Stone Cottage Style Home with Three bedroom, Two Baths. Charming, Compact, and Comfortable. Original Hardwood Floors
Highlight the first floor, along with Galley Kitchen, Contemporary Sleek Bathroom. And Living Room with Fireplace.
Third Bedroom is upstairs with its own bathroom. Need more bedrooms? There are two bedrooms in the Finished Basement. Now you have the Space for overnight guests or just a place to slip away to a quiet spot. Lick Creek runs behind your fenced lot, but your home sits on higher ground, No need to worry about flooding. The neighborhood is a perfect blend of serenity and convenience. Near Paoli Schools.
For sale
$167,500
506 W Water Street, Paoli, IN 47454
3beds
2,270sqft
Est.:
Single Family Residence
Built in 1938
8,219.77 Square Feet Lot
$165,800 Zestimate®
$74/sqft
$-- HOA
What's special
Finished basementHigher groundStone cottage style homeContemporary sleek bathroomGalley kitchenOriginal hardwood floors
- 92 days |
- 248 |
- 10 |
Zillow last checked: 8 hours ago
Listing updated: October 04, 2025 at 03:05pm
Listed by:
Rosemary Trinkle,
Trinkle Group Real Est
Source: SIRA,MLS#: 2025010730
Originating MLS: Southern Indiana REALTORS Association
Originating MLS: Southern Indiana REALTORS AssociationTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: First
- Dimensions: 10 x 15
Bedroom
- Level: First
- Dimensions: 12 x 15
Bedroom
- Level: Second
- Dimensions: 35 x 12
Bedroom
- Level: Lower
Bedroom
- Level: Lower
Other
- Level: First
- Dimensions: 10 x 5
Other
- Level: Second
- Dimensions: 5 x 8
Kitchen
- Level: First
- Dimensions: 18 x 10
Living room
- Level: First
- Dimensions: 18 x 14
Other
- Description: Entry/Foyer
- Level: First
- Dimensions: 17 x 4
Other
- Description: Laundry
- Level: Lower
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Oven, Range, Refrigerator
- Laundry: In Basement, Laundry Room
Features
- Ceiling Fan(s), Open Floorplan, Window Treatments
- Windows: Blinds, Thermal Windows
- Basement: Full,Partially Finished,Sump Pump
- Number of fireplaces: 1
- Fireplace features: None
Interior area
- Total structure area: 2,270
- Total interior livable area: 2,270 sqft
- Finished area above ground: 1,365
- Finished area below ground: 905
Property
Parking
- Total spaces: 1
- Parking features: Detached, Garage
- Garage spaces: 1
- Has uncovered spaces: Yes
- Details: On Street
Features
- Levels: One and One Half
- Stories: 1.5
- Patio & porch: Covered, Patio
- Exterior features: Fence, Landscaping, Paved Driveway, Patio
- Fencing: Yard Fenced
Lot
- Size: 8,219.77 Square Feet
- Features: Garden
Details
- Additional structures: Garage(s)
- Parcel number: 591101220009000012
- Zoning: Residential
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One and One Half Story
- Property subtype: Single Family Residence
Materials
- Stone
- Foundation: Poured
- Roof: Metal
Condition
- Resale
- New construction: No
- Year built: 1938
Utilities & green energy
- Sewer: Public Sewer
- Water: Connected, Public
Community & HOA
Community
- Features: Sidewalks
HOA
- Has HOA: No
Location
- Region: Paoli
Financial & listing details
- Price per square foot: $74/sqft
- Tax assessed value: $101,900
- Annual tax amount: $431
- Date on market: 8/27/2025
- Cumulative days on market: 117 days
- Listing terms: Cash,Conventional,FHA,USDA Loan
- Road surface type: Paved
Estimated market value
$165,800
$158,000 - $174,000
$1,573/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/4/2025 | Listed for sale | $167,500$74/sqft |
Source:  SIRA #2025010730 Report a problem | ||
| 9/9/2025 | Listing removed | $167,500$74/sqft |
Source: SIRA #2025010730 Report a problem | ||
| 8/29/2025 | Listed for sale | $167,500+10.2%$74/sqft |
Source: SIRA #2025010730 Report a problem | ||
| 8/27/2024 | Sold | $152,000-4.4%$67/sqft |
Source: SIRA #202407171 Report a problem | ||
| 7/4/2024 | Pending sale | $159,000$70/sqft |
Source: SIRA #202407171 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $237 -17.4% | $101,900 +16.2% |
| 2023 | $287 +63.3% | $87,700 +3.8% |
| 2022 | $176 +19.8% | $84,500 +10.7% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$933/mo
Principal & interest
$793
Property taxes
$81
Home insurance
$59
Climate risks
Neighborhood: 47454
Nearby schools
GreatSchools rating
- 6/10Throop Elementary SchoolGrades: PK-6Distance: 0.3 mi
- 5/10Paoli Jr & Sr High SchoolGrades: 7-12Distance: 0.3 mi
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