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205 Sherman St, Loogootee, IN, 47553

2beds
1baths
1,264sqft
$159,900
$127price/sqft
$1,198/moest. monthly cost
$47,920/yrincome needed

About This Home

Charming 2 bedroom, 1 bath home, ready for it's next owner. Inside, you'll find a spacious eat-in kitchen with plenty of room for gathering, a comfortable living room, and generously sized bedrooms that offer plenty of space to unwind. The separate laundry room includes the washer and dryer, so you can move right in and feel at home. Step outside and enjoy the large front porch or spend summer evenings relaxing on the patio. A storage shed provides extra space for lawn equipment and seasonal items, and the invisible fence is already in place for your four-legged family members. This home has seen several important updates in recent years, including a new furnace, central air, and ductwork (2022), washer and dryer (2022), invisible fence (2022), composite front porch, stairs and railing (2024), refrigerator (2024), and gutter covers (2025), giving you peace of mind for years to come. Whether you're looking for your first home, a place to downsize, or simply a home with practical updates, this property is one you'll want to see.

Getting Around

65
WalkingSomewhat Walkable
0
TransitVery Limited Transit
48
BikeSomewhat Bikeable

Schools

8/10
6/10
Loogootee Middle SchoolGrades 5-80.3 mi
9/10

Construction

Condition

  • Year built: 1900

Materials

  • Roof: Metal
  • Construction materials: Other

Type & Style

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

Interior

Appliances

  • Appliances included: Range/Oven Hook Up Elec,Refrigerator,Washer,Dryer-Electric,Electric Range,Electric Water Heater
  • Laundry features: Electric Dryer Hookup,Washer Hookup

Basement

  • Basement: Crawl Space

Bedroom1

  • Level: Main

Bedroom2

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 2

Features

  • Eat-in Kitchen,Tub/Shower Combination
  • Window features: Window Treatments
  • Flooring: Laminate
  • Fireplace features: None
  • Finished area below ground: 0
  • Finished area above ground: 1,264

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,424
  • Total interior livable area: 1,264 sqft

Property

Details

  • Parcel number: 510824300248.000008

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Patio,Porch Covered
  • Fencing: Invisible

Lot

  • Lot size: 8,712 sqft
  • Features: Level,0-2.9999,City/Town/Suburb
  • Lot size dimensions: 66 x 132

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
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Winter Weather
Cold Wave
Earthquake
Heat Wave
Inland Flooding
Ice Storm
Lightning

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 $808$9,696
Home Insurance *$129$1,548
Property Taxes $77$924
Electricity $184$2,212
Total$1,198$14,376
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$41,074/yr
40% on housing$35,940/yr
45% on housing$31,946/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: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 5.1%
5.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$127This listing

vs Other Active Listings

Avg $/sqft

ZIP 47553$116
Martin County$95

vs Homes Sold Last Month

Median $/sqft

ZIP 47553
Martin County$159

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)

Price History

DateEventPrice
2026-07-16Price change$159,900
2022-09-22Pending sale$139,900
2022-09-20Listed for sale$139,900
2020-10-21Listing removed$68,000
2020-10-13Listed for sale$68,000

For Sale by Agent

AgentAnna Lou Chapman
BrokerageRE/MAX Elite

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