$185,000

553 & 555 May St Unit 2 Peru, IN 46970

Estimated payment $1,113/month

Total Views 795
4 Beds
2 Baths
1,680 Sq Ft
$110 Price per Sq Ft

Highlights

  • Laundry closet
  • Forced Air Heating and Cooling System
  • Level Lot
  • Elmwood Primary Learning Center Rated A-
  • Water Softener is Owned
  • Carpet

About This Home

Each unit has two bedrooms, living room, kitchen, laundry closet, GFA furnace and central air, tenant pays electric and gas. Water is on one meter, and paid by the owner.

Listing Agent

Tami Gallahan Tschiniak

Carriger Oldfather Realty, Inc Brokerage Phone: 765-469-1567 Listed on: 12/03/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,712

Year Built

  • Built in 1999

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 100x130
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Fire and Smoke Detector
  • Laundry closet

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Block Basement Construction
  • Crawl Space

Parking

  • 4 Parking Spaces
  • Driveway
  • Paved Parking
  • Off-Street Parking

Location

  • Suburban Location

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • Water Softener is Owned
  • Cable TV Available

Listing and Financial Details

  • The owner pays for building insurance, lawn maintenance, maintenance, sewer, trash collection, water
  • Assessor Parcel Number 52-08-22-401-475.000-016

Community Details

Overview

  • 2 Units

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $410
  • Maintenance Expense $1,000
  • Trash Expense $80
  • Water Sewer Expense $840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,712

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1999
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Oakdale Ad Lot 645 & 646 42 300 17200
  • Parcel Number ID: 52-08-22-401-475.000-016
  • Platted: Yes
  • Amenities: Off Street Parking, Cable Available, Deck Open, Detector-Smoke, Water Heater Electric, Water Softener-Owned
  • Location: City/Town/Suburb
  • Special Features: None

Interior Features

  • Total Sq Ft: 1680
  • Total Finished Sq Ft: 1680
  • Above Grade Finished Sq Ft: 1680
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Main Level Sq Ft: 1680
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 1

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 4
  • Parking: Off Street, Paved

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
  • Annual Insurance Expense: 410
  • Annual Maintenance Expense: 1000
  • Annual Trash Expense: 80
  • Annual Water Sewer Expense: 840
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Elmwood/Blair Pointe

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 100x130
  • Estimated Lot Sq Ft: 12981
  • Estimated Lot Size Acres: 0.298

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Sewer, Trash Collection, Water
  • Tenant Pays: Cable, Electric, Heating

Tax Info

  • Annual Property Tax: 1712

Multi Family

  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2

MLS Schools

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

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,798 $85,600 $6,100 $79,500
2023 $1,712 $86,600 $6,100 $80,500
2022 $1,463 $72,900 $6,100 $66,800
2021 $1,235 $61,500 $6,100 $55,400
2020 $1,235 $61,500 $6,100 $55,400
2019 $1,207 $60,100 $6,100 $54,000
2018 $1,115 $55,500 $6,100 $49,400
2017 $1,109 $55,200 $6,100 $49,100
2016 $1,121 $55,800 $6,100 $49,700
2014 $1,091 $54,300 $6,100 $48,200
2013 -- $100,000 $6,100 $93,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2025 12/03/25 For Sale $185,000 -- $110 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $40,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $57,039 Credit Line Revolving
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202547892

Indiana Regional MLS

APN: 52-08-22-401-475.000-016