NOT LISTED FOR SALE

506 S Kerkhoff Ave Otterbein, IN 47970

Estimated Value: $155,000 - $202,000

3 Beds
2 Baths
1,605 Sq Ft
$115/Sq Ft Est. Value

Last Sold January 13, 2022

Last sale price $158,000 $98 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,099/month

Highlights

  • Primary Bedroom Suite
  • Corner Lot
  • Eat-In Kitchen
  • Ranch Style House
  • 2 Car Attached Garage
  • Bathtub with Shower

About This Home

As of January 2022

Welcome home to this one-owner ranch located in Otterbein. This 3 bed/2 full bath home is tucked away on a corner lot with lots to offer. Features include new carpet (Fall 2021) newer kitchen appliances (2020-2021), a fully fenced back yard, and a full 2 car garage. This home has an eat-in kitchen with an adjacent family room and living room with an extra bonus room that can be used as a home office or entertaining space. The layout also includes a master en-suite with 2 additional bedrooms with a second full bath. Enjoy relaxing and/or entertaining next to your fire pit on the back patio. This an Estate Sale which subject to approval of The Tippecanoe County Circuit Court. We do not anticipate there being a delay to closing.

Last Agent to Sell the Property

Spencer Childers

Keller Williams Lafayette Listed on: 12/03/2021

Keller Williams Lafayette

Last Buyer's Agent

Amanda Oakley

Trueblood Real Estate

Trueblood Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $713

Year Built

  • Built in 1980

Lot Details

  • 7,600 Sq Ft Lot
  • Lot Dimensions are 80x95
  • Rural Setting
  • Property is Fully Fenced
  • Vinyl Fence
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,605 Sq Ft Home
  • Ceiling Fan
  • Attic Fan

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Basement

  • Block Basement Construction
  • Crawl Space

Schools

  • Otterbein Elementary School
  • Benton Central Middle School
  • Benton Central High School

Utilities

  • Central Air
  • Baseboard Heating

Additional Features

  • Patio
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 79-01-34-153-006.000-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$713

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1980
  • Age: 41
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: KERKHOFF 1ST ADDN TO TOWN OF OTTERBEINLOT 84
  • Parcel Number ID: 79-01-34-153-006.000-016
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Countertops-Laminate, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Garage Door Opener, Patio Open, Range/Oven Hook Up Elec, Tub/Shower Combination, Main Level Bedroom Suite, Main Floor Laundry, Washer Hook-Up
  • Inside City Limits: Yes
  • Location: City/Town/Suburb, Rural Subdivision
  • Road Access: City
  • Road Surface: Paved
  • Sp Lp Percent: 98.81
  • Year Taxes Payable: 2021
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1605
  • Total Finished Sq Ft: 1605
  • Above Grade Finished Sq Ft: 1605
  • Price Per Sq Ft: 98.44
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Flooring: Carpet, Laminate, Vinyl
  • Living Great Room: Dimensions: 19x14, On Level: Main
  • Kitchen: Dimensions: 13x10, On Level: Main
  • Family Room: Dimensions: 17x11, On Level: Main
  • Den: Dimensions: 10x11, On Level: Main
  • Bedroom 1: Dimensions: 11x12, On Level: Main
  • Bedroom 2: Dimensions: 10x11, On Level: Main
  • Bedroom 3: Dimensions: 8x8, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: Shed, Dimensions: 10x14, 140
  • Fence: Full, Vinyl

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x23
  • Garage Sq Ft: 460
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Baseboard
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Cable Company: Comcast
  • Hvac: Attic Fan, Ceiling Fan

Schools

  • School District: Benton Community
  • Elementary School: Otterbein
  • Middle School: Benton Central
  • High School: Benton Central
  • Elementary School: Otterbein

Lot Info

  • Lot Description: Corner, Level, 0-2.9999
  • Lot Dimensions: 80x95
  • Estimated Lot Sq Ft: 7600
  • Estimated Lot Size Acres: 0.175
  • Lot Number: 84

Tax Info

  • Annual Taxes: 712.53
  • Exemptions: Homestead, Supplemental

MLS Schools

  • High School: Benton Central
  • Middle School: Benton Central
  • School District: Benton Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2021
Closed on
Jan 13, 2022
Sold by
Jane Oliphant Mary
Bought by
Schaible Cody and Schaible Stacey
Seller's Agent
Spencer Childers
Keller Williams Lafayette
Buyer's Agent
Amanda Oakley
Trueblood Real Estate
List Price
$159,900
Sold Price
$158,000
Premium/Discount to List
-$1,900
-1.19%
Current Estimated Value
$184,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,668
Avg. Annual Appreciation
5.03%
Original Mortgage
$150,590
Outstanding Balance
$140,100
Interest Rate
3.05%
Mortgage Type
FHA
Estimated Equity
$48,646
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Schaible Cody $158,000 Metropolitan Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaible Cody $150,590
Previous Owner Oliphant Mary J $45,530
Previous Owner Oliphant Mary J $24,408
Previous Owner Oliphant Mary Jane $29,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2022 01/13/22 Sold $158,000 -1.2% $98 / Sq Ft
12/03/2021 12/03/21 Pending -- -- --
12/03/2021 12/03/21 For Sale $159,900 -- $100 / 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 $1,109 $129,200 $16,800 $112,400
2023 $1,089 $127,700 $16,800 $110,900
2022 $846 $100,900 $16,800 $84,100
2021 $773 $95,600 $16,800 $78,800
2020 $679 $91,100 $16,800 $74,300
2019 $630 $91,100 $16,800 $74,300
2018 $590 $86,800 $12,800 $74,000
2017 $565 $84,600 $12,800 $71,800
2016 $443 $80,900 $12,800 $68,100
2014 $352 $76,900 $12,800 $64,100
2013 $384 $77,800 $12,800 $65,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202149860

Indiana Regional MLS

APN: 79-01-34-153-006.000-016