115 E 2nd St

$135,000
Price
6
Beds
2,768 Sq. Ft.
$49 / Sq. Ft.
2,768
Sq. Ft.
$49
per Sq. Ft.

Description

Four units under one roof! 2 units are 1 bedroom, 1 bathroom; 2 units are 2 bedrooms, 1 bathroom. 4 dedicated, off-street parking spaces. Separate access to each apartment, and ramp access for 1 unit. Most recent rents: 1 unit is $540/mo; 3 units are $700/mo. Cash buyers only. Property to be sold AS-IS.Four units under one roof! 2 units are 1 bedroom, 1 bathroom; 2 units are 2 bedrooms, 1 bathroom. 4 dedicated, off-street parking spaces. Separate access to each apartment, and ramp access for 1 unit. Most recent rents: 1 unit is $540/mo; 3 units are $700/mo. Cash buyers only. Property to be sold AS-IS.

Property Details for 115 East 2nd Street

Style
Two Story
Subdivision
Other
Waterfront
No
Pet Restrictions
No
LISTING UPDATED: 06/17/2025 05:46 PM

Property Details for 115 East 2nd Street

StatusActive
MLS #202516855
Days on Market225
Taxes$2,150 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Fourplex
Year Built1900
Lot Size0.20 AC / 8,712 SF
CountyMiami County

Location

Listing Courtesy of Miles Realty Group
Add your commute

Building Information for 115 East 2nd Street

Stories2Residences4Year Built1900Building Size-Lot Size0.20 AC / 8,712 SF

Payment Calculator

$846 per month

30 year fixed, 6.28% Interest

Principal and Interest

$667

Property Taxes

$179

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 115 East 2nd Street

Summary
Location and General Information
  • Area: Miami County
  • City: Peru
  • Zip + 4: 2330
  • Zip Code: 46970
  • State: IN
  • Township: Peru
  • Geo Latitude: 41
  • Geo Longitude: -86
  • Fips Code: 18103
  • Directions To Property: From Main & Broadway in Peru: south on Broadway, east on 2nd, house on south side of street.
Taxes and HOA
  • Assessed Value $: $107,500.00
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2025
  • Parcel Number Id: 52-08-27-401-132.000-016
School Information
  • School District: Peru Community Schools
  • Elementary: Elmwood/Blair Pointe
  • Middle School: Peru
  • High School: Peru
Parking
  • Number Of Parking Spaces: 4
  • Parking: Off Street
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Fourplex
  • Approx Lot Size Acres: 0.2
  • Lot Dimensions: 66X132
  • Lot Number: 77
  • Below Grade Unfin Sqft: 1144.0
  • Total Square Feet: 3912.0
  • Approx Lot Size Sqft: 8712.0
  • Above Grade Finished Sqft: 2768.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 1144.0
  • Total Finished Sqft: 2768.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Level
Property and Assessments
  • New Construction: No
  • Year Built: 1900
  • Age: 125
  • Planned Unit Development: No
Utilities
  • Electric Company: Peru Utilities
  • Gas Company: NIPSCO
  • Sewer: Public
  • Water Company: Peru Utilities
  • Water Utility: Public
Interior and Exterior Features
Exterior Features
  • Amenities: Basement, Off Street Parking, Balcony
  • Exterior: Vinyl
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
  • Roof Material: Asphalt
Interior Features
  • Number of Dishwashers: 0
  • Number of Disposals: 0
  • Number of Dryers: 0
  • Number of Microwaves: 0
  • Number of Ranges/Ovens: 2
  • Number of Refrigerators: 1
  • Number of W/D Hookups: 0
  • Number of Washers: 0
  • Basement: Yes
  • Basement/Foundation: Full Basement, Unfinished
  • Cooling: None
  • Flooring: Vinyl, Wood
  • Heating/Fuel: Hot Water
  • Stories: 2
  • Number of Above Grade Bedrooms: 6
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 6
  • Total Number of Full Baths: 4
  • Total Number of Half Baths: 0
  • Total Baths: 4
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 2
  • 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: 0
  • Number of Units: 4
Income & Expenses Information
  • Annual Electric Expense: $.00
  • Annual Fuel Expense: $.00
  • Annual Gross Rent $: $31,680
  • Annual Insurance Expense: $0
  • Annual Maint. Expense: $0
  • Annual Misc: $0
  • Annual Net Income: $29,530
  • Annual Property Tax: $2,150
  • Annual Trash Expense: $0
  • Annual Water/Sewer Exp: $0
  • Gross Monthly Income: $2,640
  • Gross Monthly Rent: $2,640
Rental
Rental Information
  • Lease Term: None
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance
  • Tenant Pays: Electric, Fuel, Heating, Sewer, Trash Collection, Water

Property History for 115 East 2nd Street

DateEvent & SourcePriceAppreciation
May 9, 2025

Price Change

Indiana Regional MLS #202516855

$140,000
May 9, 2025

Listed (Active)

Indiana Regional MLS #202516855

$135,000
Aug 24, 2024

Expired

MIBORMLS #21981916

Aug 9, 2024

Price Change

MIBORMLS #21981916

$199,000
May 29, 2024

Listed (Active)

MIBORMLS #21981916

$205,000
Aug 9, 2022

Sold

Indiana Regional MLS #202206476

$155,000
Jul 13, 2022

Sold (Public Record)

Public Record #1510528112

$155,000

-48.4% / yr

May 24, 2022

Pending

Indiana Regional MLS #202206476

Mar 1, 2022

Price Change

Indiana Regional MLS #202206476

$174,900
Mar 1, 2022

Listed (Active)

Indiana Regional MLS #202206476

$160,000
Apr 20, 2021

Sold (Public Record)

Public Record #1462482430

$350,000
Feb 25, 2021

Expired

MIBORMLS #21762650

Feb 25, 2021

Listed (Active)

MIBORMLS #21762650

$350,000
Feb 24, 2021

Expired

MIBORMLS #21762650

Feb 24, 2021

Listed (Active)

MIBORMLS #21762650

$350,000
Aug 30, 2017

Sold

Indiana Regional MLS #201729957

$25,150
Jul 28, 2017

Pending

Indiana Regional MLS #201729957

Jun 30, 2017

Listed (Active)

Indiana Regional MLS #201729957

$30,000
DateEvent & SourcePrice
05/09/2025

Price Change

Indiana Regional MLS #202516855

$140,000
05/09/2025

Listed (Active)

Indiana Regional MLS #202516855

$135,000
08/24/2024

Expired

MIBORMLS #21981916

08/09/2024

Price Change

MIBORMLS #21981916

$199,000
05/29/2024

Listed (Active)

MIBORMLS #21981916

$205,000
08/09/2022

Sold

Indiana Regional MLS #202206476

$155,000
07/13/2022

Sold (Public Record)

Public Record #1510528112

$155,000

-48.4% / yr

05/24/2022

Pending

Indiana Regional MLS #202206476

03/01/2022

Price Change

Indiana Regional MLS #202206476

$174,900
03/01/2022

Listed (Active)

Indiana Regional MLS #202206476

$160,000
04/20/2021

Sold (Public Record)

Public Record #1462482430

$350,000
02/25/2021

Expired

MIBORMLS #21762650

02/25/2021

Listed (Active)

MIBORMLS #21762650

$350,000
02/24/2021

Expired

MIBORMLS #21762650

02/24/2021

Listed (Active)

MIBORMLS #21762650

$350,000
08/30/2017

Sold

Indiana Regional MLS #201729957

$25,150
07/28/2017

Pending

Indiana Regional MLS #201729957

06/30/2017

Listed (Active)

Indiana Regional MLS #201729957

$30,000

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

Public Records for 115 East 2nd Street

Taxable ValueLand$8,600Additions$98,900Total$107,500
Tax Record2024$2,150 ($179 / month)
Home Facts
Baths4Total Finished SqFt2,768 SqFtAbove Grade Finished SqFt2,768 SqFtStories2Lot Size8,712 SqFtStyleMulti-Family Dwelling (2-4)Year Built1959CountyMIAMIAPN52-08-27-401-132.000-016

Schools near 115 East 2nd 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.

Similar Homes

Similar Sold Homes

115 East 2nd Street is a multi-family home for sale in Peru, IN 46970. This property was listed for sale on May 9, 2025 by Miles Realty Group, it's currently listed at $135,000. It has been on the market for a total of 225 days and was last sold on August 9, 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. 115 East 2nd Street is a 6-bed, 4-bath, 2,768 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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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 Miles Realty Group

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.