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16708 Clapp Rd, Otisco, IN, 47163

5beds
4baths
5,473sqft
$799,000
$146price/sqft
$5,256/moest. monthly cost
$210,240/yrincome needed

About This Home

Welcome to this absolutely stunning farm property offering breathtaking views in every direction. This property has 14 acres! With over 5,000 sq ft of finished living space, this remarkable home features 5 bedrooms with the potential for a 6th, making it ideal for large families or guests. The fully equipped gourmet kitchen boasts a Jenn-Air cooktop and opens to a cozy dining area with a fireplace, in addition to a formal dining room for more elegant gatherings. Inside, you'll find a captivating stone fireplace as the centerpiece of the main living area, plus two additional fireplaces— including one with a wood-burning insert—perfect for creating a warm and inviting atmosphere. Designed for entertaining both indoors and out, the home is complemented by a detached garage/pole barn, a 40x80 horse barn, and a beautifully fenced front with 3-board fencing and an electric gate. New Roof! Freshly painted ! Additional features include a concrete driveway, an inground pool, and plenty of acreage for horses, a training track, or even a small private landing strip. With endless possibilities and space to make your vision a reality, this exceptional property truly has it all!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
20
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1996

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Interior Area

  • Total structure area: 5,473
  • Total interior livable area: 5,473 sqft

Property

Details

  • Parcel number: 101521200008000038

Lot

  • Lot size: 14.22 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Cold Wave
Drought
Inland Flooding
Lightning
Winter Weather

FEMA Declared Disasters Across Indiana Counties

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,040$48,480
Home Insurance *$302$3,624
Property Taxes $413$4,956
Electricity $501$6,020
Total$5,256$63,072
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$180,205/yr
40% on housing$157,680/yr
45% on housing$140,160/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.8%
10.8%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 6.3%
6.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$146This listing

vs Other Active Listings

Avg $/sqft

ZIP 47163$85
Clark County$134

vs Homes Sold Last Month

Median $/sqft

ZIP 47163$145
Clark County$167

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-28Price change$799,000
2026-03-25Listed for sale$825,000
2026-01-25Listing removed$1,194,000
2025-10-02Price change$819,000
2025-10-02Price change$1,194,000
2025-10-02Price change$819,000
2025-09-18Price change$825,000
2025-09-18Listed for sale$1,200,000
2025-09-18Listing removed$825,000
2025-07-26Price change$825,000
2025-07-26Listed for sale$1,200,000
2022-02-21Listing removed--
2021-09-24Price change$795,000
2021-09-24Listed for sale$1,100,000
2019-01-04Listing removed$680,000
2019-01-04Listed for sale$680,000
2018-11-06Pending sale$680,000
2018-10-12Listed for sale$680,000
2018-08-22Listing removed$680,000
2018-03-27Price change$680,000
2018-03-21Listed for sale$796,000

For Sale by Agent

AgentStephannie Wilson
BrokerageNextHome Wilson Real Estate Services

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