NOT LISTED FOR SALE

742 E State Road 56 Paoli, IN 47454

Estimated Value: $236,000 - $354,000

3 Beds
2 Baths
2,426 Sq Ft
$113/Sq Ft Est. Value

Last Sold September 08, 2022

Last sale price $235,000 $97 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,782/month

84 Days on Market

Highlights

  • Primary Bedroom Suite
  • Living Room with Fireplace
  • Wood Flooring
  • 5.5 Acre Lot
  • Ranch Style House
  • Covered Patio or Porch

About This Home

As of September 2022

First time on the market, one-time owner who originally built this 3 bedroom/2 bathroom home with 5 acres, located just outside the Paoli town limits on State Road 56. Original home was built in 1952 with a full basement under it. In 1972, an addition was added to its present configuration with updates taking place in the late 1980's. If you are looking for a very nice, well-built home, this one should be considered. Home has a large master bedroom with large walk-in closet, two bedrooms with lots of closet space including one with a walk-in closet, formal living room and dining room, built-in book shelf in the family room, two gas fireplaces, file cabinets and storage racks in the basement, and a kitchen that has a double oven with a small eat-in area with a view to the land across the road. A level lot located behind the home and a level 3 acres across the road are bonuses. The property also has a two-car attached garage with a workshop, an asphalt driveway, and a courtyard with a covered porch on two sides. Home has had many recent updates including: furnace and air conditioner replaced in 2007, seamless guttering installed in 2003, gas water heater replaced in 2017, windows replaced throughout the home in 2001 and 2003, roof was replaced in 2019 with dimensional shingles, water proofing in the basement was performed in 2019 with a lifetime warranty, garage doors and openers were replaced in 2008, radon mitigation was installed in 2022 which included moisture barrier in the crawl space, septic tank has been emptied in 2022, REMC fiber optics is located at the southwest corner of the house, and a security alarm system with Northside Security is included. Upgrades from an inspection report include electrical and plumbing.

Last Agent to Sell the Property

Eldon Seacat

BROOKS GALLOWAY REAL ESTATE Listed on: 05/27/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,129

Year Built

  • Built in 1952

Lot Details

  • 5.5 Acre Lot
  • Lot Dimensions are 520 x 226
  • Landscaped
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • Built-in Bookshelves
  • Chair Railings
  • Beamed Ceilings
  • Gas Log Fireplace
  • Double Pane Windows
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Workshop
  • Utility Room in Garage
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub With Separate Shower Stall

Partially Finished Basement

  • Sump Pump
  • Block Basement Construction
  • Crawl Space

Home Security

  • Home Security System
  • Fire and Smoke Detector

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Septic System
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 59-07-31-400-027.000-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,129

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1952
  • Age: 70
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: PT SE 31 2N 1E .66 A.; PT S 1/2 SE 31 2N 1E 1A.; PT SE 31 2N 1E 3.291 A.
  • Parcel Number ID: 59-07-31-400-027.000-011
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Alarm System-Security, Built-In Bookcase, Cable Available, Ceilings-Beamed, Chair Rail, Detector-Smoke, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Landscaped, Porch Covered, Stand Up Shower, Tub and Separate Shower, Tub/Shower Combination, Workshop, Main Level Bedroom Suite, Formal Dining Room, Sump Pump, Washer Hook-Up, Garage Utilities
  • Location: City/Town/Suburb
  • Parcel Id2: 59-07-31-400-024.000-011
  • Sp Lp Percent: 88.68
  • Year Taxes Payable: 2021-2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3682
  • Total Finished Sq Ft: 2426
  • Above Grade Finished Sq Ft: 2426
  • Below Grade Sq Ft: 1256
  • Price Per Sq Ft: 96.87
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Unfinished
  • Basement Material: Block
  • Number Of Fireplaces: 2
  • Fireplace: Family Rm, Living/Great Rm, Gas Log, Two
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Tile
  • Living Great Room: Dimensions: 21x15, On Level: Main
  • Kitchen: Dimensions: 14x10, On Level: Main
  • Breakfast Room: Dimensions: 10x8, On Level: Main
  • Dining Room: Dimensions: 13x10, On Level: Main
  • Family Room: Dimensions: 21x14, On Level: Main
  • Bedroom 1: Dimensions: 20x15, On Level: Main
  • Bedroom 2: Dimensions: 15x11, On Level: Main
  • Bedroom 3: Dimensions: 15x11, On Level: Main
  • Other Room1: Foyer, Dimensions: 19x6, On Level: Main
  • Other Room 2: Hallway, Dimensions: 39x4, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1256

Exterior Features

  • Exterior: Brick
  • Roof Material: Asphalt, Shingle, Dimensional Shingles
  • Outbuilding1: None

Garage/Parking

  • Driveway: Asphalt
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 23x23
  • Garage Sq Ft: 529
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Public
  • Electric Company: REMC
  • Gas Company: Indiana Natural Gas
  • Water Company: Town of Paoli

Schools

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

Lot Info

  • Lot Description: Level, 3-5.9999
  • Lot Dimensions: 520 x 226
  • Estimated Lot Sq Ft: 239580
  • Estimated Lot Size Acres: 5.5

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows

Tax Info

  • Annual Taxes: 2129.06
  • Exemptions: Homestead

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2023
Sold by
Beatty Alexandra M and White Benjamin G
Bought by
Miley Olivia
Current Estimated Value
$300,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,750
Outstanding Balance
$228,144
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$46,954

Purchase Details

Listed on
May 27, 2022
Closed on
Sep 8, 2022
Sold by
Betty R Farlow Trust
Bought by
Beatty Alexandra M and White Benjamin G
Seller's Agent
Eldon Seacat
BROOKS GALLOWAY REAL ESTATE
List Price
$299,900
Sold Price
$235,000
Premium/Discount to List
-$64,900
-21.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.54%
Original Mortgage
$230,743
Interest Rate
5.62%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 7, 2016
Sold by
Farlow Betty Rose
Bought by
Farlow Betty R and Betty R Farlow Living Trt
Source: Public Records

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 Buyer Sale Price Title Company
Miley Olivia $245,000 None Listed On Document
Beatty Alexandra M $235,000 --
Farlow Betty R -- None Available
Farlow Raymond L -- None Available
Raymond L Farlow Living Trt -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miley Olivia $232,750
Previous Owner Beatty Alexandra M $230,743
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2022 09/08/22 Sold $235,000 -11.3% $97 / Sq Ft
08/19/2022 08/19/22 Pending -- -- --
06/28/2022 06/28/22 Price Changed $265,000 -11.6% $109 / Sq Ft
05/27/2022 05/27/22 For Sale $299,900 -- $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 $1,728 $231,800 $14,900 $216,900
2023 $1,544 $212,400 $14,500 $197,900
2022 $1,507 $192,300 $14,000 $178,300
2021 $1,387 $172,200 $13,500 $158,700
2020 $1,446 $167,400 $12,900 $154,500
2019 $1,234 $160,800 $12,500 $148,300
2018 $1,323 $158,900 $12,200 $146,700
2017 $1,147 $152,000 $11,900 $140,100
2016 $1,069 $151,700 $11,600 $140,100
2014 $932 $143,500 $11,000 $132,500
2013 $932 $142,900 $11,000 $131,900
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202220596

Indiana Regional MLS

APN: 59-07-31-400-027.000-011