NOT LISTED FOR SALE

2238 S Terrace Place Peru, IN 46970

Estimated Value: $184,000 - $229,000

4 Beds
2 Baths
1,856 Sq Ft
$112/Sq Ft Est. Value

Last Sold October 12, 2018

Last sale price $100,000 $54 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $1,159/month

67 Days on Market

Highlights

  • Corner Lot
  • 2 Car Attached Garage
  • Forced Air Zoned Heating and Cooling System
  • Enclosed Patio or Porch
  • Home Security System
  • Ceiling Fan

About This Home

As of October 2018

This spacious home located in the Mac school district has had many upgrades. Several new windows have been installed, most flooring has been replaced, the kitchen now boasts beautiful countertops and the downstairs bathroom has been updated. The metal roof is less than 10 years old. This corner lot is fenced in and has a fun play house for kids too! (Considered "outbuilding") It also has a dual furnace system (one upstairs, and one downstairs) for the ability to heat the zones separately.

Last Agent to Sell the Property

Alyssa Richey

Miles Realty Group Listed on: 07/28/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $153

Year Built

  • Built in 1960

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 124x70
  • Rural Setting
  • Chain Link Fence
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Slab Foundation
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,856 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Home Security System
  • Gas Oven or Range
  • Laundry on main level

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Window Unit Cooling System
  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Community Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 52-11-06-101-017.000-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$153

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1960
  • Age: 58
  • Style: One and Half Story
  • Total Number of Rooms: 10
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 016-64023-00 FOREST HILLS 1ST 00-00-00 .00 SUB LOT 16 DA 606 31 640 02300 |
  • Parcel Number ID: 52-11-06-101-017.000-017
  • Platted: Yes
  • Amenities: Alarm System-Security, Ceiling Fan(s), Porch Enclosed, Range/Oven Hook Up Gas, Split Br Floor Plan, Main Floor Laundry
  • Location: Rural Subdivision
  • Sp Lp Percent: 102.15
  • Special Features: None

Interior Features

  • Total Sq Ft: 1856
  • Total Finished Sq Ft: 1856
  • Above Grade Finished Sq Ft: 1856
  • Price Per Sq Ft: 53.88
  • Basement Foundation: Slab
  • Flooring: Carpet, Laminate
  • Living Great Room: Dimensions: 10x10, On Level: Main
  • Kitchen: Dimensions: 14x9, On Level: Main
  • Dining Room: Dimensions: 23x11, On Level: Main
  • Family Room: Dimensions: 16x10, On Level: Main
  • Extra Room: Enclosed Front Porch, Dimensions: 10x11, On Level: Main
  • Bedroom 1: Dimensions: 10x11, On Level: Main
  • Bedroom 2: Dimensions: 11x11, On Level: Main
  • Bedroom 3: Dimensions: 11x17, On Level: Upper
  • Bedroom 4: Dimensions: 11x17, On Level: Upper
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Metal
  • Outbuilding1: Garden Shed, Dimensions: 6x8
  • Fence: Chain Link
  • Outbuilding2: Outbuilding, Dimensions: 8x8, 64

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 23x26
  • Garage Sq Ft: 598
  • Garage: Yes

Utilities

  • Cooling: Central Air, Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Public
  • Electric Company: NIPSCO, Peru Utilities
  • Hvac: Ceiling Fan, Zoned Heating
  • Laundry: Dimensions: Mainx8, On Level: 15
  • Well Type: Community

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 124x70
  • Estimated Lot Sq Ft: 7405
  • Estimated Lot Size Acres: 0.17
  • Lot Number: 16

Tax Info

  • Annual Taxes: 153
  • Total Assessed Value: 77800
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2018
Closed on
Oct 12, 2018
Sold by
Townsend Morgan R
Bought by
Callaway Michael E
Seller's Agent
Alyssa Richey
Miles Realty Group
List Price
$97,900
Sold Price
$100,000
Premium/Discount to List
$2,100
2.15%
Current Estimated Value
$208,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,509
Avg. Annual Appreciation
9.49%
Original Mortgage
$98,188
Outstanding Balance
$88,520
Interest Rate
5.75%
Mortgage Type
FHA
Estimated Equity
$98,764

Purchase Details

Listed on
Feb 19, 2013
Closed on
Nov 7, 2013
Sold by
Roach Renee L and Estate Of James Franklin Robso
Bought by
Townsend Morgan R
Buyer's Agent
Judy Hoeppner
Carriger Oldfather Realty, Inc
List Price
$85,500
Sold Price
$67,500
Premium/Discount to List
-$18,000
-21.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.30%
Original Mortgage
$68,954
Interest Rate
4.33%
Mortgage Type
New Conventional
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
Callaway Michael E -- None Available
Townsend Morgan R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Callaway Michael E $23,300
Open Callaway Michael E $98,188
Previous Owner Townsend Morgan R $68,954
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2018 10/12/18 Sold $100,000 +2.1% $54 / Sq Ft
10/03/2018 10/03/18 Pending -- -- --
07/28/2018 07/28/18 For Sale $97,900 +45.0% $53 / Sq Ft
11/07/2013 11/07/13 Sold $67,500 -21.1% $36 / Sq Ft
10/28/2013 10/28/13 Pending -- -- --
02/19/2013 02/19/13 For Sale $85,500 -- $46 / 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 $386 $92,400 $8,700 $83,700
2023 $386 $99,900 $8,700 $91,200
2022 $341 $99,900 $8,700 $91,200
2021 $218 $77,900 $8,700 $69,200
2020 $203 $80,400 $8,700 $71,700
2019 $194 $80,400 $8,700 $71,700
2018 $182 $80,400 $8,700 $71,700
2017 $153 $77,700 $7,100 $70,600
2016 $155 $77,800 $7,100 $70,700
2014 $120 $76,700 $7,100 $69,600
2013 -- $76,000 $7,100 $68,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201833612

Indiana Regional MLS

APN: 52-11-06-101-017.000-017