Listing courtesy of Century 21 Classic Realty · Listing agent: Beverly Lawyer · Cell: 812-483-1177

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ActiveSite-Built Home

4387 W Co Rd 640 S

$144,900

$188.67 / sq ft

Est. $938/mo

Paoli, IN 47454Wildwood

Original price $164,900 · Price reduced on August 25, 2026

Bedrooms
2
Bathrooms
1
Living area
768 sq ft
Year built
1998
Type
Site-Built Home
Listed
June 19, 2026
MLS #
202624214

About this home

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.

Monthly payment estimate

$938/mo

Principal & interest
$793
Property taxes
$81
Homeowners insurance
$42
HOA dues
$22
Your loan

  • Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
  • Taxes: the seller's 2026 bill as reported to the MLS. Yours may differ once your own deductions apply.
  • Insurance: estimated at 0.35% of the price per year.
  • An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
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Property details

Interior

Levels
One
Total rooms
5
Total area
768 sq ft
Finished area above grade
768 sq ft
Bedrooms above grade
2
Full baths, main level
1
Basement
Slab
Heating
Electric, Baseboard
Cooling
Wall Unit(s)
Laundry
Main Level
Interior features
Ceiling Fan(s), Eat-in Kitchen, Stand Up Shower

Exterior & parking

Construction
Vinyl Siding
Private pool
No
Other structures
Pole/Post Building
New construction
No

Waterfront & lake

Waterfront
No

Lot

Subdivision
Wildwood
Lot features
Landscaped, 0-2.9999
Lot dimensions
60x110(2), 60x100, 83x70
County
Orange County
Township
Greenfield
Platted
Yes
Planned unit development
No
Directions
From Paoli, head south on SR 37, turn right on Unionville Rd, right on 150 S, left on 225 W, left on 310 W, continue onto 640 S, look for Century 21 sign on the left.

Schools

Elementary school
Throop
Middle school
Paoli
High school
Paoli
School district
Paoli Community School Corp.

HOA & community

HOA fee
$265
HOA fee frequency
Annually

Taxes & terms

Annual taxes
$966
Tax year
2026
Tax exemptions
No Exemptions
Possession
At Closing
Parcel number
59-14-05-108-008.000-004

Included in the sale

Included in sale
Microwave,Refrigerator,Range-Electric,Water Heater Electric

Utilities

Water
Public
Sewer
Septic Tank

Location

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$144,900

2 beds · 1 bath