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405 East Main Street

405 East Main Street, Peru, IN 46970
Property in Peru
Sold Nov 03, 2021
$166,300
$133,000 by Ruoff Mortgage Company Inc
Mortgage Due Nov 01, 2051
Sold Sep 01, 2017
$96,000
$141,800 by Logansport Savings Bank
Mortgage Due Sep 01, 2018
Local assessors in Peru, IN have categorized 405 East Main 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 1952. The property's lot size has been calculated to be 5,016 square feet. The linear feet between the front and back of the lot was measured at 1,320 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 are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 405 East Main Street has a total of 1,448 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 676 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 576 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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. The property was last sold in Oct 27, 2021 for $166,300. That's $114.85 per sqft. Prior to that sales transaction, the property was also sold in Aug 24, 2017 for $96,000. 405 East Main Street was last assessed in 2023. The total value of the property was assessed at $107,200. Specifically, the land the property is located on was valued at $4,200. While improvements on the property were assessed at a total of $103,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,072. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. 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: 1952
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 676
  • Garage Type: Detached
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,016
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 380
  • Total Building Area: 1,448
  • Building Area: 1,448
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,448
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SMITHS 3RD ADD
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 021-80806-00 SMITH 3RD AD LOT 10 & 5' VAC ALLEY 43 108 00600

Ownership

  • Current Owner : SAMONS CRUZ D
  • Current Owner 2: SAMONS BRITTNEE A
  • Previous Owner : COOPER JAMES A
  • Previous Owner 2: LARSON KIMBERLY R
  • Owner Before Previous Owner: KHATIBI MASOUD
  • Owner Before Previous Owner 2: KHATIBI CATHY J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Peru Community Schools
  • Census Tract: 952400

Geography

  • Assessors Map Reference: 08-27-126-287
  • Account Number: 021-80806-00
  • District: 0010
  • Parcel: 52-08-27-102-016.000-016
  • Lot: 10
  • Municipality: PERU TOWNSHIP
  • Latitude: 40.759
  • Longitude: -86.0567

    Address

  • Full Address: 405 E Main St
  • Address - House Number: 405
  • Street Direction: E
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: IN
  • City Name: Peru
  • Carrier Code: C006
  • 4-Digit Zip Code: 2522
  • Zip Code: 46970

Valuation

    Tax

  • Total Area: 2,800
  • Tax Year: 2023
  • Tax Amount: $1,072
  • Tax Rate Code Area: 16:PERU CI

    Appraisal Valuation

  • Standard Deviation: 0.2387
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 52
  • Final Value: 85,061
  • High Value: 105,367
  • Low Value: 64,754

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $133,000
  • First Open Lien Mortgage Lender: RUOFF MORTGAGE COMPANY INC
  • First Open Lien Mortgage Recording Date: Nov 03, 2021
  • First Open Lien Mortgage Loan Amount: $133,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $107,200
  • Market Land Value: $4,200
  • Market Improvement Value: $103,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $107,200
  • Assessed Land Value: $4,200
  • Assessed Improvements Value: $103,000

    Sales

  • Current Sale Contract Date: Oct 27, 2021
  • Current Sale Recording Date: Nov 03, 2021
  • Current Sale Transaction ID: 11872383808
  • Current Sale Price: $166,300
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210525404
  • Previous Sale Recording Date: Sep 01, 2017
  • Previous Sale Contract Date: Aug 24, 2017
  • Previous Sale Amount: $96,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RUOFF MORTGAGE COMPANY INC
  • First Mortgage Transaction Date: Nov 03, 2021
  • First Mortgage Loan Amount: $133,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: LOGANSPORT SAVINGS BANK
  • Previous Mortgage Transaction Date: Sep 01, 2017
  • Previous Mortgage Loan Amount: $141,800
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2018

About Peru



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Frequently Asked Questions

What neighborhood is 405 East Main Street located in?
The 405 East Main Street is a located in the neighborhood of Peru in Peru, Peru.
What is the average sales price for listings in 405 East Main Street?
The average sales price for units in 405 East Main Street is $0 currently.

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