4175 S Us 31 Peru, IN ^$ 459,000

4175 S Us 31

^$ 459,000

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Recently Listed

4175 S Us 31

Peru, IN, 46970

^$ 459,000

Bedrooms2 Baths1.0 Sq 840

Monthly Estimate*

^$ 2,826

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Multi-Family Home for sale in Peru, IN

for $459,000 with 2 bedrooms and 1 full bath. This 840 square foot home was built in 1960.

Mobile Home Park on US 31, with 12 Hook-up sites with each site having their own electric meters. 1 mobile home included, and 2 bedroom home on this property also. Morton pole building 40' x 60' with cement floor and electric included. 10 acres of tillable farm ground. The property has 12.15 total acres. The property is serviced by 1 well and 1 septic system. This property includes US 31 frontage. This property is listed as Commercial Listing also with list # 202609210

Multi-Family Active

Price

^$ 459,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 3,061

Style

Eightplex

Year Built

1960

Town/City

Peru

County/Region

Miami

MLS | Web ID

202614100

Features

General

Heating Electricity Gas Forced Air

Cooling None

Sewer Septic

Status Active Active

Full Baths 1

Half Baths 0

Bathrooms 1

Year Built 1960

Parking Private

New Construction No

Tenant Pays Electric Heating

Subdivision None

Style Other

Stories Count 1

Township Pipe Creek

Class INVESTMENT

Type Eightplex

Age 66

Net Income 51039

Rent Income 60000

Features Off Street Parking

REO No

Status Detail 0

Area Miami County

High School Maconaquah

City Peru

School District Maconaquah School Corp.

Total Sq Ft 840

Elementary School Pipe Creek/Maconaquah

Middle School Maconaquah

Legal Description PT NW1/4 NW1/4 18-26-4 12.15 Acres.

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202614100

Agent First Name Chuck

Agent Last Name Oldfather

DOM 7

Tax Year 2025

Exterior

Road Access State

Exterior Metal

Driveway Aggregated

Pool No

Number of Parking Spaces 12

Lot Size Area 529254

Lot Dimensions 12.15 Acres

Lot Description Irregular Level

Outbuilding Pole/Post Building

Waterfront Y/N No

Interior

Basement Slab

Flooring Other

Beds 2

Total Number of Units 12

Microwaves 0

Refrigerators 0

Washers 0

Dryer(s) 0

Dishwasher(s) 0

Disposal(s) 0

Above Grade Bedrooms 2

Below Grade Baths 0

Below Grade Bedrooms 0

Total Rooms Below Grade 0

Ranges/Ovens 0

W/D Hookups 0

* Excluded Features

List By

Chuck Oldfather

Listing Agent

Carriger Oldfather Realty, Inc

Broker

coldfather@oldfatherrealty.com

Affordability Calculator

$3,081

Per Month

Monthly Principal & Interest: $2,826
Monthly Property Taxes: $255
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Peru, IN

Average List Price ^$332,975

Percent of Sale Price 27%

About Peru, IN

11,400 Population

-13% Since 2002

^$35,155 Median Income

39.67 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1237352 Elementary School

1236767 Middle School

Maconaquah High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/21/2026	$459,000		Listed Price

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4175 S Us 31, Peru, IN, 46970 is a Multi-Family Home for sale at $459,000 with 840 sqft. 4175 S Us 31 has 2 bedrooms, 1.0 baths, and was built in 1960. The property's zip code is 46970 which is in Peru, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Multiple Listing Service of the Indiana Regional Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Indiana Regional Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/29/2026.

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4175 S Us 31

Multi-Family Home for sale in Peru, IN

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