NOT LISTED FOR SALE

371 W 12th St Peru, IN 46970

Estimated Value: $95,000 - $641,000

22 Beds
15 Baths
-- Sq Ft
1.5 Acres

Last Sold June 15, 2022

Last sale price $435,000

Est. 34% decrease in value since last sale

Current estimated payment $1,764/month

67 Days on Market

Highlights

  • Central Air
  • Carpet
  • 1-Story Property
  • Elmwood Primary Learning Center Rated A-

About This Home

As of June 2022

Great investment opportunity awaits with these 6 multifamily properties that offer 8 one bedroom units and 7 two bedroom units. All 15 are currently leased with rents ranging between $410.00 to $575.00 per month. Each unit has a range and refrigerator. More information available upon request.

Last Agent to Sell the Property

Julie Allen

Allen Realty Group Listed on: 04/07/2022

Last Buyer's Agent

Cherie Smith

True Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,600

Year Built

  • Built in 1900

Lot Details

  • 1.5 Acre Lot
  • Irregular Lot

Parking

  • 15 Parking Spaces

Home Design

  • Slab Foundation
  • Block Exterior
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Partially Finished Basement
  • Crawl Space

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 22 Bedrooms
  • 15 Full Bathrooms

Schools

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

Utilities

  • Central Air
  • Window Unit Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 52-08-28-301-061.000-016

Community Details

Overview

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,600

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1900
  • Age: 122
  • Style: Detached
  • Bedrooms: 22
  • Number Above Grade Bedrooms: 22
  • Total Bathrooms: 15
  • Total Full Bathrooms: 15
  • Legal Description: Dukes 2nd Add, Pt Lot 13; North Part Dukes 2nd ADD Pt Lot 12; Dukes 2nd Add; Pt lot 13 & N PT Lot 12
  • Parcel Number ID: 52-08-28-301-061.000-016
  • Platted: Yes
  • Amenities: Cable Available
  • Parcel Id2: 520828301054000016, 520828301055000016
  • Sp Lp Percent: 97.1
  • Annual Miscellaneous: 800
  • Monthly Gross Income: 7166
  • Year Taxes Payable: 2022
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Yes
  • Basement Foundation: Crawl, Slab, Partial Basement
  • Flooring: Carpet, Vinyl
  • Number Of Ranges Ovens: 15

Exterior Features

  • Exterior: Block, Vinyl
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 15

Utilities

  • Cooling: Central Air, Window
  • Heating Fuel: Electricity, Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 13405
  • Annual Fuel Expense: 4185
  • Annual Insurance Expense: 4850
  • Annual Maintenance Expense: 8000
  • Annual Trash Expense: 525
  • Annual Water Sewer Expense: 2990
  • Number Of W D Hookups: 2

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: Irregular
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 65340
  • Estimated Lot Size Acres: 1.5

Rental Info

  • Lease Term: Negotiable

Multi Family

  • Gross Monthly Rent: 7166
  • Number Of Refrigerators: 15
  • Number Of Units: 15
  • Num Of1 Bedrooms: 8
  • Num Of2 Bedrooms: 7
  • Num Of Units Rented: 15

Tax Info

  • Annual Property Tax: 5600

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
Apr 7, 2022
Closed on
Jun 6, 2022
Sold by
Patton Tommy L and Patton Ronda K
Bought by
371 W12th Llc
Seller's Agent
Julie Allen
Allen Realty Group
Buyer's Agent
Cherie Smith
True Realty
List Price
$448,000
Sold Price
$435,000
Premium/Discount to List
-$13,000
-2.9%
Current Estimated Value
$288,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$147,000
Avg. Annual Appreciation
-11.55%
Original Mortgage
$304,500
Outstanding Balance
$289,274
Interest Rate
5.09%
Mortgage Type
FHA
Estimated Equity
-$1,274
Source: Public Records

Range of Values:

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Average Value
Not Available
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
371 W12th Llc -- Keith Thomas A
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 371 W12th Llc $304,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2022 06/15/22 Sold $435,000 -2.9% --
04/07/2022 04/07/22 For Sale $448,000 -- --
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 $3,031 $98,800 $12,400 $86,400
2023 $3,031 $95,900 $12,400 $83,500
2022 $1,795 $89,700 $6,200 $83,500
2021 $1,645 $82,200 $6,200 $76,000
2020 $1,645 $82,200 $6,200 $76,000
2019 $1,578 $78,800 $6,200 $72,600
2018 $1,422 $71,000 $6,200 $64,800
2017 $1,406 $70,200 $6,200 $64,000
2016 $1,409 $70,300 $6,200 $64,100
2014 $2,028 $101,300 $10,600 $90,700
2013 -- $99,600 $10,600 $89,000
Source: Public Records

Agents Affiliated with this Home

  • Julie Allen

    Seller's Agent in 2022

    Julie Allen

    Allen Realty Group

    (765) 469-7712

    121 Total Sales

    Julie Allen
    Section Image
  • Cherie Smith

    Buyer's Agent in 2022

    Cherie Smith

    True Realty

    (765) 438-5971

    144 Total Sales

    Cherie Smith
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202211800

Indiana Regional MLS

APN: 52-08-28-301-061.000-016

Indiana Miami County Peru 46970

371 W 12th St, Peru, IN

This home is located at 371 W 12th St, Peru, IN 46970 since 07 April 2022 and is currently estimated at $288,000. This property was built in 1900. 371 W 12th 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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