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For sale
  • $145,000

    7945 S Saluda Paynesville Road, Hanover, IN 47243

    3beds
    1,482sqft
    : 
    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
    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.
    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#: 202606806MLS LogoOriginating 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
        DateEventPrice
        3/20/2026Listed for sale$145,000$98/sqft
        Source: SIRA #202606806 Report a problem
        3/18/2026Listing removed$145,000$98/sqft
        Source: SIRA #2025013161 Report a problem
        3/8/2026Price change$145,000-12.1%$98/sqft
        Source: SIRA #2025013161 Report a problem
        2/18/2026Price change$165,000-5.7%$111/sqft
        Source: SIRA #2025013161 Report a problem
        2/9/2026Price change$175,000-5.4%$118/sqft
        Source: SIRA #2025013161 Report a problem
        1/9/2026Price change$185,000-2.6%$125/sqft
        Source: SIRA #2025013161 Report a problem
        12/17/2025Listed for sale$190,000+120.9%$128/sqft
        Source: SIRA #2025013161 Report a problem
        6/25/2020Sold$86,000-2.3%$58/sqft
        Source: SIRA #2019011370 Report a problem
        3/9/2020Price change$88,000-7.3%$59/sqft
        Source: Coldwell Banker Harrell & Associates #2019011370 Report a problem
        1/10/2020Price change$94,900-3.2%$64/sqft
        Source: Coldwell Banker Harrell & Associates #2019011370 Report a problem
        10/10/2019Price change$98,000+6.5%$66/sqft
        Source: Coldwell Banker Harrell & Associates #2019011370 Report a problem
        9/6/2019Listed for sale$92,000$62/sqft
        Source: Coldwell Banker Harrell And Associates #20190479 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax 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

        Monthly payment

        Est. payment
        $838/mo
        Principal & interest
        $758
        Property taxes
        $80
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          Climate risks

          Neighborhood: 47243

          Getting around

          0 / 100
          Car-Dependent
          25 / 100
          Somewhat Bikeable

          Nearby schools

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