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Exceptional opportunity awaits in Petersburg! This property offers a projected high After Repair Value (ARV) , making it an outstanding prospect for a savvy investor's next fix-and-flip or a homeowner ready to create their personalized dream residence. A rare find, this home includes two adjacent parcels, expanding the total lot size to a generous 7,000 sqft - providing ample space for expansion, significant outdoor living, or future development. The price point offers tremendous value. Key updates already in place include newer windows, a recently installed hot water tank, and a furnace that is approximately 5 years old, reducing initial capital outlay. This 1920-built home currently requires a new roof, comprehensive cosmetic updates throughout, and new plumbing. Don't miss this unique chance to capitalize on a property with substantial potential for equity growth in a desirable location.
Property Type(s):
Single Family
Last Updated | 7/1/2025 | Tract | Sub Not Found In Table |
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Year Built | 1920 | Community | 6304 - Pike - Washington |
County | Pike |
SCHOOLS
Jr. High School | Pike Central Middle School |
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High School | Pike Central High School |
Additional Details
APPLIANCES | None |
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AREA | 6304 - Pike - Washington |
BASEMENT | Crawl Space |
CONSTRUCTION | Other |
HEAT | Hot Water, Natural Gas |
LOT | 3485 sq ft |
STORIES | 1 |
STYLE | Other |
SUBDIVISION | Sub Not Found In Table |
Location
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Listed with Beycome Brokerage Realty LLC
Listing information is deemed reliable, but not guaranteed.
© 2025 Metropolitan Indianapolis Board of REALTORS®
© 2025 Metropolitan Indianapolis Board of REALTORS®
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