$140,000

2690 N SR 257, Otwell, IN 47564

  • 3 beds |
  • 1 bath |
  • 2,666 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1953
  • Property Lot Size Icon1.57acre lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $53/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

Looking for your next flip, investment, or DIY project? This 1953 brick home is the perfect blank canvas! Already framed for 3 bedrooms and 1 bathroom, it’s ready for you to bring your vision to life. The current layout includes a dedicated living room, dining area, kitchen, and even a potential main-floor laundry space. Plus, the basement makes accessing utilities a breeze during your remodel. An attached one-car garage offers a convenient space to store tools while you work. With Otwell water and sewer servicing the property, you won’t have to worry about maintaining a septic system. Sitting on +/-1.57 acres, the property features a 32'×60'×12' pole barn with electricity, a concrete floor, and a south-facing automatic overhead door. A sliding door on the east side opens to a sectioned-off area perfect for keeping projects organized. The east portion of the acreage offers space for parking equipment, future development, or expansion. Homes ready for immediate customization don’t come along often—most of the demo is already done, so you can start building on day one! Conveniently located between Petersburg, Jasper, and Washington, this location is sure to attract buyers from multiple areas. The home and garage are being sold as-is. Seller’s personal property in the home, garage, and pole barn is not included. Seller is open to offers to sell the house and pole barn separately. Cash or conventional financing only.

Listing Status:
Active
Date Added:
November 22, 2025
Data Last Updated:
April 5, 2026 at 7:57AM
Listing Office:
Whitetail Properties Real Estate : 217-285-9000
Listing Agent:
Zach Holt : 812-887-2954
MLS ID:
202547019
  • Basement: Full BasementUnfinished
  • A/C: Other
  • Heating: Other Heating Fuel
  • General: Brick
  • Style: RanchOne Story
  • School District: Pike County School Corp.
  • Zoning: 002 00401 01 Pt Se Nw 5 1 S 6 1.569 A63-08-05-200-012.000-002
  • Water: Public
  • Sewer: Public

This listing courtesy of Zach Holt , Whitetail Properties Real Estate

Monthly Payment

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

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

P

Petersburg Elementary School

1415 E Alford St, Petersburg, IN, 47567

Grades PK-5

9.29 miles away

P

Pike Central Middle School

1814 E State Road 56, Petersburg, IN, 47567

Grades 6-8

7.76 miles away

P

Pike Central High School

1810 E State Road 56, Petersburg, IN, 47567

Grades 9-12

7.76 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.