1869 N Sr 257, Otwell, IN 47564

Local realty services provided by:ERA Crossroads
1869 N Sr 257,Otwell, IN 47564
$390,000
  • 16 Beds
  • 12 Baths
  • 42,079 sq. ft.
  • Multi-family
  • Active
Listed by: briar meadors, zach holtcell: 812-354-4542
Office: whitetail properties real estate
MLS#:202635486
Source:Indiana Regional MLS

Price summary

  • Price:$390,000
  • Price per sq. ft.:$9.27

About this home

Located at 1869 N SR 257 in Otwell, Pike County, Indiana, this former Otwell Elementary School building is offered for sale on +/-10.79 acres. It is a rare renovation opportunity: +/-42,079 square feet under roof, built in 1973 with a 2001 addition featuring two-sided access, offered with complete building plans for the entire structure, included in the sale! The floor plan offers room for reinvention. Sixteen classrooms arranged in a rectangular layout provide a buyer with a wide range of flexible space to reconfigure, alongside a front office, library, kitchen, and stage. The combined gym and cafeteria is approximately 8,000 square feet of open, high-ceilinged space. Absent area zoning, the building holds potential to be redeveloped to fit your needs! Whether it be apartment residential housing, office space, an assisted living home, or a company's new headquarters and assembly facility! Multiple entrances and blacktop parking front and rear support a range of new uses, from...

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Home facts

  • Year built:1973
  • Subdivision & Development:None
  • Listing ID #:202635486
  • Added:1 day(s) ago
  • Updated:August 29, 2026 at 03:55 AM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:12
  • Full bathrooms:2
  • Living area:42,079 sq. ft.

Structure and exterior

  • Year built:1973
  • Building area:42,079 sq. ft.
  • Lot area:10.79 Acres
  • Lot Features:Irregular
  • Construction Materials:Brick

Schools

  • High school:Pike Central
  • Middle school:Pike Central
  • Elementary school:Petersburg

Utilities

  • Water:Public
  • Sewer:Public

Finances and disclosures

  • Price:$390,000
  • Price per sq. ft.:$9.27

Features and amenities

  • Amenities:Court-Basketball, Court-Tennis, Storage

Parking

  • Parking description:Paved Parking
IRMLS information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2026 Indiana Regional MLS LLC.