$234,900

800 N Peru Street, Cicero, IN 46034

  • 1,440 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1948
  • Property Lot Size Icon0.46acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $163/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

Opportunity awaits with this fixer-upper in Cicero, ideal for a first time home buyer, investor, flipper, or buyer looking to renovate and create rental income. Seller is open to upgrade allowances! Set on a nearly half-acre lot with frontage along Peru Street / State Road 19, this property offers strong value-add potential both inside and out, along with excellent visibility. The home features a main-floor bedroom, two additional bedrooms upstairs, two full bathrooms on the main level, and a full basement providing additional space for storage, mechanicals, or future finishing. With the right vision and updates, this property could be a great long-term rental, resale project, or owner-occupied investment. In addition to residential use, the property is zoned NC - Neighborhood Commercial, offering flexibility for a variety of neighborhood-serving business uses, subject to town approvals and requirements. Potential uses may include retail or service-oriented businesses, food sales or service, recreation or fitness uses, automotive-related services, or certain institutional or community-focused uses. Conveniently located just minutes from the heart of Cicero and Morse Lake, this property combines location, visibility, and flexibility-a rare opportunity for buyers seeking both residential and future commercial upside. Bring your ideas and unlock the potential of this unique value-add opportunity in desirable Cicero. Buyer to verify zoning uses, development standards, access, and required approvals.

Listing Status:
Active
Data Last Updated:
May 20, 2026 at 3:18PM
Listing Office:
Compass Indiana, LLC : 317-373-3434
Listing Agent:
Andy Sheets : 317-373-3434
MLS ID:
22080139
  • Heating: Forced Air
  • Parking: CarportGravel
  • Roofing: Asphalt
  • Road/Access: State Road
  • Originating MLS: mibor
  • School District: Hamilton Heights School Corp
  • County: Hamilton
  • Zoning: NCAcreage .00Section 36Township 20Range 4290236204006000011
  • Current Use: Residential
  • Utilities: Electricity Connected
  • Source: mibor

This listing courtesy of Andy Sheets , Compass Indiana, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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