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Co Road 650 S, Paoli, IN 47454

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For Sale

$289,900

53 acres

Estimated Payment

$ 1,517 /mo.

6.67% APR for 30 yrs.
$300 in taxes
Change Loan Terms

  • Other Residential
    Property type

  • 53 acres
    Lot size

Explore this Property

Discover an extraordinary opportunity to own a versatile and highly sought-after farm in close proximity to Patoka Lake! Enjoy the convenience of paved county road frontage, access to electric services, and expansive open flat terrain, making it an ideal location for a spacious homestead or potentially multiple residences. Whether you're planning to build immediately or in the future, these 13+/- acres boast high-quality, productive class 2 soils, currently used for grass hay but easily adaptable to row crops. One of the standout features of this property is its impressive nearly 1/2 mile of frontage along Young's Creek. This rock-bottom, year-round live-water creek gracefully flows into Patoka Lake just 1 mile south of the estate. The proximity to the Little Patoka boat ramp, just a short drive away, makes this location perfect for those dreaming of constructing a lake property. On the opposite side of the creek, discover vast classified forest acreage with striking rock outcroppings, offering a mesmerizing vantage point overlooking the valley below. For outdoor enthusiasts, this property is a haven, providing direct access to nearly 4000+/- acres of unbroken Hoosier National Forestry for hiking, exploring, and hunting. Two flat locations across the creek present ideal spots for temporary forest openings or food plots. Abundant turkey and deer sign across the property ensure an unparalleled hunting experience.
MLS# 202405879

Courtesy Of Whitetail Properties Real Esta

(217) 285-9000

Property Features

  • Architecture Style
    Other
  • Lot Size
    53 Acres
  • View Type
    Forest, River

Map and Directions

Directions to Co Road 650 S, Paoli, IN 47454
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Home seller CENTURY 21 Scheetz

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

Mortgage Calculator

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Loan Term
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Monthly Payment Breakdown

  • Principle and Interest
    $1,492
  • Property Taxes
    $25
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $1,517

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Throop Elementary School

Grades KG-6 Public School


Paoli, IN 47454 7 miles
301 elm st

649 total students
14:1 Student teacher ratio

Paoli Jr & Sr High School

Grades 7-12 Public School


Paoli, IN 47454 6.9 miles
501 elm st

594 total students
16:1 Student teacher ratio

Other Nearby Schools Distance Type Grades School Rating
Springs Valley Elementary School 5.3 miles Public KG-5 C
Springs Valley Community High School 5.4 miles Public 6-12 C+

Springs Valley Elementary School

Distance: 5.3 miles

Type Public

Grades: KG-5

C

Springs Valley Community High School

Distance: 5.4 miles

Type Public

Grades: 6-12

C+

Local area information for Paoli, IN 47454

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Paoli, IN 47454

This community’s employment is highest in the administrative support and construction industries. The area’s overall household expenses are below the national average.

88° July
Hottest Average Month

22° January
Coldest Average Month
2,861 Total Households in Area
30.9%
of households
have children
26 minutes
Median Commute Time

Household Expenses vs National Average

Demographic facts
for Paoli, IN 47454

Paoli, IN 47454 has a population of 7,189 people in 2,861 households with a median age of 40.7 years old.

Down -2.1%
Decrease in population
since the year 2010

Population is Trending down
2,895
Total households as of 2010
Up
1.5%

Community Population By Age

Community Population By Ethnicity

White 93%
Hispanic 2%
Other <1%
Black <1%
Asian <1%
Native American <1%

Economics
for Paoli, IN 47454

57 /sq mi
Population Density
$53,664 /yr
Median Household Income
$161,782
Median Sales Price
26 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 95%
  • Work from Home 3%
  • Walk or Bike 2%
  • Public Transit 0%

Occupancy by Type

Owned 2,230 68%
Rented 632 19%
Vacant 399 12%

White vs Blue Collar Jobs







White Collar 53%
Blue Collar 47%

Family & Education Facts
for Paoli, IN 47454

40.7 Median Age

Average Household Size

2.5
persons per
household

42.8%

Married Households

Community Population By Education

High School Graduate 46%
Some College 17%
Some High School 15%
Associates Degree 9%
Bachelors Degree 7%
Graduate Degree 6%

Household Family Expenses vs National Average

30.9% of households have children

Weather
for Paoli, IN 47454

The weather for this area ranges from a high of 88° F in July to a low of 22° F in January

88° July
Hottest Average Month
22° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
22°
41°
Feb
24°
45°
Mar
33°
55°
Apr
42°
66°
May
52°
76°
Jun
61°
84°
Jul
64°
88°
Aug
62°
86°
Sep
55°
80°
Oct
44°
69°
Nov
34°
55°
Dec
25°
43°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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