NOT LISTED FOR SALE

4385 S 550 E Peru, IN 46970

Estimated Value: $266,000 - $341,000

4 Beds
2 Baths
1,786 Sq Ft
$165/Sq Ft Est. Value

Last Sold April 29, 2019

Last sale price $123,100 $69 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $1,639/month

196 Days on Market

Highlights

  • Primary Bedroom Suite
  • 1 Fireplace
  • 2 Car Attached Garage
  • Ranch Style House
  • Covered Patio or Porch
  • Built-in Bookshelves

About This Home

As of April 2019

CLOSE TO MISSISSINEWA LAKE! THIS BRICK RANCH OFFERS 4 BEDROOM 2 BATHS, ATTACHED 2 CAR GARAGE AND DETACHED 2+ CAR POLE BARN, SETTING ON 2 ACRES. FRONT YARD OFFERS SEVERAL NICE TREES, WHERE THE BACK YARD HAS A LARGE DECK AND GAZEBO, AND AREA FOR A POOL.

Last Buyer's Agent

Andrea Kaiser

Kaiser's Sweet Home Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $679

Year Built

  • Built in 1977

Lot Details

  • 2 Acre Lot
  • Rural Setting
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,786 Sq Ft Home
  • Built-in Bookshelves
  • Ceiling Fan
  • 1 Fireplace
  • Fire and Smoke Detector

Kitchen

  • Electric Oven or Range
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub With Separate Shower Stall
  • Garden Bath

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Basement

  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Propane
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 52-12-16-100-006.000-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$679

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1977
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 003-11207-00 PT S 1/2 NE 1/2;16-26-05; 2.00; 05 112 00700 |
  • Parcel Number ID: 52-12-16-100-006.000-003
  • Platted: Yes
  • Amenities: Built-In Bookcase, Ceiling Fan(s), Detector-Smoke, Disposal, Dryer Hook Up Electric, Garage Door Opener, Jet/Garden Tub, Porch Covered, Range/Oven Hook Up Elec, Six Panel Doors, Stand Up Shower, Tub and Separate Shower, Main Level Bedroom Suite, Main Floor Laundry, Washer Hook-Up
  • Location: Rural
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1786
  • Total Finished Sq Ft: 1786
  • Above Grade Finished Sq Ft: 1786
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile, Ceramic Tile
  • Living Great Room: Dimensions: 20x15, On Level: Main
  • Kitchen: Dimensions: 10x12, On Level: Main
  • Dining Room: Dimensions: 11x12, On Level: Main
  • Family Room: Dimensions: 12x11, On Level: Main
  • Bedroom 1: Dimensions: 11x12, On Level: Main
  • Bedroom 2: Dimensions: 12x12, On Level: Main
  • Bedroom 3: Dimensions: 11x12, On Level: Main
  • Bedroom 4: Dimensions: 16x14, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Pole/Post Building, Dimensions: 30x23, 672
  • Outbuilding2: Outbuilding, Dimensions: 20x18, 360

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x20
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane, Forced Air, Propane Tank Rented
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: Peru Utilities
  • Laundry: Dimensions: Mainx7, On Level: 8
  • Well Type: Private

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 2 ACRES
  • Estimated Lot Sq Ft: 87120
  • Estimated Lot Size Acres: 2

Tax Info

  • Annual Taxes: 678.94
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2018
Closed on
Apr 29, 2019
Sold by
Bunch Nicklas A and Bunch Christina D
Bought by
Fewell David J and Fewell Dawn M
Buyer's Agent
Andrea Kaiser
Kaiser's Sweet Home Realty
List Price
$124,900
Sold Price
$123,100
Premium/Discount to List
-$1,800
-1.44%
Current Estimated Value
$294,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,877
Avg. Annual Appreciation
13.95%
Original Mortgage
$166,945
Outstanding Balance
$146,778
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$148,199

Purchase Details

Closed on
Mar 26, 2012
Sold by
Hall Barry E
Bought by
Bunch Nicklas A and Bunch Christina D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
3.9%
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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Purchase History

Date Buyer Sale Price Title Company
Fewell David J $123,100 Wabash Valley Abstract Co., In
Bunch Nicklas A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fewell David J $166,945
Previous Owner Bunch Nicklas A $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2019 05/01/19 For Sale $124,900 +1.5% $70 / Sq Ft
05/01/2019 05/01/19 Off Market $123,100 -- --
04/29/2019 04/29/19 Sold $123,100 -1.4% $69 / Sq Ft
12/13/2018 12/13/18 Price Changed $124,900 -9.4% $70 / Sq Ft
10/15/2018 10/15/18 For Sale $137,900 -- $77 / 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 $1,170 $182,100 $23,600 $158,500
2023 $1,170 $183,800 $23,600 $160,200
2022 $1,326 $188,700 $23,600 $165,100
2021 $828 $140,900 $23,600 $117,300
2020 $710 $141,200 $23,600 $117,600
2019 $761 $149,500 $23,600 $125,900
2018 $730 $149,600 $23,600 $126,000
2017 $679 $146,900 $18,400 $128,500
2016 $676 $147,100 $18,400 $128,700
2014 $591 $144,100 $18,400 $125,700
2013 -- $147,800 $18,400 $129,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201846694

Indiana Regional MLS

APN: 52-12-16-100-006.000-003