$239,900

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 $167/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Opportunity awaits with this fixer-upper in Cicero, ideal for an investor, flipper, or buyer looking to renovate and create rental income. 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:
February 16, 2026 at 8:18PM
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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Location

Schools Nearby

H

Hamilton Heights Elementary School

25150 State Road 19 # 400, Arcadia, IN, 46030

Grades PK-4

1.11 miles away

H

Hamilton Heights Middle School

420 W North St - 609, Arcadia, IN, 46030

Grades 5-8

2.63 miles away

H

Hamilton Heights High School

25802 State Road 19, Arcadia, IN, 46030

Grades 9-12

1.69 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.