Looking for your own home away from home near Patoka Lake? This charming retreat in the desirable Wildwood Lake Shores community comes fully furnished, very clean, and offers the perfect blend of relaxation, recreation, and investment potential! Nestled among mature shade trees on 4 lots, this property provides plenty of room to spread out and enjoy the outdoors. Spend your days boating, fishing, hiking, or exploring Patoka Lake, then return home to unwind on the spacious covered porch overlooking the beautifully landscaped grounds. The large gravel recreation area is ideal for outdoor games, gatherings around the fire pit, and making memories with family and friends. A pole barn provides ample storage for your boat, golf cart, jet skis, kayaks, and all your lake toys, making it easy to enjoy everything the area has to offer. Best of all, you’re located just minutes from the boat ramp, so getting on the water is quick and convenient. Whether you’re searching for a personal weekend getaway, a vacation home, or an opportunity to create an Airbnb or short-term rental, this property checks all the boxes. With its wooded setting, outdoor entertaining spaces, and proximity to Patoka Lake attractions, guests will love escaping here year-round.
Active
Price cut: $10K (7/16)
$154,900
4387 W County Road 640 S, Paoli, IN 47454
2beds
768sqft
:
Get pre-qualified$1,033/mo
Single Family Residence
Built in 1998
-- sqft lot
$-- Zestimate®
$--/sqft
$22/mo HOA
What's special
Wooded settingCharming retreatSpacious covered porchLarge gravel recreation areaOutdoor entertaining spacesFully furnishedVery clean
- 54 days |
- 242 |
- 16 |
Zillow last checked:
Listing updated:
Listed by:
Beverly Lawyer Cell:812-483-1177,
Century 21 Classic Realty
Source: IRMLS,MLS#: 202624214
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Electric, Baseboard
Cooling
- Wall Unit(s)
Appliances
- Included: Microwave, Refrigerator, Electric Range, Electric Water Heater
Features
- Ceiling Fan(s), Eat-in Kitchen, Stand Up Shower
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 768
- Total interior livable area: 768 sqft
- Finished area above ground: 768
- Finished area below ground: 0
Video & virtual tour
Property
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch Covered
Lot
- Dimensions: 60x110(2), 60x100, 83x70
- Features: 0-2.9999, Landscaped
Details
- Additional structures: Pole/Post Building
- Additional parcels included: 5914-05-105-001.000-004
- Parcel number: 591405108008.000004
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Slab
Condition
- New construction: No
- Year built: 1998
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Subdivision: Wildwood
HOA
- Has HOA: Yes
- HOA fee: $265 annually
Location
- Region: Paoli
Financial & listing details
- Tax assessed value: $57,200
- Annual tax amount: $966
- Date on market: 6/19/2026
Estimated market value
Not available
Estimated sales range
Not available
$996/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/16/2026 | Price change | $154,900-6.1% |
Source:  IRMLS #202624214 Report a problem | ||
| 6/19/2026 | Listed for sale | $164,900 |
Source: IRMLS #202624214 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $739 +9.6% | $57,200 +10.4% |
| 2024 | $675 +1% | $51,800 +13.8% |
| 2023 | $668 +8.6% | $45,500 +4.8% |
| 2022 | $615 +10.4% | $43,400 +12.1% |
| 2021 | $557 +14.5% | $38,700 +19.8% |
| 2020 | $487 -8.9% | $32,300 +2.2% |
| 2019 | $534 +6% | $31,600 |
| 2018 | $504 +6.3% | $31,600 -2.5% |
| 2017 | $474 +7% | $32,400 -1.2% |
| 2016 | $443 -0.5% | $32,800 |
| 2014 | $446 -2.5% | $32,800 -1.5% |
| 2013 | $457 +0.1% | $33,300 -0.6% |
| 2012 | $457 +9.6% | $33,500 +7.7% |
| 2011 | $417 +2.3% | $31,100 -1% |
| 2010 | $407 -1.3% | $31,400 +1.9% |
| 2009 | $413 +18.5% | $30,800 +6.9% |
| 2007 | $348 -2.7% | $28,800 +2.1% |
| 2006 | $358 | $28,200 |
| 2005 | -- | $28,200 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 47454
Nearby schools
GreatSchools rating
- 6/10Throop Elementary SchoolGrades: PK-6Distance: 6.8 mi
- 5/10Paoli Jr & Sr High SchoolGrades: 7-12Distance: 6.6 mi
Schools provided by the listing agent
- Elementary: Throop
- Middle: Paoli
- High: Paoli
- District: Paoli Community School Corp.
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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