For sale

Price cut: $10K (6/15)

$767,000

11745 Otterbein Road SW, Laconia, IN 47135

4beds

2,371sqft

$4,730/mo

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Single Family Residence

Built in 1955

27.59 Acres Lot

$734,600 Zestimate^®

$323/sqft

$-- HOA

What's special

Spacious master suiteMetal roofSoaker tubUpdated homeStainless appliances to remainHuge pantryLarge island

This one in Harrison County has a lot to offer. Starting with 27.59 acres of privacy, 85% of which is pasture that is fenced with high tinsel wire, 3 pole barns & 2 sheds. This updated home offers 2371 sqft all on one level with 4 beds & 2 baths. You’ll appreciate the durability & low maintenance of the porcelain tile throughout, electrical & plumbing has been upgraded, new water heater, metal roof, new Pella windows & doors to name a few upgrades. The kitchen has granite counter tops, large island, stainless appliances to remain, and a HUGE pantry. It is worth talking about the spacious master suite – with a 7x4 walk in tile shower, soaker tub, convenient washer & dryer area & a HUGE closet with space galore for storage & organization. You’ll dream & make your plans on the 12x52 deck, consider the hunting possibilities or watch the wildlife in this peaceful quiet oasis.

145 days
335
17

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Bonus Room, Family Room

Primary bedroom

Description: Flooring: Tile
Level: First

Bedroom

Description: Flooring: Tile
Level: First

Bedroom

Description: Flooring: Tile
Level: First

Dining room

Description: Flooring: Tile
Level: First

Other

Description: Flooring: Tile
Level: First

Kitchen

Description: Flooring: Tile
Level: First

Living room

Description: Flooring: Tile
Level: First

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Dishwasher, Microwave, Oven, Range, Refrigerator
Laundry: Main Level, Other

Features

Bookcases, Ceiling Fan(s), Kitchen Island, Bath in Primary Bedroom, Main Level Primary, Mud Room, Pantry, Split Bedrooms, Utility Room
Windows: Thermal Windows
Basement: Crawl Space
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 2,371
Total interior livable area: 2,371 sqft
Finished area above ground: 2,371
Finished area below ground: 0

Video & virtual tour

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Property

Parking

Parking features: Barn

Features

Levels: One
Stories: 1
Patio & porch: Covered, Porch
Exterior features: Fence, Porch
Fencing: Yard Fenced
Has view: Yes
View description: Park/Greenbelt, Hills, Panoramic, Scenic

Lot

Size: 27.59 Acres
Features: Additional Land Available

Details

Additional structures: Barn(s), Pole Barn, Shed(s)
Parcel number: 311736100006000009
Zoning: Agri/ Residential
Zoning description: Agri/ Residential

Construction

Type & style

Home type: SingleFamily
Architectural style: One Story
Property subtype: Single Family Residence

Materials

Frame, Vinyl Siding
Foundation: Crawlspace, Slab
Roof: Metal

Condition

Resale
New construction: No
Year built: 1955

Utilities & green energy

Sewer: Septic Tank
Water: Connected, Public

Community & HOA

HOA

Has HOA: No

Location

Region: Laconia

Financial & listing details

Price per square foot: $323/sqft
Tax assessed value: $272,400
Annual tax amount: $1,633
Date on market: 4/20/2026
Cumulative days on market: 146 days
Listing terms: Cash,Conventional,FHA

Estimated market value

$734,600

$698,000 - $771,000

$2,159/mo

Price history

Date	Event	Price
6/15/2026	Price change	$767,000-1.3%$323/sqft
Source: SIRA #202607481 Report a problem
5/20/2026	Price change	$777,000-1%$328/sqft
Source: SIRA #202607481 Report a problem
4/20/2026	Listed for sale	$785,000-1.9%$331/sqft
Source: SIRA #202607481 Report a problem
3/9/2026	Listing removed	--
Source: Owner Report a problem
1/14/2026	Listed for sale	$799,999$337/sqft
Source: Owner Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,633 +8.4%	$272,400 +3.9%
2024	$1,507 -1.8%	$262,100 +7.6%
2023	$1,534 +15.5%	$243,500 +7.1%
2022	$1,329 +127.2%	$227,300 +18.7%
2021	$585 -12.4%	$191,500 +115.2%
2020	$668 -0.7%	$89,000 -5.7%
2019	$673 +6.7%	$94,400 -0.5%
2018	$630 -45.6%	$94,900 +4.7%
2017	$1,158 -1.3%	$90,600 -1.8%
2016	$1,174 -0.1%	$92,300 -6.3%
2014	$1,176 +9.2%	$98,500 +12.4%
2013	$1,076 +11%	$87,600 +4.3%
2012	$970 -6.3%	$84,000 -1.8%
2011	$1,035 +169.1%	$85,500 -3.9%
2010	$384 -0.1%	$89,000 +0.8%
2009	$385	$88,300 +2.8%
2007	--	$85,900 +5.3%
2006	--	$81,600