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500 N Gospel Street

Paoli, IN 47454

ActiveListed Aug 21, 2026 · 48 days on market

Key facts

Beds
3
Baths
1 full
Living area
2,449 sqft
Lot
0.3 acres
Year built
1935
Type
Residential · Single Family Residence
Stories
One and one half
Garage
2 spaces
MLS #
22130511
County
Orange
Subdivision
No Subdivision
Total building area
3,782 sqft

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.

Description provided by the listing brokerage.

Interior

Appliances
Electric OvenRefrigerator
Interior features
Built-in FeaturesWood Work Stained
Basement
Full
Fireplaces
1
Fireplace type
Living RoomWood Burning
Rooms
8
Main-level bedrooms
1

Exterior

Construction
Wood Siding
Foundation
Concrete Perimeter
Parking and garage
Attached

Systems

Heating
Forced Air
Cooling
Central Air
Water
Public

Lot and HOA

Lot features
Corner Lot

Schools

School district
Paoli Community School Corp

Taxes

Estimated annual tax
$862 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$800per month, estimated
Principal and interest $681Property tax $72Insurance $47
20% · $27,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$135,000
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