8480 E State Road 56, Otwell, IN 47564
OFF MARKET

$157,200

Trulia Estimate
  • 2 Beds
  • 2 Baths
  • 1,040 sqft (on 1 acre)

8480 E State Road 56, Otwell, IN 47564

Est. Refi. Payment $964/mo*
Refinance Your Home

Home Value

Trulia Estimate
$157K
Since last month
Decreased$7K (-4.3%)
Since last year
Increased$9K (+6.1%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +121% in the last 10 years
MonthEstimated value
2026
August 2026$156K
July 2026$163K
June 2026$164K
May 2026$159K
April 2026$158K
March 2026$153K
February 2026$150K
January 2026$148K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
9952 E McKinley St, Otwell, IN
1.86
Single-Family Home
$166,000
08/07/26
2
2
1,215
1827 N State Road 257, Otwell, IN
1.77
Single-Family Home
$290,000
09/16/25
3
1.5
2,052
2397 N State Road 257, Otwell, IN
1.89
Single-Family Home
$240,000
07/24/26
4
2.5
1,565
2321 N Cres #700-E, Winslow, IN
1.97
Single-Family Home
$397,500
10/27/25
3
2
1,472
2076 N State Road 257, Otwell, IN
1.95
Single-Family Home
$242,000
08/07/26
4
2
1,876
8234 E County Road 175 S, Velpen, IN
2.82
Single-Family Home
$340,000
12/30/25
4
2
1,700
4331 N State Road 257, Otwell, IN
3.47
Single-Family Home
$39,000
10/30/25
3
2
1,680
6193 E White Oak Ln, Winslow, IN
3.67
Single-Family Home
$255,000
07/02/26
3
1
1,368
7047 E County Road 250 S, Winslow, IN
3.67
Single-Family Home
$330,000
11/26/25
2
1
882
3218 S County Road 900 E, Velpen, IN
4.25
Single-Family Home
$349,000
05/28/26
3
2
2,150

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
9165 E State Road 56 Rd, Otwell, IN 47564
0.70
$126,400
2
1
1,172
Off Market
7387 E State Road 56, Winslow, IN 47598
1.02
$190,800
2
1
1,040
Off Market
7445 E Waylon Dr, Winslow, IN 47598
1.18
$398,100
3
3
3,600
Off Market
2321 North Cres, Winslow, IN 47598
1.51
-
-
-
-
Off Market
7137 E County Road 175 N, Winslow, IN 47598
1.52
$226,300
4
2
1,184
Off Market

Local Information

  • Map ViewExplore the area around 8480 E State Road 56.
  • Schools2 Preschool Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1952
Lot Size
1 acre
Living Area
1,040 sqft
Price/Sqft
$151
Parking
Garage

About this House

This single-family home is located at 8480 E State Road 56, Otwell, IN. 8480 E State Road 56 is in Otwell, IN and in ZIP code 47564. This property has 2 bedrooms, 2 bathrooms and approximately 1,040 sqft of floor space. This property has a lot size of 1 acre and was built in 1952.
8480 E State Road 56, Otwell, IN 47564 is a 2 bedroom, 2 bathroom, 1,040 sqft single-family home built in 1952. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $157,200, with a rent estimate of $1,005/month.

Home Details for 8480 E State Road 56

Interior Features

Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 5
Heating & Cooling
Air ConditioningCooling System: Central

Exterior Features

Exterior Home Features
Roof: Metal
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1952Year Updated: 1986
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 1 acre

Price and Tax history

YearProperty taxTax assessment
2025Unavailable
$109,400
Home facts updated by county records

Market trends in Otwell

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
5
1MoM

Around this home

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Frequently asked questions about 8480 E State Road 56

  • What is 8480 E State Road 56 estimated to be worth?
    Trulia's estimated value for 8480 E State Road 56 in Otwell, IN is $157,200.
  • Is Otwell a buyer's or seller's market?
    Otwell is currently a balanced market, based on recent for-sale activity.
  • What are the closest schools to 8480 E State Road 56?
    The closest schools to 8480 E State Road 56 in Otwell, IN are Petersburg Elementary School (Pre-K, rated 5/10), Pike Central High School (rated 3/10), Pike Central Middle School (rated 6/10).
  • Does 8480 E State Road 56 have air conditioning?
    Yes, 8480 E State Road 56 in Otwell, IN has air conditioning.
  • How big is the lot at 8480 E State Road 56?
    The lot at 8480 E State Road 56 in Otwell, IN is about 1 acre.
  • Does 8480 E State Road 56 have a garage?
    Yes, 8480 E State Road 56 in Otwell, IN has a garage.

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