Estimated payment $815/month
Total Views
30,968
3
Beds
2
Baths
1,916
Sq Ft
$75
Price per Sq Ft
Highlights
- Hot Property
- Traditional Architecture
- Covered Patio or Porch
- Elmwood Primary Learning Center Rated A-
- Corner Lot
- 1-minute walk to Davis Park
About This Home
Welcome to 251 E 5th Street in Peru, IN! This big 2-story home sits on a corner lot right across from a park—great for playing or relaxing. The city just approved it to be used as a duplex, so you can turn it into two homes in one! Work has already started: there’s new plumbing, new gas lines, some new drywall, fresh paint, new flooring and new kitchen appliances. The roof is only 3 years old, and it has an attached 1-car garage. Make it your own! Or, if you want, it can be turned back into a single-family home. So many possibilities with this one—live in one part, rent the other, or keep it all to yourself!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $398
Year Built
- Built in 1939
Lot Details
- 3,311 Sq Ft Lot
- Lot Dimensions are 42x79
- Corner Lot
Home Design
- Duplex
- Traditional Architecture
- Shingle Roof
- Wood Siding
Interior Spaces
- 2-Story Property
- Laminate Flooring
- Fire and Smoke Detector
- Partially Finished Basement
Kitchen
- Eat-In Kitchen
- Laminate Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Parking
- 1 Car Garage
- Gravel Driveway
- On-Street Parking
- Off-Street Parking
Schools
- Elmwood/Blair Pointe Elementary School
- Peru Middle School
- Peru High School
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
Additional Features
- Covered Patio or Porch
- Suburban Location
Listing and Financial Details
- Homestead Exemption
- The owner pays for building insurance, cooling, electric, fuel, heating, maintenance, sewer, tax, trash collection, water
- Assessor Parcel Number 52-08-27-401-440.000-016
Community Details
Overview
- 2 Units
Pet Policy
- Pet Restriction
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Insurance Expense $880
- Water Sewer Expense $1,680
Map
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Home Values in the Area
Average Home Value in this Area
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 | $795 | $79,500 | $2,700 | $76,800 |
| 2023 | $795 | $80,400 | $2,700 | $77,700 |
| 2022 | $748 | $80,400 | $2,700 | $77,700 |
| 2021 | $590 | $66,800 | $2,700 | $64,100 |
| 2020 | $548 | $66,800 | $2,700 | $64,100 |
| 2019 | $579 | $66,800 | $2,700 | $64,100 |
| 2018 | $467 | $59,800 | $2,700 | $57,100 |
| 2017 | $431 | $59,100 | $2,700 | $56,400 |
| 2016 | $428 | $59,100 | $2,700 | $56,400 |
| 2014 | $325 | $58,400 | $2,700 | $55,700 |
| 2013 | -- | $58,400 | $2,700 | $55,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2025 07/01/25 | For Sale | $143,500 | +258.8% | $75 / Sq Ft |
| 12/13/2024 12/13/24 | Sold | $40,000 | -20.0% | $34 / Sq Ft |
| 12/06/2024 12/06/24 | Pending | -- | -- | -- |
| 11/23/2024 11/23/24 | For Sale | $50,000 | -- | $42 / Sq Ft |
Source: Indiana Regional MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $40,000 | None Listed On Document | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available |
Source: Public Records
About the Listing Agent
Memi is the Broker/Owner of MPR Realty, LLC. She is bilingual in English and Spanish. Memi dedicates herself to assisting buyers and sellers in reaching their Real Estate goals, not limiting herself to attending home inspections, hosting Open Houses, and assisting new homeowners in filing their property tax exemptions.
She is a full-time agent, and looks forward to assisting you with your Real Estate needs.
Memi's Other Listings
Source: Indiana Regional MLS
MLS Number: 202529903
APN: 52-08-27-401-440.000-016
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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