inc
List Price
$44,900
Sold Price
$40,000
Premium/Discount to List
-$4,900
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.36%
Original Mortgage
$31,000
Interest Rate
4.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 28, 2008
Sold by
Smith Richard and Smith Holliday
Bought by
Taylor Philip A and Taylor Linda S

Purchase Details

Closed on
Aug 15, 2007
Sold by
Taylor Phillip A and Taylor Linda S
Bought by
Smith Richard and Smith Holliday
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
Courts William -- None Listed On Document
Inca Estates Llc -- None Available
Aldrete David -- Metropolitan Title Company
Derozier Joseph D -- None Available
Taylor Philip A -- None Available
Smith Richard -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Courts William $101,200
Previous Owner Aldrete David $80,000
Previous Owner Derozier Joseph D $31,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/06/2022 05/06/22 Sold $68,050 -2.1% $33 / Sq Ft
04/04/2022 04/04/22 Pending -- -- --
03/28/2022 03/28/22 For Sale $69,500 +65.5% $33 / Sq Ft
06/28/2018 06/28/18 Sold $42,000 -8.7% $20 / Sq Ft View Prior Sale
03/23/2018 03/23/18 For Sale $46,000 +15.0% $22 / Sq Ft
11/19/2014 11/19/14 Sold $40,000 -10.9% $19 / Sq Ft View Prior Sale
08/31/2014 08/31/14 Pending -- -- --
05/19/2014 05/19/14 For Sale $44,900 -- $21 / 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 $1,220 $58,100 $2,300 $55,800
2023 $1,162 $48,500 $2,300 $46,200
2022 $1,024 $51,200 $2,300 $48,900
2021 $852 $42,600 $2,300 $40,300
2020 $852 $42,600 $2,300 $40,300
2019 $806 $40,300 $2,300 $38,000
2018 $722 $36,100 $2,300 $33,800
2017 $716 $35,800 $2,300 $33,500
2016 $716 $35,800 $2,300 $33,500
2014 $710 $35,500 $2,300 $33,200
2013 -- $35,100 $2,300 $32,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202210294

Indiana Regional MLS

APN: 52-08-27-113-003.000-016