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  • Price cut: $10K (8/24)
    $474,900

    1948 S 300 E, Peru, IN 46970

    4beds
    2,370sqft
    : 
    $3,008/mo
    Get pre-qualified
    Single Family Residence
    Built in 1974
    9.48 Acres Lot
    $463,000 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Detached two-car garageTwo on-demand water heatersNew plumbingNew insulation
    A Hunter's & Fisherman's Paradise on the Mississinewa River! Tucked into nearly 10 wooded acres along the banks of the Mississinewa River, this Rustic Retreat is a True Outdoor Lover's Dream! With 4 Bedrooms—including a Lofted Bedroom and 25-Foot Vaulted Ceilings—this Home Beautifully Blends Rugged Charm with Thoughtful, Modern Updates. A Brand-New Addition offers Two Spacious 15x14 bedrooms, Plus a Large Bathroom Featuring a Double Vanity. A cozy Nook adds a Flexible Bonus Space—perfect for a Reading Corner, Home office, or Extra Storage. The Open-Concept Kitchen and Living Area Showcase Beautiful Western Red Cedar Walls throughout, and the Wraparound Porch invites you to Soak in the Sounds of the River and Surrounding Woods from every Angle. Outdoor Enthusiasts will love the Detached Two-Car Garage Complete with a Dedicated Fish and Game-Cleaning Station Above—Perfect for Turning the Day's Catch into Dinner! Watch Deer and wildlife move through the Trees, or Wade out to the Small Island in the River, when Water Levels Run Low. THe Additional Acre of River Frontage across the street—Complete with its Own Island—Is a Very Unique Characteristic of this Property! This property has been well updated within the Last Four to Six years. Two on-Demand Water Heaters, New Plumbing, New Insulation, and a Crawl Space Vapor Barrier were Installed. The Lofted Bedroom also has plumbing installed for a bathroom. Whether you're casting a line, hunting the woods, or simply enjoying the quiet of nearly 10 private, wooded acres, this one-of-a-kind riverside property offers a rare combination of seclusion, recreation, and comfort.
    24 days
    |
    2,718
    |
    194
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Shelly Dyer Cell:765-210-8495,

    Dyer Homes, LLC

    Source: IRMLS,MLS#: 202631268MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bedrooms: 3
      Bedroom 1
      • Level: Main
      Bedroom 2
      • Level: Upper
      Dining room
      • Level: Main
      • Area: 210
      • Dimensions: 14 x 15
      Kitchen
      • Level: Main
      • Area: 210
      • Dimensions: 14 x 15
      Living room
      • Level: Main
      • Area: 224
      • Dimensions: 14 x 16
      Heating
      • Electric, Propane, Heat Pump
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Microwave, Refrigerator, Double Oven, Gas Range
      • Laundry: Main Level
      Features
      • Breakfast Bar, Vaulted Ceiling(s), Walk-In Closet(s), Eat-in Kitchen
      • Basement: Crawl Space
      • Number of fireplaces: 1
      • Fireplace features: Living Room
      Interior area
      • Total structure area: 2,370
      • Total interior livable area: 2,370 sqft
      • Finished area above ground: 2,370
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached, Garage Utilities, Gravel
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Levels: One and One Half
      • Stories: 1.5
      • Patio & porch: Porch, Screened
      • Has view: Yes
      • On waterfront: Yes
      • Waterfront features: Waterfront, River Front, River
      • Body of water: Mississinewa River
      • Frontage length: Water Frontage(250)
      Lot
      • Size: 9.48 Acres
      • Dimensions: 485 x 540
      • Features: Many Trees, Irregular Lot, Sloped, 6-9.999, Rural
      Details
      • Parcel number: 520836300009.000021

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Wood Siding
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1974

      Utilities & green energy

      • Electric: Peru Utilities
      • Gas: None
      • Sewer: Septic Tank
      • Water: Well

      Community & HOA

      Community
      • Subdivision: None
      Location
      • Region: Peru

      Financial & listing details

      • Tax assessed value: $261,200
      • Annual tax amount: $1,150
      • Date on market: 8/2/2026
      • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan

        Estimated market value

        $463,000

        $440,000 - $486,000

        $1,616/mo

        Price history

        DateEventPrice
        8/24/2026Price change$474,900-2.1%
        Source: IRMLS #202631268 Report a problem
        8/12/2026Price change$484,900-2%
        Source: IRMLS #202631268 Report a problem
        8/2/2026Listed for sale$494,900+35.6%
        Source: IRMLS #202631268 Report a problem
        8/20/2022Listing removed--
        Source: Owner Report a problem
        8/3/2022Pending sale$365,000
        Source: IRMLS #202229458 Report a problem
        7/16/2022Price change$365,000+32.7%
        Source: IRMLS #202229458 Report a problem
        12/21/2020Pending sale$275,000
        Source: IRMLS #202048908 Report a problem
        12/21/2020Price change$275,000+10%$116/sqft
        Source: The Hardie Group #202048908 Report a problem
        12/14/2020Listed for sale$250,000$105/sqft
        Source: The Hardie Group #202048908 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,150 +15.1%$261,200 +21.2%
        2024$999 -17.3%$215,500 -0.7%
        2023$1,208 -1.7%$217,100 +0.3%
        2022$1,229 +424.7%$216,400 +7.9%
        2021$234 -20.8%$200,500 +46.6%
        2020$296 +71%$136,800 -6.2%
        2019$173 +46.4%$145,800 +17.7%
        2018$118 -23.9%$123,900 +8.1%
        2017$155 $114,600 -2.4%
        2016$155 -1.2%$117,400 -0.3%
        2014$157 -3%$117,800 -0.6%
        2013$162 -24.6%$118,500 +0.3%
        2012$215 +73.4%$118,100 +6.4%
        2011$124 +2.3%$111,000 -1.3%
        2010$121 +74.9%$112,500 -3.4%
        2009$69 -85.6%$116,500 -8.1%
        2007$482 $126,700
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 46970

        Getting around

        0 / 100
        Car-Dependent
        7 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Pipe Creek/Maconaquah
        • Middle: Maconaquah
        • High: Maconaquah
        • District: Maconaquah School Corp.

        Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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