NOT LISTED FOR SALE

119 N Madison Ave Hanover, IN 47243

Estimated Value: $145,000 - $205,000

3 Beds
1.5 Baths
1,784 Sq Ft
$93/Sq Ft Est. Value

Last Sold May 13, 2024

Last sale price $119,000 $67 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $991/month

25 Days on Market

Highlights

  • Property Under Renovation
  • 1 Fireplace
  • 1 Car Detached Garage
  • 0.79 Acre Lot
  • Covered Patio or Porch
  • 1-minute walk to Hanover Parks Department

About This Home

As of May 2024

Nestled in the Heart of Hanover lies a piece of history, an original farmhouse dating back to the late 1800s. Embraced by the spacious lot adorned with stately mature black walnut trees, this property exudes character and potential. Step into a 2-story haven spanning over 1,700 square feet, offering 3 bedrooms, a full bath, and a convenient half bath. While this charming abode awaits a touch of tender loving care, its structural integrity stands as a testament to its enduring quality. Unlock the possibilities of preservation by considering its eligibility as a historic site—a distinction awaiting its rightful recognition. Venture beyond the homestead, and discover two additional treasures: a quaint garage/shed and a sprawling outbuilding, measuring approximately 30' x 40', both resting upon sturdy concrete pads. These versatile structures invite a myriad of uses limited only by the bounds of imagination. Just around the corner lies the serene expanse of Hanover College, gracing the backdrop with its vast, tranquil campus. Engage in leisurely strolls, scholarly pursuits, or moments of quiet contemplation, all while relishing panoramic vistas of the majestic Ohio River from the vantage points of Hanover's verdant ridges. Experience the allure of this remarkable offering firsthand. Schedule a visit and unearth the endless possibilities awaiting within this captivating sanctuary.

Last Agent to Sell the Property

Aaron Withrow

Keller Williams Realty-East License #RB19001689 Listed on: 03/22/2024

Keller Williams Realty-East

Last Buyer's Agent

Kelsey Shaw

F.C. Tucker/Scott Lynch Group License #RB19000651

F.C. Tucker/Scott Lynch Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,434

Year Built

  • Built in 1900

Lot Details

  • 0.79

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Home Design

  • Property Under Renovation
  • Stone Foundation

Interior Spaces

  • 1,784 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Basement Cellar
  • Crawl Space

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Covered Patio or Porch
  • 0.79 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 391412442028000003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,434

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Additional Parking: Off Street
  • Annual Tax: 1434
  • Appointment: Mandatory
  • Construction: Existing, Under Renovation
  • Foundation: Crawl Space, Rock
  • Legal Description: 012-00156-00 PT E1/2 12-3-9 .79A 119 MADISON AVE 12-4-29
  • Numof Fireplaces: 1
  • Out Buildings: Garage
  • Parcel Number: 391412442028000003
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 1784
  • Type: 2 Story
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 1784.00
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Fireplace: Unknown
  • Lot Sq Ft: 34412.40
  • Sewer Type: Sewer
  • Total Sq Ft: 1784

Exterior Features

  • Exterior Features: Covered Porch, Public Sidewalk

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Nat Gas
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Lot Info

  • Acres: 0.7900
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2024
Sold by
Chi Chapter House Corportation Inc
Bought by
Historic Landmarks Foundationof Indiana
Current Estimated Value
$166,620

Purchase Details

Listed on
Mar 22, 2024
Closed on
May 13, 2024
Sold by
Coble Johanna
Bought by
Chi Chapter House Corportation Inc
Seller's Agent
Aaron Withrow
Keller Williams Realty-East
Buyer's Agent
Kelsey Shaw
F.C. Tucker/Scott Lynch Group
List Price
$128,000
Sold Price
$119,000
Premium/Discount to List
-$9,000
-7.03%
Views
182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.90%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Historic Landmarks Foundationof Indiana $165,000 Stoll Keenon Ogden Pllc
Chi Chapter House Corportation Inc $119,000 Pitt And Frank, Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2024 05/13/24 Sold $119,000 -7.0% $67 / Sq Ft
04/16/2024 04/16/24 Pending -- -- --
03/22/2024 03/22/24 For Sale $128,000 -- $72 / Sq Ft
Source: Southern Indiana REALTORS® Association

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,552 $77,600 $12,800 $64,800
2023 $1,516 $74,300 $12,800 $61,500
2022 $1,466 $72,100 $12,800 $59,300
2021 $1,434 $70,500 $12,800 $57,700
2020 $1,381 $67,800 $12,800 $55,000
2019 $1,390 $68,400 $12,800 $55,600
2018 $1,388 $68,400 $12,800 $55,600
2017 $1,372 $67,800 $12,800 $55,000
2016 $1,371 $67,800 $12,800 $55,000
2014 $1,525 $75,900 $12,800 $63,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202406649

Southern Indiana REALTORS® Association

APN: 39-14-12-442-028-000-003