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$115,000   Price Analysis
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208 W Main St
Peru, IN 46970
2 bed 2 bath 2,080 SqFt ($55/SqFt)
2,904SqFt lot. Built 1948
Listed 2024-06-10, Taxes $838
USDA Eligible
near Peru, IN
 Restrictions may apply
due to home size

DUPLEX-Great investment opportunity available!

2 story 2 unit duplex on W Main, one bedroom one bath per unit, each unit occupies a full floor. This property could be an investment or the new owner could live in one unit and rent out the other. Main floor unit features a large bedroom with vast walk-in closet, large living area and kitchen in the center of the unit.

The upstairs unit features one bedroom and one full bath, kitchen, living area and laundry area. Parkng space in the rear for each unit and an outdoor patio area per unit.


Presented by Jill Miles at
Miles Realty Group.
Listing Agent Photo

Property MLS #202421071 from IRMLS

Bedrooms: 2

Total Bathrooms: 2 / 0
Full Bathrooms: 2

Cooling Features: Window
Heating Features: Gas
Ceiling Fan

Furnished Description: Building
Flooring: Carpet, Mixed, Wood

Basement Description: Partial Basement

Lot Description: Level
Lot Size Acres: 0.0666667
Lot Size Dimensions: 22X132
Lot Size Square Feet: 2904

Garage Spaces: 2
Garage Description: Off Street, Street

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

Peru Junior High School is a public middle school located approximately 0.6 miles away.
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Peru High School is a public middle and high school located approximately 0.7 miles away.
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Blair Pointe Upper Elementary is a public elementary school located approximately 0.7 miles away.
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St. Charles Borromeo School is a private elementary school located approximately 0.2 miles away.
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Number of Units: 2
Number of 1 Bedroom Units: 2
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Unit-1 Square Feet: 1040
Unit-2 Square Feet: 1040
Unit 1 Total Actual Rent: 475
Unit 2 Total Actual Rent: 425

Income Includes: 10800
Lease Term: 1 Year
Tenant Pays: Cable, Electric, Heating, Sewer, Trash Collection, Water

Community Features: Basement, Ceiling Fan, Off Street Parking, Cable Available, Closet(s) Walk-in, Eat-In Kitchen, Water Heater Gas

Annual Tax Amount: 910
Source Listing Status: Active
County: Miami County
Directions: US 31 to Business 31 to Main St, 208 W Main St. north side of the road
Tax Year: 2024
Source Property Type: INVESTMENT
Insurance Expense: 1083
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 2
Number of Separate Water Meters: 2
Owner Pays: Building Insurance, Maintenance, Tax
Parcel Number: 52-08-28-419-137.001-016
Postal Code Plus 4: 2048
Property Location: City/Town/Suburb
Township: Peru
Lot Number: 75
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$39,200 + $2,700
$41,900
$838
2020$39,200 + $2,700
$41,900
$838
2018$32,900 + $2,700
$35,600
$712
2018$39,200 + $2,700
$41,900
$712
2017$32,400 + $2,700
$35,100
$702
2017$32,400 + $2,700
$35,100
$702
2016$31,700 + $2,700
$34,400
$702
2015$32,200 + $2,700
$34,900
$688
2013$31,800 + $2,700
$34,500
$1,526
2012$31,800 + $2,700
$34,500
$1,588
2011$41,100 + $2,600
$43,700
$620
2010$44,800 + $2,900
$47,700
$996
2008$52,000 + $2,900
$54,900
$1,929

Listed 2024-06-10
$115,000
IRMLS
Listed 2024-05-03
$115,000
IRMLS
Listing removed 2010-02-02
$39,900
centralindiana
Listed 2009-09-01
$39,900
centralindiana

Net Operating Income: 8807

Total Square Feet Living: 2080
Year Built: 1948
Above Grade Finished Area: 2080
Below Grade Unfinished Area: 880
Property Age: 76
Roof: Shingle
Levels or Stories: 2
Structure Type: Duplex
House Style: Two Story
Total Area Sqft: 2960
Total Below Grade Area: 880
Architectural Style: Square

Sewer: City
City
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.