NOT LISTED FOR SALE

369 W Main St Peru, IN 46970

Estimated Value: $118,000 - $173,000

4 Beds
2 Baths
5,026 Sq Ft
$30/Sq Ft Est. Value

Last Sold May 06, 2022

Last sale price $68,500 $14 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $1,020/month

122 Days on Market

Highlights

  • Forced Air Heating System
  • Elmwood Primary Learning Center Rated A-
  • Level Lot

About This Home

As of May 2022

GREAT INVESTMENT PROPERTY! There are 2 units totaling 4 bedrooms, 2 bathrooms, and an over size 2 car garage. Both units have a porch that will be loved by all tenants. You will love the easy access to major highways, parks, schools, shops and entertainment. Priced to sell!

Last Agent to Sell the Property

Jim Gilday

eXp Realty, LLC Listed on: 10/29/2021

eXp Realty, LLC

Last Buyer's Agent

Stacia Bonifant

Creative Realty - Peru

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,112

Year Built

  • Built in 1983

Lot Details

  • 5,358 Sq Ft Lot
  • Level Lot

Home Design

  • Concrete Siding

Interior Spaces

  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Schools

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

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cooling, electric, heating, sewer
  • The owner pays for building insurance, maintenance
  • Assessor Parcel Number 52-08-33-109-014.000-016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,112

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1983
  • Age: 39
  • Style: One and Half Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 021-41400-50 FARRARS ADD LOT 12 369 W MAIN 42 064 00200
  • Parcel Number ID: 52-08-33-109-014.000-016
  • Platted: Yes
  • Amenities: Off Street Parking
  • Sp Lp Percent: 97.86
  • Monthly Gross Income: 975
  • Year Taxes Payable: 2020
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 5702
  • Total Finished Sq Ft: 5026
  • Above Grade Finished Sq Ft: 5026
  • Below Grade Sq Ft: 676
  • Price Per Sq Ft: 13.63
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Mixed
  • Total Below Grade Sq Ft: 676
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Concrete
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Heating Fuel: Forced Air
  • Sewer: Public
  • Water Utilities: Public

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
  • Estimated Lot Sq Ft: 5358
  • Estimated Lot Size Acres: 0.123

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Maintenance
  • Tenant Pays: Cooling, Electric, Heating, Sewer

Multi Family

  • Gross Monthly Rent: 975
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1112

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
Oct 29, 2021
Closed on
May 6, 2022
Sold by
Scottjames Llc
Bought by
Armson Property Holdings 1 Ll
Seller's Agent
Jim Gilday
eXp Realty, LLC
Buyer's Agent
Stacia Bonifant
Creative Realty - Peru
List Price
$80,000
Sold Price
$68,500
Premium/Discount to List
-$11,500
-14.38%
Current Estimated Value
$153,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,561
Avg. Annual Appreciation
27.02%

Purchase Details

Closed on
Apr 20, 2021
Sold by
Scott James Llc
Bought by
Armson Property Holdings 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
3.1%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Aug 14, 2017
Sold by
First Berne
Bought by
Scottjames Llc

Purchase Details

Closed on
Mar 21, 2017
Sold by
Doane Properties Ltd
Bought by
First Berne
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Armson Property Holdings 1 Ll -- Keith Thomas A
Armson Property Holdings 1 Llc $350,000 None Available
Scottjames Llc $21,000 --
First Berne $28,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Armson Property Holdings 1 Llc $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2022 05/06/22 Sold $68,500 0.0% $14 / Sq Ft
05/06/2022 05/06/22 Sold $68,500 -2.1% $33 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
02/02/2022 02/02/22 Pending -- -- --
01/21/2022 01/21/22 For Sale -- -- --
01/11/2022 01/11/22 Pending -- -- --
12/30/2021 12/30/21 Price Changed $70,000 -12.5% $14 / Sq Ft
10/29/2021 10/29/21 For Sale $80,000 0.0% $16 / Sq Ft
10/13/2021 10/13/21 For Sale $80,000 -- $39 / 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 $2,180 $109,000 $5,300 $103,700
2023 $2,180 $113,700 $5,300 $108,400
2022 $1,674 $83,700 $5,300 $78,400
2021 $1,392 $69,600 $5,300 $64,300
2020 $1,392 $69,600 $5,300 $64,300
2019 $1,148 $57,400 $5,300 $52,100
2018 $1,112 $55,600 $5,300 $50,300
2017 $1,102 $55,100 $5,300 $49,800
2016 $1,102 $55,100 $5,300 $49,800
2014 $1,056 $52,800 $5,300 $47,500
2013 -- $54,000 $5,300 $48,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202145646

Indiana Regional MLS

APN: 52-08-33-109-014.000-016