diff --git a/ktlint-ruleset-standard/src/main/kotlin/com/pinterest/ktlint/ruleset/standard/IndentationRule.kt b/ktlint-ruleset-standard/src/main/kotlin/com/pinterest/ktlint/ruleset/standard/IndentationRule.kt
index dd9c640b0c..38e0afaa08 100644
--- a/ktlint-ruleset-standard/src/main/kotlin/com/pinterest/ktlint/ruleset/standard/IndentationRule.kt
+++ b/ktlint-ruleset-standard/src/main/kotlin/com/pinterest/ktlint/ruleset/standard/IndentationRule.kt
@@ -69,6 +69,7 @@ import com.pinterest.ktlint.core.ast.isPartOfComment
 import com.pinterest.ktlint.core.ast.isWhiteSpace
 import com.pinterest.ktlint.core.ast.isWhiteSpaceWithNewline
 import com.pinterest.ktlint.core.ast.isWhiteSpaceWithoutNewline
+import com.pinterest.ktlint.core.ast.lineNumber
 import com.pinterest.ktlint.core.ast.nextCodeSibling
 import com.pinterest.ktlint.core.ast.nextLeaf
 import com.pinterest.ktlint.core.ast.nextSibling
@@ -446,7 +447,9 @@ public class IndentationRule :
         }) ?: return
         val nextSibling = n.treeNext
         if (!ctx.ignored.contains(p) && nextSibling != null) {
-            if (p.treeParent.elementType == PROPERTY_DELEGATE) {
+            if (p.treeParent.elementType == PROPERTY_DELEGATE &&
+                p.treeParent?.lineNumber() != p.treeParent.prevCodeSibling()?.lineNumber()
+            ) {
                 expectedIndent += 2
                 logger.trace { "$line: ++dot-qualified-expression in property delegate -> $expectedIndent" }
                 ctx.ignored.add(p)
diff --git a/ktlint-ruleset-standard/src/test/kotlin/com/pinterest/ktlint/ruleset/standard/IndentationRuleTest.kt b/ktlint-ruleset-standard/src/test/kotlin/com/pinterest/ktlint/ruleset/standard/IndentationRuleTest.kt
index b3a976a9b8..8d95801da6 100644
--- a/ktlint-ruleset-standard/src/test/kotlin/com/pinterest/ktlint/ruleset/standard/IndentationRuleTest.kt
+++ b/ktlint-ruleset-standard/src/test/kotlin/com/pinterest/ktlint/ruleset/standard/IndentationRuleTest.kt
@@ -3047,6 +3047,16 @@ internal class IndentationRuleTest {
                 .isFormattedAs(formattedCode)
         }
 
+        @Test
+        fun `Issue 1510 - Given a dot-qualified-expression as delegated property value starting on same line as previous code sibling`() {
+            val code =
+                """
+                val locale: Locale by option
+                    .default()
+                """.trimIndent()
+            indentationRuleAssertThat(code).hasNoLintViolations()
+        }
+
         @Test
         fun `Issue 1340 - Given a dot-qualified-expression wrapped in a block as delegated property value`() {
             val code =