#202511158, Jessica Mason, Listing office: KELLER WILLIAMS CAPITAL REALTY
1510 E Locust St Petersburg, IN 47567
Property details
About 1510 E Locust St
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.
Highlights
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Appliances: None
- Basement: No
- Interior: Hardwood Floors
- Total Bedroom Count: 2
- Architectural Style: Other
- Heating: Natural Gas, Hot Water
- List Price: $35,000
- Price/SqFt: $29
- Annual Tax Amount: $262
- Tax Year: 2023
- Directions: GPS Friendly
- Year Built: 1920
- Living Area: 1,184 SqFt
- Lot Size: 0.08 Acres
- MLS Number: 22048353
- MLS Name: MIBOR
- Office Name: Beycome Brokerage Realty LLC
- Office Email: contact@beycome.com
- Listing Agent: Steven Koleno
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
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Last updated on: 7/2/2025, 11:46:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $25,200 | $262 |
2021 | $20,300 | $215 |
2020 | $19,300 | $195 |
2018 | $18,300 | $187 |
2017 | $17,900 | $177 |
History based on county public records data.
Nearby schools
6
Petersburg Elementary School
Public District PK-5
0.2 mi
•1415 E Alford St
4
Winslow Elementary School
Public District PK-5
8.1 mi
•301 E Porter St
6
Veale Elementary School
Public District KG-6
9.1 mi
•326 E 450 S
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $44,288. Typical income of Petersburg, IN residents is between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 1510 E Locust St
The listing price of 1510 E Locust St property is $35,000.
The property 1510 E Locust St is a house located in Petersburg, Indiana, 47567.
Active Listing: 1510 E Locust St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1510 E Locust St are: Petersburg Elementary School (GreatSchools Rating 6/10), Winslow Elementary School (GreatSchools Rating 4/10), Veale Elementary School (GreatSchools Rating 6/10), Pike Central Middle School (GreatSchools Rating 4/10), Waldo J Wood Memorial Jr High School (GreatSchools Rating 5/10), Washington Junior High School (GreatSchools Rating 5/10), Pike Central High School (GreatSchools Rating 5/10), Waldo J Wood Memorial High School (GreatSchools Rating 6/10), South Knox Middle-High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2023 is $262 (source: MLS/based on county public records data).
The property at 1510 E Locust St has 2 bedrooms and 1 full and 1 half bathrooms.
The property 1510 E Locust St is 1,184 SqFt (source: MLS/tax record).
The year of construction for 1510 E Locust St is 1920.
This home is located at 1510 E Locust St in Petersburg, IN and zip code 47567. This 1,184 square foot home, which was built in 1920, sits on a 0.08 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 1, 2025 and is currently priced at $35,000.
In June 2025, from all listings sold in Petersburg, IN there were more than 0 sold above asking price, over 2 sold below and more than 3 were sold right at the asked price. The inventory of homes for sale in Petersburg, IN between May and June 2025 did not move.