NOT LISTED FOR SALE

405 E Main St Peru, IN 46970

Estimated Value: $160,000 - $210,000

3 Beds
1.5 Baths
1,448 Sq Ft
$124/Sq Ft Est. Value

Last Sold October 27, 2021

Last sale price $150,000 $104 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,019/month

40 Days on Market

Highlights

  • Traditional Architecture
  • 2 Car Detached Garage
  • Ceramic Tile Flooring
  • Elmwood Primary Learning Center Rated A-
  • Double Pane Windows
  • Forced Air Heating and Cooling System

About This Home

As of October 2021

Quality throughout in this beautifully maintained home. Solid oak woodwork in pristine condition. Relax on your front porch swing, everything has been done! Walk in through the original solid oak entrance door to a welcoming open oak stairway. The open large living room, with original built ins, spans the entire front of the home. Beautiful dining room with original wood floors. Updated kitchen with all appliances, breakfast bar, both with metal ceiling. 1/2 bath on first floor. 3 bedrooms upstairs, with full bath, and an extra closet room. Laundry is located in the partially finished basement. There are 2 furnaces, and 2 central air units, 1 for each floor, to ensure even heating and cooling. Privacy fenced yard with patio. Detached insulated garage.

Last Agent to Sell the Property

Melinda Willis

Spear Real Estate, Inc Listed on: 09/16/2021

Co-Listed By

Scott Shepherd

Spear Real Estate, Inc

Last Buyer's Agent

Jill Ash

Allen Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $680

Year Built

  • Built in 1920

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 38x132
  • Privacy Fence
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Double Pane Windows
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Location

  • Suburban Location

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 52-08-27-102-016.000-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$680

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1920
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: 021-80806-00 SMITH 3RD AD LOT 10; & VAC ALLEY; 43 108 00600
  • Parcel Number ID: 52-08-27-102-016.000-016
  • Platted: Yes
  • Location: City/Town/Suburb
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2124
  • Total Finished Sq Ft: 1448
  • Above Grade Finished Sq Ft: 1448
  • Below Grade Sq Ft: 676
  • Basement: Yes
  • Basement Foundation: Full Basement, Partially Finished
  • Flooring: Carpet, Vinyl, Ceramic Tile
  • Living Great Room: Dimensions: 26x13, On Level: Main
  • Kitchen: Dimensions: 15x12, On Level: Main
  • Dining Room: Dimensions: 14x12, On Level: Main
  • Bedroom 1: Dimensions: 14x14, On Level: Upper
  • Bedroom 2: Dimensions: 10x14, On Level: Upper
  • Bedroom 3: Dimensions: 9x11, On Level: Upper
  • Main Level Sq Ft: 676
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 676

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None
  • Fence: Privacy

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x24
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Peru Utilities
  • Gas Company: NIPSCO
  • Water Company: Peru Utilities

Schools

  • Elementary School: Elmwood/Blair Pointe

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 38X132
  • Estimated Lot Sq Ft: 5227
  • Estimated Lot Size Acres: 0.12

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows

Tax Info

  • Annual Taxes: 680
  • Exemptions: Homestead, Mortgage

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
Sep 16, 2021
Closed on
Oct 27, 2021
Sold by
Cooper James A and Larson Kimberly R
Bought by
Samons Cruz D and Samons Brittnee A
Seller's Agent
Melinda Willis
Spear Real Estate, Inc
Buyer's Agent
Jill Ash
Allen Realty Group
List Price
$159,900
Sold Price
$150,000
Premium/Discount to List
-$9,900
-6.19%
Current Estimated Value
$176,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,240
Avg. Annual Appreciation
4.34%
Original Mortgage
$133,000
Outstanding Balance
$121,684
Interest Rate
2.88%
Mortgage Type
Commercial
Estimated Equity
$57,205

Purchase Details

Listed on
Jul 10, 2017
Closed on
Aug 24, 2017
Sold by
Khatibi Masoud and Khatibi Cathy J
Bought by
Cooper James A and Larson Kimberly R
List Price
$96,500
Sold Price
$96,000
Premium/Discount to List
-$500
-0.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.32%
Original Mortgage
$141,800
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2012
Sold by
Khatibi Masdon
Bought by
Khatibi Masoud and Khatibi Cathy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,326
Interest Rate
3.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2001
Sold by
Johnson Zachary D and Johnson Laura L
Bought by
Khatibi Masoud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,347
Interest Rate
5.13%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Samons Cruz D $150,000 None Available
Cooper James A $96,000 Wabash Valley Abstract Co., In
Khatibi Masoud -- None Available
Khatibi Masoud -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Samons Cruz D $133,000
Previous Owner Cooper James A $141,800
Previous Owner Khatibi Masoud $81,326
Previous Owner Khatibi Masoud $81,347
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/27/2021 10/27/21 Sold $150,000 -6.2% $104 / Sq Ft
10/26/2021 10/26/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $159,900 +66.6% $110 / Sq Ft
08/29/2017 08/29/17 Sold $96,000 -0.5% $66 / Sq Ft View Prior Sale
07/13/2017 07/13/17 Pending -- -- --
07/10/2017 07/10/17 For Sale $96,500 -- $67 / 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 $1,134 $113,400 $4,200 $109,200
2023 $1,134 $107,200 $4,200 $103,000
2022 $1,117 $111,700 $4,200 $107,500
2021 $980 $98,000 $4,200 $93,800
2020 $983 $98,300 $4,200 $94,100
2019 $947 $94,700 $4,200 $90,500
2018 $601 $80,400 $4,200 $76,200
2017 $557 $80,200 $4,200 $76,000
2016 $556 $80,300 $4,200 $76,100
2014 $405 $78,700 $4,200 $74,500
2013 -- $79,200 $4,200 $75,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202138964

Indiana Regional MLS

APN: 52-08-27-102-016.000-016