1040 Cherry Ln, Peru, IN 46970
Property image
Property image
OFF MARKET

$193,400

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,588 sqft (on 0.35 acres)

1040 Cherry Ln, Peru, IN 46970

Est. Refi. Payment $1,168/mo*
Refinance Your Home

Home Value

Trulia Estimate
$193K
Since last month
Decreased$1K (-0.7%)
Since last year
Increased$11K (+5.8%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +111% in the last 10 years
MonthEstimated value
2026
August 2026$194K
August 2026$193K
July 2026$195K
June 2026$196K
May 2026$192K
April 2026$193K
March 2026$190K
February 2026$187K
January 2026$185K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1092 Cherry Ln, Peru, IN
0.11
Single-Family Home
$161,000
04/15/26
3
1.5
976
929 Rosewood Dr, Peru, IN
0.33
Single-Family Home
$207,000
06/09/26
4
1.5
1,736
1133 Rosewood Dr, Peru, IN
0.16
Single-Family Home
$177,000
05/21/26
3
1.5
988
893 Bobtail Ct, Peru, IN
0.11
Single-Family Home
$190,000
01/05/26
2
1
1,080
1041 Rosewood Dr, Peru, IN
0.24
Single-Family Home
$51,788
01/09/26
3
1
1,104
1149 Rosewood Dr, Peru, IN
0.14
Single-Family Home
$134,000
03/13/26
4
1
1,142
906 Rosewood Dr, Peru, IN
0.33
Single-Family Home
$157,000
06/29/26
3
1
1,232
901 W Rosewood Dr, Peru, IN
0.35
Single-Family Home
$120,000
05/11/26
3
1
1,000
2106 S 150 E, Peru, IN
0.21
Single-Family Home
$410,000
03/20/26
3
3
3,027
48 McKinstry Ave, Peru, IN
0.95
Single-Family Home
$95,000
08/28/26
2
1
1,680

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1055 Cherry Ln, Peru, IN 46970
0.06
$234,500
3
2.5
1,816
For Sale
1028 Orchid Pl, Peru, IN 46970
0.06
$256,000
4
2.5
2,504
Off Market
1092 Cherry Ln, Peru, IN 46970
0.11
$161,000
3
1.5
976
Recently Sold
1020 Orchid Pl, Peru, IN 46970
0.07
$334,800
4
3
2,380
Off Market
1153 Rosewood Dr, Peru, IN 46970
0.14
$217,500
4
2
1,632
Off Market
1149 Rosewood Dr, Peru, IN 46970
0.14
$134,000
4
1
1,142
Recently Sold
893 Bobtail Ct, Peru, IN 46970
0.11
$190,000
2
1
1,080
Recently Sold
1133 Rosewood Dr, Peru, IN 46970
0.16
$177,000
3
1.5
988
Recently Sold
960 Cherry Ln, Peru, IN 46970
0.15
$195,900
3
3
1,508
Off Market
1025 Veachs Ct, Peru, IN 46970
0.17
$215,800
3
2.5
2,288
Off Market
1106 Rosewood Dr, Peru, IN 46970
0.18
$150,700
3
1
1,000
Off Market
24 Moseley Rd, Peru, IN 46970
0.19
-
3
1.5
1,008
Off Market

Local Information

  • Map ViewExplore the area around 1040 Cherry Ln.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1974
0.35 acre lot
1,588 sqft
$122/sqft
Garage

About this House

You can move right in to this one story, ranch style home with three bedrooms and two bathrooms. The updated kitchen has stainless steel appliances and opens to a family room or nook. A formal dining room opens to the living room and is very spacious. Both bathrooms have also been updated and the attached 2- car garage is finished. The home has a newer roof and a large open back yard.
1040 Cherry Ln, Peru, IN 46970 is a 3 bedroom, 2 bathroom, 1,588 sqft single-family home built in 1974. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $193,400, with a rent estimate of $1,420/month.

Home Details for 1040 Cherry Ln

Exterior Features

Exterior Home Features
Roof: AsphaltFoundation Type: Crawl Raised
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1974
Property Type / Style
Property Type: Single Family Home

Interior Features

Interior Details
Number of Rooms: 6
Heating & Cooling
Air ConditioningCooling System: Central

Lot Information

Lot Area: 0.35 acres

Price and Tax history

DateEventPrice
Sep 2, 2016
Source: Agent Provided
ListingRemoved
$94,900
Jun 6, 2016
Source: Agent Provided
Listed For Sale
$94,900
Sep 22, 2015
Source: Agent Provided
ListingRemoved
$94,900
May 5, 2015
Source: Agent Provided
Listed For Sale
$94,900

Market trends in Peru

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$165K
$15.67KMoM
Sale-to-List Price
—
Price per sq ft
$106
$7MoM
Available listings
85
2MoM

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Peru

At least 66 Trulia users voted on each feature.

  • 94 % Say parking is easy

  • 88 % Say car is needed

  • 83 % Say yards are well-kept

  • 79 % Say it's dog friendly

  • 75 % Say there are sidewalks

  • 68 % Say people would walk alone at night

  • 67 % Say there's holiday spirit

  • 62 % Say kids play outside

  • 56 % Say neighbors are friendly

  • 48 % Say it's quiet

  • 45 % Say it's walkable to restaurants

  • 45 % Say streets are well-lit

  • 39 % Say they plan to stay for at least 5 years

  • 37 % Say it's walkable to grocery stores

  • 33 % Say there are community events

  • 30 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Tammy Pearce
    "The neighborhood is dog friendly and people are always walking their dogs. They are welcome at any outdoor venue. "
    0
    Flag
  • Tammy Pearce
    "It’s a pet friendly community but doesn’t have a dog park. I think this would make it more pet friendly community. "
    0
    Flag
  • Regina L.
    "It’s a nice sized town, the people are friendly and it’s conveniently located just a little over an hour away from Ft. Wayne and Indianapolis."
    0
    Flag
  • Keith A.
    "Conveniently close to groceries restaurants gas stations and many other businesses. The nickel plate trail is just one block away."
    0
    Flag
  • Tena W.
    "There is no public transportation here. If you do not have a car...you are forced to walk. But it is a little dinky town so it is fine to walk. "
    2
    Flag
  • Kecaldwell3
    "Stray cats that are in town are a problem for dog owners. There is also no dog park located in Peru. "
    0
    Flag
  • Emily F.
    "we have many places for dog owners to walk their dogs like Riverwalk, maconaquah park, nickle plate trail"
    2
    Flag
  • Amberrhymer2925
    "The streets here are very friendly and good for walking dogs at any time of the day, or night. However, there are a LOT of stray cats, so if your dog is a cat chaser you may need to keep him/her on a tight leash. And keep them up to date with vaccinations. "
    0
    Flag
  • Christie B.
    "Dog owners may like that there is a walking trail that is dog friendly within walking distance of neighborhood homes. "
    0
    Flag
  • Brian G.
    "I visit Peru regularly and I know this area. nice quiet,safe area,clean and close to many things. I would live here if I was near the area. Maybe I will someday. I recommend Peru or its diversity and small town feel!"
    2
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 1040 Cherry Ln

  • What is 1040 Cherry Ln estimated to be worth?
    Trulia's estimated value for 1040 Cherry Ln in Peru, IN is $193,400.
  • Is Peru a buyer's or seller's market?
    Peru is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Peru?
    The median sale price in Peru is $165K. That is up $15.67K from the prior month.
  • What do residents say about Peru?
    Residents describe Peru, IN as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See recently sold homes in Peru, IN.
  • Does 1040 Cherry Ln have air conditioning?
    Yes, 1040 Cherry Ln in Peru, IN has air conditioning.
  • How big is the lot at 1040 Cherry Ln?
    The lot at 1040 Cherry Ln in Peru, IN is about 0.35 acres (15,246 sq ft).

Explore by feature - Pet Friendly

14 pet-friendly rentals in Peru, IN

Explore by feature - Garage

9 rentals with a garage in Peru, IN

Explore by feature - Air Conditioning

19 rentals with air conditioning in Peru, IN

Explore by feature - Pool

7 rentals with a pool in Peru, IN

Explore by feature - Washer/dryer

14 rentals with a washer/dryer in Peru, IN

Apartments for Rent

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Off Market Homes Near 1040 Cherry Ln

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