$163,000
SOLD MAY 30, 2025

568 Madison Ave Peru, IN 46970

2 Beds
1.5 Baths
1,510 Sq Ft
0.3 Acres

Recently Sold

$108 Per Sq Ft

2% Above List Price

22 Days on Market

Highlights

  • 0.3 Acre Lot
  • Covered Patio or Porch
  • Eat-In Kitchen
  • Elmwood Primary Learning Center Rated A-
  • 1 Car Attached Garage
  • Covered Deck

About This Home

As of May 2025

This charming 2-bedroom, 1.5-bath property offers 1,510 square feet of beautifully updated living space. Each bedroom has direct access to a bathroom, providing both comfort and convenience. The fully applianced kitchen features modern updates, including brand-new appliances, new cabinetry and countertops, while fresh flooring flows seamlessly throughout the home. Additional recent upgrades include a new roof and a new water heater, giving peace of mind to the next lucky owner. Enjoy relaxing mornings on the covered front porch or host gatherings on the covered back deck overlooking the spacious .3-acre city lot. Storage and parking are no issue with both an attached one-car garage and a detached garage offering extra space. This move-in ready home combines modern updates with classic charm!

Last Agent to Sell the Property

Alyssa Richey

Miles Realty Group Brokerage Phone: 765-327-2478 Listed on: 04/29/2025

Last Buyer's Agent

Alyssa Richey

Miles Realty Group Brokerage Phone: 765-327-2478 Listed on: 04/29/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $824

Year Built

  • Built in 1930

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 100x130
  • Partially Fenced Property
  • Privacy Fence
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Slab Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,510 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Free Standing Fireplace
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Covered Deck
  • Covered Patio or Porch

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

Community Details

  • Oak Dale / Oakdale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 52-08-23-301-310.000-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$824

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1930
  • Style: One Story
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: 021-31186-10 OAKDALE ADD LOTS 860 & 861 42 31 1 08610
  • Parcel Number ID: 52-08-23-301-310.000-016
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Ceiling Fan(s), Countertops-Laminate, Deck Covered, Detector-Smoke, Dryer Hook Up Electric, Dryer Hook Up Gas, Eat-In Kitchen, Garage Door Opener, Porch Covered, Tub/Shower Combination, Main Floor Laundry, Washer Hook-Up
  • Location: City/Town/Suburb
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1510
  • Total Finished Sq Ft: 1510
  • Above Grade Finished Sq Ft: 1510
  • Basement Foundation: Crawl, Slab
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Gas Log, Free Standing
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Vinyl
  • Living Great Room: Dimensions: 16x12, On Level: Main
  • Kitchen: Dimensions: 14x9, On Level: Main
  • Bedroom 1: Dimensions: 15x10, On Level: Main
  • Bedroom 2: Dimensions: 11x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Aluminum, Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: 2nd Detached Garage, Dimensions: 24x16, 384
  • Fence: Partial, Privacy

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 22x16
  • Garage: Yes

Utilities

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

Schools

  • Elementary School: Elmwood/Blair Pointe

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 100X130
  • Estimated Lot Sq Ft: 13000
  • Estimated Lot Size Acres: 0.3

Tax Info

  • Annual Taxes: 824
  • Exemptions: Homestead

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2025
Closed on
May 30, 2025
Sold by
Vuangtuchung Zahu Lian
Bought by
Shank Kara
Seller's Agent
Alyssa Richey
Miles Realty Group
Buyer's Agent
Alyssa Richey
Miles Realty Group
List Price
$159,900
Sold Price
$163,000
Premium/Discount to List
$3,100
1.94%
Views
45
Current Estimated Value
$178,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,501
Avg. Annual Appreciation
19.09%
Original Mortgage
$154,850
Outstanding Balance
$154,454
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$24,047

Purchase Details

Closed on
Mar 10, 2025
Sold by
Hunter Timothy
Bought by
Vuangtuchung Zahu Lian

Purchase Details

Listed on
Nov 13, 2017
Closed on
Mar 3, 2018
Sold by
Kanippe Mary Evelyn
Bought by
Riggle Jeremy R
List Price
$69,900
Sold Price
$71,900
Premium/Discount to List
$2,000
2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.43%
Original Mortgage
$72,626
Interest Rate
4.15%
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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Sheriffs Deed $58,300 None Listed On Document
Warranty Deed -- Old Republic National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $154,850 New Conventional
Previous Owner $72,626 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/30/2025 05/30/25 Sold $163,000 +1.9% $108 / Sq Ft
04/29/2025 04/29/25 For Sale $159,900 +122.4% $106 / Sq Ft
03/05/2018 03/05/18 Sold $71,900 +2.9% $52 / Sq Ft View Prior Sale
02/23/2018 02/23/18 Pending -- -- --
11/13/2017 11/13/17 For Sale $69,900 -- $51 / 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 $845 $82,400 $6,100 $76,300
2023 $824 $83,900 $6,100 $77,800
2022 $907 $83,900 $6,100 $77,800
2021 $694 $70,700 $6,100 $64,600
2020 $662 $70,700 $6,100 $64,600
2019 $728 $75,600 $6,100 $69,500
2018 $273 $43,900 $6,100 $37,800
2017 $0 $43,500 $6,100 $37,400
2016 -- $43,500 $6,100 $37,400
2014 $5 $43,500 $6,100 $37,400
2013 $5 $43,300 $6,100 $37,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202515132

Indiana Regional MLS

APN: 52-08-23-301-310.000-016