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. OR OU could say – View of Creek from your backyard.
Sold for $152,000
$152,000
506 W Water Street, Paoli, IN 47454
3beds
2,270sqft
Single Family Residence
Built in 1938
8,219.77 Square Feet Lot
$163,700 Zestimate®
$67/sqft
$1,543 Estimated rent
Home value
$163,700
$156,000 - $172,000
$1,543/mo
Zestimate® history
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$904/mo
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Zillow last checked:
Listing updated:
Listed by:
Rosemary Trinkle,
Trinkle Group Real Est
Bought with:
Emily Terry, RB22001536
Kovener & Associates Real Esta
Source: SIRA,MLS#: 202407171
Originating MLS: Southern Indiana REALTORS Association
Originating MLS: Southern Indiana REALTORS AssociationFacts & 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
- Laundry: In Basement, Laundry Room
Features
- Ceiling Fan(s), Open Floorplan
- 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
- Patio & porch: Covered, Patio
- Exterior features: Fence, Landscaping, Paved Driveway, Patio
- Fencing: Yard Fenced
Lot
- Size: 8,219 sqft
- 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
Condition
- Resale
- New construction: No
- Year built: 1938
Utilities & green energy
- Sewer: Public Sewer
- Water: Connected, Public
Community & neighborhood
Community
- Community features: Sidewalks
Location
- Region: Paoli
Other
Other facts
- Listing terms: Cash,Conventional,FHA,USDA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 2/28/2026 | Listing removed | $167,500$74/sqft |
Source:  SIRA #2025010730 Report a problem | ||
| 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 | ||
| 4/16/2024 | Listed for sale | $159,000+91.6%$70/sqft |
Source: SIRA #202407171 Report a problem | ||
| 12/29/2018 | Sold | $83,000-2.4%$37/sqft |
Source: Agent Provided Report a problem | ||
| 12/19/2017 | Price change | $85,000-4.5%$37/sqft |
Source: Key Associates Real Estate #201635818 Report a problem | ||
| 11/16/2016 | Price change | $89,000-6.3%$39/sqft |
Source: Key Associates Real Estate #201635818 Report a problem | ||
| 11/8/2016 | Price change | $95,000-4.5%$42/sqft |
Source: Key Associates Real Estate #201635818 Report a problem | ||
| 8/2/2016 | Listed for sale | $99,500$44/sqft |
Source: Key Associates Real Estate #201635818 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $431 +81.7% | $108,200 +6.2% |
| 2024 | $237 -17.4% | $101,900 +16.2% |
| 2023 | $287 +63.3% | $87,700 +3.8% |
| 2022 | $176 +19.8% | $84,500 +10.7% |
| 2021 | $147 +186.6% | $76,300 +6.1% |
| 2020 | $51 -86.1% | $71,900 +5% |
| 2019 | $368 +9.5% | $68,500 +8.7% |
| 2018 | $336 -30.4% | $63,000 +2.3% |
| 2017 | $483 +57.9% | $61,600 +0.3% |
| 2016 | $306 +2.5% | $61,400 +1.5% |
| 2014 | $298 -0.1% | $60,500 +1% |
| 2013 | $299 -1.9% | $59,900 -1% |
| 2012 | $305 +66.3% | $60,500 +24.2% |
| 2011 | $183 +4.4% | $48,700 |
| 2010 | $175 +4.6% | $48,700 +1.5% |
| 2009 | $168 +21.8% | $48,000 +1.5% |
| 2007 | $138 -48.8% | $47,300 +2.4% |
| 2006 | $269 | $46,200 +9.2% |
| 2005 | -- | $42,300 |
Find assessor info on the county website
Neighborhood: 47454
Nearby schools
GreatSchools rating
- 6/10Throop Elementary SchoolGrades: PK-6Distance: 0.3 mi
- 5/10Paoli Jr & Sr High SchoolGrades: 7-12Distance: 0.4 mi
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- Indiana
- Orange County
- Paoli
- 47454
- 506 W Water Street
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