Peru Homes under $400,000

Welcome to Peru, Indiana—a charming city nestled in the heart of Miami County, where small-town warmth meets vibrant community spirit. Known for its rich history and friendly atmosphere, Peru offers a delightful blend of cultural experiences and outdoor adventures. The city is famously recognized as the “Circus Capital of the World,” celebrating its unique heritage with annual events such as the Peru Circus Festival. Residents enjoy a variety of parks, local shops, and dining options, making it an ideal place for families and individuals alike.

For those looking to call Peru home, you’ll be pleased to discover a range of beautiful homes available under $400,000. This affordability makes Peru an attractive destination for first-time buyers, growing families, and anyone seeking a tranquil lifestyle without breaking the bank. Whether you’re drawn to charming historic properties or modern builds, the housing market here offers diverse options to suit your needs.

The community is known for its excellent schools and family-friendly environment, ensuring that residents can thrive in a supportive and nurturing setting. Plus, with easy access to nearby cities and natural attractions, you can enjoy the best of both worlds—a peaceful retreat with the excitement of urban amenities just a short drive away.

Explore the possibilities of homeownership in Peru, Indiana, where your dream home awaits at an unbeatable price. Come and experience the charm of this wonderful city, where community and comfort blend seamlessly!

Newest Peru Homes under $400,000

$359,900

3 Beds ⋅ 3 Baths

Beautiful, completely remodeled inside and out, this 3-bedroom, 2.5-bath home pairs thoughtful design with custom details throughout. Located in a Peru neighborhood near US 31, it has convenient access to Grissom AFB and a central location between Kokomo, Logansport, Rochester and Wabash. The redesigned, open-concept kitchen features natural light, soft-close shaker cabinetry, quartz countertops, a natural marble backsplash and stainless steel appliances. An island over 9' long includes pop-up electrical outlets with USB and USB-C ports, while a custom range hood features motion-sensor activation. Flexible main-floor living spaces include a family room with custom built-in media cabinetry, plus the potential to convert that space into an enclosed office or flex space. A custom pet station includes a built-in faucet. The sunroom and generous patio provide additional living and gathering space. The primary suite easily accommodates a king-size bed and includes a 12-by-5-foot walk-in closet and a private bathroom with an oversized 6' tiled shower and dual-option shower heads. Major improvements include a septic system installed in 2024, roof in 2020 and HVAC in 2019. An oversized attached two-car garage and a separate storage shed provide room for hobbies and storage. Some photos are AI virtually staged for illustrative purposes.

1756 Riverview Road, Peru

Listing courtesy of Steven Koleno. Beycome Brokerage Realty LLC

$159,000

3 Beds ⋅ 1 Baths

Discover a compelling opportunity at 327 W 5th, PERU, IN. This single-family residence, built in 1900, offers plenty of living space and presents a great option for investors and handy homeowners alike. It has 3 beds and 1 full bath on the main level for convenience. The kitchen is thoughtfully designed with a peninsula, providing both workspace and a casual dining area. The bathroom is appointed with a double vanity, offering convenience and ample space. This two-story property also includes a basement, adding potential for storage or future development. The large sunroom not only is a beautiful way to wow your guests, but also can take you directly to the dining room, living room, and primary bedroom. Outside, a private yard offers a secluded outdoor retreat, complemented by a covered deck perfect for relaxed enjoyment. Seize the chance to explore the possibilities this property holds.

327 W 5th, Peru

Listing courtesy of Sophia Lingen. RE/MAX Advanced Realty

$149,900

3 Beds ⋅ 2 Baths

This move-in-ready home has been fully updated with new windows, a modern kitchen, new flooring, and fresh paint. Conveniently located close to everything.

412 N Broadway Street, Peru

Listing courtesy of Kerolos Sarofem. HSI Commercial & Residential Group, Inc

$89,500

2 Beds ⋅ 2 Baths

Welcome to 135 S Wabash, a delightful single-family residence in PERU, IN, built in 1962. This charmer, spanning 1068 square feet, is ready for your loving touch to turn this into a world where comfort meets playful living that's only a block away from the River front. Step into the realm of sweet dreams with two cozy bedrooms, perfect for slumber parties or simply unwinding after a day of adventures. Freshen up in the full bathroom, ready for your morning routines, or pop into the half bathroom for a quick pit stop before your next escapade. Beyond the main living spaces, discover the attached garage, a perfect hideaway for your trusty vehicle or a secret lair for your hobbies. And don't forget the porch, just begging for a rocking chair and a tall glass of lemonade on a sunny afternoon. All nestled on a generous 8712 square foot lot, there's plenty of room to frolic and play. Don't let this playful pad slip through your fingers - come discover your next adventure!

135 S Wabash, Peru

Listing courtesy of Kent Smith. Ledford Wright Real Estate Group, LLC

Start Your Search

Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

Peru Homes under $400,000

Newest Peru Homes under $400,000

How much is your home worth?

How much is your home worth?