NOT LISTED FOR SALE

2237 S Terrace Place Peru, IN 46970

Estimated Value: $142,000 - $219,388

4 Beds
2 Baths
1,728 Sq Ft
$110/Sq Ft Est. Value

Last Sold June 13, 2024

Last sale price $164,000 $95 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,066/month

23 Days on Market

Highlights

  • Traditional Architecture
  • Formal Dining Room
  • En-Suite Primary Bedroom
  • Corner Lot
  • 2 Car Attached Garage
  • Central Air

About This Home

As of June 2024

Lots of room for summer-time living! Large lawn with mature shade trees, all new siding, gutters, AC unit, garage door openers, water softener, & refrigerator. 4 bedrooms, 2 full baths, 2 car garage. Neighborhood living, with extra elbow room plus a convenient location close to town, community water system, large wood deck, and wood burning stove located on the lower level in the family room. Fourth bedroom and large family room are located on lower level, two guest bedrooms and the primary bedroom are located on the main floor along with the primary en-suite bath and full guest bathroom. The large living room, formal dining room, and kitchen finish out the main floor. An open wood deck is just off of the kitchen, convenient for outdoor grilling and entertaining. Don't miss this versatile home!

Last Agent to Sell the Property

Jill Miles

Miles Realty Group Brokerage Phone: 765-327-2478 Listed on: 05/20/2024

Last Buyer's Agent

Nikki Nordman

Carriger Oldfather Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $254

Year Built

  • Built in 1978

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 140x143
  • Rural Setting
  • Corner Lot

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Shingle Siding
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Formal Dining Room
  • 1 Bedroom in Basement
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Schools

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

Utilities

  • Central Air
  • Multiple Heating Units
  • Baseboard Heating
  • Heating System Uses Wood
  • Private Water Source
  • Community Well
  • ENERGY STAR Qualified Water Heater
  • Septic System

Community Details

  • Well Subdivision

Listing and Financial Details

  • Assessor Parcel Number 52-11-06-101-018.000-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$254

Year Built

Built in 1978

Lot Details

0

HOA Fees

$40 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1978
  • Age: 46
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 9
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 016-64029-00 FOREST HILLS LOT 17 DA 606 31 640 02900
  • Parcel Number ID: 52-11-06-101-018.000-017
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Ceiling Fan(s), Deck Open, Detector-Smoke, Garage Door Opener, Formal Dining Room
  • Improvmnts In Last5 Yrs: Yes
  • Location: Rural Subdivision
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 103.14
  • Year Taxes Payable: 2024
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 1728
  • Total Finished Sq Ft: 1728
  • Above Grade Finished Sq Ft: 1152
  • Below Grade Finished Sq Ft: 576
  • Price Per Sq Ft: 142.36
  • Basement Foundation: Slab
  • Fireplace: Family Rm, Wood Burning Stove
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 16x12, On Level: Main
  • Kitchen: Dimensions: 14x12, On Level: Main
  • Dining Room: Dimensions: 12x12, On Level: Main
  • Family Room: Dimensions: 32x11, On Level: Lower
  • Bedroom 1: Dimensions: 13x12, On Level: Main
  • Bedroom 2: Dimensions: 8x11, On Level: Main
  • Bedroom 3: Dimensions: 10x9, On Level: Main
  • Bedroom 4: Dimensions: 12x11, On Level: Lower
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 576

Exterior Features

  • Exterior: Shingle, Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Shed, Dimensions: 10x14, 140

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x24
  • Garage Sq Ft: 576
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Wood, Baseboard, Multiple Heating Systems
  • Sewer: Septic
  • Water Utilities: Private
  • Electric Company: Peru Utilities
  • Cable Company: Comcast
  • Laundry: Dimensions: Lowerx8, On Level: 8
  • Well Type: Community

Condo/Co-op/Association

  • Association Fees: 40
  • Association Fees Frequency: Monthly
  • Other Fee Description: Community Well Monthly Fee $40

Schools

  • School District: Maconaquah School Corp.
  • Elementary School: Pipe Creek/Maconaquah
  • Middle School: Maconaquah
  • High School: Maconaquah
  • Elementary School: Pipe Creek/Maconaquah

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 140X143
  • Estimated Lot Sq Ft: 20020
  • Estimated Lot Size Acres: 0.46
  • Lot Number: 17

Green Features

  • Energy Efficient: Water Heater

Tax Info

  • Annual Taxes: 254.4
  • Total Assessed Value: 81800
  • Exemptions: Homestead, Supplemental

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2024
Closed on
Jun 13, 2024
Sold by
Hudson Tyler
Bought by
Bowman Travis L and Bowman Brianna N
Seller's Agent
Jill Miles
Miles Realty Group
Buyer's Agent
Nikki Nordman
Carriger Oldfather Realty, Inc
List Price
$159,000
Sold Price
$164,000
Premium/Discount to List
$5,000
3.14%
Views
15
Current Estimated Value
$183,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,442
Avg. Annual Appreciation
11.36%
Original Mortgage
$161,029
Outstanding Balance
$159,738
Interest Rate
7.25%
Mortgage Type
FHA
Estimated Equity
$25,859

Purchase Details

Listed on
Oct 11, 2019
Closed on
Feb 3, 2020
Sold by
Ward Randal D and Ward Sheri
Bought by
Hudson Tyler
Seller's Agent
Stacia Bonifant
Creative Realty - Peru
Buyer's Agent
Jill Miles
Miles Realty Group
List Price
$95,000
Sold Price
$80,000
Premium/Discount to List
-$15,000
-15.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.90%
Original Mortgage
$77,600
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2018
Sold by
Ward Randal D and Ward Sheri
Bought by
Ward Randal D and Ward Sheri
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
Bowman Travis L $164,000 None Listed On Document
Hudson Tyler $80,000 Wabash Valley Abstract Co., In
Ward Randal D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowman Travis L $6,524
Open Bowman Travis L $161,029
Previous Owner Hudson Tyler $77,600
Previous Owner Ward Randal D $134,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2024 06/13/24 Sold $164,000 +3.1% $95 / Sq Ft
06/12/2024 06/12/24 Pending -- -- --
05/20/2024 05/20/24 For Sale $159,000 +98.8% $92 / Sq Ft
02/03/2020 02/03/20 Sold $80,000 -15.8% $46 / Sq Ft
10/11/2019 10/11/19 For Sale $95,000 -- $55 / 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 $265 $76,100 $12,200 $63,900
2023 $265 $81,800 $12,200 $69,600
2022 $218 $81,800 $12,200 $69,600
2021 $195 $74,700 $12,200 $62,500
2020 $148 $67,600 $12,200 $55,400
2019 $142 $67,600 $12,200 $55,400
2018 $140 $71,100 $12,200 $58,900
2017 $131 $71,800 $10,000 $61,800
2016 $132 $71,800 $10,000 $61,800
2014 $104 $71,200 $10,000 $61,200
2013 -- $73,900 $10,000 $63,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202417897

Indiana Regional MLS

APN: 52-11-06-101-018.000-017