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Sheldon Barnes, Carmel Realtor

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Sheldon Barnes can help you list 800 N Peru St

Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Cicero, Indiana and the rest of Hamilton County. Whether you're ready to sell 800 N Peru St or just curious what your home is worth in today's Cicero market, he can put together a no-pressure valuation.

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ABOUT THIS HOME

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, this property offers strong value-add potential both inside and out. The home features a main-floor bedroom, two additional bedrooms upstairs, two full bathrooms on the main level, and a full basement that provides 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. Adding to the opportunity, the property is zoned NC - Neighborhood Commercial, offering flexibility beyond residential use. In addition to continued residential or rental use, the zoning may allow for certain neighborhood-serving business uses, subject to town approvals and requirements. Conveniently located just minutes from the heart of Cicero and Morse Lake, you'll enjoy easy access to local shops, dining, and lake amenities while still benefiting from a spacious lot. Bring your ideas and unlock the potential of this value-add opportunity in desirable Cicero. Buyer to verify permitted uses and approvals.

Listed by Andy Sheets· Compass Indiana, LLC· MLS# 22078903
Pending151 days on market

$224,900

$259,900

3Beds
2Baths
1,440Sq Ft

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, this property offers strong value-add potential both inside and out. ...

Listed by Andy Sheets· Compass Indiana, LLC· MLS# MBR22078903

2,160

Sq Ft

1948

Year Built

Off Market

Status

$161,900

Assessed Value

3

Bedrooms

Key things to know

  • Main-floor bedroom
  • Full basement with storage potential
  • Nearly half-acre lot
  • Neighborhood commercial zoning (NC)
  • Two full baths on main level

Browse by room

12 rooms · 34 photos

Price history

  1. PendingAccepted offer

    Jun 6, 2026

  2. Price reduced$234,900 → $224,900

    May 27, 2026

  3. Listedat $259,900

    Jan 7, 2026

Comparative value

5 comps in this range

This home is 29% below median for similar nearby sales.

$184K$345KMedian $315K
$225K

Estimated values and comparable-sales ranges shown here are for informational purposes only. They are derived from public records and recent MLS sales, are not an appraisal or formal Comparative Market Analysis (CMA), and should not be used as the sole basis for any pricing, purchase, sale, or financing decision. For an accurate market value of a specific property, contact Sheldon Barnes for a personalized CMA.

AI-curated highlights

INSIDE THIS HOME

FEATURES & AMENITIES

Interior

Eat-in KitchenPantry

Climate

Heat: Forced AirHeat: Natural GasCool: NoneCool: Window Unit(s)

AI-detected from photos

Vibe:traditionaloriginalPool

THE FACTS

Pricing trajectory, room-by-room layout, schools, and what's nearby.

Price history

  • $259,900Listed· Jan 7, 2026

  • $224,900Reduced

    $35,000 (13.5% off original)

151 days on market

Layout

Main
125 rooms720 sq ft
Upper
22 rooms720 sq ft
Basement
1 rooms

Schools

Hamilton Heights School Corp

  • Elementary

    Hamilton Heights Elementary School

  • Middle

    Hamilton Heights Middle School

  • High

    Hamilton Heights High School

Neighborhood

  • Westfield High School9.0 mi
  • Hamilton Town Center10.6 mi
  • Hamilton Southeastern HS10.8 mi
  • Conner Prairie12.0 mi
  • Fishers High School12.1 mi
  • Clay Terrace12.2 mi

OFF-MARKET PROPERTY DETAILS

Living Area

2,160 sq ft

Year Built

1948

Stories

Two

Subdivision

No Subdivision

Bedrooms

3

Bathrooms

2 full

School District

Hamilton Heights School Corp

TAX ASSESSMENT

Hamilton County assessed values for current year

Total Assessed Value

$161,900

Land Value

$46,300

Land$46,300

29% of total

Improvement Value

$115,600

Improvements$115,600

71% of total

Annual tax · 2024
$2,308

PARCEL & LEGAL

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