$332,312
SOLD FEB 12, 2025

4 E East State Road 56 Paoli, IN 47454

50.77 Acres
$6,545 Price per Acre
2,211,541 Sq Ft Lot

Recently Sold

11% Below List Price

36 Days on Market

Highlights

  • Waterfront
  • Lake, Pond or Stream
  • Agricultural
  • 50.77 Acre Lot

About This Lot

As of February 2025

Expansive rolling pasture ground. This tract is made up of around +/- 26 acres of cattle hay ground with the balance being selective cut timber. The road frontage along State Rd 56 expands around +/-900 feet. The perimeter is fenced on 3 sides, with a pond near the center of the property. Multiple build sites were noted, with one or two offering great views. The cut timber will offer some astounding future hunting, with the tree tops providing cover and the new growth browse in the spring. Newly graded logging roads will be in place, offering a travel system around the property and some trial riding if desired. This is a well-rounded property for anyone wanting to experience the outdoor country style at its best.

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

Chris Boyer

Boyer Real Estate Services

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $954

Lot Details

  • 50.77 Acre Lot
  • Waterfront
  • Property fronts a state road
  • Finished Lot(s)
  • Subdivision Possible

Schools

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

Additional Features

  • Lake, Pond or Stream
  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 59-07-32-400-038.000-011

Property Details

Property Type

Land

Est. Annual Taxes

$954

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Agricultural Land
  • Waterfront: Yes
  • Legal Description: Pt E 1/2 Se 32 2 N 1 E 60 A.
  • Parcel Number ID: 59-07-32-400-038.000-011
  • Platted: Yes
  • Road Access: State
  • Road Surface: Paved
  • Sp Lp Percent: 88.62
  • Parcel Description: Irregular, Partially Wooded, Rolling, Undeveloped, Tillable, 15+
  • Type of Sale: Traditional
  • Can Be Subdivided: 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
  • Water Type: Pond
  • 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: 2211541
  • Estimated Lot Size Acres: 50.77

Tax Info

  • Annual Taxes: 954

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
Nov 12, 2024
Closed on
Feb 12, 2025
Sold by
Ohio River Veneer Llc
Bought by
Lambright Jerry J and Lambright Susie D
Seller's Agent
Zach Holt
Whitetail Properties Real Estate
Buyer's Agent
Chris Boyer
Boyer Real Estate Services
List Price
$375,000
Sold Price
$332,312
Premium/Discount to List
-$42,688
-11.38%
Views
5

Purchase Details

Closed on
Jul 30, 2024
Sold by
Meadowview Inc
Bought by
Ohio River Veneer Llc
Source: Public Records

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    • 54.22 Acres
    • $5,255 per Acre
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    This property is composed of a perfect blend for multiple uses. Its entry is a break off a gravel dead-end road; once you make the turn, you have a 40-foot recorded easement for access and utilities along the tillable field. Arriving at the corner of this tract, you will find a cabin or camper site for hunting, with other spectacular build sites deeper into the property on the ridges and with

    Kris Christianson Whitetail Properties Real Estate

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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

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $4,000,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2025 02/12/25 Sold $332,312 -11.4% --
12/18/2024 12/18/24 Pending -- -- --
11/12/2024 11/12/24 For Sale $375,000 -- --
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 $1,100 $73,100 $73,100 $0
2023 $953 $60,900 $60,900 $0
2022 $782 $48,100 $48,100 $0
2021 $695 $41,400 $41,400 $0
2020 $745 $41,000 $41,000 $0
2019 $819 $50,000 $50,000 $0
2018 $924 $51,700 $51,700 $0
2017 $978 $59,300 $59,300 $0
2016 $968 $62,800 $62,800 $0
2014 $824 $56,600 $56,600 $0
2013 $824 $48,600 $48,600 $0
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

  • C

    Buyer's Agent in 2025

    Chris Boyer

    Boyer Real Estate Services

    (812) 723-2291

    16 in this area

    24 Total Sales

    Chris Boyer
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202443905

Indiana Regional MLS

APN: 59-07-32-400-038.000-011

Indiana Orange County Paoli 47454

4 E East State Road 56, Paoli, IN

This home is located at 4 E East State Road 56, Paoli, IN 47454 and is currently priced at $332,312. 4 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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