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2518 Airport Rd

Peru, IN 46970

3 bd 2 ba 1,659 sqft Built 1980 Lot 74,488 sqft single_family
Most recent sale
$273,125
Sep 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 9, 2022 Sold $273,125 Public Record
Sep 6, 2022 Sold $230,000 IRMLS
Jul 20, 2022 Listed $239,900 MLS #202229977
May 18, 2021 Sold $247,500 Public Record
May 12, 2021 Sold $209,900 IRMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $167,200 $24,700 $191,900 $1,252
2022 $173,500 $24,700 $198,200 $1,136
2021 $151,400 $24,700 $176,100 $1,101
2020 $151,600 $24,700 $176,300 $997
2018 $151,800 $24,700 $176,500 $406
2017 $127,700 $24,700 $152,400 $358
2016 $127,900 $24,700 $152,600 $358
2015 $125,100 $24,700 $149,800 $473
2014 $124,900 $24,700 $149,600 $403
2013 $127,700 $24,700 $152,400 $754
2012 $127,700 $24,700 $152,400 $771
2011 $110,700 $28,300 $139,000 $314
2010 $116,400 $28,300 $144,700 $87
2009 $119,300 $29,200 $148,500 $65
2008 $121,200 $29,200 $150,400 $492

Property facts

Year built
1980
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,659 sqft
Lot size
74,488 sqft
ZIP code
46970
City
Peru
Street
Airport Rd
Coordinates
40.73195, -86.12063

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,489
Gross rental yield
10.94%
Implied cap rate
7.11%
Trend-extrapolated value

Frequently asked questions

When did 2518 Airport Rd last sell?
2518 Airport Rd most recently sold on Sep 9, 2022 for $273,125.
What is the current tax assessment for 2518 Airport Rd?
The most recent total assessment for 2518 Airport Rd (year 2024) is $191,900 with $1,252 in property tax.
How does 2518 Airport Rd's assessment compare to its last sale price?
The current assessment is 29.7% below the last sale price of $273,125.
When was 2518 Airport Rd built?
2518 Airport Rd was built in 1980.
How does 2518 Airport Rd compare to others on Airport Rd?
We track 8 other properties on Airport Rd. Browse the list under "Other properties on Airport Rd" to compare beds, baths, and sale history.
What are the property facts for 2518 Airport Rd?
2518 Airport Rd is a 3 bed, 2 bath, 1,659 sqft, 74,488 sqft lot single_family.
Is 2518 Airport Rd a flip candidate?
No — 2518 Airport Rd does not appear in our flips dataset.
Is 2518 Airport Rd a tax-appeal candidate?
No — 2518 Airport Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+7.4%
Implied 1-yr
+29.4%
2026 Q3
$216K
2026 Q4
$226.8K
ZIP 46970 — Median Price History + Forecast

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