$135,000
SOLD SEP 28, 2012

10227 E 500 S Otterbein, IN 47970

4 Beds
2 Baths
3,472 Sq Ft
5.17 Acres

Recently Sold

$39 Per Sq Ft

7% Below List Price

12 Days on Market

Highlights

  • Partially Wooded Lot
  • Pole House Architecture
  • Woodwork
  • Wood Flooring
  • Community Pool
  • Entrance Foyer

About This Home

As of August 2025

LG COUNTRY HOME W/5+ ACRES, 2 POLE BLDGS & 5 BINS. HUGE FAMILY ROOM W/FIREPLACE, LG LIVING ROOM, EAT-IN KITCHEN, SPACIOUS 4+ BR & 2 BA, OFFICE & HOBBY ROOM. 2848 SF. APPLIANCES NEGOTIABLE.

Last Agent to Sell the Property

Virginia Alberts

F C Tucker/Lafayette Inc Listed on: 08/16/2012

Last Buyer's Agent

Marilyn Young

YBS Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,560

Year Built

  • Built in 1960

Lot Details

  • 5.17 Acre Lot
  • Level Lot
  • Partially Wooded Lot

Home Design

  • Pole House Architecture
  • Tri-Level Property
  • Poured Concrete
  • Wood Siding

Interior Spaces

  • Woodwork
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Entrance Foyer
  • Wood Flooring
  • Partially Finished Basement
  • Block Basement Construction
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Oil
  • Well
  • Septic System

Community Details

  • Community Pool

Listing and Financial Details

  • Assessor Parcel Number 04-11-08-600-005.000-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,560

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1960
  • Age: 53
  • Style: Tri-Level
  • Total Number of Rooms: 9
  • Bedrooms: 4
  • Total Full Bathrooms: 2
  • Legal Description: PT SW 1/4 08-24-06 2.17 ACRES
  • Parcel Number ID: 04-11-08-600-005.000-001
  • Amenities: Ceiling Fan(s), Deck Open, Detector-Smoke, Foyer Entry, Natural Woodwork
  • Sp Lp Percent: 93.17
  • Special Features: None

Interior Features

  • Total Finished Sq Ft: 3472
  • Above Grade Finished Sq Ft: 2848
  • Below Grade Finished Sq Ft: 624
  • Price Per Sq Ft: 47.4
  • Basement Foundation: Partial Basement
  • Basement Material: Block, Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm, Fireplace Insert
  • Flooring: Hardwood Floors
  • Living Great Room: Dimensions: 14x23, On Level: Main
  • Kitchen: Dimensions: 11x24, On Level: Main
  • Family Room: Dimensions: 16x29, On Level: Lower
  • Extra Room: OFF, Dimensions: 12x13, On Level: Lower
  • Bedroom 1: Dimensions: 15x15, On Level: Lower
  • Bedroom 2: Dimensions: 11x14, On Level: Upper
  • Bedroom 3: Dimensions: 11x12, On Level: Upper
  • Bedroom 4: Dimensions: 11x11, On Level: Upper
  • Other Room1: hob, Dimensions: 12x15, On Level: Lower
  • Other Room 2: LAU, Dimensions: 5x9, On Level: Lower
  • Other Room 3: KIT, Dimensions: 6x11, On Level: Lower
  • Total Below Grade Sq Ft: 624

Exterior Features

  • Exterior: Wood
  • Outbuilding1: Pole/Post Building
  • Pool: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Oil, Baseboard
  • Sewer: Septic
  • Water Utilities: Well

Schools

  • Elementary School: Otterbein
  • Middle School: Clinton Prairie
  • High School: Benton Central

Lot Info

  • Lot Description: Level, Partially Wooded
  • Lot Dimensions: 5.17 A
  • Estimated Lot Sq Ft: 225205
  • Estimated Lot Size Acres: 5.17
  • Zoning: AG General Agriculture District

Tax Info

  • Annual Taxes: 1560
  • Total Assessed Value: 157700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2025
Closed on
Aug 11, 2025
Sold by
Gick Brady D and Gick Emily A
Bought by
Horwedel Garrett W and Horwedel Carly P
Seller's Agent
Cathy Russell
@properties
Buyer's Agent
Cathy Russell
@properties
List Price
$375,000
Sold Price
$375,000
Views
87

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.00%
Original Mortgage
$337,500
Outstanding Balance
$337,500
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$37,761

Purchase Details

Listed on
May 8, 2022
Closed on
Jun 28, 2022
Sold by
Troyer Daniel and Troyer Sara
Bought by
Gick Brady D and Gick Emily A
Seller's Agent
Chad Spitznagle
Weichert Realtors Len Wilson
Buyer's Agent
Glenda Vanaman
F.C. Tucker/Shook
List Price
$399,000
Sold Price
$376,000
Premium/Discount to List
-$23,000
-5.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.09%

Purchase Details

Listed on
Aug 16, 2012
Closed on
Sep 28, 2012
Sold by
Charlesworth Ronald Glenn
Bought by
Troyer Daniel and Troyer Sara
Seller's Agent
Virginia Alberts
F C Tucker/Lafayette Inc
Buyer's Agent
Marilyn Young
YBS Realty LLC
List Price
$144,900
Sold Price
$135,000
Premium/Discount to List
-$9,900
-6.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.08%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Metropolitan Title
Deed $135,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2025 08/11/25 Sold $375,000 0.0% $173 / Sq Ft
07/06/2025 07/06/25 Pending -- -- --
07/01/2025 07/01/25 For Sale $375,000 -0.3% $173 / Sq Ft
06/28/2022 06/28/22 Sold $376,000 -5.8% $133 / Sq Ft
05/21/2022 05/21/22 Pending -- -- --
05/08/2022 05/08/22 For Sale $399,000 +195.6% $141 / Sq Ft
09/28/2012 09/28/12 Sold $135,000 -6.8% $39 / Sq Ft
08/28/2012 08/28/12 Pending -- -- --
08/16/2012 08/16/12 For Sale $144,900 -- $42 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,587 $343,800 $43,800 $300,000
2023 $2,340 $322,600 $28,700 $293,900
2022 $1,961 $256,500 $28,700 $227,800
2021 $1,386 $199,800 $28,700 $171,100
2020 $1,173 $185,100 $28,700 $156,400
2019 $584 $129,700 $28,700 $101,000
2018 $499 $140,800 $28,700 $112,100
2017 $542 $124,700 $28,700 $96,000
2016 $482 $117,800 $28,700 $89,100
2014 $513 $128,300 $29,500 $98,800
2013 $513 $116,000 $26,900 $89,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 345642

Indiana Regional MLS

APN: 04-11-08-600-005.004-001