$143,000
SOLD SEP 5, 2025

492 Madison Ave Peru, IN 46970

3 Beds
2 Baths
1,140 Sq Ft
6,500 Sq Ft Lot

Recently Sold

$125 Per Sq Ft

28 Days on Market

Highlights

  • RV Parking in Community
  • Ranch Style House
  • Covered Patio or Porch
  • Elmwood Primary Learning Center Rated A-
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of September 2025

Adorable ranch. Immaculate!! 3 bedroom, 2 full bath ranch with large attached garage. Seller has maintained the property so very well. Fresh paint - added a front porch and all new steps and walk. Updated baths, refinished floors, updated kitchen. Windows have been replaced. Roof is 12 years old. Lovely home. Move in ready.

Last Agent to Sell the Property

Tamara House

RE/MAX At The Crossing Brokerage Phone: 765-491-3278 Listed on: 08/08/2025

RE/MAX At The Crossing

Last Buyer's Agent

Tamara House

RE/MAX At The Crossing Brokerage Phone: 765-491-3278 Listed on: 08/08/2025

RE/MAX At The Crossing

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $760

Year Built

  • Built in 1950

Lot Details

  • 6,500 Sq Ft Lot
  • Lot Dimensions are 50x130
  • Landscaped
  • Level Lot

Parking

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

Home Design

  • Ranch Style House
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,140 Sq Ft Home
  • Wood Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Washer Hookup

Basement

  • Block Basement Construction
  • Crawl Space

Schools

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

Utilities

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

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Community Details

  • RV Parking in Community

Listing and Financial Details

  • Assessor Parcel Number 52-08-22-401-616.000-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$760

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1950
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 021-65024-50 OAKDALE AD LOT 843 42 300 24500
  • Parcel Number ID: 52-08-22-401-616.000-016
  • Platted: Yes
  • Amenities: Attic Pull Down Stairs, Countertops-Laminate, Eat-In Kitchen, Garage Door Opener, Landscaped, Porch Covered, RV Parking, Tub/Shower Combination, Main Floor Laundry, Washer Hook-Up
  • Location: City/Town/Suburb
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1140
  • Total Finished Sq Ft: 1140
  • Above Grade Finished Sq Ft: 1140
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Flooring: Hardwood Floors
  • Living Great Room: Dimensions: 16x11, On Level: Main
  • Kitchen: Dimensions: 12x8, On Level: Main
  • Dining Room: Dimensions: 10x8, On Level: Main
  • Bedroom 1: Dimensions: 12x10, On Level: Main
  • Bedroom 2: Dimensions: 12x12, On Level: Main
  • Bedroom 3: Dimensions: 8x8, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 30x20
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Mainx5, On Level: 8

Schools

  • Elementary School: Elmwood/Blair Pointe

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 50X130
  • Estimated Lot Sq Ft: 6500
  • Estimated Lot Size Acres: 0.149
  • Lot Number: 843

Tax Info

  • Annual Taxes: 760
  • Exemptions: Homestead

MLS Schools

  • High School: Peru
  • Middle School: Peru
  • School District: Peru Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2025
Closed on
Sep 5, 2025
Sold by
Johnson Janet E
Bought by
True Thaddeus A
Seller's Agent
Tamara House
RE/MAX At The Crossing
Buyer's Agent
Tamara House
RE/MAX At The Crossing
List Price
$143,000
Sold Price
$143,000
Views
9
Current Estimated Value
$142,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$99
Avg. Annual Appreciation
-0.28%
Original Mortgage
$7,150
Outstanding Balance
$7,144
Interest Rate
6.74%
Estimated Equity
$135,757

Purchase Details

Listed on
Jun 10, 2019
Closed on
Jul 17, 2019
Sold by
Scott Carl L
Bought by
Johnson Janet E
Seller's Agent
Donald Owens
Carriger Oldfather Realty, Inc
Buyer's Agent
Don Kunkle
Allen Realty Group
List Price
$69,900
Sold Price
$69,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.36%
Original Mortgage
$55,920
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 7, 2017
Closed on
Aug 31, 2017
Sold by
Rasor Michael J and Rasor Catherine J
Bought by
Scott Cari L
List Price
$45,900
Sold Price
$42,000
Premium/Discount to List
-$3,900
-8.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.12%
Original Mortgage
$33,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2013
Sold by
Rasor Michael J and Rasor Catherine J
Bought by
Rasor Michael J and Rasor Catherine J
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 Type Sale Price Title Company
Warranty Deed -- Columbia Title
Warranty Deed -- None Available
Warranty Deed $42,000 Wabash Valley Abstract Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $7,150 No Value Available
Open $138,710 New Conventional
Previous Owner $55,920 New Conventional
Previous Owner $33,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/05/2025 09/05/25 Sold $143,000 0.0% $125 / Sq Ft
08/08/2025 08/08/25 For Sale $143,000 +104.6% $125 / Sq Ft
07/17/2019 07/17/19 Sold $69,900 0.0% $61 / Sq Ft View Prior Sale
06/17/2019 06/17/19 Pending -- -- --
06/10/2019 06/10/19 For Sale $69,900 +66.4% $61 / Sq Ft
08/31/2017 08/31/17 Sold $42,000 -8.5% $37 / Sq Ft View Prior Sale
08/09/2017 08/09/17 Pending -- -- --
08/07/2017 08/07/17 For Sale $45,900 -- $40 / 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 $760 $76,000 $4,100 $71,900
2023 $760 $76,800 $4,100 $72,700
2022 $619 $78,900 $4,100 $74,800
2021 $436 $60,900 $4,100 $56,800
2020 $405 $60,900 $4,100 $56,800
2019 $332 $49,800 $4,100 $45,700
2018 $260 $44,900 $4,100 $40,800
2017 $152 $32,400 $4,100 $28,300
2016 $596 $32,400 $4,100 $28,300
2014 $618 $31,900 $4,100 $27,800
2013 -- $31,500 $4,100 $27,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202531429

Indiana Regional MLS

APN: 52-08-22-401-616.000-016