NOT LISTED FOR SALE

5315 W Prospect Rd Hanover, IN 47243

Estimated Value: $416,000 - $451,000

3 Beds
2 Baths
2,930 Sq Ft
$149/Sq Ft Est. Value

Last Sold April 07, 2025

Last sale price $440,000 $150 Per Sq Ft

Current estimated payment $2,458/month

167 Days on Market

Highlights

  • Above Ground Pool
  • Open Floorplan
  • Recreation Room
  • Panoramic View
  • Deck
  • Creek On Lot

About This Home

As of April 2025

Back On at NO fault of Home or Sellers! This house has made it through inspections and appraisal review- so it is READY to CLOSE! Don't miss out on this property! Well maintained Log Cabin with wrap around porch on secluded 4.6 acres with plenty of room for fun and entertainment! Explore the Chef's kitchen with custom Hickory Cabinets, Granite counters, Kitchen-aid appliances, and all the amenities! Open concept kitchen/dining/living and vaulted ceilings makes a great space for entertaining. There are 2 bedrooms, bath, and laundry on main floor with access to large above ground pool and plenty of deck to sunbathe and party. Enjoy the beautiful primary suite upstairs with private balcony. The walkout basement has another fireplace that did have a woodstove and another could easily be inserted. The Safe Room is large enough for several people or storage. There is still a garage door overhead if you wanted to remove the French doors and use as a garage. Don't forget to check out the large detached garage to store all your toys, equipment and more!
The Kitchen upgrade is less than 5 years old and the metal roof is less than 10 years. The entire exterior of home and decking was all stained/treated within 1 year as well as the HVAC was replaced. Schedule today to tour this wonderful property!

Last Agent to Sell the Property

Robin Mingione

eXp Realty, LLC License #RB21001446 Listed on: 09/19/2024

eXp Realty, LLC

Last Buyer's Agent

Paul Floyd

Keller Williams Realty Consultants License #RB14046882

Keller Williams Realty Consultants

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,727

Year Built

  • Built in 1989

Lot Details

  • 4.63 Acre Lot
  • Wooded Lot
  • Garden
  • Property is zoned Agri/ Residential

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Poured Concrete
  • Wood Siding
  • Wood Trim
  • Stone Exterior Construction

Interior Spaces

  • 2,930 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Self Contained Fireplace Unit Or Insert
  • Thermal Windows
  • Blinds
  • Family Room
  • Recreation Room
  • Loft
  • Bonus Room
  • Utility Room
  • Panoramic Views
  • Partially Finished Basement
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Above Ground Pool
  • Creek On Lot
  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Two Heating Systems
  • Electric Water Heater
  • Water Softener
  • On Site Septic

Listing and Financial Details

  • Assessor Parcel Number 391602000003001012

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,727

Year Built

Built in 1989

Lot Details

0

Parking

3

Listing Details

  • Additional Parking: Off Street
  • Annual Tax: 1727
  • Appointment: Mandatory
  • Construction: Existing
  • Foundation: Poured Concrete
  • Legal Description: 008-00357-01 NW NE 2-2-9 4.629 AC 8-17-9.1
  • Numof Fireplaces: 2
  • Out Buildings: Garage
  • Parcel Number: 391602000003001012
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Timber Acreage: 2.5
  • Total Finished Square Footage: 2930
  • Type: 2 Story
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Partially Finished, Walkout
  • Above Grade Finished Sq Ft: 2430.00
  • Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Disposal, Garage Door Opener, Humidifier, Microwave, Oven Self Clean, Range / Oven, Refrigerator, Water Softener
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Fireplace: Insert, Unknown
  • Interior Amenities: Bath Master, Blinds, Bonus Room, Breakfast Bar, Cath/Vaul/Tray Ceil, Ceiling Fan(s), Eat-In Kitchen, Family Room, Jetted Tub, Kitchen Island, Loft, Natural Wood Trim, Open Floor Plan, Rec Room, Split Bedrooms, Utility/Mud Room, Walk-In Closet(s)
  • Lot Sq Ft: 201682.80
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 2930

Exterior Features

  • Exterior Features: Balcony, Covered Patio, Covered Porch, Deck, Paved Driveway, Pool - Above Ground, Porch, Stone, Thermopane Windows, Wood
  • Road Frontage: 306

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 3
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Dual, Electric
  • Heat Type: Forced Air
  • Water: Creek
  • Water Type: Public Onsite

Lot Info

  • Acres: 4.6300
  • Lot Description: Adj Pub/Priv Open Ar, Garden Area, Panoramic View, Wooded Lot
  • Zoning: Agri/ Residential

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2025 04/07/25 Sold $440,000 0.0% $150 / Sq Ft
03/05/2025 03/05/25 Pending -- -- --
03/05/2025 03/05/25 For Sale $440,000 0.0% $150 / Sq Ft
02/03/2025 02/03/25 Pending -- -- --
01/30/2025 01/30/25 Price Changed $440,000 -1.7% $150 / Sq Ft
12/04/2024 12/04/24 For Sale $447,500 0.0% $153 / Sq Ft
11/16/2024 11/16/24 Pending -- -- --
10/29/2024 10/29/24 Price Changed $447,500 -0.6% $153 / Sq Ft
09/19/2024 09/19/24 For Sale $450,000 -- $154 / 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 $1,739 $178,900 $19,300 $159,600
2023 $1,728 $178,900 $19,300 $159,600
2022 $1,847 $182,800 $19,300 $163,500
2021 $1,611 $158,800 $19,300 $139,500
2020 $1,612 $158,800 $19,300 $139,500
2019 $1,582 $160,400 $19,300 $141,100
2018 $1,526 $160,400 $19,300 $141,100
2017 $1,365 $151,700 $19,300 $132,400
2016 $1,350 $151,700 $19,300 $132,400
2014 $1,073 $137,700 $19,300 $118,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2024011038

Southern Indiana REALTORS® Association

APN: 39-16-02-000-003-001-012