NOT LISTED FOR SALE

8288 Logansport Rd Peru, IN 46970

Estimated Value: $178,000 - $289,971

3 Beds
2 Baths
-- Sq Ft
7.59 Acres

Last Sold December 07, 2018

Last sale price $24,800

Est. 866% increase in value since last sale

Current estimated payment $1,489/month

496 Days on Market

About This Home

As of December 2018

Lots of upside potential here! This fantastic 20 Pad Mobile Home lot has 3 mobile homes on it and is considered non-conforming or a "grandfathered use". Beautiful trees offering peace and quiet in the country. If a potential buyer were to put any more mobile homes on this lot it would be required to be approved as a Special Exception through the Cass County Board of Zoning Appeals. $150 per month per lot rent and owner is paying electric for the well pump.

Last Agent to Sell the Property

Charlene Gaard

No Limit Real Estate, LLC License #RB14033327 Listed on: 06/14/2017

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 7.59

Additional Features

  • 1-Story Property
  • 7.59 Acre Lot

Listing and Financial Details

  • Tenant pays for notapplic
  • Assessor Parcel Number 090829300048000015

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Other
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1967
  • Lot Size Acres: 7.588
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Lots of upside potential here! This fantastic 20 Pad Mobile Home lot has 3 mobile homes on it and is considered non-conforming or a "grandfathered use". Beautiful trees offering peace and quiet in the country. If a potential buyer were to put any more mobile homes on this lot it would be required to be approved as a Special Exception through the Cass County Board of Zoning Appeals. $150 per month per lot rent and owner is paying electric for the well pump.
  • Transaction Type: Sale
  • Unit Count: 1
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: One
  • Owner Pays: Other
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Other

Exterior Features

  • Construction Materials: Other
  • Disclosures: Not Applicable
  • List Price: 25000

Garage/Parking

  • Unit Parking: Other

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 090829300048000015
  • Acres: 5-10 Acres
  • Lot Information: Not Applicable
  • Lot Number: 015
  • Lot Size: 330,533

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: NotApplic

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1016
  • Semi Annual Property Tax Amt: 508
  • Tax Exemption: None

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2017
Closed on
Dec 7, 2018
Sold by
Pigg Steve A
Bought by
Smith Donald
Seller's Agent
Charlene Gaard
No Limit Real Estate, LLC
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$60,000
Sold Price
$24,800
Premium/Discount to List
-$35,200
-58.67%
Total Days on Market
496
Current Estimated Value
$239,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,857
Avg. Annual Appreciation
41.69%
Original Mortgage
$16,120
Interest Rate
4.9%
Mortgage Type
New Conventional
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
Smith Donald $20,150 Meridian Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Donald $25,000
Closed Smith Donald $16,120
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2018 12/07/18 Sold $24,800 -0.8% --
10/24/2018 10/24/18 Pending -- -- --
09/16/2018 09/16/18 Price Changed $25,000 -16.7% --
04/28/2018 04/28/18 Price Changed $30,000 -50.0% --
01/14/2018 01/14/18 For Sale $60,000 +141.9% --
12/14/2017 12/14/17 Off Market $24,800 -- --
06/14/2017 06/14/17 For Sale $60,000 -- --
Source: MIBOR Broker Listing Cooperative®

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 $1,787 $207,400 $43,400 $164,000
2023 $1,787 $187,700 $42,400 $145,300
2022 $1,905 $176,300 $41,400 $134,900
2021 $1,803 $165,000 $40,800 $124,200
2020 $1,383 $147,400 $36,200 $111,200
2019 $406 $19,600 $19,500 $100
2018 $978 $53,100 $47,100 $6,000
2017 $1,015 $53,000 $47,100 $5,900
2016 $874 $51,400 $45,500 $5,900
2014 $903 $51,000 $45,500 $5,500
2013 $903 $67,300 $45,500 $21,800
Source: Public Records

Agents Affiliated with this Home

  • Charlene Gaard

    Seller's Agent in 2018

    Charlene Gaard

    No Limit Real Estate, LLC

    (317) 440-2149

    296 Total Sales

    Charlene Gaard
    Section Image

  • N

    Buyer's Agent in 2018

    Non-BLC Member

    MIBOR REALTOR® Association

    (317) 956-1912

    Non-BLC Member
    Section Image

  • I

    Buyer's Agent in 2018

    IUO Non-BLC Member

    Non-BLC Office

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21490904

MIBOR Broker Listing Cooperative®

APN: 09-08-29-300-048.000-015

Indiana Cass County Peru 46970

8288 Logansport Rd, Peru, IN

This home is located at 8288 Logansport Rd, Peru, IN 46970 since 14 June 2017 and is currently estimated at $239,657. This property was built in 1967. 8288 Logansport Rd is a home located in Cass County with nearby schools including Lewis Cass Elementary School, Galveston Elementary School, and Lewis Cass Junior/Senior High School.

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.

MIBOR Broker Listing Cooperative® 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.

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