$80,000
SOLD FEB 3, 2020

2237 S Terrace Place Peru, IN 46970

3 Beds
2 Baths
1,728 Sq Ft
0.98 Acres

Recently Sold

$46 Per Sq Ft

16% Below List Price

37 Days on Market

Highlights

  • Traditional Architecture
  • Central Air
  • Wood Siding
  • 2 Car Attached Garage

About This Home

As of June 2024

Move right in to this 3, possible 4 bedroom, 2 full bath home with oversized yard in Maconaquah School District. Home is sold "as is".

Last Agent to Sell the Property

Stacia Bonifant

Creative Realty - Peru Listed on: 10/11/2019

Last Buyer's Agent

Jill Miles

Miles Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $140

Year Built

  • Built in 1978

Lot Details

  • 0.98 Acre Lot
  • Lot Dimensions are 140 x 143
  • Rural Setting
  • Chain Link Fence
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Bi-Level Home
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Washer and Electric Dryer Hookup

Schools

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

Utilities

  • Central Air
  • Well
  • Community Well
  • Septic System

Additional Features

  • Basement

Community Details

  • Forest Hill Subdivision

Listing and Financial Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$140

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1978
  • Age: 42
  • Style: Bi-Level
  • Architectural Style: Traditional
  • Total Number of Rooms: 8
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 3
  • 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: Deck Open, Dryer Hook Up Electric, Washer Hook-Up
  • Inside City Limits: Yes
  • Location: Rural Subdivision
  • Sp Lp Percent: 84.21
  • Year Taxes Payable: 2019
  • Special Features: 12

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: 69.44
  • Basement: Yes
  • Basement Foundation: Slab
  • Living Great Room: Dimensions: 16x12, On Level: Main
  • Kitchen: Dimensions: 14x12, On Level: Main
  • Dining Room: Dimensions: 12x12, On Level: Main
  • Family Room: Dimensions: 23x11, On Level: Lower
  • Extra Room: Possible 4th Bedroom, Dimensions: 12x11, On Level: Lower
  • Bedroom 1: Dimensions: 13x12, On Level: Main
  • Bedroom 2: Dimensions: 8x11, On Level: Main
  • Bedroom 3: Dimensions: 10x9, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 576

Exterior Features

  • Exterior: Vinyl, Wood
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: Shed, Dimensions: 10x14
  • Fence: Chain Link

Garage/Parking

  • Driveway: Asphalt
  • 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
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: Peru Utilities
  • Well Type: Community

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: 0-2.9999
  • Lot Dimensions: 140 x 143
  • Estimated Lot Sq Ft: 42689
  • Estimated Lot Size Acres: 0.98

Tax Info

  • Annual Taxes: 139.76
  • Exemptions: Homestead, Mortgage, 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
$189,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,597
Avg. Annual Appreciation
9.70%
Original Mortgage
$161,029
Outstanding Balance
$159,738
Interest Rate
7.25%
Mortgage Type
FHA
Estimated Equity
$23,704

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $164,000 None Listed On Document
Warranty Deed $80,000 Wabash Valley Abstract Co., In
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $6,524 FHA
Open $161,029 FHA
Previous Owner $77,600 New Conventional
Previous Owner $134,900 New Conventional
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: 201944966

Indiana Regional MLS

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