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Property profile & analytics
OFF-MARKET
Commercial real estate

3746 Division Rd Peru, IN 46970

3,472 SF 46.55 ac lot
Property ID
US31-2332332
Property summary
AI-generated overview

This exceptional 46.55-acre property in Peru, Indiana, presents a unique opportunity to own a charming 5-bedroom, 3-bathroom home nestled on expansive acreage. The well-built, 3,472 square foot home boasts a wrap-around porch, a 2-car garage, and a carport. Inside, you'll find a spacious living/dining area, a kitchen with hardwood cabinets and flooring, and a master suite with an expansive bathroom. The fully finished walk-out basement offers additional living space, including a second kitchen, two bedrooms, and a versatile room, opening onto a patio with hand-painted murals. The property also includes a substantial 40x80 barn featuring a cement floor workshop, ample storage, water, insulation, electricity, a 30-amp camper hookup, a welding plug, and frost-proof hydrants. The land itself is a blend of mature woods (recently select-cut) and tillable acreage, perfect for hunting (deer and turkey are frequently sighted), farming, or exploring government habitat programs. Existing fencing is in place. The home features geothermal heating, LP gas, a private well/septic system, and a durable metal roof. Note that the property shares an easement with the seller, and the buyer will be responsible for drive maintenance. Pre-approvals are required before showings. This property offers a rare combination of comfortable living and expansive outdoor potential.

Property profile
Verified
Property type Commercial real estate
Total area 3,472 SF
Lot 46.55 ac (2,027,718 SF)
UPID US31-2332332
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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