NOT LISTED FOR SALE

501 W 7th St Peru, IN 46970

Estimated Value: $103,000 - $144,000

3 Beds
2 Baths
1,344 Sq Ft
$97/Sq Ft Est. Value

Last Sold May 24, 2017

Last sale price $48,000 $36 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $764/month

8 Days on Market

Highlights

  • 1 Car Detached Garage
  • Enclosed Patio or Porch
  • Forced Air Heating and Cooling System
  • Elmwood Primary Learning Center Rated A-
  • 1-Story Property
  • Level Lot

About This Home

As of May 2017

Home has a nearly-new water heater, nearly all vinyl replacement widows, maintenance-free exterior with vinyl siding on the house. Home has been well maintained. Nothing to do but move right in and enjoy. Schedule your showing today.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $738

Year Built

  • Built in 1942

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50 x 132
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Slab Foundation
  • Asphalt Roof
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Partially Finished Basement
  • Crawl Space
  • Washer and Electric Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Enclosed Patio or Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 52-08-28-307-039.000-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$738

Year Built

Built in 1942

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1942
  • Age: 75
  • Style: One Story
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 021-19280-00 BROWNELLS ADD; LOT 25; 41192 80000
  • Parcel Number ID: 52-08-28-307-039.000-016
  • Platted: Yes
  • Amenities: Dryer Hook Up Electric, Porch Enclosed, Washer Hook-Up
  • Sp Lp Percent: 100
  • Special Features: None

Interior Features

  • Total Sq Ft: 1776
  • Total Finished Sq Ft: 1344
  • Above Grade Finished Sq Ft: 1344
  • Below Grade Sq Ft: 432
  • Basement: Yes
  • Basement Foundation: Crawl, Slab, Partial Basement
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 11x20, On Level: Main
  • Kitchen: Dimensions: 11x12, On Level: Main
  • Bedroom 1: Dimensions: 12x15, On Level: Main
  • Bedroom 2: Dimensions: 10x12, On Level: Main
  • Bedroom 3: Dimensions: 16x22, On Level: Main
  • Other Room1: ENCLOSED PORCH, Dimensions: 8x20, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 432

Exterior Features

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

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 14x20
  • Garage Sq Ft: 280

Utilities

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

Condo/Co-op/Association

  • Common Amenities: Sidewalks

Schools

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

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 50 X 132
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Tax Info

  • Annual Taxes: 738

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2017
Closed on
May 24, 2017
Sold by
White Timothy L and White Nina F
Bought by
Berry Axl J
List Price
$48,000
Sold Price
$48,000
Current Estimated Value
$130,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,019
Avg. Annual Appreciation
12.56%
Original Mortgage
$45,600
Outstanding Balance
$37,901
Interest Rate
4.08%
Mortgage Type
Commercial
Estimated Equity
$92,118

Purchase Details

Closed on
Jun 12, 2015
Sold by
White Timothy L and White Nina F
Bought by
Hughes Trevor S and Hughes Annie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
3.65%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
May 30, 2013
Closed on
Jun 14, 2013
Sold by
Clay Karon
Bought by
White Timothy L and White Nina F
List Price
$15,000
Sold Price
$11,500
Premium/Discount to List
-$3,500
-23.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.70%

Purchase Details

Closed on
Apr 18, 2005
Sold by
Centex Home Equity Co Llc
Bought by
Clay Karon

Purchase Details

Closed on
Dec 7, 2004
Sold by
Berends Kelley and Berends Kelly
Bought by
Centex Home Equity Co Llc
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
Berry Axl J $48,000 Wabash Valley Abstract Co., In
Hughes Trevor S -- None Available
White Timothy L -- None Available
Clay Karon -- None Available
Centex Home Equity Co Llc $60,613 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berry Axl J $45,600
Previous Owner Hughes Trevor S $435,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/24/2017 05/24/17 Sold $48,000 0.0% $36 / Sq Ft
04/26/2017 04/26/17 Pending -- -- --
04/18/2017 04/18/17 For Sale $48,000 +317.4% $36 / Sq Ft
06/20/2013 06/20/13 Sold $11,500 -23.3% $9 / Sq Ft View Prior Sale
05/30/2013 05/30/13 For Sale $15,000 -- $11 / Sq Ft
05/07/2013 05/07/13 Pending -- -- --
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 $909 $90,900 $6,600 $84,300
2023 $909 $80,500 $6,600 $73,900
2022 $418 $61,000 $6,600 $54,400
2021 $352 $51,400 $6,600 $44,800
2020 $352 $54,400 $6,600 $47,800
2019 $350 $51,900 $6,600 $45,300
2018 $292 $48,900 $6,600 $42,300
2017 $185 $36,900 $6,600 $30,300
2016 $738 $36,900 $6,600 $30,300
2014 $930 $46,500 $6,600 $39,900
2013 -- $48,800 $6,600 $42,200
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201716150

Indiana Regional MLS

APN: 52-08-28-307-039.000-016