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    Property profile & analytics

    54 Washington Ave Peru, IN 46970-1007

    • Retail space
    • 5,952 SF
    • 0.47 lot acres
    OFF-MARKET
    Value Estimation
    $325,000
    Last Sale
    Dec 26, 2024
    Location Intelligence
    Property ID
    US31-2133879
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Stevens TV & Appliances / Appliance Store / Furniture Store

    Property Details for 54 Washington Ave

    Year built
    2005
    Construction
    WOOD
    Lot size
    0.47 lot acres
    Property size
    5,952 SF
    Property type
    Retail space
    APN
    52-08-22-301-013.000-016
    APU
    520822301013000016

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Peru
    County
    Miami
    State
    Indiana
    Longitude
    -86.0737
    Latitude
    40.7643
    CBSA code
    37940
    CBSA name
    PERU, IN MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,533
    $22,500
    $128,600
    $151,100
    -
    $22,500
    $128,600
    $151,100

    Comparable in this City

    • Value Estimation by Request
      2,016 SF

      19 21st W 3rd St

      RETAIL STORES (PERSONAL SERVICES) • 2,016 SF
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    • Value Estimation by Request
      336 SF

      282 Main St

      RETAIL STORES (PERSONAL SERVICES) • 336 SF
      282 Main St, Peru, IN 46970-2414
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    • Value Estimation by Request
      1,702 SF

      3201 Peoria Dr

      RETAIL STORES (PERSONAL SERVICES) • 1,702 SF
      3201 Peoria Dr, Peru, IN 46970-7094
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    • Value Estimation by Request
      2,032 SF

      1 Canal St

      RETAIL STORES (PERSONAL SERVICES) • 2,032 SF
      1 Canal St, Peru, IN 46970
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    • Value Estimation by Request
      12,760 SF

      2010 Matador St

      RETAIL STORES (PERSONAL SERVICES) • 12,760 SF
      2010 Matador St, Peru, IN 46970-3712
      View Details
    • Value Estimation by Request
      1,096 SF

      451 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,096 SF
      451 Main St, Peru, IN 46970-2519
      View Details

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    54 Washington Ave
    Peru, IN 46970-1007
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
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