4387 W Co Rd 640 S

Paoli, IN
$ 144,900 Beds 2 Baths 1 Sq 768 Virtual Tour
Monthly Estimate* How much can I afford?

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, youre located just minutes from the boat ramp, so getting on the water is quick and convenient. Whether youre 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.

Single Family

  • Price
  • $ 144,900
  • City
  • Paoli
  • Bedrooms
  • 2
  • Full Bathrooms
  • 1
  • County
  • ORANGE
  • Half Bathrooms
  • 0
  • Area
  • Greenfield
  • Lot Size
  • Zip
  • 47454
  • Sqr Footage
  • 768
  • Year Built
  • 1998
  • Taxes
  • $ 966
  • Style
  • Site-Built Home
  • MLS#
  • 202624214
Listed By: Beverly Lawyer with Century 21 Classic Realty; Cell: 812-483-1177
Data Source: Indiana Regional MLS (IRMLS)

Features

General

Sewer Septic
Heating Electric,Baseboard
Kitchen Level Main
Cooling Wall AC
Laundry Y/N Main
Fireplaces No
Amenities Ceiling Fan(s),Eat-In Kitchen,Landscaped,Porch Covered,Stand Up Shower
Status Active
Full Baths 1
Bathrooms 1
Year Built 1998
New Construction No
Subdivision Wildwood
Style One Story
Township Greenfield
Class RESIDENTIAL
Type Site-Built Home
Age 28
FIPS Code 18117
Associated Document Count 2
REO No
Status Active
Auction Y/N No
Annual Taxes 966.12
Area Orange County
High School Paoli
City Paoli
School District Paoli Community School Corp.
Assoc. Dues Frequency Annually
HOA Fees $ 265
Total Sq Ft 768
Elementary School Throop
Middle School Paoli
Legal Description Wildwood Lake Shores Unit 4 Block 8 Lots 8-9,Wildwood Lake Shores Unit 4,Block 5 Lot 4-1
Agent First Name Beverly
Agent Last Name Lawyer
DOM 96
Tax Year 2026

Interior Features

Basement Slab
Beds 2
Total Rooms 5
Full Baths Main 1
Total Finished SqFt 768
Basement Y/N No
Above Grade Bedrooms 2
1st Bedroom Level Main
1st Bedroom Width 15
2nd Bedroom Length 8
2nd Bedroom Level Main
2nd Bedroom Width 9
Above Grade Finished SqFt 768
Extra Room Description Bonus Room
Extra Room Level Main
Living/Great Rm Level Main

Exterior Features

Exterior Vinyl
Pool No
Lot Dimensions 60x110(2),60x100,83x70
Lot Description 0-2.9999
Waterfront Y/N No
Garage Y/N No

Amenities

  • Foreclosure
  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the South Bend, IN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

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

Price History

6/19/2026 Listed $164,900
7/16/2026 7% - $154,900
8/26/2026 7% - $144,900

Property vs Zip Code Average in 47454

Price
AVG $270K
$140K
Taxes
AVG $1,821
$966
Year Built
AVG 1975
1998
Visits
AVG 26
80
Data Provided by Inside Real Estate®

Areas That We Cover

4387 W Co Rd 640 S Paoli, IN is a Single Family Home for sale at $144900 with 768 sqft and a lot size of Acre(s). 4387 W Co Rd 640 S Paoli has 2 bedrooms, 1 baths and was built in 1998. The property's zip code is 47454 which is in Paoli, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.