Step into history with this unique 3-bedroom, 1-bath home situated on over 2 peaceful acres in the heart of Painesville. Formerly the Painesville School, this property offers character you won’t find anywhere else, all in a quiet setting with a convenient in-town location. The spacious kitchen opens to the living room, creating an open and functional floor plan. The first floor features new vinyl plank flooring and fresh paint throughout. Upstairs, a non-conforming space offers flexibility for an office, hobby room, or additional bedroom use. Enjoy the covered porch and the rare bonus of two accessory garages with a total of six bays—ideal for storage, workshops, or additional uses. All kitchen appliances, plus washer and dryer, remain. Comfortable and move-in ready today, with endless potential for a buyer looking to add their own vision and make this historic property truly their own.
For sale
$145,000
7945 S Saluda Paynesville Road, Hanover, IN 47243
3beds
1,482sqft
Est.:
Single Family Residence
Built in 1900
2.1 Acres Lot
$140,500 Zestimate®
$98/sqft
$-- HOA
What's special
Covered porchFresh paint throughoutNew vinyl plank flooring
- 19 days |
- 709 |
- 30 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: March 20, 2026 at 01:08pm
Listed by:
John K. Davis,
Green Tree Real Estate Services
Source: SIRA,MLS#: 202606806
Originating MLS: Southern Indiana REALTORS Association
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Den, Office
Primary bedroom
- Description: Flooring: Carpet
- Level: First
Bedroom
- Description: Flooring: Carpet
- Level: First
Bedroom
- Description: Flooring: Carpet
- Level: First
Kitchen
- Description: Flooring: Luxury Vinyl Plank
- Level: First
Living room
- Description: Flooring: Luxury Vinyl Plank
- Level: First
Other
- Description: Flooring: Carpet
- Level: Second
Heating
- Heat Pump
Cooling
- Central Air
Appliances
- Included: Microwave, Oven, Range, Refrigerator
- Laundry: Main Level, Other
Features
- Bookcases, Ceiling Fan(s), Home Office, Loft, Main Level Primary, Utility Room
- Basement: Sump Pump
- Has fireplace: No
Interior area
- Total structure area: 1,282
- Total interior livable area: 1,482 sqft
- Finished area above ground: 1,282
- Finished area below ground: 0
Property
Parking
- Total spaces: 6
- Parking features: Detached, Garage
- Garage spaces: 6
Features
- Levels: One and One Half
- Stories: 1.5
- Patio & porch: Covered, Porch
- Exterior features: Handicap Accessible, Porch
Lot
- Size: 2.1 Acres
Details
- Additional structures: Garage(s)
- Parcel number: 0080053300
- Zoning: Agri/ Residential
- Zoning description: Agri/ Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Historic/Antique,One and One Half Story
- Property subtype: Single Family Residence
Materials
- Wood Siding, Frame
- Foundation: Block, Cellar
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Septic Tank
- Water: Connected, Public
Community & HOA
Location
- Region: Hanover
Financial & listing details
- Price per square foot: $98/sqft
- Tax assessed value: $111,100
- Annual tax amount: $830
- Date on market: 3/20/2026
- Cumulative days on market: 110 days
- Listing terms: Conventional,USDA Loan,VA Loan
Estimated market value
$140,500
$133,000 - $148,000
$1,493/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/20/2026 | Listed for sale | $145,000$98/sqft |
Source: | ||
| 3/18/2026 | Listing removed | $145,000$98/sqft |
Source: | ||
| 3/8/2026 | Price change | $145,000-12.1%$98/sqft |
Source: | ||
| 2/18/2026 | Price change | $165,000-5.7%$111/sqft |
Source: | ||
| 2/9/2026 | Price change | $175,000-5.4%$118/sqft |
Source: | ||
| 1/9/2026 | Price change | $185,000-2.6%$125/sqft |
Source: | ||
| 12/17/2025 | Listed for sale | $190,000+120.9%$128/sqft |
Source: | ||
| 6/25/2020 | Sold | $86,000-2.3%$58/sqft |
Source: | ||
| 3/9/2020 | Price change | $88,000-7.3%$59/sqft |
Source: Coldwell Banker Harrell & Associates #2019011370 Report a problem | ||
| 1/10/2020 | Price change | $94,900-3.2%$64/sqft |
Source: Coldwell Banker Harrell & Associates #2019011370 Report a problem | ||
| 10/10/2019 | Price change | $98,000+6.5%$66/sqft |
Source: Coldwell Banker Harrell & Associates #2019011370 Report a problem | ||
| 9/6/2019 | Listed for sale | $92,000$62/sqft |
Source: Coldwell Banker Harrell And Associates #20190479 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $872 -7.6% | $111,100 |
| 2023 | $943 +89.3% | $111,100 -1.3% |
| 2022 | $498 -2.9% | $112,600 +43.4% |
| 2021 | $513 -67.6% | $78,500 |
| 2020 | $1,585 -33.8% | $78,500 -0.4% |
| 2019 | $2,395 +54.2% | $78,800 |
| 2018 | $1,553 | $78,800 +0.5% |
| 2017 | -- | $78,400 |
| 2016 | -- | $78,400 +9.8% |
| 2014 | -- | $71,400 +0.8% |
| 2013 | -- | $70,800 |
| 2012 | -- | $70,800 +58.4% |
| 2011 | -- | $44,700 |
| 2010 | -- | $44,700 |
| 2009 | -- | $44,700 -4.9% |
| 2007 | -- | $47,000 +5.1% |
| 2006 | $344 | $44,700 +27% |
| 2005 | -- | $35,200 |
Find assessor info on the county website
Climate risks
Neighborhood: 47243
Nearby schools
GreatSchools rating
- 6/10Southwestern Elementary SchoolGrades: PK-5Distance: 6 mi
- 4/10Southwestern Middle SchoolGrades: 6-8Distance: 6.3 mi
- 4/10Southwestern Middle/Sr High SchoolGrades: 9-12Distance: 6.2 mi
Local experts in 47243
- Indiana
- Jefferson County
- Hanover
- 47243
- 7945 S Saluda Paynesville Road





