NOT LISTED FOR SALE

283 W Main St Peru, IN 46970

Estimated Value: $104,000 - $170,000

4 Beds
3 Baths
2,560 Sq Ft
$53/Sq Ft Est. Value

Last Sold September 19, 2023

Last sale price $100,000 $39 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $866/month

50 Days on Market

Highlights

  • Wood Flooring
  • Enclosed Patio or Porch
  • Entrance Foyer
  • Elmwood Primary Learning Center Rated A-
  • Eat-In Kitchen
  • Ceiling Fan

About This Home

As of September 2023

This tri-plex brings in $1250.00 a month, all currently rented. Ample parking area at back, 3 electric meters, 2 gas meters, (one down east side, one down west side), 1 water meter, owner pays lawn maintenance, solid waste bill & water usage only, tenants pay for snow removal, their own electric and gas bill. Close to downtown, shopping, restaurants, etc. No pets preferred.

Last Agent to Sell the Property

Tami Gallahan Tschiniak

Carriger Oldfather Realty, Inc Brokerage Phone: 765-469-1567 Listed on: 07/13/2023

Last Buyer's Agent

Christy Young

Listing Leaders Integrity, LLC

Listing Leaders Integrity, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,106

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 42x134
  • Level Lot

Home Design

  • Triplex
  • Shingle Roof
  • Rolled or Hot Mop Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Eat-In Kitchen

Flooring

  • Wood
  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

  • Exterior Basement Entry
  • Stone or Rock in Basement
  • Crawl Space

Parking

  • 4 Parking Spaces
  • Driveway
  • Paved Parking
  • Off-Street Parking

Schools

  • Elmwood/Blair Pointe Elementary School
  • Peru Middle School
  • Peru High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Cable TV Available

Additional Features

  • Enclosed Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, electric, fuel, heating
  • The owner pays for lawn maintenance, water
  • Assessor Parcel Number 52-08-28-413-014.000-016

Community Details

Overview

  • 3 Units

Pet Policy

  • Pet Restriction

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,569
  • Maintenance Expense $500
  • Water Sewer Expense $1,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,106

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1900
  • Age: 123
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Corwin Ross & Fenimore Add Lot 14
  • Parcel Number ID: 52-08-28-413-014.000-016
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking, Cable Available, Eat-In Kitchen, Foyer Entry, Porch Enclosed
  • Location: City/Town/Suburb
  • Sp Lp Percent: 86.96
  • Annual Miscellaneous: 90
  • Monthly Gross Income: 1250
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 2860
  • Total Finished Sq Ft: 2560
  • Above Grade Finished Sq Ft: 2560
  • Below Grade Sq Ft: 300
  • Price Per Sq Ft: 39.06
  • Basement: Yes
  • Basement Foundation: Crawl, Outside Entrance Only, Partial Basement
  • Basement Material: Stone
  • Flooring: Part Carpet, Vinyl, Wood
  • Main Level Sq Ft: 1344
  • Total Below Grade Sq Ft: 300
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Rolled, Shingle
  • Stories: 2

Garage/Parking

  • Driveway: Asphalt
  • Number Of Parking Spaces: 4
  • Parking: Off Street, Paved

Utilities

  • Cooling: Window
  • Heating Fuel: Electricity, Baseboard
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Peru Utilities
  • Gas Company: NIPSCO
  • Water Company: Peru Utilities
  • Cable Company: Comcast
  • Annual Insurance Expense: 1569
  • Annual Maintenance Expense: 500
  • Annual Water Sewer Expense: 1500
  • Number Electric Meters: 3
  • Number Gas Meters: 2
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 42x134
  • Estimated Lot Sq Ft: 5227
  • Estimated Lot Size Acres: 0.12

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Lawn Maintenance, Water
  • Tenant Pays: Cable, Electric, Fuel, Heating

Multi Family

  • Gross Monthly Rent: 1250
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 1106

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
Jul 13, 2023
Closed on
Sep 15, 2023
Sold by
Edinburgh Properties Llc
Bought by
Brighter Future Investing Llc
Seller's Agent
Tami Gallahan Tschiniak
Carriger Oldfather Realty, Inc
Buyer's Agent
Christy Young
Listing Leaders Integrity, LLC
List Price
$115,000
Sold Price
$100,000
Premium/Discount to List
-$15,000
-13.04%
Views
50
Current Estimated Value
$134,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,783
Avg. Annual Appreciation
15.43%

Purchase Details

Closed on
Sep 29, 2008
Sold by
Bonifant John D and Bonifant Pamela J
Bought by
Howard Jerry R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
6.43%
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
Brighter Future Investing Llc -- None Listed On Document
Howard Jerry R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Howard Jerry R $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2023 09/19/23 Sold $100,000 -13.0% $39 / Sq Ft
09/01/2023 09/01/23 Pending -- -- --
07/13/2023 07/13/23 For Sale $115,000 -- $45 / 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 $1,818 $90,900 $5,500 $85,400
2023 $1,818 $74,300 $5,500 $68,800
2022 $1,106 $55,300 $5,500 $49,800
2021 $922 $46,100 $5,500 $40,600
2020 $966 $60,000 $5,500 $54,500
2019 $908 $45,400 $5,500 $39,900
2018 $850 $42,500 $5,500 $37,000
2017 $846 $42,300 $5,600 $36,700
2016 $846 $42,300 $5,600 $36,700
2014 $830 $41,500 $5,600 $35,900
2013 -- $41,200 $5,600 $35,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202324366

Indiana Regional MLS

APN: 52-08-28-413-014.000-016