NOT LISTED FOR SALE

266 W 7th St Peru, IN 46970

Estimated Value: $56,000 - $148,000

5 Beds
2 Baths
2,388 Sq Ft
$43/Sq Ft Est. Value

Last Sold September 13, 2021

Last sale price $38,000 $16 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $703/month

90 Days on Market

About This Home

As of September 2021

Investment opportunity. Two tenants. West side move in ready. East side under renovations by current tenant in exchange for rent. Oversized lot. Income potential. #264 & #266 Rented-tenants rights apply. Please allow 24 hour notice. Property being sold AS-IS. Washer and drier in finished unit belong to tenant.

Last Agent to Sell the Property

Cassidy Miles

Miles Realty Group Listed on: 05/27/2021

Co-Listed By

Rebekah Slack

Miles Realty Group

Last Buyer's Agent

Rebekah Slack

Miles Realty Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Vinyl Flooring
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Location

  • Suburban Location

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable, electric, heating, sewer, trash collection, water
  • The owner pays for tax
  • Assessor Parcel Number 52-08-28-420-037.000-016

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: 131
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 021-75628-00 SHIRKS 2ND AD; LOT 20; LOCATED:; 264 W. 7TH; 43 056 28000
  • Parcel Number ID: 52-08-28-420-037.000-016
  • Platted: Yes
  • Amenities: Basement
  • Location: City/Town/Suburb
  • Sp Lp Percent: 79.17
  • Monthly Gross Income: 425
  • Special Features: None

Interior Features

  • Total Sq Ft: 3656
  • Total Finished Sq Ft: 2388
  • Above Grade Finished Sq Ft: 2388
  • Below Grade Sq Ft: 1268
  • Price Per Sq Ft: 15.91
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Vinyl
  • Total Below Grade Sq Ft: 1268
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Utilities

  • Cooling: Window
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Peru Utilities
  • Water Company: Peru Utilities

Schools

  • School District: Peru Community Schools
  • Elementary School: Elmwood/Blair Pointe
  • Middle School: Peru
  • High School: Peru High School

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 66x132
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Tax
  • Tenant Pays: Cable, Electric, Heating, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 425
  • Number Of Refrigerators: 1
  • Number Of Units: 2
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 3
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1086

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2021
Closed on
Sep 13, 2021
Sold by
Fauber David S and Fauber Georgia M
Bought by
Barron Dalton
Seller's Agent
Cassidy Miles
Miles Realty Group
Buyer's Agent
Rebekah Slack
Miles Realty Group
List Price
$52,500
Sold Price
$38,000
Premium/Discount to List
-$14,500
-27.62%
Current Estimated Value
$102,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,204
Avg. Annual Appreciation
27.29%
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
Barron Dalton $38,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2021 09/13/21 Sold $38,000 -20.8% $16 / Sq Ft
07/20/2021 07/20/21 Price Changed $48,000 -8.6% $20 / Sq Ft
05/27/2021 05/27/21 For Sale $52,500 -- $22 / 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 $1,959 $60,900 $8,400 $52,500
2023 $1,842 $56,700 $8,400 $48,300
2022 $1,172 $58,600 $8,400 $50,200
2021 $1,086 $54,300 $8,400 $45,900
2020 $1,086 $54,300 $8,400 $45,900
2019 $818 $40,900 $8,400 $32,500
2018 $752 $37,600 $8,400 $29,200
2017 $744 $37,200 $8,400 $28,800
2016 $744 $37,200 $8,400 $28,800
2014 $552 $27,600 $8,400 $19,200
2013 -- $30,300 $8,400 $21,900
Source: Public Records

Agents Affiliated with this Home

  • Cassidy Miles

    Seller's Agent in 2021

    Cassidy Miles

    Miles Realty Group

    (239) 682-6400

    34 Total Sales

    Cassidy Miles
    Section Image
  • Rebekah Slack

    Seller Co-Listing Agent in 2021

    Rebekah Slack

    Miles Realty Group

    (765) 469-0615

    113 Total Sales

    Rebekah Slack
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202119530

Indiana Regional MLS

APN: 52-08-28-420-037.000-016

Indiana Miami County Peru 46970

266 W 7th St, Peru, IN

This home is located at 266 W 7th St, Peru, IN 46970 since 27 May 2021 and is currently estimated at $102,204, approximately $42 per square foot. This property was built in 1890. 266 W 7th 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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