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Experience the best of country living on this beautiful acreage featuring the perfect blend of mature timber, open pasture, and a scenic creek. Inside, you'll love the original woodwork, hardwood floors, fresh paint throughout, updated windows, and a spacious deck overlooking the peaceful countryside. Whether you're dreaming of horses, chickens, a hobby farm, or ATV and walking trails, this property offers endless possibilities, with an 18'x21' lean-to, 14'x14' shed, grain bin, and a detached 3-car garage with workshop space. Deer, turkey, and pheasant are frequent visitors, while black walnut and add to the picturesque setting. Warren County Rural Water, private septic, propane, separate well for livestock, Windstream high-speed internet, and a hard-surface road. Bring the horses, chickens, and ATVs—this acreage is ready for it all!

Highlights

  • Residential
  • Built in 1920
  • 7.93 Acre Lot
  • 3 Car Garage
  • 97 days on Market

  • Bedrooms
    4
  • Bathrooms
    1 full · 1 half
  • Year Built
    1920
  • Stories
    2.0
  • Architectural Style
    Two Story
  • Construction Materials
    Frame
  • Garage Spaces
    3.0
  • Parking Features
    Garage, Detached
  • Living Area
    2048.0
  • Appliances
    Dryer, Dishwasher, Refrigerator, Washer, Cooktop
  • Flooring
    Hardwood, Tile
  • Exterior Features
    Storage, Fire Pit
  • Patio And Porch
    Deck, Porch, Screened
  • Security Features
    Smoke Detector(s)
  • Cooling
    Central Air
  • Heating
    Propane
  • Basement
    Unfinished

  • Acres
    7.93
  • Lot Features
    Irregular Lot
  • Water
    Well

  • Area
    Peru
  • County
    Madison
  • City
    Peru
  • Zip Code
    50222

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Frequently Asked Questions

How do I schedule a tour of 408 E Emerson St?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 408 E Emerson St.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 408 E Emerson St?

Click Ask a Question to talk with our team. You already know it is a 4 bed, 1 bath, listed for $389,900. We can talk through recent upgrades, potential seller motivation, how this residential compares to others in Peru, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 408 E Emerson St?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 408 E Emerson St at around $2,684. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 408 E Emerson St?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Madison County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 408 E Emerson St?

In most cases, yes. Whether 408 E Emerson St is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Peru's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 408 E Emerson St?

We can handle that for you. Our preferred local agent specializes in residentials in Peru and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $389,900 with 2,048 sqft of space—that comes out to approximately $190 per square foot.

How long has this property been on the market?

408 E Emerson St was listed on August 06, 2026, which means it's been on the market for 97 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1920, making it approximately 106 years old.

What is the lot size of this property?

408 E Emerson St sits on a 7.93-acre lot, which is 345,431 square feet.

What are the property taxes for 408 E Emerson St?

The most recent public record shows annual property taxes for 408 E Emerson St were approximately $5,579. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 408 E Emerson St still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data


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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, Des Moines Area Association of REALTORS. All rights reserved.

Last Updated: November 11, 2026 at 02:55AM | Source: Des Moines Area Association of REALTORS | MLS#: 746712