Buying city property has tremendous potential because you have the opportunity to turn a neglected eyesore into a real estate gem … at a fraction of the cost. Click on a listing below to begin search for city-owned properties for sale in your area. Don't overpay for your next home in Otwell, IN. There are 3 discounted homes for sale in Otwell, IN we think you'll love.
Otwell, IN is a charming small town that embodies a rural lifestyle with a strong community spirit. It features essential amenities, quality schools, and access to outdoor activities, making it ideal for families and individuals seeking tranquility. Surrounded by beautiful farmland, Otwell offers a peaceful retreat from city life.
There are currently 488 real estate properties in Otwell, IN, with a median automated valuation model (AVM) price of $205,600.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Otwell, IN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Otwell, IN, is $237,908.00, with the most expensive house in Otwell, IN, topping out at $844,680.00 and the cheapest home in Otwell, IN, clocking in at $29,596.00. In other words, there’s something for every potential homebuyer or savvy investor in Otwell, IN!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Otwell, IN, is on a rollercoaster ride. The average rent price in Otwell, IN, is $1,080.00. Indeed, when looking to rent in Otwell, IN, you can expect to pay as little as $480.00 or as much as $1,900.00, with the average rent median estimated to be $1,060.00. The good news is that finding an affordable and desirable property to rent in Otwell, IN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
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