Active

Price cut: $5K (9/4)

$385,000

2523 S Business Highway 31, Peru, IN 46970

6beds

3,872sqft

$2,518/mo

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Single Family Residence

Built in 1951

2 Acres Lot

$376,900 Zestimate^®

$--/sqft

$-- HOA

What's special

Sprawling country propertyTwo fireplacesCozy breakfast nookTwo full kitchens

Sprawling country property offering endless possibilities on 2 beautiful acres! This unique 6-bedroom, 2-bath home features an impressive 3,387 sq ft of living space with a flexible layout perfect for multi-generational living, guest accommodations, or income potential. Inside, you’ll find two full kitchens, a cozy breakfast nook, two fireplaces, and a spacious basement providing additional storage or recreational space. The home is wheelchair accessible and designed for comfort and convenience. Enjoy the attached 2-car garage plus a detached 1-car garage, along with separate guest quarters for added versatility. A rare opportunity to own a spacious property with room to grow both inside and out!

111 days
528
33

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 2
Full bathrooms: 2
Main level bedrooms: 3

Bedroom 1

Level: Main

Bedroom 2

Level: Main

Dining room

Level: Main
Area: 154
Dimensions: 11 x 14

Family room

Level: Lower
Area: 156
Dimensions: 12 x 13

Kitchen

Level: Main
Area: 162
Dimensions: 18 x 9

Living room

Level: Main
Area: 364
Dimensions: 26 x 14

Office

Level: Main
Area: 180
Dimensions: 15 x 12

Heating

Conventional

Cooling

Central Air

Appliances

Included: Disposal, Range/Oven Hook Up Elec, Range/Oven Hook Up Gas, Range/Oven Hk Up Gas/Elec
Laundry: Electric Dryer Hookup, Washer Hookup

Features

Bar, Breakfast Bar, Ceiling Fan(s), Walk-In Closet(s), Countertops-Ceramic, Eat-in Kitchen, Entrance Foyer, Guest Quarters, Natural Woodwork, Double Vanity, Kitchenette, Stand Up Shower, Tub and Separate Shower, Tub/Shower Combination, Main Level Bedroom Suite, Formal Dining Room
Doors: Storm Door(s)
Windows: Storm Window(s)
Basement: Full,Finished
Attic: Storage
Number of fireplaces: 2
Fireplace features: Living Room, Basement

Interior area

Total structure area: 3,872
Total interior livable area: 3,872 sqft
Finished area above ground: 1,936
Finished area below ground: 1,936

Video & virtual tour

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Property

Parking

Total spaces: 3
Parking features: Attached, Garage Door Opener, RV Access/Parking, Garage Utilities
Attached garage spaces: 3

Features

Levels: One
Stories: 1
Patio & porch: Deck, Patio

Lot

Size: 2 Acres
Dimensions: 399x203
Features: Rolling Slope

Details

Additional structures: Second Garage
Parcel number: 521106400007.000017

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Stone

Condition

New construction: No
Year built: 1951

Utilities & green energy

Sewer: Septic Tank
Water: Public
Utilities for property: Cable Connected

Community & HOA

Community

Security: Smoke Detector(s), Prewired
Subdivision: None

Location

Region: Peru

Financial & listing details

Tax assessed value: $277,600
Annual tax amount: $305,176
Date on market: 5/18/2026
Listing terms: Cash,Conventional,FHA,VA Loan

Estimated market value

$376,900

$358,000 - $396,000

$1,970/mo

Price history

Date	Event	Price
9/4/2026	Price change	$385,000-1.3%
Source: IRMLS #202618815 Report a problem
6/5/2026	Price change	$390,000-15.2%
Source: IRMLS #202618815 Report a problem
5/18/2026	Listed for sale	$460,000+44.7%
Source: IRMLS #202618815 Report a problem
7/26/2024	Sold	$317,900-0.6%
Source: IRMLS #202417278 Report a problem
7/16/2024	Pending sale	$319,900
Source: IRMLS #202417278 Report a problem
6/25/2024	Price change	$319,900-1.5%
Source: IRMLS #202417278 Report a problem
6/7/2024	Price change	$324,900-4.4%
Source: IRMLS #202417278 Report a problem
6/5/2024	Price change	$339,900-1.4%
Source: IRMLS #202417278 Report a problem
5/24/2024	Price change	$344,900-1.4%
Source: IRMLS #202417278 Report a problem
5/16/2024	Listed for sale	$349,900+85.1%
Source: IRMLS #202417278 Report a problem
10/27/2022	Listing removed	$189,000
Source: IRMLS #202214953 Report a problem
8/2/2022	Price change	$189,000-5%
Source: IRMLS #202214953 Report a problem
4/27/2022	Listed for sale	$199,000
Source: IRMLS #202214953 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,048 +34.8%	$277,600 +64.2%
2024	$1,519 -20%	$169,100 -0.9%
2023	$1,899 +114.6%	$170,700
2022	$885 +16.3%	$170,700 +11.1%
2021	$761 +4.5%	$153,700
2020	$728 -47.3%	$153,700 -0.1%
2019	$1,381 +86.9%	$153,900 +19.6%
2018	$739 +55.7%	$128,700 +5.7%
2017	$474	$121,800 +0.3%
2016	$474 -2.9%	$121,400 +1.2%
2014	$489 +18.8%	$120,000 -0.4%
2013	$411 +36.3%	$120,500
2012	$302 -22.4%	$120,500 -6.4%
2011	$389 +19.5%	$128,700 -6.6%
2010	$325 +46.1%	$137,800 -2.5%
2009	$223 -90.9%	$141,400 -11.3%
2007	$2,447	$159,400 +17.6%
2006	--	$135,600