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(SOLD) $181,500

516 S Main Street Otterbein, IN  47970

  • 3 Beds
  • 2 Baths
  • 2,225 sq. Ft

Property Description for 516 S Main Street Otterbein, IN 47970

This quaint two-story home sits on a tree-lined street in the charming small town of Otterbein! Its exterior features a cozy covered front porch as well as an enclosed porch in the back, to enjoy watching the sun rise and snow fall! There’s also an open back patio/deck area for those nice evenings outdoors! The first floor boasts ample space for a growing family with a large laundry room, walk in storage closet and 2 living areas. Upstairs, three bedrooms offer a split floor plan. The primary bedroom features a nice sized walk in closet, large tiled shower & sunlight from the skylight. New furnace installed November 2023. The home exudes a sense of warmth and community, making it a perfect fit for small-town living. Being sold as is.

Address:516 S Main Street Otterbein IN 47970
Status:Sold
Sold On: 1/5/2024
Price:$175,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:2,225
Year Built:1900
Lot Size:0.26
County: Benton County
Township: Bolivar
School System : Benton Community
MLS #:202343393
Property Type:Site-Built Home

Lot Dimensions:218x42x232x50
Lot Description:Level
Directions:US 52W to Otterbein turn left on Main St.(at Dugout stand) follow through town; home on right; shared driveway
Total Sq. Ft. :2,225
Garage:Detached
Basement:Yes

Loan Price
$1,165
Price And Interest $947/month
Property Tax $142/month
MTG INS $0/month
HOME INS $76/month
Price
$181,500
Down Payment %
0 %
Down Payment
$0
Property Taxes
$142/month
Home Owner Insurance
$912 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Master Bedroom 22 x 17 Upper
2nd Bedroom 16 x 9 Upper
3rd Bedroom 19 x 9 Upper
Kitchen 14 x 10 Main
Family Room 18 x 12 Main
Dining Room 15 x 12 Main
Living Room 14 x 14 Main

Semi-Annual Property Tax:$850
Tax Year:2022
Mandatory HOA Fee:$

Subdivision: None
Zip Code:47970

School System:Benton Community
High School:Benton Central
Middle School:Benton Central
Elementary School:Otterbein

Total Sq. Ft.:2,225
Appliances:Dishwasher, Microwave, Refrigerator, Window Treatments, Range-Electric, Sump Pump, Water Heater Gas, Water Softener-Owned, Window Treatment-Blinds
Exterior Features:Vinyl
Fuel:Gas, Forced Air
Cool:Central Air
Heat:Gas, Forced Air
Total Rooms:9
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Schools in 516 S Main Street Otterbein, IN  47970


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Listing provided courtesy of Megan Clawson with Keller Williams Lafayette

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.



Otterbein Market Report

117
Avg. DOM
$142.67
Avg. $ / Sq.Ft.
$ 204,900
Med. List Price

The house prices in Otterbein are not dropping at the moment. There has been a increase in price of $205,225.00. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Otterbein are going Up. The average house price is $219,900.00 and the average price per square feet is $151.04 per square feet. At the moment, the amount of homes listed is exactly 37 houses, with 5 with active status, 3 with pending status and 29 sold in Otterbein .

The most popular place to buy a home in Otterbein is Other. Other is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Otterbein .

The average amount of property taxes you would have to pay for a home in Otterbein is $1,473.04. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Otterbein are staying listed for an average of 44 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Otterbein was 36458 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Otterbein is $575,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Otterbein is $45,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Otterbein in year 1816 and the newest built house is in year 2022.

The average size of properties in Otterbein is 1927 sq.ft. , the biggest one being 3210 sq.ft. and the smaller being 1216 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.