4146 W State Road 56 Hanover, IN 47243
Estimated payment $2,895/month
Highlights
- 2.89 Acre Lot
- 2 Fireplaces
- Formal Dining Room
- Wood Burning Stove
- Covered Patio or Porch
- Built-in Bookshelves
About This Home
Prime Land Opportunity for Investors and Developers! Take advantage of the expansion of Hanover College's new Grad School just across the road. Currently zoned R-1 which allows up to 4 single family homes per acre. The Town of Hanover has recently annexed this property into town limits and has approved a comprehensive plan labeling this property to be mixed use zoning. Just to the west is commercial zoned with businesses such as Dollar General, Urgent Care, Overhead Door, Fast Food and a Gas Station. Property has an updated recorded survey. The current residence is a 3bedroom/2 bathroom home that could continue on as a single family residence or converted to an office/business use under approval from the Town Board.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,878
Year Built
- Built in 1960
Lot Details
- 2.89 Acre Lot
Parking
- Off-Street Parking
Home Design
- Block Foundation
Interior Spaces
- 2,088 Sq Ft Home
- 1-Story Property
- Built-in Bookshelves
- 2 Fireplaces
- Wood Burning Stove
- Gas Fireplace
- Family Room
- Formal Dining Room
- Sump Pump
Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Ceramic Tile in Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Covered Patio or Porch
- Shed
Utilities
- Forced Air Heating and Cooling System
- Gas Available
- Electric Water Heater
- Water Softener
- On Site Septic
Listing and Financial Details
- Assessor Parcel Number 0090010400
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,870 | $143,500 | $24,600 | $118,900 |
| 2023 | $685 | $143,500 | $24,600 | $118,900 |
| 2022 | $746 | $142,200 | $24,600 | $117,600 |
| 2021 | $630 | $132,600 | $24,600 | $108,000 |
| 2020 | $716 | $132,600 | $24,600 | $108,000 |
| 2019 | $707 | $132,600 | $24,600 | $108,000 |
| 2018 | $688 | $132,600 | $24,600 | $108,000 |
| 2017 | $652 | $131,300 | $24,600 | $106,700 |
| 2016 | $486 | $118,900 | $24,600 | $94,300 |
| 2014 | $366 | $116,600 | $24,600 | $92,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/28/2025 08/28/25 | For Sale | $498,500 | +103.5% | $239 / Sq Ft |
| 09/20/2023 09/20/23 | Sold | $245,000 | 0.0% | $117 / Sq Ft |
| 08/30/2023 08/30/23 | Pending | -- | -- | -- |
| 08/30/2023 08/30/23 | For Sale | $245,000 | -- | $117 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $245,000 | Madison Land Title |
Source: Southern Indiana REALTORS® Association
MLS Number: 2025010750
APN: 39-14-01-000-038-000-002
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