$140,000

2690 N Sr 257 Otwell, IN 47564

Estimated payment $988/month

3 Beds
0.5 Bath
1,333 Sq Ft
$105 Price per Sq Ft

About This Home

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 Agent

Zach Holt

Whitetail Properties Real Estate Brokerage Phone: 812-887-2954 Listed on: 11/22/2025

Whitetail Properties Real Estate

Co-Listing Agent

Kris Christianson

Whitetail Properties Real Estate Brokerage Phone: 812-887-2954

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,990

Year Built

  • Built in 1953

Lot Details

  • 1.57 Acre Lot
  • Irregular Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 0.5 Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • 1 Bathroom in Basement

Schools

  • Petersburg Elementary School
  • Pike Central Middle School
  • Pike Central High School

Listing and Financial Details

  • Assessor Parcel Number 63-08-05-200-012.000-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,990

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1953
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: 002 00401 01 Pt Se Nw 5 1 S 6 1.569 A
  • Parcel Number ID: 63-08-05-200-012.000-002
  • Platted: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2666
  • Total Finished Sq Ft: 1333
  • Above Grade Finished Sq Ft: 1333
  • Below Grade Sq Ft: 1333
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Block
  • Bedroom 1: Dimensions: 10x10, On Level: Main
  • Bedroom 2: Dimensions: 10x10, On Level: Main
  • Bedroom 3: Dimensions: 10x10, On Level: Main
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1333

Exterior Features

  • Exterior: Brick
  • Outbuilding1: Barn, Dimensions: 32x60

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 25x15
  • Garage: Yes

Utilities

  • Sewer: Public
  • Water Utilities: Public

Schools

  • Elementary School: Petersburg

Lot Info

  • Lot Description: Irregular, 0-2.9999
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 68389
  • Estimated Lot Size Acres: 1.57

Tax Info

  • Annual Taxes: 2990

MLS Schools

  • High School: Pike Central
  • Middle School: Pike Central
  • School District: Pike County School Corp.

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,140 $145,800 $17,500 $128,300
2023 $2,940 $141,300 $16,800 $124,500
2022 $2,955 $141,900 $23,800 $118,100
2021 $2,607 $124,300 $21,400 $102,900
2020 $2,509 $119,900 $20,900 $99,000
2019 $2,435 $117,200 $22,600 $94,600
2018 $2,337 $115,500 $22,600 $92,900
2017 $2,278 $113,500 $23,900 $89,600
2016 $2,221 $112,000 $24,400 $87,600
2014 $1,972 $106,800 $24,400 $82,400
2013 -- $104,500 $22,300 $82,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2025 11/22/25 For Sale $140,000 -- $105 / Sq Ft
Source: Indiana Regional MLS

Source: Indiana Regional MLS

MLS Number: 202547019

Indiana Regional MLS

APN: 63-08-05-200-012.000-002