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    10240 E 975 N, Unit 22 Otterbein, IN 47970

    For Sale
    $75,000

    Residential Land - Otterbein, IN

    Lot size:
    1.32 Acres
    Days on Market:
    556
    Last Refresh:
    Dec 5 at 9:06 pm

    Property Features for 10240 E 975 N

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    86-01-08-200-012.000-007
    Exterior features
    None
    Lot size
    1.32 Acres

    Utilities

    Water front features
    Waterfront, Waterfront Other
    Water front
    1

    Building Details

    Architectural style
    Other

    Trueblood Real Estate (765) 838-1998 [email protected]

    Listing agent Cara McLean-Rolfes (765) 838-1998 License #RB14040430

    Listing date May 29, 2024

    MLS# 202316259 Listing URL

    Copyright © 2025 Lafayette Regional Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Otterbein Lake Residential Land

    This residential land offers an opportunity to build a home on a private lake. Located 10 miles west of Purdue University at The Preserve at Eagle Shores on Otterbein Lake, the 1.32-acre lot is part of a nature-filled community. The setting features an abundance of wildlife and large mature trees, with views of blue herons and bald eagles. Residents can enjoy sunsets overlooking the private 140-acre lake, which is suitable for boating, fishing, skiing, and other family activities. Protective covenants and an architectural control committee are in place.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Otterbein
    County
    Benton
    State
    Indiana
    Longitude
    -87.127064
    Latitude
    40.458017

    Nearby Similar for Sale

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    • $55,000
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      Retail or Day Care Opportunity

      640 SF property suitable for retail or day care.
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    FAQs

    What type of property is this?
    Land - Residential land near Purdue University with private lake access.
    Where is this land located?
    The property is located at 10240 E 975 N, Unit 22 Otterbein, IN.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: - Private 140-acre lake access for boating, fishing, and skiing.; - Large lots available, ranging from 1 to 6 acres.; - Tranquil, nature-filled setting with abundant wildlife and mature trees.
    (765) 838-1998
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    10240 E 975 N, Unit 22 Otterbein, IN 47970
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    Otterbein, IN 47970
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10240 E 975 N, Unit 22 Otterbein, IN 47970
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