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Sold on 03/07/2022

51 E Spring St, Peru, IN 46970

  • $94,000

    Last sold 03/07/2022 for $87K

  • 3

    bed

  • 1

    bath

  • 1,388

    Sqft

Multi-family not for sale
Movoto is helping 7 homebuyers near you

About 51 E Spring St

Property type Multi-family
Neighborhood
Year built 1890
HOA fee $0/month
Lot size 6,970 Sqft
Movoto estimate
Parking 2 garage spaces
Property description
Welcome to this stately property! Great investment property that is mostly rented. Total rents collected are $2605 for a 13.89% cap rate. This property features 2 large covered porches and all entry points are covered, which tenants will enjoy and plenty of parking.
Listed by
Listing Agent - Jim Gilday
Listing Office - Keller Williams Indy Metro North
Source: IRMLS mls logo
MLS#202145638 • last updated 4 years ago
Movoto checked IRMLS for data 1 minute ago
Overview
Cooling/AC None
Heating Gas, Forced Air
Levels/Style 1.5, One And Half Story
Status Sold
MLS # 202145638
Virtual Tour N/A
Type INVESTMENT
SubType Fiveplex
SqFt (Total) 1388
SqFt (Finished) 1388
Lot Size (SqFt) 6970
L:ot Size (Acres) 0.16
Foreclosure (Y/N) No
Year Built 1890
Short Sale (Y/N) No
HOA Fees $ Not Applicable
Number of Units 1
Interior
Total # Bathrooms 1
# Full Baths 1
Total # Bedrooms 3
Flooring Finished
Exterior
Exterior Aluminum
Basement/ Foundation Crawl, Partial Basement
Lot Dimensions 59X119
Other Structure(s) None
Lot Desc Level
Amenities / Utilities
Sewer City
Water City
Amenities Basement
Location
Area Miami County
Subdivision None
High School Peru High School
Middle School Peru
Elementary School Elmwood/Blair Pointe
School District Peru Community Schools
APN 52-08-34-104-029.000-023
Waterfront Y/N No
Directions From US 31 N Onto 123 W/S Wallack Rd Then Left Onto Riverside Dr Left Onto Strawtown Pike
Multifamily Details
Owner Pays Building Insurance, Maintenance
Tenant Pays Cooling, Electric, Heating
$94K
Range: $81.7K-$106K
Last 30 days 
  • Mar 2022
    mls logo MLS # 202145638
  • Mar 7, 2022 Sold
    $87,000 (+24.3%)
  • Dec 23, 2021 Pending
    —
  • Oct 29, 2021 Listed
    $75,000
  • Mar 2022
    mls logo MLS # 21816199
  • Mar 1, 2022 Sold
    $70,000 (+7.7%)
  • Jan 4, 2022 Pending
    —
  • Nov 17, 2021 Price Change
    $65,000 (-7.1%)
  • Oct 29, 2021 Price Change
    $70,000 (-6.7%)
  • Oct 5, 2021 Listed
    $75,000 (-78.6%)
  • Feb 2021
    mls logo MLS # 21762754
  • Feb 26, 2021 Pending
    —
  • Feb 25, 2021 Listed
    $350,000 (+1291.7%)
  • Aug 2017
    mls logo MLS # 201723073
  • Aug 30, 2017 Sold
    $25,150 (+39.7%)
  • Jul 28, 2017 Pending
    —
  • May 24, 2017 Listed
    $18,000
  • 51 E Spring St
    $87K
  • Miami County
    —
  • 46970
    $155K -8% y/y
  • Peru
    $155K -8% y/y
No chart available
Statistics calculated by Movoto

Thinking of selling? Get a Cash Offer.

  • A smooth, fast sale
  • Skip staging and repairs
  • No strings attached
N/A
Elmwood Primary Learning Center
public Grades PK, K-2
Peru Community Schools
6/10
Blair Pointe Upper Elementary
public Grades 3-6
Peru Community Schools
4/10
Peru High School
public Grades 7-12
Peru Community Schools
Source: GreatSchools.org © 2026. All rights reserved.

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