311 North Main Street

Otterbein, IN 47970

$159,900
Price
29,098 / 0.67
Lot Size / Acres

Description

Prime commercial lot with great visibility to road frontage along heavily traveled State Highway 52 in the growing community of Otterbein. Endless opportunity abounds in this area for new businesses as things are continuing to expand north of West Lafayette. The current owner put thousands of dollars into excavation work, a 200 amp electrical service, and surveys and legal work to double the lot size and have it all rezoned as a B-3 commercial lot. Situated between a bank and a seasonal hot spot,...Prime commercial lot with great visibility to road frontage along heavily traveled State Highway 52 in the growing community of Otterbein. Endless opportunity abounds in this area for new businesses as things are continuing to expand north of West Lafayette. The current owner put thousands of dollars into excavation work, a 200 amp electrical service, and surveys and legal work to double the lot size and have it all rezoned as a B-3 commercial lot. Situated between a bank and a seasonal hot spot, this is the perfect location for your business! All Utilities located on site! For sale, lease, or owner is willing to work towards a possible build to suit option.
  1. Listed by Christine McCutcheon • New Beginnings Realty

Property Details for 311 North Main Street

Subdivision
None
Waterfront
No
Water Features
None

Location

Listing Courtesy of New Beginnings Realty
Add your commute
LISTING UPDATED: 02/27/2024 05:37 PM

Property Details for 311 North Main Street

StatusActive
MLS #202406110
Days on Market69
Taxes$250 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLots & Lands / Commercial Land
Year Built-
Lot Size0.67 AC
CountyBenton County

Location

Listing Courtesy of New Beginnings Realty
Add your commute

Building Information for 311 North Main Street

Lot Size0.67 AC

Payment Calculator

$893 per month

30 year fixed, 7.25% Interest

Principal and Interest

$873

Property Taxes

$21

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 311 North Main Street

Summary
Location and General Information
  • Area: Benton County
  • City: Otterbein
  • Zip Code: 47970
  • City Zoning: B3
  • State: IN
  • Township: Bolivar
  • Geo Latitude: 40
  • Geo Longitude: -87
  • Road Access: County
  • Inside City Limits: Yes
  • Fips Code: 18007
  • Directions To Property: From Lafayette take Hwy 52 W to Otterbein, property is located on the corner of Hwy 52 and North Main Street.
  • Sea Wall Type: None
  • Location: City
  • Road Frontage: State
  • Road Frontage Description: Hwy 52
Taxes and HOA
  • Parcel Description: Corner, Level, Undeveloped, 0-2.9999
  • Annual Taxes: $250
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2024
  • Parcel Number Id: 04-11-28-444-003.000-002
School Information
  • School District: Benton Community
  • Elementary: Otterbein
  • Middle School: Benton Central
  • High School: Benton Central
Parking
  • Parking: Gravel, Private
Property
Lot Information
  • Class: LOTS AND LAND
  • Property Subtype: Commercial Land
  • Approx Lot Size Acres: 0.668
  • Lot Dimensions: Irregular
  • Approx Lot Size Sqft: 29098.0
  • Land Features: Garage, Shed
Property and Assessments
  • Can Property Be Divided?: Yes
  • Curb: No
  • Documents Available: Survey, Aerial Photo, Easements, Environmental
  • Easements: Yes
  • Planned Unit Development: No
  • Platted Development: No
  • Side Of Road: West
  • Structure/Building Improvements: Yes
  • Type Use: Commercial
Green Features
  • Exemptions: No Exemptions
Utilities
  • Electric Company: Duke Energy Indiana
  • Electricity Type: Available
  • Fuel Type: Gas
  • Gas Company: NIPSCO
  • Sewer Type: City
  • Water Company: Other
  • Water Utility: Available, City
Interior and Exterior Features
Exterior Features
  • Fence: None
  • Platted: Yes
  • Rail Siding: No
  • Road Surface: Paved
Rental
Rental Information
  • Leased Acres: No

Property History for 311 North Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 311 North Main Street

Taxable ValueLand$13,100Additions$65,300Total$78,400
Tax Record2020$1,524 ($127 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,130 SqFtAbove Grade Finished SqFt1,130 SqFtStories1Lot Size14,723 SqFtStyleSingle Family ResidenceYear Built1900Year Renovated1900CountyBENTONAPN04-11-28-444-003.000-002

Schools near 311 North Main Street

This home is within Benton Community School Corp.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 12
Public - K to 6
Public - PK to 6
Rating
School
Distance
Otterbein Elementary School
PublicK to 6

Benton Central Jr-Sr High School
Public7 to 12

Prairie Crossing Elementary School
PublicK to 6

Boswell Elementary School
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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311 North Main Street is a 0.67 ac of land for sale in Otterbein, IN 47970. This property was listed for sale on February 27, 2024 by New Beginnings Realty, it's currently listed at $159,900. It has been on the market for a total of 69 days and was last sold on October 26, 2021. This listing's school district is Benton Community School Corp. Nearby schools include Otterbein Elementary School, Benton Central Jr-Sr High School and Prairie Crossing Elementary School. 311 North Main Street is a 0-bed, 0-bath, 0.67 ac of land on a 29,098 sq. ft. / 0.67 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of New Beginnings Realty

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.