$950,000

1478 W 500 S Peru, IN 46970

$10,000
Closing credit¹
5 beds
4 full, 2 partial
7,894 sqft
14.7 acres
$120 / sqft
House

Property details

About 1478 W 500 S

This scenic property offers peaceful country living in a sprawling two-story home with custom finishes and tons of natural light. The property offers 5 bedrooms, 4.5 baths, 3 fireplaces (one that is dual-sided), a finished walk-out basement, an in-ground swimming pool, an attached 3-car garage, a barn, AND a guest house! The main house boasts hardwood flooring, an extra-large owner's suite on the main level, multiple living spaces and fresh paint throughout much of the home. The kitchen is an entertainer's dream, featuring a 10-foot island, custom range hood, granite countertops, and is open to a spacious breakfast nook. In the center of the home is an impressive 2-story great room, featuring a ceiling-height stone fireplace. The staircase leads to a catwalk overlooking the great room as well as three upstairs bedrooms and an open-air loft/library space. The basement is fully-finished with a full wet bar, rec room, full bath, a room previously used as an exercise space, and another family room with fireplace. The walk-out basement opens to the outdoor patio space, inground pool, and wooded backyard. The outbuilding houses both a barn and over 1000 square foot guest house space, complete with living room, a full kitchen and dining space, a bedroom, laundry room, and spacious full bath. This beautiful property offers more than can be described here. Schedule your own private tour and take a look for yourself!

Highlights

Home typeSingle Family Residence
HeatingNatural Gas, Hot Water
StatusActive
Size7,894 sqft
BasementYes
Lot size14.742 Acres
Year built2000
MLS #22038627
FireplaceTwo Sided, Basement, Great Room, Primary Bedroom

Summary

  • Partial Bathrooms: 2
  • Full Bathrooms: 4
  • Appliances: Gas Cooktop, Dishwasher, Dryer, Disposal, Microwave, Oven, Double Oven, Range Hood, Refrigerator, Bar Fridge, Washer, Water Heater, Water Softener, Wine Cooler
  • Basement: Yes
  • Interior: Attic Access, Built In Book Shelves, Vaulted Ceiling(s), Center Island, Entrance Foyer, Paddle Fan, Hardwood Floors, Hi-Speed Internet Availbl, In-Law Arrangement, Eat-in Kitchen, Pantry, Programmable Thermostat, Screens Some, Supplemental Storage, Walk-in Closet(s), Wet Bar, WoodWorkStain/Painted
  • Fireplace: Two Sided, Basement, Great Room, Primary Bedroom
  • Total Bedroom Count: 5
  • Exterior: Barn Storage, Carriage/Guest House, Gutter Guards, Out Building With Utilities, Playset
  • Architectural Style: TraditonalAmerican
  • Heating: Natural Gas, Hot Water
  • List Price: $950,000
  • Price/SqFt: $120
  • Directions: GPS Friendly
  • Year Built: 2000
  • Living Area: 7,894 SqFt
  • Lot Size: 14.742 Acres
  • MLS Number: 22038627
  • MLS Name: MIBOR
  • Office Name: RE/MAX Advanced Realty
  • Office Email: teverbaugh.realty@gmail.com
  • Listing Agent: Katrin Hoffman

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Last updated on: 6/3/2025, 5:31:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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1478 W 500 S, Peru, IN 46970 - victorian-style house with a front lawn, a porch, roof with shingles, and a sunroom

$950,000

1478 W 500 S

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
May 02, 2022
Home Sold
$1,500,000
May 02, 2022
Home Sold
$1,500,000
May 02, 2022
Home Sold
$1,500,000

Tax history

We're sorry, we currently don't have tax history data for this listing.

History based on county public records data.

Nearby schools

4

Maconaquah Elementary School

Public District 2-5

3.4 mi

7784 S Strawtown Pike

6

Blair Pointe Upper Elementary School

Public District 2-6

4.5 mi

300 Blair Pike

4

Lewis Cass Elementary School

Public District PK-5

8.3 mi

6540 E State Road 218

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $28,846. Residents of Peru, IN typically earn less than $<35k each year. Residents typically live in married, no kids family. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

60%
<35k
33%
35k-100k
7%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

25%
Single, No Kids
19%
Single, with Kids
34%
Married, No Kids
22%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
11%
12-17 yrs old
16%
18-34 yrs old
41%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Monster TrucksMonster Trucks
  • NASCARNASCAR
  • HuntingHunting

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • Bass Pro ShopsBass Pro Shops
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • ChevroletChevrolet
  • GMCGMC
  • RamRam

What do the neighbors listen to?

  • CountryCountry
  • Classic CountryClassic Country
  • New CountryNew Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1478 W 500 S

The listing price of 1478 W 500 S property is $950,000.

The property 1478 W 500 S is a house located in Peru, Indiana, 46970.

Active Listing: 1478 W 500 S is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1478 W 500 S are: Maconaquah Elementary School (GreatSchools Rating 4/10), Blair Pointe Upper Elementary School (GreatSchools Rating 6/10), Lewis Cass Elementary School (GreatSchools Rating 4/10), Maconaquah Middle School (GreatSchools Rating 5/10), Lewis Cass Junior High School (GreatSchools Rating 6/10), Bon Air Middle School (GreatSchools Rating 4/10), Maconaquah High School (GreatSchools Rating 6/10), Peru High School (GreatSchools Rating 4/10), Lewis Cass High School (GreatSchools Rating 6/10).

The last sale was on May 2, 2022 for $1,500,000 (source: MLS/tax record).

The property at 1478 W 500 S has 5 bedrooms and 4 full and 2 half bathrooms.

The property 1478 W 500 S is 7,894 SqFt (source: MLS/tax record).

The year of construction for 1478 W 500 S is 2000.

This home is located at 1478 W 500 S in Peru, IN and zip code 46970. This 7,894 square foot home, which was built in 2000, sits on a 14.74 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since May 22, 2025 and is currently priced at $950,000.

Peru, IN housing market in May 2025 saw over 2 listings sold above listed price, more than 1 sold at listed price and over 8 sold below. In May 2025 in Peru, IN there were 8.5% more homes for sale than in April.

From Rocket Homes Real Estate and based on county public records data.

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