Listing courtesy of eXp Realty, LLC · Listing agent: Elmer Lambright · Cell: 812-653-4121

Virtual tour
ActiveSite-Built Home

500 N Gospel Street

$135,000

$55.12 / sq ft

Est. $850/mo

Paoli, IN 47454

  • 2-car garage
  • Fireplace
  • Basement
Bedrooms
5
Bathrooms
1
Living area
2,449 sq ft
Lot
0.3 ac
Year built
1935
Type
Site-Built Home
Listed
August 21, 2026
MLS #
202634381

About this home

Step into a unique piece of Paoli history with this spacious 5-bedroom, 1-bath home offering 2,449 finished square feet. Built in 1935 by Dr. Clark, the property originally served as both his medical practice and personal residence, giving the home a story and character all its own. Ready for your personal touches, this property offers an exciting opportunity to restore and update while preserving its original charm. Beneath the carpet throughout the main level and in three of the upstairs bedrooms, you'll find original hardwood floors just waiting to be brought back to life. Additional historic details include the original front door and built-in cabinetry in the dining room. Enjoy views of the Orange County Courthouse and a convenient location in the heart of Paoli. With generous living space, distinctive character, and a rich local history, this home is ready for its next chapter.

Monthly payment estimate

$850/mo

Principal & interest
$739
Property taxes
$72
Homeowners insurance
$39
Your loan

  • Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
  • Taxes: the seller's 2025 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.
Change taxes, insurance and more in the full calculator

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Property details

Interior

Levels
One and One Half
Total rooms
7
Total area
3,782 sq ft
Finished area above grade
2,449 sq ft
Unfinished area below grade
1,333 sq ft
Below grade total
1,333 sq ft
Bedrooms above grade
5
Full baths, main level
1
Basement
Unfinished
Heating
Forced Air
Cooling
Central Air
Fireplaces
1
Fireplace features
Living/Great Rm
Laundry
Main Level

Exterior & parking

Construction
Wood Siding
Garage spaces
2
Garage type
Basement
Garage sq ft
1,530 sq ft
Private pool
No
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot features
Corner Lot, Sloped, 0-2.9999
Lot size (acres)
0.3 ac
Lot dimensions
irregular
County
Orange County
Township
Paoli
Platted
Yes
Planned unit development
No
Directions
GPS friendly address.

Schools

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

Taxes & terms

Annual taxes
$862
Tax year
2025
Listing terms
Cash, Conventional
Possession
to be agreed
Parcel number
59-06-36-423-002.000-012

Included in the sale

Included in sale
Refrigerator,Washer,Dryer-Electric,Range-Electric

Utilities

Water
Public
Sewer
Public Sewer

Income & commercial

Gas meters
9

Location

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