$225,000
SOLD NOV 14, 2024

2340 W County Road 550 S Paoli, IN 47454

2 Beds
1 Bath
1,152 Sq Ft
6.23 Acres

Recently Sold

$195 Per Sq Ft

4% Below List Price

107 Days on Market

About This Home

As of July 2025

2304 West County Rd 550 South, Paoli, IN 47454 Discover rustic charm and county living with this delightful log cabin nestled on over 6 acres, which adjoins 40 acres of pristine government land. This cozy retreat offers 2 bedrooms and 1 bath, perfect for a peaceful getaway, year-round living, or an investment Airbnb property. The property also features a spacious 800 square foot detached building, ideal for a bar / entertainment space, providing the perfect setting for gatherings and relaxation. Surrounded by nature's beauty, this unique cabin is an oasis for those seeking tranquility and adventure right at their doorstep. Located 10 minutes from Tucker/Springs Valley Lake and 15 minutes to Patoka Lake. Priced at $235,000.

Last Agent to Sell the Property

RANDY CHAPLIN

Brooks Galloway Real Estate Brokerage Phone: 812-936-7301 Listed on: 06/21/2024

Co-Listed By

Brooks Galloway

Brooks Galloway Real Estate Brokerage Phone: 812-936-7301

Last Buyer's Agent

Matthew Corey

Williams Carpenter Realtors

Williams Carpenter Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $520

Year Built

  • Built in 2001

Lot Details

  • 6.23 Acre Lot
  • Irregular Lot
  • Heavily Wooded Lot

Home Design

  • Log Cabin
  • Log Siding

Interior Spaces

  • 1,152 Sq Ft Home
  • 1.5-Story Property
  • Living Room with Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Throop Elementary School
  • Paoli Middle School
  • Paoli High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Wood
  • Propane
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 59-11-34-100-036.000-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$520

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2001
  • Age: 23
  • Style: One and Half Story
  • Architectural Style: Log
  • Total Number of Rooms: 5
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: PT E 1/2 NE 34 1N 1W; 6.23 A.
  • Parcel Number ID: 59-11-34-100-036.000-004
  • Platted: Yes
  • Sp Lp Percent: 95.74
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1152
  • Total Finished Sq Ft: 1152
  • Above Grade Finished Sq Ft: 1152
  • Price Per Sq Ft: 195.31
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Bedroom 1: Dimensions: 12x12, On Level: Main
  • Bedroom 2: Dimensions: 12x11, On Level: Upper
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Log
  • Outbuilding1: Outbuilding, Dimensions: 33x25

Utilities

  • Cooling: Window
  • Heating Fuel: Propane, Wood
  • Sewer: Septic
  • Water Utilities: Public

Schools

  • School District: Paoli Community School Corp.
  • Elementary School: Throop
  • Middle School: Paoli
  • High School: Paoli
  • Elementary School: Throop

Lot Info

  • Lot Description: Heavily Wooded, Irregular, 6-9.999
  • Lot Dimensions: Unknown
  • Estimated Lot Sq Ft: 271379
  • Estimated Lot Size Acres: 6.23

Tax Info

  • Annual Taxes: 520

MLS Schools

  • High School: Paoli
  • Middle School: Paoli
  • School District: Paoli Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2024
Closed on
Nov 13, 2024
Sold by
Pielemeier Jay R and Pielemeier Kari S
Bought by
Hertzel Thomas and Hertzel Shannon
Seller's Agent
RANDY CHAPLIN
Brooks Galloway Real Estate
Buyer's Agent
Matthew Corey
Williams Carpenter Realtors
List Price
$235,000
Sold Price
$225,000
Premium/Discount to List
-$10,000
-4.26%
Views
168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.46%
Original Mortgage
$180,000
Outstanding Balance
$179,221
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$62,483

Purchase Details

Closed on
Dec 28, 2018
Sold by
Pielmeier Jay R
Bought by
Pielmeier Jay R and Pielmeier Kari S

Purchase Details

Listed on
May 17, 2017
Closed on
Jun 26, 2017
Sold by
Wohgemuth Susan J
Bought by
Pieelemeier Jay R
Seller's Agent
ANNE BEACH
BROOKS GALLOWAY REAL ESTATE
Buyer's Agent
LORAN TAPSCOTT
BROOKS GALLOWAY REAL ESTATE
List Price
$95,000
Sold Price
$85,000
Premium/Discount to List
-$10,000
-10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.86%
Source: Public Records

Similar Homes in Paoli, IN

  • 6365 S Wild Meadows Ridge Dr, Paoli, IN 47454

    $220,000

    • 1 Bed
    • 2 Baths
    • 1,295 Sq Ft
    • 6365 S Wild Meadows Ridge Dr
    • Paoli, IN

    Step into this beautifully crafted 2023 new build that blends modern style with everyday functionality. This 1-bedroom, 2-bathroom home features a spacious primary suite complete with a private ensuite bathroom and a large walk-in closet. The kitchen is a chef’s dream with stainless steel appliances, abundant cabinetry, and generous counter space perfect for cooking and entertaining. Relax in the

    Dylan Hoover Re/Max First

    Section Image
  • Survey Tract#2 Bella Vista Estates St, Paoli, IN 47454

    $219,900

    • 3 Beds
    • 2 Baths
    • 1,025 Sq Ft
    • Survey Tract#2 Bella Vista Estates St
    • Paoli, IN

    Listing described is one of 3 possible designs that can be built on this lot. Prices range from $219,900- $279,000 depending on style and options. Actual room sizes and finish materials may vary and will be agreed upon by buyer and builder. Experience modern comfort and customization with this thoughtfully designed home on 2.82 scenic acres—one of three distinctive floor plans available for

    Chris Boyer Boyer Real Estate Services

    Section Image
  • 316 Elm St, Paoli, IN 47454

    $239,999

    • 2 Beds
    • 2 Baths
    • 1,131 Sq Ft
    • 316 Elm St
    • Paoli, IN

    Location is EVERYTHING! This home is directly across the street from Throop Elementary! This AWESOME & move in ready. Home is just waiting for the new buyers. It is 2 bedrooms, 2 baths, w/full basement. The home is approximately 1131 Finished Sq. Ft. The basement lends the opportunity to have a much larger home if the basement were to be finished. It can also be a great shelter during bad

    Elmer Lambright eXp Realty, LLC

    Section Image
  • 123 NW 1st St, Paoli, IN 47454

    $180,000

    • 3 Beds
    • 1 Bath
    • 1,476 Sq Ft
    • 123 NW 1st St
    • Paoli, IN

    Discover classic charm just steps from Paoli’s historic Town Square. This distinctive 3-bedroom, 1-bath home sits gracefully on a corner lot, showcasing historic details, spaciousrooms, and an inviting fireplace. Enjoy a covered front porch, attached garage plus carport,and a full unfinished walk-out basement. A rare opportunity to own a piece of Paoli’s heritagein an exceptional

    Dylan Hoover RE/MAX FIRST

    Section Image
  • 123 NE 1st St, Paoli, IN 47454

    $180,000

    • 3 Beds
    • 1 Bath
    • 1,476 Sq Ft
    • 123 NE 1st St
    • Paoli, IN

    Discover classic charm just steps from Paoli’s historic Town Square. This distinctive 3- bedroom, 1-bath home sits gracefully on a corner lot, showcasing historic details, spacious rooms, and an inviting fireplace. Enjoy a covered front porch, attached garage plus carport, and a full unfinished walk-out basement. A rare opportunity to own a piece of Paoli’s heritage in an exceptional location.

    Dylan Hoover Re/Max First

    Section Image
  • 104 College St, Paoli, IN 47454

    $179,900

    • 3 Beds
    • 1.5 Baths
    • 1,810 Sq Ft
    • 104 College St
    • Paoli, IN

    LOTS OF CHARACTER AND CHARM in this spacious 2 story home over partial basement overlooking town of Paoli. Main floor features large living room w/staircase, sitting room, formal dining room, kitchen w/service island, 1/2 bath and enclosed front porch and rear porch w/laundry area and back stairs leading to upper floor. Originial hardwood floors. Upper floor has 3 bedrooms, full bath and

    Debra Suddarth Suddarth & Company

    Section Image
  • 733 S Triangle Rd, Paoli, IN 47454

    $185,000

    • 2 Beds
    • 1 Bath
    • 1,082 Sq Ft
    • 733 S Triangle Rd
    • Paoli, IN

    Welcome to living in the heart of small-town Southern Indiana! This charming property is move-in-ready. This home offers 3 cozy bedrooms, 1 Bathroom. Spacious living room. New BEAUTIFUL OAK kitchen cabinets, New countertops. Fresh paint throughout. New Hardwood floors. Too many updates to mention them all. The Full basement offers a space for a 3rd bedroom or family room. The Screened Porch

    Peggy Hoke Trinkle Group Real Est

    Section Image
  • 748 E Main St, Paoli, IN 47454

    $259,000

    • 4 Beds
    • 1.5 Baths
    • 1,400 Sq Ft
    • 748 E Main St
    • Paoli, IN

    This is a rare find and a great opportunity to own a beautiful home on a spacious double lot, perfectly situated on the golf course with stunning views of a peaceful creek and pond. This 4-bedroom, 2-bath home features a full basement with a garage, plus a detached garage—ideal for extra storage or a workshop. Located on a quiet dead-end street in a cul-de-sac, the property offers privacy and

    Elmer Lambright eXp Realty, LLC

    Section Image
  • 504 E Thornton St, Paoli, IN 47454

    $200,000

    • 3 Beds
    • 3 Baths
    • 2,808 Sq Ft
    • 504 E Thornton St
    • Paoli, IN

    Looking for a one-of-a-kind home filled with timeless charm and master craftsmanship? Step into timeless charm with this beautifully restored THREE bedroom, THREE bathroom, one-and-a-half story cottage filled with character and craftsmanship. As you arrive, you're welcomed by an asphalt driveway leading to a covered front porch, the perfect spot for relaxing evenings. Inside, the living room

    Natasha Johns Williams Carpenter Realtors

    Section Image
See All Homes in Paoli

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Lenders Escrow And Title
Warranty Deed $225,000 Lenders Escrow And Title
Interfamily Deed Transfer -- None Available
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $180,000 New Conventional
Closed $180,000 New Conventional
Previous Owner $68,100 Stand Alone First
Previous Owner $102,845 Stand Alone First
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 Sold $218,600 -6.9% $190 / Sq Ft
06/09/2025 06/09/25 Price Changed $234,900 -2.1% $204 / Sq Ft
05/01/2025 05/01/25 For Sale $239,900 +6.6% $208 / Sq Ft
11/14/2024 11/14/24 Sold $225,000 -4.3% $195 / Sq Ft
10/06/2024 10/06/24 Pending -- -- --
06/21/2024 06/21/24 For Sale $235,000 +176.5% $204 / Sq Ft
06/25/2017 06/25/17 Sold $85,000 -10.5% $111 / Sq Ft
05/22/2017 05/22/17 Pending -- -- --
05/17/2017 05/17/17 For Sale $95,000 -- $124 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $544 $100,700 $14,400 $86,300
2023 $520 $96,700 $13,700 $83,000
2022 $482 $89,600 $13,000 $76,600
2021 $432 $81,400 $12,200 $69,200
2020 $272 $67,400 $11,700 $55,700
2019 $238 $65,900 $11,600 $54,300
2018 $262 $65,700 $11,300 $54,400
2017 $0 $66,000 $11,200 $54,800
2016 -- $66,400 $11,100 $55,300
2014 -- $66,300 $10,700 $55,600
2013 -- $66,700 $10,500 $56,200
Source: Public Records

Agents Affiliated with this Home

  • Matthew Corey

    Seller's Agent in 2025

    Matthew Corey

    Williams Carpenter Realtors

    (812) 583-2274

    321 Total Sales

    Matthew Corey
    Section Image

  • M

    Buyer's Agent in 2025

    Mabel Wininger

    Key Associates Real Estate

    27 Total Sales

    Mabel Wininger
    Section Image

  • R

    Seller's Agent in 2024

    RANDY CHAPLIN

    Brooks Galloway Real Estate

    (812) 936-7301

    142 Total Sales

    RANDY CHAPLIN
    Section Image
  • Brooks Galloway

    Seller Co-Listing Agent in 2024

    Brooks Galloway

    Brooks Galloway Real Estate

    (812) 936-7301

    60 Total Sales

    Brooks Galloway
    Section Image

  • A

    Seller's Agent in 2017

    ANNE BEACH

    BROOKS GALLOWAY REAL ESTATE

  • L

    Buyer's Agent in 2017

    LORAN TAPSCOTT

    BROOKS GALLOWAY REAL ESTATE

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202422944

Indiana Regional MLS

APN: 59-11-34-100-036.000-004

Indiana Orange County Paoli 47454

2340 W County Road 550 S, Paoli, IN

This home is located at 2340 W County Road 550 S, Paoli, IN 47454 and is currently priced at $225,000, approximately $195 per square foot. This property was built in 2001. 2340 W County Road 550 S is a home located in Orange County with nearby schools including Throop Elementary School and Paoli Junior/Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes