c.1900 Affordable Indiana Home For Sale With Garage Under $50K
$49,900
This affordable Indiana home features 2 bedrooms—with potential for more—1 bathroom, a spacious kitchen and living room, plus enclosed porches at both the front and back for added living space.
Realtor Comments
Nice quiet area out of town with two parcels. Two car detached garage with lean-to plus and outbuilding. A very cute house with lots of potential. Original part of house seems very solid. The addition in the back has some structural issues making this a cash purchase. No contracts. No rent to own. Cash only.
- 2bed
- 1bath
- Circa 1900
305 E Maple St, Petersburg, IN 47567 $49,900
If interested in a property, please contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.
Pros of Living in Petersburg, IN
1. Affordable Cost of Living
Petersburg boasts a cost of living approximately 21% lower than the national average. Housing is particularly affordable, with median home prices around $142,900 and average rent for a two-bedroom apartment at $820 per month.
2. Low Crime Rates
The city experiences significantly lower crime rates compared to national averages, contributing to a sense of safety and security for residents.
3. Strong Community Feel
Residents often describe Petersburg as a family-friendly town with a strong sense of community. Local events and gatherings foster close-knit relationships among neighbors.
4. Access to Outdoor Recreation
Petersburg offers access to parks, lakes, and outdoor activities, allowing residents to enjoy nature and recreational opportunities.
5. Quality Education Initiatives
The Pike County School Corporation has been recognized for its educational programs, including being named a PLTW Distinguished School and having a top-ranked Career and Technical Education Cooperative.
Cons of Living in Petersburg, IN
1. Limited Amenities
The city has fewer amenities and entertainment options, often requiring residents to travel to nearby towns for a wider selection of restaurants, shopping, and services.
2. Limited Job Opportunities
Petersburg’s job market is relatively small, with limited employment opportunities outside of agriculture and local businesses.
3. Limited Public Transportation
Public transportation options are minimal, making a personal vehicle essential for commuting and accessing services.
4. Seasonal Weather Variability
Indiana’s climate includes hot, humid summers and cold winters, which may not appeal to everyone.
