Listing courtesy of eXp Realty, LLC · Listing agent: Amanda Bowman

Virtual tour
ActiveSite-Built Home

2523 S Business 31

$385,000

$198.86 / sq ft

Est. $27,650/mo

Peru, IN 46970

Original price $460,000 · Price reduced on September 3, 2026

  • 2 acres
  • 3-car garage
  • Fireplace
  • Basement
Bedrooms
6
Bathrooms
2
Living area
3,872 sq ft
Lot
2 ac
Year built
1951
Type
Site-Built Home
Listed
May 18, 2026
MLS #
202618815

About this home

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!

Monthly payment estimate

$27,650/mo

Principal & interest
$2,107
Property taxes
$25,431
Homeowners insurance
$112
Your loan

  • Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
  • Taxes: the seller's 2025 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.
Change taxes, insurance and more in the full calculator

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Property details

Interior

Levels
One
Total rooms
13
Total area
3,872 sq ft
Finished area above grade
1,936 sq ft
Finished area below grade
1,936 sq ft
Below grade total
1,936 sq ft
Bedrooms above grade
3
Bedrooms below grade
3
Full baths, main level
1
Full baths, below grade
1
Basement
Full, Finished
Heating
Conventional
Cooling
Central Air
Fireplaces
2
Fireplace features
Living/Great Rm, Basement
Appliances
Disposal
Laundry
Electric Dryer Hookup, Lower Level
Interior features
Storage, Bar, Breakfast Bar, Ceiling Fan(s), Walk-In Closet(s), Countertops-Ceramic, Detector-Smoke, Eat-in Kitchen, Entrance Foyer, Guest Quarters, Natural Woodwork, Range/Oven Hook Up Elec, Range/Oven Hook Up Gas, Range/Oven Hk Up Gas/Elec, Storm Doors, Storm Windows, Double Vanity, Wiring-Security System, Kitchenette, RV Parking, Stand Up Shower, Tub and Separate Shower, Tub/Shower Combination, Main Level Bedroom Suite, Formal Dining Room, Washer Hook-Up, Garage Utilities

Exterior & parking

Construction
Stone
Garage spaces
3
Attached garage
Yes
Garage type
Attached
Garage sq ft
273 sq ft
Parking
Garage Door Opener
Private pool
No
Other structures
Detached Garage
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot features
Rolling Lot
Lot size (acres)
2 ac
Lot dimensions
399x203
County
Miami County
Township
Pipe Creek
Platted
Yes
Planned unit development
No
Directions
Heading north on state road 31 turn right on to Bus 31 then the home will be on the right

Schools

Elementary school
Pipe Creek/Maconaquah
Middle school
Maconaquah
High school
Maconaquah
School district
Maconaquah School Corp.

Taxes & terms

Annual taxes
$305,176
Tax year
2025
Listing terms
Cash, Conventional, FHA, VA
Possession
Negotiable
Parcel number
52-11-06-400-007.000-017

Included in the sale

Excluded from sale
Tv Wall Mounts

Utilities

Water
Public
Sewer
Septic Tank
Utilities
Cable Available

Income & commercial

Gas meters
12

Location

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