NOT LISTED FOR SALE

261 W 5th St Peru, IN 46970

Estimated Value: $73,000 - $196,000

8 Beds
2 Baths
2,445 Sq Ft
$56/Sq Ft Est. Value

Last Sold February 24, 2015

Last sale price $30,000 $12 Per Sq Ft

Est. 358% increase in value since last sale

Current estimated payment $864/month

68 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • 2 Car Detached Garage
  • Elmwood Primary Learning Center Rated A-
  • Fenced Yard
  • Forced Air Heating and Cooling System

About This Home

As of February 2015

GREAT MULTI-FAMILY PROPERTY. PROPERTY CURRENTLY HAS TWO UNITS, EACH WITH 4(FOUR) SLEEPING QUARTERS. HOME COULD EASILY BE CONVERTED BACK INTO A SINGLE-FAMILY RESIDENCE. PROPERTY FEATURES VINYL EXTERIOR, VINYL WINDOWS AND A NEWER ROOF.

Last Agent to Sell the Property

John Oldfather

Carriger Oldfather Realty, Inc Listed on: 12/18/2014

Last Buyer's Agent

Brad Sherwin

Indiana Homes Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 7,275 Sq Ft Lot
  • Lot Dimensions are 55 x 132
  • Fenced Yard
  • Vinyl Fence
  • Level Lot

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • South Peru Elementary School
  • Peru Middle School
  • Peru High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for alarm, building insurance, cable, cooling, electric, fuel, heating, lawn maintenance, maintenance, parking, snow removal, sewer, tax, trash collection, water, water softener
  • Assessor Parcel Number 52-08-28-419-124.000-016

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1890
  • Age: 125
  • Style: Two Story
  • Bedrooms: 8
  • Number Above Grade Bedrooms: 8
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 021-77290-00 SHIRK AD OL 2; J.B. RICH RES.; 43 072 90000 |
  • Parcel Number ID: 52-08-28-419-124.000-016
  • Platted: Yes
  • Amenities: Basement, Fenced Yard, Off Street Parking, Cable Available, Detector-Smoke, Porch Covered, Water Heater Electric
  • Sp Lp Percent: 60.61
  • Year Taxes Payable: 2015
  • Special Features: None

Interior Features

  • Total Sq Ft: 3500
  • Total Finished Sq Ft: 2445
  • Above Grade Finished Sq Ft: 2445
  • Below Grade Sq Ft: 1055
  • Price Per Sq Ft: 12.27
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Flooring: Carpet, Vinyl, Wood
  • Total Below Grade Sq Ft: 1055

Exterior Features

  • Exterior: Vinyl
  • Fence: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Electric Meters: 1
  • Number Water Meters: 1

Schools

  • School District: Peru Community Schools
  • Elementary School: South Peru
  • Middle School: Peru
  • High School: Peru High School
  • Elementary School: South Peru

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 55 x 132
  • Estimated Lot Sq Ft: 7275
  • Estimated Lot Size Acres: 0.167

Rental Info

  • Owner Pays: Alarm, Building Insurance, Cable, Cooling, Electric, Fuel, Heating, Lawn Maintenance, Maintenance, Parking, Snow Removal, Sewer, Tax, Trash Collection, Water, Water Softener

Tax Info

  • Annual Property Tax: 1212

Multi Family

  • Number Of Units: 2
  • Number Of 4 Bedrooms: 2
  • Num Of Units Rented: 1

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
Dec 18, 2014
Closed on
Feb 24, 2015
Sold by
Vohne Liche Kennels Llc
Bought by
Starkey Michael C and Starkey Kimberly
Seller's Agent
John Oldfather
Carriger Oldfather Realty, Inc
Buyer's Agent
Brad Sherwin
Indiana Homes Realty, LLC
List Price
$49,500
Sold Price
$30,000
Premium/Discount to List
-$19,500
-39.39%
Current Estimated Value
$137,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,480
Avg. Annual Appreciation
15.37%
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
Starkey Michael C -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2015 02/24/15 Sold $30,000 -39.4% $12 / Sq Ft
02/24/2015 02/24/15 Pending -- -- --
12/18/2014 12/18/14 For Sale $49,500 -- $20 / 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 $1,619 $77,100 $7,200 $69,900
2023 $1,542 $72,600 $7,200 $65,400
2022 $1,120 $56,000 $7,200 $48,800
2021 $946 $47,300 $7,200 $40,100
2020 $988 $49,400 $7,200 $42,200
2019 $944 $47,200 $7,200 $40,000
2018 $894 $44,700 $7,200 $37,500
2017 $886 $44,300 $7,200 $37,100
2016 $886 $44,300 $7,200 $37,100
2014 $1,222 $61,100 $7,200 $53,900
2013 -- $60,600 $7,200 $53,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    John Oldfather

    Carriger Oldfather Realty, Inc

    (765) 461-6333

    16 Total Sales

    John Oldfather
    Section Image

  • B

    Buyer's Agent in 2015

    Brad Sherwin

    Indiana Homes Realty, LLC

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201500874

Indiana Regional MLS

APN: 52-08-28-419-124.000-016

Indiana Miami County Peru 46970

261 W 5th St, Peru, IN

This home is located at 261 W 5th St, Peru, IN 46970 since 18 December 2014 and is currently estimated at $137,480, approximately $56 per square foot. This property was built in 1890. 261 W 5th St is a home located in Miami County with nearby schools including Elmwood Primary Learning Center, Blair Pointe Upper Elementary School, and Peru Junior High School.

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.

Indiana Regional MLS 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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