$963,385
SOLD JAN 20, 2025

3 E East State Road 56 Paoli, IN 47454

121.81 Acres
$7,909 Price per Acre
5,306,000 Sq Ft Lot

Recently Sold

35% Below List Price

10 Days on Market

Highlights

  • Barn
  • 121.81 Acre Lot
  • Agricultural

About This Lot

As of January 2025

Looking for a return investment on a farm? Here is your opportunity. This farm is made up of a diverse lay of the land. Currently +/-90 acres are in crop production with the balance being made up of hay and fenced cattle ground. The hay could be easily converted to gain another +/-15 acres in tillable if desired. The barn serves the purpose for a feed lot and cattle loading location when need. Power and water are at the barn ready for use. The west side is a perfect place to pasture cattle and has fencing in place on most locations. The property boasts nearly .5 mile of State Rd 56 frontage providing the capability for multiple access locations. Breathtaking ridge top long range views provide astounding forever home build sites and offer future development potential. Several deer stands and blinds are in place with the farm producing mature class bucks year after year. Additional land is available.

Last Agent to Sell the Property

Zach Holt

Whitetail Properties Real Estate Brokerage Phone: 812-887-2954 Listed on: 11/12/2024

Whitetail Properties Real Estate

Co-Listed By

Kris Christianson

Whitetail Properties Real Estate Brokerage Phone: 812-887-2954

Last Buyer's Agent

Kris Christianson

Whitetail Properties Real Estate Brokerage Phone: 812-887-2954

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,100

Lot Details

  • 121.81 Acre Lot
  • Property fronts a state road
  • Property fronts an easement
  • Finished Lot(s)
  • Subdivision Possible

Schools

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

Farming

  • Barn
  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 59-07-33-300-012.000-011

Property Details

Property Type

Land

Est. Annual Taxes

$4,100

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Agricultural Land
  • Legal Description: Pt Sw 33 2 N 1 E 154.30 A. S 1/2 Nw 33 2 N 1 E 80 A. (part of)
  • Parcel Number ID: 59-07-33-300-012.000-011
  • Platted: Yes
  • Parcel Id2: 59-07-33-200-009.000-011
  • Road Access: State
  • Road Surface: Paved
  • Sp Lp Percent: 64.66
  • Parcel Description: Irregular, Undeveloped, Tillable, 15+
  • Type of Sale: Traditional
  • Can Be Subdivided: Yes
  • Structure Bldg Imprvmnts: Yes
  • Type Use: Agriculture, Residential, Camp/RV with Land, Recreational
  • Year Taxes Payable: 2024
  • Special Features: None

Exterior Features

  • Road Frontage: State

Utilities

  • Water Utilities: Available
  • Electricity Type: Available

Schools

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

Lot Info

  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 5306000
  • Estimated Lot Size Acres: 121.809
  • Easements: Yes
  • Land Features: Barn

Tax Info

  • Annual Taxes: 4100

MLS Schools

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

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2025 01/20/25 Sold $963,385 -35.3% --
11/22/2024 11/22/24 Pending -- -- --
11/12/2024 11/12/24 For Sale $1,490,000 -- --
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Zach Holt

    Seller's Agent in 2025

    Zach Holt

    Whitetail Properties Real Estate

    (217) 285-9000

    13 in this area

    255 Total Sales

    Zach Holt
    Section Image
  • Kris Christianson

    Seller Co-Listing Agent in 2025

    Kris Christianson

    Whitetail Properties Real Estate

    (812) 896-5814

    13 in this area

    259 Total Sales

    Kris Christianson
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202443878

Indiana Regional MLS
Indiana Orange County Paoli 47454

3 E East State Road 56, Paoli, IN

This home is located at 3 E East State Road 56, Paoli, IN 47454 and is currently priced at $963,385. 3 E East State Road 56 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.

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