501 East 2nd Street

501 East 2nd Street in Peru, IN was first built in 1990 and is 34 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 501 East 2nd Street has 1,588 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 440 ft and the linear feet between the front and back of the lot is 1,320. In total, the area measurement of the land is 5,808 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a detached garage. The garage is 375 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D+. The condition of the building has been evaluated as good. As for heating, the home is utilizing a central heating system and 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, 501 East 2nd Street was last sold in May 22, 2020 for $87,500. According to our calculations, that's $55.10 per sqft. Prior to that sales transaction, the property was sold for $22,000 in Mar 6, 2020. Current property owners are expected to pay $1,509 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 501 East 2nd Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $74,800. To break that down further, the land itself was valued at $4,800. While improvements to the property were assessed at a total of $70,000. 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.