The superconducting state of Sr$_2$RuO$_4$ was once thought to be a leading candidate for $p$-wave superconductivity. A constant Knight shift below the transition temperature provided evidence for spin-triplet pairing, and a $\pi$ phase shift observed in Josephson junction tunneling experiments suggested odd-parity pairing, both of which are described by $p$-wave states. However, with recent experiments observing a significant decrease in the Knight shift below the transition temperature, signifying a spin-singlet state, the odd-parity results are left to be reconciled. In this work, we show that an even-parity pseudospin-singlet state originating from interorbital pairing via spin-orbit coupling can explain what has been assumed to be evidence for an odd-parity state. In the presence of small mirror symmetry breaking, interorbital pairing is uniquely capable of displaying odd-parity characteristics required to explain these experimental results. Further, we discuss how these experiments may be used to differentiate the proposed pairing states of Sr$_2$RuO$_4$.