218 East 5th Street

Peru, IN 46970

$185,900
Price
4
Beds
2
Baths
2,721 Sq. Ft.
$68 / Sq. Ft.
2,721
Sq. Ft.
$68
per Sq. Ft.

Description

Fantastic Investment Opportunity! Duplex with city approval for a 3rd unit to be added above the garage. First floor unit consists of 2 bedrooms, 1 bath, foyer entry, sunroom, living room, dining room and kitchen, 2nd floor unit has 2 bedrooms, 1 bath, living room, dining room and kitchen. Both units have washer/dryer hookups. Possibility of off street parking behind the house. Garage has new windows, siding, lights, water/sewer hookups and 200 amp breaker service.Fantastic Investment Opportunity! Duplex with city approval for a 3rd unit to be added above the garage. First floor unit consists of 2 bedrooms, 1 bath, foyer entry, sunroom, living room, dining room and kitchen, 2nd floor unit has 2 bedrooms, 1 bath, living room, dining room and kitchen. Both units have washer/dryer hookups. Possibility of off street parking behind the house. Garage has new windows, siding, lights, water/sewer hookups and 200 amp breaker service.
  1. Listed by Stacia Bonifant • Creative Realty - Peru

Property Details for 218 East 5th Street

Style
Two Story
Architectural Style
Traditional
Subdivision
None
Waterfront
No
Pet Restrictions
No
LISTING UPDATED: 10/31/2024 04:03 PM

Property Details for 218 East 5th Street

StatusActive
MLS #202431732
Days on Market78
Taxes$1,888 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Duplex
Year Built1900
Lot Size0.13 AC / 5,663 SF
CountyMiami County

Building Information for 218 East 5th Street

Stories2Residences2Year Built1900Building Size-Lot Size0.13 AC / 5,663 SF

Property Information for 218 East 5th Street

Summary
Location and General Information
  • Area: Miami County
  • City: Peru
  • Zip Code: 46970
  • City Zoning: R3
  • State: IN
  • Township: Peru
  • Geo Latitude: 41
  • Geo Longitude: -86
  • Road Access: City
  • Fips Code: 18103
  • Directions To Property: North Broadway to 5th Street, east on 5th to property on north side of street
  • Location: City/Town/Suburb
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2024
  • Parcel Number Id: 52-08-27-113-006.000-016
School Information
  • School District: Peru Community Schools
  • Elementary: Elmwood/Blair Pointe
  • Middle School: Peru
  • High School: Peru High School
Parking
  • Number Of Parking Spaces: 0
  • Parking: Street
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Duplex
  • Approx Lot Size Acres: 0.13
  • Lot Dimensions: 44 x 132
  • Below Grade Unfin Sqft: 870.0
  • Total Square Feet: 3591.0
  • Upper Level Sqft: 1258.0
  • Approx Lot Size Sqft: 5663.0
  • Above Grade Finished Sqft: 2721.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 870.0
  • Total Finished Sqft: 2721.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Level
  • Main Level Sqft: 1463.0
  • Outbuilding Length: 30.0
  • Outbuilding Sqft: 600
  • Outbuilding Width: 20.0
Property and Assessments
  • New Construction: No
  • Year Built: 1900
  • Age: 124
  • Documents Available: LBP Form, Sellers Disclosure
  • Planned Unit Development: No
Green Features
  • Exemptions: No Exemptions
Utilities
  • Cable Company: Comcast
  • Electric Company: Peru Utilities
  • Gas Company: NIPSCO
  • Sewer: City
  • Water Company: Peru Utilities
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Attic-Walk-up, Cable Ready, Detector-Smoke, Porch Covered, Water Heater Gas, Washer Hook-Up
  • Common Amenities: Sidewalks
  • Driveway: Gravel
  • Exterior: Metal, Vinyl
  • Fence: None
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
  • Road Surface: Asphalt
  • Roof Material: Asphalt
Interior Features
  • Number of Electric Meters: 2
  • Number of Gas Meters: 2
  • Number of Dishwashers: 0
  • Number of Disposals: 0
  • Number of Dryers: 0
  • Number of Microwaves: 0
  • Number of Ranges/Ovens: 2
  • Number of Refrigerators: 2
  • Number of W/D Hookups: 2
  • Number of Washers: 0
  • Number Water Meters: 1
  • Basement Material: Block, Stone
  • Basement: Yes
  • Basement/Foundation: Partial Basement, Unfinished
  • Cooling: None
  • Flooring: Carpet, Laminate, Wood
  • Heating/Fuel: Gas, Forced Air
  • Stories: 2
  • Number of Above Grade Bedrooms: 4
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 4
  • Total Number of Full Baths: 2
  • Total Number of Half Baths: 0
  • Total Baths: 2
  • Number Total Rooms Below Grade: 2
  • Num Of 1 Bedrooms: 0
  • Num Of 2 Bedrooms: 2
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 0
  • Num of Units Rented: 2
  • Number of Buildings: 2
  • Number of Units: 2
Income & Expenses Information
  • Annual Electric Expense: $.00
  • Annual Fuel Expense: $.00
  • Annual Gross Rent $: $17,940
  • Annual Insurance Expense: $1,322
  • Annual Maint. Expense: $0
  • Annual Misc: $0
  • Annual Net Income: $13,470
  • Annual Property Tax: $1,888
  • Annual Trash Expense: $0
  • Annual Water/Sewer Exp: $1,260
  • Gross Monthly Income: $1,495
  • Gross Monthly Rent: $1,495
Unit Information
Unit 1
  • Unit 1 SqFt: 1463
  • Unit 1-Num of Bathrooms: 1
  • Unit 1-Num of Bedrooms: 2
  • Unit 1-Num of Rooms: 6
  • Unit 1-Basement: Yes
  • Unit 1-Currently Rented: Yes
  • Unit 1-Electric: Tenant
  • Unit 1-Garage: No
  • Unit 1-Gas: Tenant
  • Unit 1-Laundry Room: Other
  • Unit 1-Level: Main
  • Unit 1-Rent Frequency: Monthly
  • Unit 1-Unit Number: A
  • Unit 1-Unit Rent $: $745
Unit 2
  • Unit 2 SqFt: 1258
  • Unit 2-Num of Bathrooms: 1
  • Unit 2-Num of Bedrooms: 2
  • Unit 2-Num of Rooms: 5
  • Unit 2-Basement: No
  • Unit 2-Currently Rented: Yes
  • Unit 2-Electric: Tenant
  • Unit 2-Garage: No
  • Unit 2-Gas: Tenant
  • Unit 2-Laundry Room: Bathroom
  • Unit 2-Level: Upper
  • Unit 2-Rent Frequency: Monthly
  • Unit 2-Unit Number: B
  • Unit 2-Unit Rent $: $750
Rental
Rental Information
  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Sewer, Water
  • Tenant Pays: Electric, Fuel, Heating, Trash Collection

Property History for 218 East 5th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 218 East 5th Street

Taxable ValueLand$3,600Additions$90,800Total$94,400
Tax Record2023$1,935 ($161 / month)
Home Facts
Baths2Total Finished SqFt2,721 SqFtAbove Grade Finished SqFt2,721 SqFtStories2Lot Size5,808 SqFtStyleDuplexYear Built1938CountyMIAMIAPN52-08-27-113-006.000-016

Schools near 218 East 5th Street

This home is within Peru Community Schools.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 6
Public - 7 to 12
Public - 7 to 8
Rating
School
Distance
Elmwood Primary Learning Center
PublicPK to 2

Blair Pointe Upper Elementary
Public3 to 6

Peru High School
Public7 to 12

Peru Junior High School
Public7 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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218 East 5th Street is a multi-family home for sale in Peru, IN 46970. This property was listed for sale on August 19, 2024 by Creative Realty - Peru, it's currently listed at $185,900. It has been on the market for a total of 78 days and was last sold on March 7, 2022. This listing's school district is Peru Community Schools. Nearby schools include Elmwood Primary Learning Center, Blair Pointe Upper Elementary and Peru High School. 218 East 5th Street is a 4-bed, 2-bath, 2,721 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Creative Realty - Peru

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.