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    550 E 550 N Peru, IN 46970

    Sponsored
    For Sale
    $125,000

    Agricultural Land - Peru, IN

    Lot size:
    10.41 Acres
    Days on Market:
    6
    Last Refresh:
    Jan 6 at 9:06 pm

    Property Features for 550 E 550 N

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    52-05-26-400-001.000-019
    Lot size
    10.41 Acres

    Building Details

    Architectural style
    Other

    Mossy Oak Properties/Indiana Land and Lifestyle (812) 230-4503

    Listing agent Ty Mills (812) 230-4503

    Listing date Jan 1, 2026

    MLS# 202600030 Listing URL

    Copyright © 2026 Northeastern Indiana Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Acreage Near Highway 19

    This 10.406-acre parcel of vacant land is located south of Chili, Indiana, near Denver and a quarter mile from Highway 19. The rolling land is suitable for building a home, creating a homestead, or establishing a small hobby farm. Currently used for hay production, the property is suited for livestock or agricultural use. Surrounding woods provide wildlife habitat with frequent sightings of deer and turkeys. Public gas and electric are available at the road. A private well and septic system will be needed. The property has low annual taxes of approximately $205. The land offers space, privacy, and convenient access to nearby towns and major routes. Cash rent income is roughly $500 yearly.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    Peru
    County
    Miami
    State
    Indiana
    Longitude
    -86.037402595001
    Latitude
    40.844064027639

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    FAQs

    What type of property is this?
    Agricultural land - 10.406 acres near Denver, Indiana, ideal for building or farming.
    Where is this agricultural land located?
    The property is located at 550 E 550 N Peru, IN.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: - Large 10.406-acre parcel ideal for building a home, homesteading, or hobby farm.; - Convenient location near Denver, Indiana, and only a quarter mile from Highway 19.; - Low annual property taxes of approximately $205.
    (812) 230-4503
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    550 E 550 N Peru, IN 46970
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    Peru, IN 46970
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    550 E 550 N Peru, IN 46970
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