4146 W State Road 56,Hanover, IN 47243
Hanover, IN 47243
Description
Investors- Developers Take Note! Prime Land Opportunity. Take advantage of the expansion of Hanover's fast growing commercial development and neighboring Hanover College! The Town of Hanover has recently annexed this property into town limits and has approved a comprehensive plan labeling this property potential to be mixed use zoning. Currently zoned R-1 allows up to 4 single family homes per acre, but with the need for more housing, this is enough land for apartments or duplexes. It is also large enough for potential commercial use.... Just to the west is commercial zoned with Dollar General, Urgent Care, Overhead Door, McDonalds, Subway, Taco Bell, and Gas Station. Property has an updated recorded survey. The current residence is a 3 bedroom/2 bathroom home that could continue on as a single family residence/rental or converted to an office/business. ***Some photographs are potential conceptual development renderings. Seller is willing to short term lease the property... $1,800.00/mo utilities included. No pets. No smoking. Tenants must pass a background and credit check.
Details
| MLS # | 2026011386 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1960 |
| Days On Site | 50 |
| Listing Provided By | eXp Realty, LLC | Robin Mingione |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 2,088 |
| Basement | Y |
| Story(s) | 1 |
| Zoning | Residential |
| Acreage | 2.89 |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 3448 |
|---|
Area Information
| State | IN |
|---|---|
| County | Jefferson_IN |
| City | Hanover |
| Zip Code | 47243 |
| Area | Hanover |
| Listing VS Median (in 47243) | |
Price: $450,000 low | high Med: $349,900 sqft: 2,088 low | high Med: 1,808 $ / sqft: $216 low | high Med: $194 On site: 50 low | high Med: 154.5 | |
Market Activity 47243
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Learn More About This Property
| State | IN |
|---|---|
| County | Jefferson_IN |
| City | Hanover |
| Zip Code | 47243 |
| Area | Hanover |
| Listing VS Median (in 47243) | |
Price: $450,000 low | high Med: $349,900 sqft: 2,088 low | high Med: 1,808 $ / sqft: $216 low | high Med: $194 On site: 50 low | high Med: 154.5 | |