# 1551 N Matador St, Peru, IN 46970

> **TL;DR:** land, $499,000. Est. $2,669/mo. Listed 272 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $499,000 |
| Lot Size | 1,271,081 sqft (29.18 acres) |
| Property Type | Land (Other) |
| Status | Active |
| Days on Market | 272 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $2,523 |
| Estimated Insurance | $146 |
| **Total** | **$2,669** |

## Property Highlights

- 29.18 acre lot

## Description

### Agent Description
- Total Acreage: 29.18 ac PROPERTY DESCRIPTION Don't miss this unique offering that includes a versatile mix of development possibilities. Features include existing streets and roads, close proximity to Grissom Air Force base, nearby utilities, and B3 zoning. Give us a call to discuss potential development routes and thoughts from the local economic planning commission. Zoning: B3 PROPERTY LOCATION 1551 N Matador St, Peru, IN 46970

## Location

- **Address:** 1551 N Matador St, Peru, IN 46970
- **County:** Miami
- **Coordinates:** 40.666131, -86.140887
- **Google Maps:** https://www.google.com/maps?q=40.666131,-86.140887

## Listing Agent

- **Name:** Luke Schrader
- **Brokerage:** Schrader Real Estate and Auction Company, Inc.
- **Broker Phone:** 260-244-7606
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1551-N-Matador-St_Peru_IN_46970_M94913-50716?f=listhub&s=NYSMLS&m=11639991&c=propsimple)

## Photos

![1551 N Matador St - Photo 1](http://lh.rdcpix.com/f25f5eb64f761c57f53a8f6ad28eebc5l-f1695655292r.jpg)

![1551 N Matador St - Photo 2](http://lh.rdcpix.com/f25f5eb64f761c57f53a8f6ad28eebc5l-f2926287517r.jpg)

![1551 N Matador St - Photo 3](http://lh.rdcpix.com/f25f5eb64f761c57f53a8f6ad28eebc5l-f3278203149r.jpg)

![1551 N Matador St - Photo 4](http://lh.rdcpix.com/f25f5eb64f761c57f53a8f6ad28eebc5l-f4056746668r.jpg)

![1551 N Matador St - Photo 5](http://lh.rdcpix.com/f25f5eb64f761c57f53a8f6ad28eebc5l-f2676617202r.jpg)

![1551 N Matador St - Photo 6](http://lh.rdcpix.com/f25f5eb64f761c57f53a8f6ad28eebc5l-f2959596793r.jpg)

![1551 N Matador St - Photo 7](http://lh.rdcpix.com/f25f5eb64f761c57f53a8f6ad28eebc5l-f3189560882r.jpg)

![1551 N Matador St - Photo 8](http://lh.rdcpix.com/f25f5eb64f761c57f53a8f6ad28eebc5l-f1990448113r.jpg)

---

**MLS#:** 11639991 | **Updated:** 2026-10-20
**Source:** listhub

*Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/1551-n-matador-st-peru-in-46970-df1af8ad7fee46fca8cd241ec4958c0a)

---

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