NOT LISTED FOR SALE

516 S Main St Otterbein, IN 47970

Estimated Value: $203,000 - $246,000

3 Beds
2 Baths
2,225 Sq Ft
$101/Sq Ft Est. Value

Last Sold January 05, 2024

Last sale price $181,500 $82 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,359/month

4 Days on Market

Highlights

  • Vaulted Ceiling
  • Covered Patio or Porch
  • 2 Car Detached Garage
  • Traditional Architecture
  • Formal Dining Room
  • Skylights

About This Home

As of January 2024

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.

Last Agent to Sell the Property

Megan Clawson

BerkshireHathaway HS IN Realty Brokerage Phone: 765-586-5561 Listed on: 11/29/2023

BerkshireHathaway HS IN Realty

Last Buyer's Agent

Megan Clawson

BerkshireHathaway HS IN Realty Brokerage Phone: 765-586-5561 Listed on: 11/29/2023

BerkshireHathaway HS IN Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,700

Year Built

  • Built in 1900

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 218x42x232x50
  • Landscaped
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Formal Dining Room

Kitchen

  • Electric Oven or Range
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Partially Finished Basement

  • Sump Pump
  • Block Basement Construction

Eco-Friendly Details

  • Energy-Efficient HVAC
  • ENERGY STAR Qualified Equipment for Heating

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 04-11-33-114-016.000-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,700

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Age: 123
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 9
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: PT SE 1/4 NE 1/4 33-24-06.26A
  • Parcel Number ID: 04-11-33-114-016.000-002
  • Platted: Yes
  • Amenities: Built-In Bookcase, Cable Ready, Ceiling Fan(s), Ceilings-Vaulted, Closet(s) Walk-in, Countertops-Laminate, Deck Open, Disposal, Dryer Hook Up Electric, Landscaped, Natural Woodwork, Porch Covered, Range/Oven Hook Up Elec, Skylight(s), Split Br Floor Plan, Tub/Shower Combination, Formal Dining Room, Main Floor Laundry, Sump Pump, Washer Hook-Up
  • Location: City/Town/Suburb
  • Sp Lp Percent: 103.71
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2875
  • Total Finished Sq Ft: 2225
  • Above Grade Finished Sq Ft: 2225
  • Below Grade Sq Ft: 650
  • Price Per Sq Ft: 81.57
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 14x14, On Level: Main
  • Kitchen: Dimensions: 14x10, On Level: Main
  • Dining Room: Dimensions: 15x12, On Level: Main
  • Family Room: Dimensions: 18x12, On Level: Main
  • Bedroom 1: Dimensions: 22x17, On Level: Upper
  • Bedroom 2: Dimensions: 16x9, On Level: Upper
  • Bedroom 3: Dimensions: 19x9, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 650

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Shed, Dimensions: 10x12

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x22
  • Garage Sq Ft: 484
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: NIPSCO
  • Cable Company: Avenue
  • Hvac: Energy Star Heating
  • Laundry: Dimensions: Mainx10, On Level: 12

Condo/Co-op/Association

  • Common Amenities: Sidewalks

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 218x42x232x50
  • Estimated Lot Sq Ft: 12197
  • Estimated Lot Size Acres: 0.26

Green Features

  • Energy Efficient: HVAC

Tax Info

  • Annual Taxes: 1700
  • Exemptions: Homestead, Mortgage

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
Nov 29, 2023
Closed on
Jan 5, 2024
Sold by
Bondurant Franklin Junior and Bondurant Nadina
Bought by
Fleming Karen J and Fleming Michael
Seller's Agent
Megan Clawson
BerkshireHathaway HS IN Realty
Buyer's Agent
Megan Clawson
BerkshireHathaway HS IN Realty
List Price
$175,000
Sold Price
$181,500
Premium/Discount to List
$6,500
3.71%
Views
14
Current Estimated Value
$224,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,244
Avg. Annual Appreciation
13.15%
Original Mortgage
$127,050
Outstanding Balance
$124,966
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$99,778

Purchase Details

Closed on
Jun 25, 2010
Sold by
Weise Trisha G
Bought by
Franklin Junior Bonduran Franklin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
4.77%
Mortgage Type
VA

Purchase Details

Closed on
Jun 17, 2002
Sold by
Not Provided
Bought by
Not Provided

Purchase Details

Closed on
Jul 24, 1996
Sold by
Not Provided
Bought by
Not Provided
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Fleming Karen J -- Columbia Title
Franklin Junior Bonduran Franklin $137,800 --
Not Provided $59,000 --
Not Provided $78,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fleming Karen J $127,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2024 01/05/24 Sold $181,500 +3.7% $82 / Sq Ft
12/03/2023 12/03/23 Pending -- -- --
11/29/2023 11/29/23 For Sale $175,000 -- $79 / 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 $2,001 $233,500 $11,900 $221,600
2023 $1,733 $215,800 $10,900 $204,900
2022 $1,700 $201,200 $10,900 $190,300
2021 $1,189 $166,800 $10,900 $155,900
2020 $688 $133,900 $10,900 $123,000
2019 $594 $131,600 $10,500 $121,100
2018 $287 $115,500 $10,500 $105,000
2017 $254 $104,300 $10,500 $93,800
2016 $157 $98,000 $10,500 $87,500
2014 $245 $105,900 $13,500 $92,400
2013 $245 $95,500 $12,300 $83,200
Source: Public Records

Agents Affiliated with this Home

  • Megan Clawson

    Seller's Agent in 2024

    Megan Clawson

    BerkshireHathaway HS IN Realty

    (765) 586-5561

    100 Total Sales

    Megan Clawson
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202343393

Indiana Regional MLS

APN: 04-11-33-114-016.000-002

Indiana Benton County Otterbein 47970

516 S Main St, Otterbein, IN

This home is located at 516 S Main St, Otterbein, IN 47970 since 29 November 2023 and is currently estimated at $224,744, approximately $101 per square foot. This property was built in 1900. 516 S Main St is a home located in Benton County with nearby schools including Benton Central Junior/Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX 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. Information is deemed reliable but not guaranteed.

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