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Sr 61, Petersburg, IN 47567

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For Sale

$299,900

40 acres

Estimated Payment

$ 1,577 /mo. †

6.65% APR for 30 yrs.
$446 in taxes
Change Loan Terms

  • Other Residential
    Property type

  • 40 acres
    Lot size

Explore this Property

Located along State Road 61 on the Pike/Warrick County line, this 40-acre property offers a prime investment opportunity. With 39.16+/- FSA tillable acres, about half of which has been reclaimed, this land is currently under an active mine lease. The property is sold with all the owner s rights, making it a valuable long-term asset. While the property may not be ideal for immediate building, it features nearly 2,600 feet of road frontage along SR-61, providing access to water, electric, natural gas, and sewer utilities. This infrastructure suggests future potential once mining operations conclude, opening doors for development or other uses. The farm's soils, though partially reclaimed, have been well-maintained by the current farmer and continue to deliver consistent, respectable crop yields. This makes it an attractive option for those seeking both agricultural productivity and long-term investment potential. With excellent road frontage, utilities in place, and potential post-mining opportunities, this property presents a unique opportunity for investors.
MLS# 202438614

Courtesy Of William Minor

(217) 285-9000

Property Features

  • Architecture Style
    Other
  • Lot Size
    40 Acres

Home seller CENTURY 21 Classic Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Classic Realty

(812) 254-5204
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $1,540
  • Property Taxes
    $37
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $1,577

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

We don't have all the school attendance zone information for this listing. Contact a local CENTURY 21 office for more information.

Local area information for Petersburg, IN 47567

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Petersburg, IN 47567

This community’s employment is highest in the sales and administrative support industries. The area’s overall household expenses are above the national average.

88° July
Hottest Average Month
22° January
Coldest Average Month
2,526 Total Households in Area
-0.3% Increase in population since the year 2010
21.4%
of households
have children
25 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Petersburg, IN 47567

Petersburg, IN 47567 has a population of 6,091 people in 2,526 households with a median age of 46 years old.

-0.3%
Decrease in population
since the year 2010
Population is Trending down
2,465
Total households as of 2010
2.3%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 46 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 96%
Hispanic 1%
Other <1%
Black <1%
Native American <1%
Asian <1%
The most prevalent ethnicity is White at 96%, followed by Hispanic at 1%, Other at <1%, and Black at <1%.

Economics
for Petersburg, IN 47567

51 /sq mi
Population Density
$59,249 /yr
Median Household Income
$233,750
Median Sales Price
25 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 15.08% of the households.

Transportation to Work

  • Drive 94%
  • Work from Home 4%
  • Walk or Bike 2%
  • Public Transit 0%

Occupancy by Type

Owned 2,127 76%
Rented 399 14%
Vacant 281 10%

White vs Blue Collar Jobs







White Collar 51%
Blue Collar 50%

Family & Education Facts
for Petersburg, IN 47567

46 Median Age

Average Household Size

2.4
persons per
household

51.9%

Married Households

Community Population By Education

High School Graduate 45%
Some College 18%
Some High School 13%
Bachelors Degree 10%
Associates Degree 8%
Graduate Degree 6%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 45.35% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
21.4% of households have children

Weather
for Petersburg, IN 47567

The weather for this area ranges from a high of 88° F in July to a low of 22° F in January

88° July
Hottest Average Month
22° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
22°
40°
Feb
24°
44°
Mar
33°
54°
Apr
44°
66°
May
53°
76°
Jun
62°
84°
Jul
66°
88°
Aug
64°
87°
Sep
57°
81°
Oct
45°
70°
Nov
35°
55°
Dec
26°
43°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 Bloomington MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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. Information being provided is 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.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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