$110,000
SOLD SEP 3, 2025

8550 E Cole Ln Peru, IN 46970

2 Beds
1 Bath
1,480 Sq Ft
0.97 Acres

Recently Sold

$74 Per Sq Ft

19 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Eat-In Kitchen
  • Solid Surface Countertops
  • Cul-De-Sac
  • Bathtub with Shower

About This Home

As of September 2025

Peaceful country setting with potential. This 2 bedroom 1 bath ranch home sits at the end of a quiet cul-de-sac, offering privacy and a country neighborhood feel. Featuring a walk-out basement and surrounded by nature, this home is ready for your personal touch and updates. With some TLC, this could the perfect home you have been looking for. Remodeled kitchen in 2020, Septic was worked on in 2023 with leach bed and fingers put in. Roof was replaced 6 years ago and have 1 layer only.

Last Agent to Sell the Property

Toni Gebhardt

Envision Real Estate Team - Rochester Brokerage Phone: 574-702-2321 Listed on: 07/18/2025

Last Buyer's Agent

Jason Carter

MPR Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • 0.97 Acre Lot
  • Cul-De-Sac
  • Rural Setting

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Washer and Gas Dryer Hookup

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Schools

  • Lewis Cass Elementary And Middle School
  • Lewis Cass High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 09-08-32-204-017.000-015

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1964
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Pt E 1/2 Frl E Of O P Lewisburg Lot 12 32 27 3e .965a
  • Parcel Number ID: 09-08-32-204-017.000-015
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Countertops-Solid Surf, Deck Open, Dryer Hook Up Gas/Elec, Eat-In Kitchen, Tub/Shower Combination, Main Floor Laundry, Washer Hook-Up
  • Location: Rural Subdivision
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2096
  • Total Finished Sq Ft: 1480
  • Above Grade Finished Sq Ft: 1176
  • Below Grade Finished Sq Ft: 304
  • Below Grade Sq Ft: 616
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement
  • Basement Material: Block
  • Living Great Room: Dimensions: 16x15, On Level: Main
  • Kitchen: Dimensions: 19x11, On Level: Main
  • Den: Dimensions: 13x13, On Level: Lower
  • Recreation Room: Dimensions: 18x15, On Level: Lower
  • Bedroom 1: Dimensions: 11x15, On Level: Main
  • Bedroom 2: Dimensions: 15x13, On Level: Main
  • Main Level Sq Ft: 1176
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 920

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x18
  • Garage: Yes

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx5, On Level: 8
  • Well Type: Private

Schools

  • Elementary School: Lewis Cass

Lot Info

  • Lot Description: Cul-De-Sac
  • Lot Dimensions: .97
  • Estimated Lot Sq Ft: 42253
  • Estimated Lot Size Acres: 0.97

Tax Info

  • Annual Taxes: 2795.4

MLS Schools

  • High School: Lewis Cass
  • Middle School: Lewis Cass
  • School District: Lewis Cass Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2025
Closed on
Sep 3, 2025
Sold by
Sexton Michael L
Bought by
Reeves Suzanne
Seller's Agent
Toni Gebhardt
Envision Real Estate Team - Rochester
Buyer's Agent
Jason Carter
MPR Realty, LLC
List Price
$110,000
Sold Price
$110,000
Views
651
Current Estimated Value
$147,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,805
Avg. Annual Appreciation
176.95%
Original Mortgage
$87,050
Outstanding Balance
$87,050
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$60,755
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
Executors Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $87,050 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2025 09/03/25 Sold $110,000 0.0% $74 / Sq Ft
08/06/2025 08/06/25 Pending -- -- --
07/18/2025 07/18/25 For Sale $110,000 -- $74 / 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 $4,548 $151,900 $23,300 $128,600
2022 $2,486 $124,300 $23,300 $101,000
2021 $1,044 $115,500 $23,300 $92,200
2020 $728 $100,900 $20,300 $80,600
2019 $690 $100,900 $20,300 $80,600
2018 $571 $97,300 $20,300 $77,000
2017 $447 $85,500 $20,300 $65,200
2016 $364 $82,500 $19,800 $62,700
2014 $428 $86,800 $19,800 $67,000
2013 $428 $83,300 $19,800 $63,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202528163

Indiana Regional MLS

APN: 09-08-32-204-017.000-015