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118 W Thornton Street, Paoli, IN, 47454

3beds
2baths
1,192sqft
$239,900
$201price/sqft
$1,971/moest. monthly cost
$78,840/yrincome needed

About This Home

Check out this beautiful fully updated 3-bedroom, 2-bath home situated on a .34-acre in-town lot. Move-in ready property features the modern updates today’s buyers are looking for, paired with a warm, inviting feel throughout. Conveniently located near Paoli schools, shopping, and dining, offering both comfort and accessibility in a desirable location.

Getting Around

59
WalkingSomewhat Walkable
0
TransitVery Limited Transit
30
BikeSomewhat Bikeable

Schools

6/10
Throop Elementary SchoolGrades PK-60.6 mi
5/10
Paoli Jr & Sr High SchoolGrades 7-120.7 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1935

Materials

  • Foundation: Poured
  • Roof: Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: One Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Oven,Range,Refrigerator
  • Laundry features: Main Level,Laundry Room

Basement

  • Has basement: Yes
  • Basement: Exterior Entry,Unfinished,Walk-Up Access

Bedroom

  • Level: First
  • Dimensions: 10.10 x 10.4

Bedroom

  • Level: First
  • Dimensions: 10.11 x 14.9

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Level: First
  • Dimensions: 11 x 10.2

Features

  • Ceiling Fan(s),Bath in Primary Bedroom,Main Level Primary,Walk-In Closet(s)
  • Number of fireplaces: 1
  • Fireplace features: Insert
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,192

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,192
  • Total interior livable area: 1,192 sqft

Kitchen

  • Level: First
  • Dimensions: 10.11 x 11.8

Living Room

  • Level: First
  • Dimensions: 10.11 x 17.2

Master Bedroom

  • Level: First
  • Dimensions: 16 x 18

Other

  • Level: First
  • Dimensions: 6.2 x 8.10

Other

  • Level: First
  • Dimensions: 7.3 x 7.1

Property

Details

  • Parcel number: 590636305223010012
  • Zoning: Residential
  • Zoning description: Residential

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Porch
  • Exterior features: Porch
  • Has view: Yes
  • View description: Panoramic

Lot

  • Lot size: 0.34 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Tornado
Inland Flooding
Strong Wind
Winter Weather
Cold Wave
Earthquake
Heat Wave
Ice Storm
Lightning

FEMA Declared Disasters Across Indiana Counties

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,213$14,556
Home Insurance *$189$2,268
Property Taxes $385$4,620
Electricity $184$2,212
Total$1,971$23,652
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$67,577/yr
40% on housing$59,130/yr
45% on housing$52,560/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 6.9%
6.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$201This listing

vs Other Active Listings

Avg $/sqft

ZIP 47454$102
Orange County$117

vs Homes Sold Last Month

Median $/sqft

ZIP 47454
Orange County$124

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-15Price change$239,900
2026-06-05Listed for sale$245,000
2026-06-01Pending sale$245,000
2026-03-25Listed for sale$245,000
2025-05-12Sold$65,000

For Sale by Agent

AgentElmer Lambright
BrokerageeXp Realty, LLC - New Salisb

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