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304 West 3rd Street

304 West 3rd Street, Peru, IN 46970
Property in Peru
Sold Jan 14, 2019
$61,000
$57,950 by Leader One Financial Corp
Mortgage Due Feb 01, 2049
Sold May 26, 2010
$76,000
$60,800 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2040
Local assessors in Peru, IN have categorized 304 West 3rd Street as a residential type of property. The home was built in 1920 and is 104 years old. It was most recently renovated and altered in 1940. The property's lot size has been calculated to be 5,092 square feet. The linear feet between the front and back of the lot was measured at 1,340 ft and the front of the lot was measured at 380 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 304 West 3rd Street has a total of 2,208 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 1,092 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 192 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 304 West 3rd Street was last sold in Jan 10, 2019 for $61,000. According to our calculations, that's $27.63 per sqft. Prior to that sales transaction, the property was sold for $76,000 in May 21, 2010. Current property owners are expected to pay $1,069 in taxes per year. The property on 304 West 3rd Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $106,900. To break that down further, the land itself was valued at $5,000. While improvements to the property were assessed at a total of $101,900. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1940
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 1,092
  • Garage Type: Detached
  • Garage Square Area: 192
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,092
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 380
  • Total Building Area: 2,208
  • Building Area: 2,208
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,208
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CORWIN ROSS AND FENIMORES SUBDIVISION
  • Land Acres: 0.117
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 021-27624-00 CORWIN ROSS & FENIMORE ADD W PT LOT 28&27 41 276 24000

Ownership

  • Current Owner : RAY DERECK W
  • Previous Owner : SHANABARGER MICHELLE
  • Owner Before Previous Owner: COX QUINN A
  • Owner Before Previous Owner 2: HOULIHAN EUNICE V
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Peru Community Schools
  • Census Tract: 952300

Geography

  • Assessors Map Reference: 08-33-016-061
  • Account Number: 021-27624-00
  • District: 0010
  • Parcel: 52-08-33-104-006.000-016
  • Lot: 28,27
  • Municipality: PERU TOWNSHIP
  • Latitude: 40.749
  • Longitude: -86.0777

    Address

  • Full Address: 304 W 3rd St
  • Address - House Number: 304
  • Street Direction: W
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: IN
  • City Name: Peru
  • Carrier Code: C002
  • 4-Digit Zip Code: 1958
  • Zip Code: 46970

Valuation

    Tax

  • Total Area: 3,300
  • Tax Year: 2023
  • Tax Amount: $1,069
  • Tax Rate Code Area: 16:PERU CI

    Appraisal Valuation

  • Standard Deviation: 0.4382
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 12
  • Final Value: 77,652
  • High Value: 111,684
  • Low Value: 43,619

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $57,950
  • First Open Lien Mortgage Lender: LEADER ONE FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Jan 14, 2019
  • First Open Lien Mortgage Loan Amount: $57,950
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2049

    Market Valuation

  • Market Total Value: $106,900
  • Market Land Value: $5,000
  • Market Improvement Value: $101,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $106,900
  • Assessed Land Value: $5,000
  • Assessed Improvements Value: $101,900

    Sales

  • Current Sale Contract Date: Jan 10, 2019
  • Current Sale Recording Date: Jan 14, 2019
  • Current Sale Transaction ID: 11565764689
  • Current Sale Price: $61,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20190520236
  • Previous Sale Recording Date: May 26, 2010
  • Previous Sale Contract Date: May 21, 2010
  • Previous Sale Amount: $76,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LEADER ONE FINANCIAL CORP
  • First Mortgage Transaction Date: Jan 14, 2019
  • First Mortgage Loan Amount: $57,950
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: May 26, 2010
  • Previous Mortgage Loan Amount: $60,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2040

About Peru



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Frequently Asked Questions

What neighborhood is 304 West 3rd Street located in?
The 304 West 3rd Street is a located in the neighborhood of Peru in Peru, Peru.
What is the average sales price for listings in 304 West 3rd Street?
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