NOT LISTED FOR SALE

553 & 555 May St Unit 2 Peru, IN 46970

Peru Area

Estimated Value: $134,000 - $168,000

4 Beds
2 Baths
1,680 Sq Ft
$91/Sq Ft Est. Value

Sale Details

Date Sold: February 20, 2026

Last sale price $145,000 $86 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $981 / mo

71 Days on Market

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

As of February 2026

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.

Last Agent to Sell the Property

Tami Gallahan Tschiniak

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

Last Buyer's Agent

Donald Owens

Carriger Oldfather Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,712

Year Built

  • Built in 1999

Lot Details

  • 12,981 Sq Ft 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

  • Tenant pays for cable, electric, heating
  • 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

0.3 Acres

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

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/20/2026 02/20/26 Sold $145,000 -21.6% $86 / Sq Ft
12/03/2025 12/03/25 For Sale $185,000 -- $110 / Sq Ft
Source: Indiana Regional MLS

Agents Affiliated with this Home

  • Tami Gallahan Tschiniak

    Seller's Agent in 2026

    Tami Gallahan Tschiniak

    Carriger Oldfather Realty, Inc

    (765) 469-1567

    54 Total Sales

    Tami Gallahan Tschiniak
    Section Image

  • D

    Buyer's Agent in 2026

    Donald Owens

    Carriger Oldfather Realty, Inc

    (765) 469-1013

    93 Total Sales

    Donald Owens
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202547892

Indiana Regional MLS

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

Indiana Miami County Peru 46970

553 & 555 May St Unit 2, Peru, IN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Based on information submitted to the MLS GRID

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