NOT LISTED FOR SALE

61 E 6th St Peru, IN 46970

Estimated Value: $106,000 - $155,000

3 Beds
2 Baths
2,340 Sq Ft
$60/Sq Ft Est. Value

Last Sold February 14, 2024

Last sale price $22,500 $10 Per Sq Ft

Est. 523% increase in value since last sale

Current estimated payment $930/month

3 Days on Market

Highlights

  • Wood Flooring
  • Enclosed Patio or Porch
  • Wood Siding
  • Elmwood Primary Learning Center Rated A-
  • Level Lot

About This Home

As of February 2024

Welcome to this charming fixer-upper opportunity! This versatile 3-bedroom, 2-bathroom home has incredible potential, offering the flexibility to be transformed into either a single-family haven or a multi-family gem. With a spacious living room on both the main and upper floors, each featuring a cozy fireplace, this home invites you to create warm and inviting spaces for relaxation and entertainment. The generously sized kitchen provides a blank canvas for your culinary dreams, while the spacious bathrooms offer the perfect opportunity for modern upgrades and luxurious touches. Hardwood floors throughout the home add a touch of timeless elegance. French doors grace both the main and upper floors connecting the living and dining rooms. A unique feature of this property is its two gas and two electric meters, allowing for the potential to divide the home into separate units or maintain it as a single-family residence with the convenience of dual utilities. Please see attached documents for a list of repairs required by the city of Peru, this must be agreeable by buyer.

Last Agent to Sell the Property

Robert Lundquist

Lundquist Appraisals & Real Estate Brokerage Email: bob@lundquistrealestate.com Listed on: 01/30/2024

Co-Listed By

John Lundquist

Lundquist Appraisals & Real Estate Brokerage Email: bob@lundquistrealestate.com

Last Buyer's Agent

Andy Zoda

Coldwell Banker Real Estate Gr

Coldwell Banker Real Estate Gr

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,272

Year Built

  • Built in 1915

Lot Details

  • 4,182 Sq Ft Lot
  • Lot Dimensions are 32x132
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,340 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Partially Finished Basement
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway
  • Off-Street Parking

Schools

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

Additional Features

  • Enclosed Patio or Porch
  • Suburban Location
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 52-08-27-302-387.000-016

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,272

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1915
  • Age: 109
  • Style: Two Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 021-04040-00 ORIGINAL PLAT LOCATED: 61 E 6TH; 31.5' E SD LOT 236 41 040 40000
  • Parcel Number ID: 52-08-27-302-387.000-016
  • Platted: Yes
  • Amenities: Fireplace, Off Street Parking, Porch Enclosed
  • Location: City/Town/Suburb
  • Sp Lp Percent: 90
  • Year Taxes Payable: 2023
  • Special Features: 1028

Interior Features

  • Total Sq Ft: 2340
  • Total Finished Sq Ft: 2340
  • Above Grade Finished Sq Ft: 2340
  • Price Per Sq Ft: 9.62
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Flooring: Wood

Exterior Features

  • Exterior: Brick, Wood
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

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

Utilities

  • Heating Fuel: Gas
  • Sewer: Public
  • Water Utilities: Public
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 1

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: 32X132
  • Estimated Lot Sq Ft: 4182
  • Estimated Lot Size Acres: 0.096

Multi Family

  • Number Of Units: 2

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
Jan 30, 2024
Closed on
Feb 13, 2024
Sold by
First Merchants Bank
Bought by
Laycock James Allen and Laycock Cynthia A
Seller's Agent
Robert Lundquist
Lundquist Appraisals & Real Estate
Buyer's Agent
Andy Zoda
Coldwell Banker Real Estate Gr
List Price
$25,000
Sold Price
$22,500
Premium/Discount to List
-$2,500
-10%
Views
48
Current Estimated Value
$140,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,772
Avg. Annual Appreciation
203.17%
Original Mortgage
$100,000
Interest Rate
6.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2023
Sold by
Hunter Timothy
Bought by
First Merchants Bank and Mcclish

Purchase Details

Closed on
Sep 8, 2009
Sold by
First Merchants Bank
Bought by
Mcclish Robert H and Mcclish Christina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,538
Interest Rate
5.32%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 12, 2009
Sold by
Mars Properties Inc
Bought by
Federal Savings Bkank

Purchase Details

Closed on
Jul 6, 2007
Sold by
First Merchants Bank Na
Bought by
Mcclish Robert H and Mcclish Christina M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Laycock James Allen $22,500 None Listed On Document
First Merchants Bank $24,398 None Listed On Document
Mcclish Robert H -- None Available
Federal Savings Bkank -- None Available
Mcclish Robert H $37,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Laycock James Allen $132,000
Closed Laycock James Allen $100,000
Previous Owner Mcclish Robert H $28,944
Previous Owner Mcclish Robert H $34,538
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2024 02/14/24 Sold $22,500 -10.0% $10 / Sq Ft
02/02/2024 02/02/24 Pending -- -- --
01/30/2024 01/30/24 For Sale $25,000 -- $11 / 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 $2,272 $113,600 $3,900 $109,700
2023 $2,272 $77,600 $3,900 $73,700
2022 $391 $57,200 $3,900 $53,300
2021 $368 $52,800 $3,900 $48,900
2020 $343 $52,800 $3,900 $48,900
2019 $315 $47,400 $3,900 $43,500
2018 $246 $40,500 $3,900 $36,600
2017 $213 $40,100 $3,900 $36,200
2016 $211 $40,100 $3,900 $36,200
2014 $149 $38,300 $3,900 $34,400
2013 -- $38,000 $3,900 $34,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202402906

Indiana Regional MLS

APN: 52-08-27-302-387.000-016