4146 W State Road 56, Hanover, IN 47243

$548,500 Asking Price

3 beds
2 baths
2,088  sqft
Built in 1960

Prime Land Opportunity for Investors and Developers! Take advantage of the expansion of Hanover College's new Veterinary/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 Urgent Care, Overhead Door, Fast Food and a 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 or converted to an office/business use under approval from the Town Board.

Features & Amenities

Interior

General:
Attic,Bookcases,Separate/Formal Dining Room,Entrance Foyer,Eat-in Kitchen,Main Level Primary,Pantry
Appliances:
Dryer,Dishwasher,Disposal,Microwave,Oven,Range,Refrigerator,Water Softener,Trash Compactor,Washer
Laundry:
Laundry Closet,Main Level
A/C:
true, Central Air
Heating:
true, Forced Air
Fireplace:
Gas,Wood Burning, Fireplace, Fireplaces: 2

Exterior

General:
Porch,Patio, Shed(s)
Style:
One Story
Other Structures:
Shed(s)
Parking:
No Garage

Construction

Roofing:
Shingle
General:
Brick, 1, Block

Location

Road/Access:
Paved
Originating MLS:
SIRA
County:
Jefferson_IN

Lot

Zoning:
Residential, 009-00104-00 S SE 1-3-9 3.31 AC 9-7-39 4146 W SR 56, 0090010400
View:
Park/Greenbelt,Panoramic, View

Utilities

Water:
Connected,Public
Sewer:
Septic Tank

Financial

Source:
SIRA

This listing courtesy of:
eXp Realty, LLC

About Hanover, IN

Housing

Number of Units
2,176
Median Home Value
$122,301
Median Rent
$547

28.90% of housing units are renter occupied.

11.46% are vacant.

Commute

Car
83.64%
Public Transportation
0.66%
Walk to Work
9.39%
Work from Home
4.89%
Other
1.29%

The median travel time to work is 21 minutes.

People

Population
6,019
Median Age
32.80
Median Household Size
2.71

Education

High School
40.73%
Associate’s Degree
12.94%
Bachelor’s Degree
9.36%
Graduate Degree
5.63%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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