(1) If the short plat contains fewer than four (4) parcels, nothing shall prevent the owner who filed the short plat from filing a new application within the five (5) year period to create up to a total of four (4) lots within the original plat boundaries.

(2) Except as provided by subsection (1) of this section, short subdivisions or large lot divisions may be redivided as a subdivision at any time after recording, but are subject to the process and conditions set forth for subdivisions pursuant to this title; provided, that the original plat boundaries are a part of the new application for a subdivision.