NOT LISTED FOR SALE

5148 E 550 S Peru, IN 46970

Estimated Value: $296,000 - $484,000

3 Beds
2 Baths
2,728 Sq Ft
$136/Sq Ft Est. Value

Last Sold June 14, 2018

Last sale price $225,000 $82 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,086/month

41 Days on Market

Highlights

  • RV Parking in Community
  • Vaulted Ceiling
  • Wood Flooring
  • Primary Bedroom Suite
  • Ranch Style House
  • Covered Patio or Porch

About This Home

As of June 2018

Beautiful custom built brick ranch on 1.629 acres with 3 bedrooms, 2 full baths, and just over 2700 square feet with split bedroom living. The home offers an open floor plan with vaulted ceilings in the main living areas; the master bedroom ensuite offers double vanity, a separate water closet and a large walk in closet. Large finished bonus room over the 3 car attached garage would make a fantastic family room/game room or 4th bedroom. This beautiful home has been updated in the previous 4 years with a metal shake roof, new windows, new doors, new hardwood floors, irrigation system for your landscaping, and a new well pump. Don't forget the immaculate detached garage with furnace, central air, half bath and work shop, and just minutes away from fishing, boating, camping and more at beautiful Mississinewa Reservoir. You don't want to miss this one.

Last Buyer's Agent

Luke Austin

Austin Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $967

Year Built

  • Built in 1998

Lot Details

  • 1.63 Acre Lot
  • Rural Setting
  • Level Lot
  • Irrigation

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Shake Roof
  • Metal Roof

Interior Spaces

  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Workshop
  • Gas Oven or Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Basement

  • Sump Pump
  • Crawl Space

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Generator Hookup
  • Propane
  • Private Company Owned Well
  • Well
  • Septic System

Community Details

  • RV Parking in Community

Listing and Financial Details

  • Assessor Parcel Number 52-12-21-200-011.000-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$967

Year Built

Built in 1998

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1998
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 003-19208-02 Pt W1/2 Nw1/4; 21-26-5; 1.629 acres; 05 192 00802 |
  • Parcel Number ID: 52-12-21-200-011.000-003
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Ceilings-Vaulted, Closet(s) Walk-in, Dryer Hook Up Electric, Garage Door Opener, Generator Ready, Irrigation System, Patio Open, Porch Covered, Range/Oven Hook Up Gas, Split Br Floor Plan, RV Parking, Stand Up Shower, Tub/Shower Combination, Workshop, Main Level Bedroom Suite, Garage-Heated, Main Floor Laundry, Sump Pump, Washer Hook-Up
  • Location: Rural
  • Road Access: County
  • Road Surface: Asphalt
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2728
  • Total Finished Sq Ft: 2728
  • Above Grade Finished Sq Ft: 2728
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Gas Log
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Vinyl
  • Living Great Room: Dimensions: 20x16, On Level: Main
  • Kitchen: Dimensions: 14x14, On Level: Main
  • Dining Room: Dimensions: 14x11, On Level: Main
  • Family Room: Dimensions: 31x13, On Level: Upper
  • Bedroom 1: Dimensions: 14x13, On Level: Main
  • Bedroom 2: Dimensions: 12x11, On Level: Main
  • Bedroom 3: Dimensions: 12x11, On Level: Main
  • Main Level Sq Ft: 1912
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Brick
  • Roof Material: Metal, Shake
  • Outbuilding1: 2nd Detached Garage, Dimensions: 40x24

Garage/Parking

  • Driveway: Concrete, Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 34x24
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: Peru Utilities
  • Well Type: Private

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 1.629 acres
  • Estimated Lot Sq Ft: 70959
  • Estimated Lot Size Acres: 1.629

Tax Info

  • Annual Taxes: 966.9
  • Exemptions: Homestead, Supplemental

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2022
Sold by
Nicholas Norma and Nethercutt Jouett Kevin
Bought by
Nethercutt Jouett Kevin and Nethercutt Norma M
Current Estimated Value
$370,127

Purchase Details

Listed on
Mar 28, 2018
Closed on
Jun 14, 2018
Sold by
Masten Robert G and Masten Nancy R
Bought by
Nethercutt Jouett Kevin and Nethercutt Nicholas Norma
Buyer's Agent
Luke Austin
Austin Realty
List Price
$235,900
Sold Price
$225,000
Premium/Discount to List
-$10,900
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%
Original Mortgage
$212,310
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 20, 2017
Sold by
Masten Robert G and Masten Nancy R
Bought by
Masten Robert G and Masten Nancy R
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
Nethercutt Jouett Kevin -- None Listed On Document
Nethercutt Jouett Kevin -- None Available
Masten Robert G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nethercutt Jouett Kevin $212,310
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2018 06/14/18 Sold $225,000 -4.6% $82 / Sq Ft
05/08/2018 05/08/18 Pending -- -- --
03/28/2018 03/28/18 For Sale $235,900 -- $86 / 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 $1,756 $250,800 $22,500 $228,300
2023 $1,756 $256,200 $22,500 $233,700
2022 $1,611 $254,800 $22,500 $232,300
2021 $1,407 $210,100 $22,500 $187,600
2020 $1,201 $210,400 $22,500 $187,900
2019 $1,164 $210,800 $22,500 $188,300
2018 $1,128 $215,200 $22,500 $192,700
2017 $967 $191,800 $17,500 $174,300
2016 $815 $175,300 $17,500 $157,800
2014 $704 $176,400 $17,500 $158,900
2013 -- $187,300 $17,500 $169,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201811883

Indiana Regional MLS

APN: 52-12-21-200-011.000-003