NOT LISTED FOR SALE

59 W Riverside Lower Unit Dr Peru, IN 46970

Estimated Value: $58,000 - $129,000

2 Beds
1 Bath
1,344 Sq Ft
$77/Sq Ft Est. Value

Highlights

  • Waterfront
  • Traditional Architecture
  • Bathtub with Shower
  • Elmwood Primary Learning Center Rated A-
  • Covered Patio or Porch
  • Forced Air Heating System

About This Home

As of December 2023

The two bedroom one bath rental just newly rotavated. Has new flooring, freshly painted, new interior doors plus has washer and dryer hookups. Comes with stove and refrigerator. You have off street parking with gravel drive right out your side door.

Last Agent to Rent the Property

Dee Dee Davis-Richards

D.R. Indiana Realty LLC Brokerage Phone: 317-459-0945 Listed on: 08/26/2023

Last Renter's Agent

Dee Dee Davis-Richards

D.R. Indiana Realty LLC Brokerage Phone: 317-459-0945 Listed on: 08/26/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,504

Year Built

  • Built in 1880

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50x160
  • Waterfront
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Laminate Countertops
  • Electric Dryer Hookup

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • Gravel Driveway
  • Off-Street Parking

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • The river is a source of water for the property
  • Gas Water Heater

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Community Details

  • Pet Restriction

Listing and Financial Details

  • Tenant pays for electric, heating, trash collection
  • The owner pays for sewer, tax, water
  • $25 Application Fee
  • Assessor Parcel Number 52-08-34-302-007.000-023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,504

Year Built

Built in 1880

Lot Details

0

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Sewer, Tax, Water
  • Tenant Pays: Electric, Heating, Trash Collection
  • Application Fee: 25
  • Credit Fee: 25

Listing Details

  • Class: RESIDENTIAL FOR LEASE
  • Property Sub Type: Duplex
  • Waterfront: Yes
  • Year Built: 1880
  • Age: 143
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 6
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Armstrongs Add Lot 6
  • Parcel Number ID: 52-08-34-302-007.000-023
  • Amenities: Countertops-Laminate, Dryer Hook Up Electric, Porch Covered, Water Heater Gas, Tub/Shower Combination
  • Location: City/Town/Suburb
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2688
  • Total Finished Sq Ft: 1344
  • Above Grade Finished Sq Ft: 1344
  • Below Grade Sq Ft: 1344
  • Price Per Sq Ft: 0.56
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Laminate
  • Living Great Room: Dimensions: 10x12, On Level: Main
  • Kitchen: Dimensions: 12x12
  • Dining Room: Dimensions: 10x12, On Level: Main
  • Bedroom 1: Dimensions: 10x9, On Level: Main
  • Bedroom 2: Dimensions: 10x10, On Level: Main
  • Main Level Sq Ft: 1344
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1344

Exterior Features

  • Roof Material: Asphalt
  • Outbuilding1: None
  • Outbuilding2: None
  • Water Name: Wabash River

Garage/Parking

  • Driveway: Gravel
  • Off Street Parking: Yes

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Peru Utilities
  • Gas Company: NIPSCO
  • Water Company: Peru Utilities
  • Laundry: Dimensions: Mainx7, On Level: 6
  • Water Type: River

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Peru Community Schools
  • Elementary School: Elmwood/Blair Pointe
  • Middle School: Peru
  • High School: Peru High School
  • Elementary School: Elmwood/Blair Pointe

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 50x160
  • Estimated Lot Sq Ft: 7841
  • Estimated Lot Size Acres: 0.18

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

Closed on
Aug 7, 2020
Sold by
Mjm & Sons Llc
Bought by
Yamanaka Robert
Current Estimated Value
$103,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Outstanding Balance
$68,955
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$43,787

Purchase Details

Closed on
Aug 28, 2019
Sold by
Meives Austin David
Bought by
Mjm & Sons Llc

Purchase Details

Closed on
Sep 6, 2016
Sold by
Meives Gertrude R
Bought by
Meives Austin David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,200
Interest Rate
3.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 2015
Sold by
Meives Gertrude R and Meives Eamest L
Bought by
Meives Austin David
Source: Public Records

Range of Values:

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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
Yamanaka Robert $38,000 Wabash Valley Abstract Company
Mjm & Sons Llc $16,000 Wabash Valley Abstract Co., In
Meives Austin David -- None Available
Meives Austin David $22,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yamanaka Robert $93,750
Previous Owner Meives Austin David $15,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2023 12/01/23 Rented $750 0.0% --
11/21/2023 11/21/23 Under Contract -- -- --
11/01/2023 11/01/23 Price Changed $750 -3.2% $1 / Sq Ft
10/06/2023 10/06/23 Price Changed $775 -3.1% $1 / Sq Ft
09/23/2023 09/23/23 Price Changed $800 -5.9% $1 / Sq Ft
08/26/2023 08/26/23 For Rent $850 -- --
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 $2,504 $80,500 $7,800 $72,700
2023 $2,504 $81,300 $7,800 $73,500
2022 $1,446 $72,300 $7,800 $64,500
2021 $1,332 $66,600 $7,800 $58,800
2020 $668 $33,400 $7,800 $25,600
2019 $557 $38,900 $7,800 $31,100
2018 $539 $38,800 $7,800 $31,000
2017 $524 $33,000 $7,800 $25,200
2016 $167 $33,000 $7,800 $25,200
2014 $277 $32,900 $7,800 $25,100
2013 -- $32,700 $7,800 $24,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202330913

Indiana Regional MLS

APN: 52-08-34-302-007.000-023