Closed

$181,500

516 S Main St, Otterbein, IN 47970

3beds

2,225sqft

Single Family Residence

Built in 1900

0.26 Acres Lot

$231,800 Zestimate^®

$--/sqft

$1,640 Estimated rent

Home value

$231,800

$213,000 - $253,000

$1,640/mo

Zestimate^® history

Owner options

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$1,640/mo

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$1,640/mo

Rent Zestimate^®

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$1,148/mo

Est. payment

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$1,148/mo

Est. payment

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What's special

Large laundry roomWalk in storage closetNew furnaceEnclosed porchLarge tiled showerCozy covered front porch

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.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Bedroom 1

Level: Upper

Bedroom 2

Level: Upper

Dining room

Level: Main
Area: 180
Dimensions: 15 x 12

Family room

Level: Main
Area: 216
Dimensions: 18 x 12

Kitchen

Level: Main
Area: 140
Dimensions: 14 x 10

Living room

Level: Main
Area: 196
Dimensions: 14 x 14

Heating

Natural Gas, Forced Air, ENERGY STAR Qualified Equipment

Cooling

Central Air

Appliances

Included: Disposal, Range/Oven Hook Up Elec, Dishwasher, Microwave, Refrigerator, Electric Range, Gas Water Heater, Water Softener Owned
Laundry: Electric Dryer Hookup, Main Level, Washer Hookup

Features

Bookcases, Ceiling Fan(s), Vaulted Ceiling(s), Walk-In Closet(s), Laminate Counters, Natural Woodwork, Split Br Floor Plan, Tub/Shower Combination, Formal Dining Room
Flooring: Carpet, Vinyl
Windows: Skylight(s), Window Treatments, Blinds
Basement: Partial,Unfinished,Block,Sump Pump
Has fireplace: No

Interior area

Total structure area: 2,875
Total interior livable area: 2,225 sqft
Finished area above ground: 2,225
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Detached, Gravel
Garage spaces: 2
Has uncovered spaces: Yes

Features

Levels: Two
Stories: 2
Patio & porch: Deck, Porch Covered

Lot

Size: 0.26 Acres
Dimensions: 218x42x232x50
Features: Level, City/Town/Suburb, Landscaped

Details

Additional structures: Shed
Parcel number: 041133114016.000002
Other equipment: Sump Pump

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Vinyl Siding

Condition

New construction: No
Year built: 1900

Utilities & green energy

Electric: Duke Energy Indiana
Gas: NIPSCO
Sewer: City
Water: City
Utilities for property: Cable Connected

Green energy

Energy efficient items: HVAC

Community & HOA

Community

Features: Sidewalks
Subdivision: None

Location

Region: Otterbein

Financial & listing details

Tax assessed value: $227,100
Annual tax amount: $1,700
Date on market: 1/6/2024

Price history

Date	Event	Price
1/5/2024	Sold	$181,500+3.7%
Source: IRMLS #202343393 Report a problem
12/4/2023	Pending sale	$175,000
Source: IRMLS #202343393 Report a problem
12/1/2023	Listed for sale	$175,000+196.6%
Source: IRMLS #202343393 Report a problem
6/17/2002	Sold	$59,000-25.1%$27/sqft
Source: Public Record Report a problem
7/24/1996	Sold	$78,800$35/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,001 +15.4%	$227,100 -2.7%
2024	$1,733 +2%	$233,500 +8.2%
2023	$1,700 +43%	$215,800 +7.3%
2022	$1,189 +72.7%	$201,200 +20.6%
2021	$688 +15.9%	$166,800 +24.6%
2020	$594 +106.8%	$133,900 +1.7%
2019	$287 +13.2%	$131,600 +13.9%
2018	$254 +91.8%	$115,500 +10.7%
2017	$132	$104,300 +6.4%
2016	$132 -46%	$98,000 -7.5%
2014	$245 +113.8%	$105,900 +10.9%
2013	$115 -43.3%	$95,500 -8.7%
2012	$202 -16.8%	$104,600 -1.6%
2011	$243 +23.1%	$106,300 +4.6%
2010	$197 -73.9%	$101,600 -2.8%
2009	$757 +75.6%	$104,500 -0.9%
2007	$431 -69.2%	$105,400 -6.6%
2006	$1,398	$112,900 +5.5%
2005	--	$107,000