2523 S Business 31

Peru, IN
$ 385,000 Beds 6 Baths 2 Sq 3,872 Virtual Tour
Monthly Estimate* How much can I afford?

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, youll 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!

Single Family

  • Price
  • $ 385,000
  • City
  • Peru
  • Bedrooms
  • 6
  • Full Bathrooms
  • 2
  • County
  • MIAMI
  • Half Bathrooms
  • 0
  • Area
  • Pipe Creek
  • Lot Size
  • 2 Acres
  • Zip
  • 46970
  • Sqr Footage
  • 3,872
  • Year Built
  • 1951
  • Taxes
  • $ 305176
  • Style
  • Site-Built Home
  • MLS#
  • 202618815
Listed By: Amanda Bowman with eXp Realty, LLC;
Data Source: Indiana Regional MLS (IRMLS)

Features

General

Sewer Septic
Heating Conventional
Kitchen Level Main
Cooling Central Air
Laundry Y/N Lower
Fireplaces Yes
Garage Attached
Amenities Attic Storage,Bar,Breakfast Bar,Cable Ready,Ceiling Fan(s),Closet(s) Walk-in,Countertops-Ceramic,Deck Open,Detector-Smoke,Disposal,Dryer Hook Up Electric,Eat-In Kitchen,Foyer Entry,Garage Door Opener
Status Active
Full Baths 2
Bathrooms 2
Year Built 1951
New Construction No
Subdivision None
Style One Story
Township Pipe Creek
Class RESIDENTIAL
Type Site-Built Home
Age 75
FIPS Code 18103
Associated Document Count 2
REO No
Status Active
Auction Y/N No
Dining Room Level Main
Annual Taxes 305176
Area Miami County
High School Maconaquah
City Peru
School District Maconaquah School Corp.
Assoc. Dues Frequency Not Applicable
Total Sq Ft 3872
Elementary School Pipe Creek/Maconaquah
Middle School Maconaquah
Legal Description 016-24063-00 PT NW1/4 SE1/4 6-26-4 2.00 ACRES 31 240 06300
Agent First Name Amanda
Agent Last Name Bowman
DOM 114
Tax Year 2025 pay 2026
PROPOSED FINANCING Cash,Conventional,FHA,VA

Interior Features

Basement Full Basement,Finished
Fireplace(s) 2
Kitchen Length 18
Laundry Room Width 9
Laundry Room Length 19
Kitchen Width 9
Beds 6
Total Rooms 13
Dining Room Length 11
Dining Room Width 14
Other Room 2 Level Lower
Fireplace Living/Great Rm,Basement
Family Room Width 13
Living Room Width 14
Den Length 15
Den Width 12
Other Room 2 Length 22
Other Room 2 Width 7
Other Room 1 Description BED ROOM 6
Other Room 2 Description Kitchenette
Family Room Length 12
Living Room Length 26
Full Baths Main 1
Total Finished SqFt 3872
Basement Y/N Yes
Other Room 1 Length 22
Other Room 1 Width 7
Above Grade Bedrooms 3
Below Grade Baths 1
Below Grade Bedrooms 3
Full Baths Below Grade 1
1st Bedroom Level Main
1st Bedroom Width 13
2nd Bedroom Length 13
2nd Bedroom Level Main
2nd Bedroom Width 11
3rd Bedroom Length 13
3rd Bedroom Level Main
3rd Bedroom Width 11
4th Bedroom Length 26
4th Bedroom Level Lower
4th Bedroom Width 12
5th Bedroom Length 12
5th Bedroom Level Lower
5th Bedroom Width 12
Above Grade Finished SqFt 1936
Below Grade Finished SqFt 1936
Living/Great Rm Level Main

Exterior Features

Exterior Stone
Pool No
Garage Length 21
Garage Width 13
Lot Size Area 87120
Lot Dimensions 399x203
Lot Description Rolling
Garage SqFt 273
Approx. Lot Size Acres 2
Garage Capacity 3
Waterfront Y/N No
Garage Y/N Yes

Amenities

  • Foreclosure
  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the South Bend, IN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Pipe Creek/Maconaquah Elementary School
Middle School Maconaquah Middle School
High School Maconaquah High School

Price History

5/18/2026 Listed $460,000
6/5/2026 16% - $390,000
9/4/2026 2% - $385,000

Property vs Zip Code Average in 46970

Price
AVG $290K
$390K
Taxes
AVG $6,100
$305,176
Year Built
AVG 1938
1951
Visits
AVG 27
18
Data Provided by Inside Real Estate®

Areas That We Cover

2523 S Business 31 Peru, IN is a Single Family Home for sale at $385000 with 3872 sqft and a lot size of 2 Acres Acre(s). 2523 S Business 31 Peru has 6 bedrooms, 2 baths and was built in 1951. 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 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.