New24
$159,900
4 bd · 2 ba · 1,812 sqft
181 E Main Street, Peru, IN
Scott Shepherd · Spear Real Estate, Inc
Est. $1,142/moGet pre-qualified$77/sqft · 23 days on Realty
3
Beds
2
Baths
2,064
Sqft
1940
Built
Bring your vision and make this waterfront property your own! Situated on 3.02 acres in Miami County, this 3-bedroom, 2-bath home offers approximately 300 feet of water frontage, a detached 2-car garage, and plenty of space to enjoy the outdoors. The home is ready for some TLC and offers an excellent opportunity for a buyer looking to renovate, update, and add their own personal touches. With over 3 acres and extensive water frontage, the property provides a peaceful setting with plenty of possibilities. Whether you're looking for a primary residence or weekend retreat, this property offers a unique combination of acreage, waterfront, and potential. Property is being sold as-is, but inspections are welcome.
Listing agent
Allysha Smith
Courtesy of Martino Realty & Auctioneers - Kokomo
(765) 860-8641
Indiana Regional MLS · Listing 202639190
Range $196,011 – $238,731 · as of August 30, 2026
ATTOM automated valuation model · 55 published estimates over 6.7 years · shaded band is the model's own published low-to-high range
Highest reading $286,506 in January 2026; lowest $170,523 in February 2024. The vertical scale starts at the series' own low, not at zero — it is drawn to show movement, not absolute size.
$31,980
Estimated monthly payment
$1,142/mo
Loan amount $127,920. Estimate only — your actual rate and payment depend on credit, location, and lender.
2025 roll
School ratings (A+ to F) from HJN community data.
Blair Pointe Upper Elementary School
3-6 · Regular · Peru Community Schools
574 students · 18.8:1 student–teacher
Peru Jr/Sr High School
7-12 · Regular · Peru Community Schools
814 students · 15.8:1 student–teacher
Elmwood Primary Learning Center
PK-2 · Regular · Peru Community Schools
442 students · 15.2:1 student–teacher
Pipe Creek Elementary School
PK-1 · Regular · Maconaquah School Corporation
363 students · 20.2:1 student–teacher
Rings at ½ mile and 1 mile. Basemap © OpenMapTiles © OpenStreetMap contributors.
Open the Peru camera map1 license-plate reader mapped within ½ mile of this home, identified as a Flock Safety device. Nearest: 0.5 mi northwest.
| Device type | Within ½ mi | Within 1 mi |
|---|---|---|
| License-plate readers | 1 | 1 |
| of which Flock Safety | 1 | 1 |
Community-reported via OpenStreetMap; may be incomplete. Data as of . © OpenStreetMap contributors (ODbL)
License-plate readers (ALPR) are fixed cameras that photograph passing vehicles and read their plates. Records are typically shared with the agency or association that operates the camera.
Flock Safety is a company whose plate-reader cameras are used by police departments, cities, HOAs and businesses. Its devices are usually solar-powered and pole-mounted.
Indiana Regional MLSThis content last refreshed on 2026-10-29 20:38:59 UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
New24$159,900
4 bd · 2 ba · 1,812 sqft
181 E Main Street, Peru, IN
Scott Shepherd · Spear Real Estate, Inc
48$163,000
2 bd · 1 ba · 1,287 sqft
470 W 5th Street, Peru, IN
Rebekah Slack · Miles Realty Group
29$159,900
3 bd · 2 ba · 1,472 sqft
262 W 8th Street, Peru, IN
Rebekah Slack · Miles Realty Group
38$165,000
2 bd · 1 ba · 992 sqft
6722 E Wabash Road, Peru, IN
Nick Krieg · Empire Real Estate LLC
24$123,900
3 bd · 2 ba · 1,584 sqft
20 N Fremont Street, Peru, IN
Deonna Holland · Holland Realty Group, LLC
26$130,000
4 bd · 1 ba · 1,431 sqft
219 W 7th Street, Peru, IN
Jenny Barron · TrustBuilt Realty Group
Within 2 miles of this home: 30 restaurants and cafés, 3 grocery stores, and 7 parks and green spaces.
Place data from OpenStreetMap.
Casey's General Store
West Main Street
Beef 'O' Brady's
American restaurant · West Main Street
Los Tres Caminos II
Mexican restaurant · West Main Street
Arby's
West Main Street
Wendy's
West Main Street
Wings Etc. Peru
West Main Street
McDonald's
West Main Street
Pizza Hut
West Main Street
Kroger
West Main Street
ALDI
West Main Street
Save-A-Lot
Broadway Plaza
West City Park
Peru River Walkway
Peru Garden Club
River Walkway Park
Miami's Fort
Maconaquah Park
Davis Park