NOT LISTED FOR SALE

222 E 5th St Peru, IN 46970

Estimated Value: $45,000 - $106,000

3 Beds
2 Baths
1,452 Sq Ft
$49/Sq Ft Est. Value

Last Sold February 27, 2024

Last sale price $35,000 $24 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $507/month

51 Days on Market

Highlights

  • 1 Car Detached Garage
  • Forced Air Heating System
  • 2-minute walk to Davis Park
  • Elmwood Primary Learning Center Rated A-
  • Level Lot

About This Home

As of February 2024

ATTENTION INVESTORS! Whether you're a seasoned investor or entering the market for the first time, explore the potential of this REO property, offered in "AS-IS" condition. Unleash your creativity and capitalize on this unique fixer upper. This property boasts 3 bedrooms, 2 full baths, a basement and a detached garage while conveniently located within walking distance to parks, schools, and restaurants. Seize the chance to enhance its appeal and make it a lucrative asset in your portfolio. Don't miss out on this opportunity – act now!

Last Agent to Sell the Property

Steve Meeker

Meeker Real Estate, INC Brokerage Phone: 219-796-6924 Listed on: 01/02/2024

Last Buyer's Agent

Steve Meeker

Meeker Real Estate, INC Brokerage Phone: 219-796-6924 Listed on: 01/02/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $300

Year Built

  • Built in 1890

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Detached Garage

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Natural lighting in basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

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

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 52-08-27-113-008.000-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$300

Year Built

Built in 1890

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1890
  • Style: Two Story
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 021-87619-00 TRACEY SUBD. 00-00-00 .00 OUTLOT 5 GODFROY AD CENT E1/2 LOT 4 43 176 19000
  • Parcel Number ID: 52-08-27-113-008.000-016
  • Platted: Yes
  • Special Features: 1028
  • Stories: 2

Interior Features

  • Total Sq Ft: 1752
  • Total Finished Sq Ft: 1452
  • Above Grade Finished Sq Ft: 1452
  • Below Grade Sq Ft: 300
  • Basement: Yes
  • Basement Foundation: Daylight, Unfinished
  • Bedroom 1: Dimensions: 8x8, On Level: Main
  • Bedroom 2: Dimensions: 10x10, On Level: Upper
  • Bedroom 3: Dimensions: 10x11, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 300

Exterior Features

  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 20x8
  • Garage: Yes

Utilities

  • Heating Fuel: Forced Air
  • Sewer: Public
  • Water Utilities: Public

Schools

  • Elementary School: Elmwood/Blair Pointe

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 4356
  • Estimated Lot Sq Ft: 4356
  • Estimated Lot Size Acres: 0.1

Tax Info

  • Annual Taxes: 300

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
Jan 2, 2024
Closed on
Feb 27, 2024
Sold by
First York Capital Llc
Bought by
Tetrick Michael and Tingle John D
Seller's Agent
Steve Meeker
Meeker Real Estate, INC
Buyer's Agent
Steve Meeker
Meeker Real Estate, INC
List Price
$49,900
Sold Price
$35,000
Premium/Discount to List
-$14,900
-29.86%
Views
132
Current Estimated Value
$71,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,589
Avg. Annual Appreciation
48.17%

Purchase Details

Listed on
Jan 2, 2024
Closed on
Dec 29, 2023
Sold by
First Franklin Mtg Loan Trust
Bought by
First York Capital Llc
Seller's Agent
Steve Meeker
Meeker Real Estate, INC
Buyer's Agent
Steve Meeker
Meeker Real Estate, INC
List Price
$49,900
Sold Price
$35,000
Premium/Discount to List
-$14,900
-29.86%
Views
132

Purchase Details

Closed on
Aug 15, 2023
Sold by
Miami County
Bought by
Wells Fargo Bank Na and Willis
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
Tetrick Michael $35,000 None Listed On Document
First York Capital Llc $15,600 None Listed On Document
Wells Fargo Bank Na $40,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2024 02/27/24 Sold $35,000 -20.5% $24 / Sq Ft
02/22/2024 02/22/24 Pending -- -- --
01/31/2024 01/31/24 Price Changed $44,000 -11.8% $30 / Sq Ft
01/02/2024 01/02/24 For Sale $49,900 -- $34 / 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 $1,579 $42,100 $2,700 $39,400
2023 $1,489 $42,500 $2,700 $39,800
2022 $0 $42,500 $2,700 $39,800
2021 $215 $35,900 $2,700 $33,200
2020 $200 $35,900 $2,700 $33,200
2019 $211 $35,900 $2,700 $33,200
2018 $164 $32,500 $2,700 $29,800
2017 $150 $32,100 $2,700 $29,400
2016 $149 $32,100 $2,700 $29,400
2014 $112 $31,700 $2,700 $29,000
2013 -- $31,600 $2,700 $28,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202400256

Indiana Regional MLS

APN: 52-08-27-113-008.000-016