- 4 beds
- 2 baths
- 11 sqft
- ~4 acre lot
- $34,090 per sqft
- – on site
Welcome to 10227 E 500 S in Otterbein—where freedom meets comfort! This 4-bedroom, 2-bathroom home sits on over 3.5 unrestricted acres with no HOA, so you can enjoy your land your way—bring your animals, park your vehicles, and make it your own. Recent updates include a new A/C and a newer well pump for added peace of mind. Inside, you’ll find a cozy living room with a wood-burning fireplace, a jetted tub in the primary bath, and a partially finished basement perfect for a rec room or playroom. Step outside to enjoy the above-ground pool with a surrounding deck—great for relaxing or entertaining. The attached garage doubles as a man cave with its own fireplace and TV hookup, and there’s plenty of storage in the outbuilding. An additional pole barn is available for purchase at $100,000. Call your favorite realtor to schedule a private showing today!
Last checked:
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Checking…
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Last updated Jul 1, 2025
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MLS# 202525294 —
The Building
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Year Built:1960
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New Construction:No
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Style:Tri-Level
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Exterior:Vinyl
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Amenities:Ceiling Fan(s), Ceilings-Beamed, Deck Open, Detector-Smoke, Garage Door Opener, Range/Oven Hook Up Elec, Tub and Separate Shower, Tub/Shower Combination
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Basement:Yes
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Basement/Foundation:Slab, Partial Basement
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Total SqFt:2165
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Total Finished SqFt:2165
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Above Grade Finished SqFt:1809
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Below Grade Finished SqFt:356
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Total Below Grade SqFt:356
Interior
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Kitchen Level:Main
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Dining Room Level:Main
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Living/Great Room Level:Main
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Laundry Level:Lower
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Recreation Room Level:Basement
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# of Fireplaces:2
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Fireplace:Living/Great Rm, Wood Burning Stove
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Fireplace:Yes
Room Dimensions
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Kitchen Length:15
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Kitchen Width:11
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Dining Rm Length:11
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Dining Room Width:9
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Living/Great Room Width:14
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Living/Great Room Length:23
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Recreation Room Width:21
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1st Bedroom Length:13
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1st Bedroom Width:14
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2nd Bedroom Length:11
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2nd Bedroom Width:14
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Recreation Room Length:21
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3rd Bedroom Width:15
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3rd Bedroom Length:11
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4th Bedroom Length:11
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4th Bedroom Width:11
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Laundry Room Length:8
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Laundry Room Width:11
Location
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Directions to Property:From SR 52 in Otterbein, head north on S 1150 E, the road curves to the west but head west on E 700 S, turn right at the next road heading N on S 1100 E, go north approximately 2 miles and turn left (west) on E 500 S. House will be on right.
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Inside City Limits:No
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Latitude:40.534208
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Longitude:-87.128138
The Property
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Parcel# ID:04-11-08-600-005.004-001
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Property Subtype:Site-Built Home
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Lot Dimensions:Irregular
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Lot Description:Level, 3-5.9999
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Approx Lot Size SqFt:159865
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Approx Lot Size Acres:3.67
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County Zoning:Unknown
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Waterfront:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Annual Taxes:2591.64
Beds
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Total # Bedrooms:4
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1st Bedroom Level:Lower
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2nd Bedroom Level:Upper
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3rd Bedroom Level:Upper
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4th Bdrm Level:Upper
Baths
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Total Baths:2
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Total Full Baths:2
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# of Full Baths Main:1
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# of Full Baths Upper:1
The Listing
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Unbranded Virtual Tour:https://www.propertypanorama.com/instaview/irmls/202525294
Heating & Cooling
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Heating Fuel:Other Heating System
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Cooling:Central Air
Utilities
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Water Utility:Well
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Well Type:Private
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Sewer:Septic
Schools
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Elementary:Otterbein
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Middle School:Benton Central
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High School:Benton Central
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School District:Benton Community
The Community
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Subdivision:None
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Pool:Yes
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Pool Type:Above Ground
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Association Dues Frequency:Not Applicable
Parking
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Garage:Yes
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Garage Type:Attached
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Garage Length:31
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Garage SqFt:899
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Garage Width:29
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Garage/# of Cars:2
Monthly cost estimate

Asking price
$375,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,008
|
Taxes | $13,322 |
Insurance | $103 |
Utilities | N/A |
Total | $15,433/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
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7/1/25
Jul 1, 2025
|
Listed / Active | IRMLS | $375,000 |