10227 E 500 S, Otterbein, IN 47970 Property Records

Benton County property record for 10227 E 500 S, Otterbein, IN 47970

Property Summary

Property Type	Single Family Home
Details	5 bd · 1.5 ba · 2,876 sqft · built 1960
Lot Size	3.67 acres (159,865 sqft)
Owner	2 Individual Names on File
Last Sale	$448,875 (Aug 2025)
Tax Bill	$2,377 (2025)
Deeds & Mortgages	Jun 2011 Mortgage Mar 2009 Mortgage + 3 more
Flood Zone	Zone X (minimal risk)
APN	`04-11-08-600-005.004-001`

Property Details

APN / Parcel Number

Primary APN	`04-11-08-600-005.004-001`
Alternative APN	`00000988990`

Interior

Bedrooms	5 Beds
Full Baths	1.5 Baths
Half Baths	1 Half Bath
Plumbing Fixtures	7 Plumbing Fixtures
Total Rooms	12 Rooms
Stories	2 Stories
Building Area	2,876 sqft Living Area
1st Floor Area	2,876 sqft
Basement Area	624 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1960
Effective Year Built	Effective 1986
Construction Type	Wood
Roof Material	Metal
Lot Area	159,865 sqft (3.67 acres)
Pool Area	530 sqft
Shed	1 Shed
Shed Area	80 sqft

Utilities, Heating & Cooling

Heating System	Central

Location & Zoning

Account Number	00000988990
Street Address	10227 E 500 S
City	OTTERBEIN
State	IN
Zip	47970-8522
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	PT SW1/4 08-24-06 3.67A
Jurisdiction	BENTON IN
Township / Civil Division	BOLIVAR
Census Block Group	1
Census Block	1111
Census Tract	100100

Owner

10227 E 500 S is owned and occupied by two individuals who bought it in August 2025.

Source: Benton County records, as of October 13, 2026

Owner of Record	2 Individual Names on File
Mailing Address	10227 E 500 S, OTTERBEIN, IN 47970-8522
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Husband and Wife

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Jun 2, 2011	Deed of Trust, Mortgage · FHA Mortgage THE UNITED STATES
Mar 11, 2009	Deed of Trust, Mortgage THE FARMERS AND MERCHANTS BANK
Dec 3, 2012	Deed of Trust, Mortgage THE HUNTINGTON NATIONAL BANK
Aug 15, 2025	Warranty Deed, Transfer · Conventional Mortgage THE FARMERS & MERCHANTS STATE BANK
Jul 8, 2022	Warranty Deed, Transfer · Stand-Alone First Mortgage FARMERS & MERCHANTS BANK

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Aug 15, 2025 · Amount on File
Deed Sale	Aug 15, 2025 · Amount on File
Prior Sale	Jul 8, 2022
Deed Document Number	20251229
Record Updated	Oct 29, 2026

June 2011: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	BENTON IN
Property Address	10227 E 500 S, OTTERBEIN, IN 47970-8522
Transaction Type	Mortgage
Record Updated	May 12, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	10227 E 500 S, OTTERBEIN, IN 47970-8522

Mortgage

Document Number	0000205/54
Date	Jun 2, 2011
Book Page	205/54
Instrument	201100000808

Lender

Name	THE UNITED STATES
Type	Seller
Address	101 N PHILLIPS AVE, SIOUX FALLS, SD 57104

Agreement

Type	FHA Mortgage
Amount	Amount on Record

Interest

Rate Type	Adjustable Rate
Rate	2.19%
Type Change Date	Aug 1, 2011
Change Frequency	Monthly

March 2009: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	BENTON IN
Property Address	10227 E 500 S, OTTERBEIN, IN 47970-8522
Transaction Type	Mortgage
Record Updated	May 12, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	10227 E 500 S, OTTERBEIN, IN 47970-8522

Mortgage

Document Number	00196/1657
Date	Mar 11, 2009
Book Page	196/1657
Instrument	00000535

Lender

Name	THE FARMERS AND MERCHANTS BANK
Address	BOSWELL, IN 47921

Agreement

Amount	Amount on Record

December 2012: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	BENTON IN
Property Address	10227 E 500 S, OTTERBEIN, IN 47970-8522
Transaction Type	Mortgage
Record Updated	May 12, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name
Investor	Possibly a Property Investor

Mortgage

Document Number	00208/2493
Date	Dec 3, 2012
Book Page	208/2493

Lender

Name	THE HUNTINGTON NATIONAL BANK
Address	COLUMBUS, OH 43235

Agreement

Amount	Amount on Record
Term	358 Months
Due	Oct 1, 2042

August 2025: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	BENTON IN
Recording Date	Aug 15, 2025
Property Address	10227 E 500 S, OTTERBEIN, IN 47970-8522
Document Number	2025001229
Instrument Date	Aug 11, 2025
Instrument	2025001229
Transaction Type	Transfer
Record Updated	May 12, 2026

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	10227 E 500 S, OTTERBEIN, IN 47970-8522

Mortgage

Document Number	2025001230
Date	Aug 15, 2025
Instrument	2025001230

Lender

Name	THE FARMERS & MERCHANTS STATE BANK
Type	Bank

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	361 Months
Due	Sep 1, 2055

July 2022: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	BENTON IN
Recording Date	Jul 8, 2022
Property Address	10227 E 500 S, OTTERBEIN, IN 47970-8522
Document Number	2022001055
Instrument Date	Jun 28, 2022
Instrument	2022001055
Transaction Type	Transfer
Record Updated	Nov 14, 2025

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2022001056
Date	Jul 8, 2022
Instrument	2022001056

Lender

Name	FARMERS & MERCHANTS BANK

Agreement

Type	Stand-Alone First Mortgage
Amount	Amount on Record

Tax Assessment & Valuation

The 2025 property tax bill for 10227 E 500 S was $2,377, down 8.1% from the year before.

Source: Benton County assessment roll, as of June 19, 2026

Property Jurisdictions

Type	Name
State	Indiana
County	Benton County
County Subdivision	Bolivar Township
Unified School District	Benton Community School Corporation (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$2,377.00 (-8.08%) Homeowner's exemption	$350,100 (+1.83%) Land $43,800 Building $306,300	$350,100 (+1.83%) Land $43,800 Building $306,300
2024	$2,586.00 (+10.56%) Homeowner's exemption	$343,800 (+6.57%) Land $43,800 Building $300,000	$343,800 (+6.57%) Land $43,800 Building $300,000
2023	$2,339.00 (+19.28%)	$322,600 (+25.77%) Land $28,700 Building $293,900	$322,600 (+25.77%) Land $28,700 Building $293,900
2022	$1,961.00	$256,500 Land $28,700 Building $227,800	$256,500 Land $28,700 Building $227,800
2020	$1,172.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 10227 E 500 S in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective October 2, 2012

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Wildfire risk around 10227 E 500 S is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 95% of the US · lower than 68% of Indiana
Wildfire Likelihood	Under 0.01% annual chance
Exposure	Direct burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Internet Providers

Source: FCC Broadband Data Collection, based on 6 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Mainstream Fiber Networks Fiber	1,000 / 1,000
T-Mobile Fixed Wireless	100 / 20

Cell Coverage

5G (outdoors only) and 4G LTE

Nearby Properties on E 500 S

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