NOT LISTED FOR SALE

551 E 5th St Peru, IN 46970

Estimated Value: $106,000 - $137,000

3 Beds
1.5 Baths
1,582 Sq Ft
$78/Sq Ft Est. Value

Last Sold June 22, 2021

Last sale price $80,000 $51 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $714/month

10 Days on Market

Highlights

  • Corner Lot
  • Formal Dining Room
  • Walk-In Closet
  • Elmwood Primary Learning Center Rated A-
  • Enclosed Patio or Porch
  • Bathtub with Shower

About This Home

As of June 2021

Fabulous Two Story home with three large bedrooms, 1.5 bathrooms, large living room with newer windows that allow lots of light, large dining room off of kitchen which is a great entertaining space, family room, kitchen comes fully applianced with a gas stove, dishwasher, and refrigerator, laundry room is on the main floor and the washer/dryer is included, nice size yard with shed and plenty of room for a garage, enclosed front porch which is nice for rainy days or just relaxing.

Last Agent to Sell the Property

Suzy McKinley

McKinley Real Estate Listed on: 04/02/2021

Last Buyer's Agent

Melinda Willis

Spear Real Estate, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $340

Year Built

  • Built in 1910

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 33x132
  • Corner Lot
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Formal Dining Room
  • Fire and Smoke Detector
  • Disposal
  • Laundry on main level

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathtub with Shower

Partially Finished 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
  • Cable TV Available

Additional Features

  • Enclosed Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 52-08-26-201-040.000-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$340

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1910
  • Style: Two Story
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: 021-35817-00 E KENWOOD ADD; 00-00-00; .00 LOT 40; 42 008 17000
  • Parcel Number ID: 52-08-26-201-040.000-016
  • Platted: Yes
  • Amenities: Cable Available, Ceiling Fan(s), Closet(s) Walk-in, Deck Open, Detector-Smoke, Disposal, Porch Enclosed, Tub/Shower Combination, Formal Dining Room, Main Floor Laundry
  • Location: City/Town/Suburb
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 1582
  • Total Finished Sq Ft: 1582
  • Above Grade Finished Sq Ft: 1582
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Laminate
  • Living Great Room: Dimensions: 10x12, On Level: Main
  • Kitchen: Dimensions: 12x7, On Level: Main
  • Dining Room: Dimensions: 12x12, On Level: Main
  • Family Room: Dimensions: 10x11, On Level: Main
  • Bedroom 1: Dimensions: 12x13, On Level: Upper
  • Bedroom 2: Dimensions: 12x12, On Level: Upper
  • Bedroom 3: Dimensions: 10x10, On Level: Upper
  • Main Level Sq Ft: 960
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Shed, Dimensions: 9x10

Garage/Parking

  • Off Street Parking: Yes

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
  • Cable Company: Comcast
  • Laundry: Dimensions: Mainx8, On Level: 7

Schools

  • Elementary School: Elmwood/Blair Pointe

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 33x132
  • Estimated Lot Sq Ft: 4356
  • Estimated Lot Size Acres: 0.1
  • Lot Number: 40

Tax Info

  • Annual Taxes: 340
  • Exemptions: Homestead, Mortgage, Supplemental

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
Apr 2, 2021
Closed on
Jun 22, 2021
Sold by
Richard Sherry and Estate Of George Dingman
Bought by
Lutz Darin
Seller's Agent
Suzy McKinley
McKinley Real Estate
Buyer's Agent
Melinda Willis
Spear Real Estate, Inc
List Price
$89,900
Sold Price
$80,000
Premium/Discount to List
-$9,900
-11.01%
Current Estimated Value
$122,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,851
Avg. Annual Appreciation
9.93%
Original Mortgage
$78,551
Outstanding Balance
$71,118
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$51,733

Purchase Details

Closed on
Aug 22, 2008
Sold by
Adair Sherry and Dingman Roberta A
Bought by
Dingman George E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
6.54%
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
Lutz Darin -- None Available
Dingman George E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lutz Darin $78,551
Previous Owner Dingman George E $42,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2021 06/22/21 Sold $80,000 -11.0% $51 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
04/07/2021 04/07/21 Price Changed $89,900 -1.1% $57 / Sq Ft
04/02/2021 04/02/21 Price Changed $90,900 +1.1% $57 / Sq Ft
04/02/2021 04/02/21 For Sale $89,900 -- $57 / 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 $865 $86,500 $3,600 $82,900
2023 $865 $67,300 $3,600 $63,700
2022 $481 $67,300 $3,600 $63,700
2021 $474 $64,500 $3,600 $60,900
2020 $444 $64,600 $3,600 $61,000
2019 $469 $64,600 $3,600 $61,000
2018 $340 $54,000 $3,600 $50,400
2017 $316 $53,700 $3,700 $50,000
2016 $315 $53,700 $3,700 $50,000
2014 $241 $53,100 $3,700 $49,400
2013 -- $53,300 $3,700 $49,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202110340

Indiana Regional MLS

APN: 52-08-26-201-040.000-016