$485,500

121 Presbyterian Ave Hanover, IN 47243

Estimated payment $2,948/month

Total Views 5,483
4 Beds
5 Baths
5,790 Sq Ft
$84 Price per Sq Ft

Highlights

  • 2.13 Acre Lot
  • Formal Dining Room
  • Thermal Windows
  • Park or Greenbelt View
  • 2 Car Garage
  • 2-minute walk to Hanover Parks Department

About This Home

Greetings from Magnolia Manor!
This magnificent home, situated on 2.13 acres in the heart of Hanover, offers the perfect blend of natural beauty, thoughtful updates, and spacious living – all just minutes from town.
Step onto a property unlike any other, lovingly curated over the years with an extraordinary collection of mature trees. In spring, daffodils bloom across the property, creating a truly magical scene, while fall dazzles with vibrant foliage in every direction. The home is equally enchanting. With plenty of living space, you'll find an inviting eat-in kitchen with quartz countertops, painted cabinetry, plus a formal dining room, year-round sunroom with floor-length windows, and a spacious family room in the basement—perfect for entertaining. Bathrooms on each level add convenience, and the large patio and screened-in shelter house (2024) make outdoor hosting a breeze.
Practical updates ensure peace of mind:
New roof (Oct 2023),
New windows throughout (2023–2024),
HVAC system updated,
Driveway resurfaced (2022),
New storm doors (2022),
Shelter house added in 2022, screened in 2024. Don’t miss the chance to own a one-of-a-kind sanctuary where nature, space, and comfort come together. Welcome home to Magnolia Manor!

Listing Agent

JR Harrell

Coldwell Banker Harrell & Asso License #RB14042161 Listed on: 06/25/2025

Coldwell Banker Harrell & Asso

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,479

Year Built

  • Built in 1958

Lot Details

  • 2.13 Acre Lot
  • Landscaped
  • Property is zoned Agri/ Residential

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Poured Concrete
  • Frame Construction
  • Radon Mitigation System

Interior Spaces

  • 5,790 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Skylights
  • Decorative Fireplace
  • Thermal Windows
  • Formal Dining Room
  • Park or Greenbelt Views
  • Finished Basement

Kitchen

  • Oven or Range
  • Dishwasher
  • Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Water Softener

Listing and Financial Details

  • Assessor Parcel Number 391412442025001003

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,479

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Improvements: 269800
  • Additional Parking: Off Street
  • Additional Assessor Parcel Numbers: 391412442025000003
  • Annual Tax: 3479
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Poured Concrete
  • Land Assessment: 50300
  • Legal Description: 012-00126-01 PT E 1/2 SEC 12-3 .9632A 12-4-1.1 ;012-00126-00 PT E 1/2 SEC 12-3-9 1.17A 12-4-1
  • Numof Fireplaces: 1
  • Out Buildings: Garage
  • Parcel Number: 391412442025001003
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 320100
  • Total Deduction Amnt: 139613
  • Total Finished Square Footage: 5790
  • Type: 1.5 Story
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Finished
  • Above Grade Finished Sq Ft: 3395.00
  • Appliances: Compactor, Dishwasher, Disposal, Garage Door Opener, Range / Oven, Refrigerator, Water Softener
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bathrooms: 5.00
  • Total Bedrooms: 4
  • Fireplace: Decorative
  • Interior Amenities: Bath Master, Ceiling Fan(s), Formal Dining Rm, Radon Mitigation Sys, Skylights
  • Lot Sq Ft: 92782.80
  • Room Count: 11
  • Sewer Type: Sewer
  • Total Sq Ft: 5790
  • Total Rooms: 11

Exterior Features

  • Exterior Features: Landscaped, Paved Driveway, Thermopane Windows
  • Road Frontage: 150

Garage/Parking

  • Garage Type: Attached, Detached
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Electric
  • Heat Type: Heat Pump
  • Water Type: Public Onsite

Lot Info

  • Acres: 2.1300
  • Lot Description: Park-Like View
  • Zoning: Agri/ Residential

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,923 $292,300 $22,500 $269,800
2023 $2,617 $261,700 $22,500 $239,200
2022 $2,402 $240,200 $22,500 $217,700
2021 $2,220 $222,000 $22,500 $199,500
2020 $2,220 $222,000 $22,500 $199,500
2019 $2,220 $222,000 $22,500 $199,500
2018 $1,960 $196,000 $22,500 $173,500
2017 $2,054 $205,400 $22,500 $182,900
2016 $1,963 $196,300 $22,500 $173,800
2014 $1,782 $178,200 $22,500 $155,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2025 06/25/25 For Sale $485,500 +81.2% $84 / Sq Ft
09/21/2018 09/21/18 Sold $268,000 -2.5% $46 / Sq Ft
08/10/2018 08/10/18 Pending -- -- --
07/16/2018 07/16/18 For Sale $274,900 +20.0% $47 / Sq Ft
08/07/2013 08/07/13 Sold $229,000 -4.5% $39 / Sq Ft
07/08/2013 07/08/13 Pending -- -- --
04/23/2013 04/23/13 For Sale $239,900 -- $41 / Sq Ft
Source: Southern Indiana REALTORS® Association

Purchase History

Date Type Sale Price Title Company
Grant Deed $268,000 --
Deed $229,000 --
Deed $229,000 --
Deed $300,000 --
Deed $300,000 --
Source: Public Records

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Source: Southern Indiana REALTORS® Association

MLS Number: 202509029

Southern Indiana REALTORS® Association

APN: 39-14-12-442-025-001-003