5497 E  State Road 56, Paoli, IN 47454
OFF MARKET

5497 E State Road 56
Paoli, IN 47454

  • 3 Beds
  • 2 Baths
  • 1,728 sqft (on 4 acres)

$320,500

Trulia Estimate
as of Aug 15, 2026
Est. Refi. Payment $1,884/mo*

$320,500

Trulia Estimate
as of Aug 15, 2026
Est. Refi. Payment $1,884/mo*
3 Beds
2 Baths
1,728 sqft
(on 4 acres)

Home Value

Trulia Estimate
$321K
Since last month
Increased$2K (+0.7%)
Since last year
Increased$14K (+4.7%)
Since last sale
Increased$285K (+791.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +110% in the last 10 years
MonthEstimated value
2026
August 2026$321K
July 2026$319K
June 2026$319K
May 2026$316K
April 2026$304K
March 2026$305K
February 2026$299K
January 2026$305K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1.59
Single-Family Home
$65,000
04/15/26
3
2
1,436
2.60
Single-Family Home
$100,000
09/05/25
2
1
1,224
3.84
Single-Family Home
$255,000
09/23/25
3
2
2,152
4.03
Single-Family Home
$165,000
09/12/25
3
1
1,008
4.49
Single-Family Home
$225,000
04/10/26
3
2
1,122

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.39
$370,000
3
2
2,560
Off Market
0.98
$287,700
3
2.5
2,125
Off Market
1.30
$437,500
6
-
2,935
Off Market
1.19
$149,400
3
2
1,296
Off Market
1.86
$516,200
6
-
4,361
Off Market
1.39
$143,100
3
2
1,080
Off Market
1.80
$175,600
1
1
1,268
Off Market

Local Information

  • Map ViewExplore the area around 5497 E State Road 56.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2011
Lot Size
4 acres
Living Area
1,728 sqft
Price/Sqft
$185
Parking
Garage

About this House

This single-family home is located at 5497 E State Road 56, Paoli, IN. 5497 E State Road 56 is in Paoli, IN and in ZIP code 47454. This property has 3 bedrooms, 2 bathrooms and approximately 1,728 sqft of floor space. This property has a lot size of 4.00 acres and was built in 2011.
5497 E State Road 56, Paoli, IN 47454 is a 3 bedroom, 2 bathroom, 1,728 sqft single-family home built in 2011. It last sold for $36,000 on Dec 13, 2012. It is currently off market. The Trulia Estimate is $320,500, with a rent estimate of $1,821/month.

Home Details for 5497 E State Road 56

Interior Features

Heating & Cooling
Heating: OtherAir ConditioningCooling System: CentralHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1
Interior Details
AtticNumber of Rooms: 5

Exterior Features

Exterior Home Features
Roof: MetalFoundation Type: Crawl Raised
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 2011
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 4.00 acres

Price and Tax history

DateEventPrice
Dec 13, 2012
Source: N/A
Sold
$36,000

Market trends in Paoli

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
48
5
MoM
Skip to last item
  • Results are loading
Skip to first item

What Locals Say about Paoli

At least 13 Trulia users voted on each feature.
  • 100 % Say car is needed

  • 86 % Say parking is easy

  • 86 % Say yards are well-kept

  • 80 % Say there's holiday spirit

  • 69 % Say it's dog friendly

  • 65 % Say kids play outside

  • 63 % Say there's wildlife

  • 59 % Say neighbors are friendly

  • 58 % Say streets are well-lit

  • 53 % Say it's walkable to grocery stores

  • 47 % Say it's quiet

  • 46 % Say people would walk alone at night

  • 43 % Say they plan to stay for at least 5 years

  • 40 % Say there are sidewalks

  • 35 % Say there are community events

  • 29 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Allie06240
    "Halloween is always extravagant. But other than that budgets are managed poorly and the cops worry about CBD rather than other drug issues in the community. "
  • Cristy F.
    "Neighbors are friendly. Mature trees. Kids playing all the time. Close to amenities but cozy neighborhood and wouldn’t know it. "
  • Skfarris88
    "it's a nice dead end street, with not alot of traffic. And well taken care of. kids can play and not have to worry about them alot. "
  • john k. m.
    "We own this house at 244 E. Thornton Street. It was built in 1950 not 1919. We have the papers to prove it and neighbors to verify it. The lot the house is on goes clear back to Liberty Street. Our home sets on 0.55 acre of ground. Please correct your mistakes. Thank You John & Sharon Karn"

LGBTQ Local Legal Protections

Apartments for Rent

Skip to last item
  • Results are loading
Skip to first item

Homes for sale near 5497 E State Road 56

Skip to last item
Skip to first item

Off Market Homes Near 5497 E State Road 56

Skip to last item
Skip to first item

Frequently asked questions about 5497 E State Road 56

  • What is 5497 E State Road 56 estimated to be worth?
    Trulia's estimated value for 5497 E State Road 56 in Paoli, IN is $320,500.
  • What is the price history for 5497 E State Road 56?
    5497 E State Road 56 in Paoli, IN last sold for $36,000 in December 2012.
  • Is Paoli a buyer's or seller's market?
    Paoli is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Paoli?
    Residents describe Paoli, IN as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See recently sold homes in Paoli, IN.
  • Does 5497 E State Road 56 have air conditioning?
    Yes, 5497 E State Road 56 in Paoli, IN has air conditioning.
  • How big is the lot at 5497 E State Road 56?
    The lot at 5497 E State Road 56 in Paoli, IN is about 4 acres.