Listing courtesy of Dyer Homes, LLC · Listing agent: Shelly Dyer · Cell: 765-210-8495
1948 S 300 E
Peru, IN 46970-8900
Original price $494,900 · Price reduced on September 26, 2026
- On Mississinewa River
- 9.5 acres
- 2-car garage
- Fireplace
- Bedrooms
- 4
- Bathrooms
- 2
- Living area
- 2,370 sq ft
- Lot
- 9.48 ac
- Year built
- 1974
- Type
- Site-Built Home
- Listed
- August 1, 2026
- MLS #
- 202631268
About this home
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, includes a Brand New Double Oven and Gas Cooktop, Modern Frosted Glass Front Black Upper Cabinets and Sage Lower Cabinets and Flows Seamlessly into the Living and Dining Areas. This Home Showcases 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.
Monthly payment estimate
$2,719/mo
- Principal & interest
- $2,490
- Property taxes
- $96
- Homeowners insurance
- $133
- Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
- Taxes: the seller's 2026 bill as reported to the MLS. Yours may differ once your own deductions apply.
- Insurance: estimated at 0.35% of the price per year.
- An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
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Property details
Interior
- Levels
- One and One Half
- Total rooms
- 6
- Total area
- 2,370 sq ft
- Finished area above grade
- 2,370 sq ft
- Bedrooms above grade
- 4
- Full baths, main level
- 2
- Basement
- Crawl Space
- Heating
- Electric, Propane, Heat Pump
- Cooling
- Central Air
- Fireplaces
- 1
- Fireplace features
- Living/Great Rm
- Laundry
- Main Level
- Interior features
- Breakfast Bar, Vaulted Ceiling(s), Walk-In Closet(s), Eat-in Kitchen, Main Floor Laundry, Garage Utilities
Exterior & parking
- Construction
- Wood Siding
- Roof
- Shingle
- Garage spaces
- 2
- Attached garage
- No
- Garage type
- Detached
- Garage sq ft
- 864 sq ft
- Parking
- Gravel
- Private pool
- No
- New construction
- No
Waterfront & lake
- Waterfront
- Yes
- Body of water
- Mississinewa River
- Water access
- Riverfront
- Water frontage
- 250 ft
- Water feature
- River
Lot
- Lot features
- Heavy Woods, Irregular Lot, Sloped, Waterfront, 6-9.999
- Lot size (acres)
- 9.48 ac
- Lot dimensions
- 485 x 540
- Location type
- Rural
- County
- Miami County
- Township
- Washington
- Platted
- Yes
- Planned unit development
- No
- Directions
- State Road 124 to 300 E. The Property is on the Right Side Around the second set of Curves.
Schools
- Elementary school
- Pipe Creek/Maconaquah
- Middle school
- Maconaquah
- High school
- Maconaquah
- School district
- Maconaquah School Corp.
Taxes & terms
- Annual taxes
- $1,150
- Tax year
- 2026
- Assessed value
- $261,200
- Tax exemptions
- Homestead, Mortgage
- Listing terms
- Cash, Conventional, FHA, USDA Loan, VA
- Possession
- 30 Days after Closing
- Parcel number
- 52-08-36-300-009.000-021
Included in the sale
- Included in sale
- Dishwasher,Microwave,Refrigerator,Oven-Double,Range-Gas
Utilities
- Water
- Well
- Well
- Shared
- Sewer
- Septic Tank
- Electric provider
- Peru Utilities
Income & commercial
- Gas meters
- 14
Location
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