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.
For sale
$450,000
4146 W State Road 56, Hanover, IN 47243
3beds
2,088sqft
Single Family Residence
Built in 1960
2.89 Acres Lot
$428,300 Zestimate®
$216/sqft
$-- HOA
What's special
- 2 days
- 53
- 1
Zillow last checked:
Listing updated:
Listed by:
Robin Mingione,
eXp Realty, LLC
Source: SIRA,MLS#: 2026011386
Originating MLS: Southern Indiana REALTORS Association
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Family Room
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Water Softener, Washer
- Laundry: Laundry Closet, Main Level
Features
- Breakfast Bar, Bookcases, Ceramic Bath, Separate/Formal Dining Room, Main Level Primary, Pantry
- Basement: Sump Pump
- Number of fireplaces: 2
- Fireplace features: Gas, Wood Burning Stove
Interior area
- Total structure area: 2,088
- Total interior livable area: 2,088 sqft
- Finished area above ground: 2,088
- Finished area below ground: 0
Property
Parking
- Details: Off Street
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio
- Exterior features: Patio
- Frontage length: 740
Lot
- Size: 2.89 Acres
Details
- Additional structures: Shed(s)
- Parcel number: 0090010400
- Zoning: Residential
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One Story
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Septic Tank
- Water: Connected, Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Hanover
Financial & listing details
- Price per square foot: $216/sqft
- Annual tax amount: $3,448
- Date on market: 9/1/2026
- Listing terms: Cash,Conventional,Contract,FHA,Lease Option,Lease Purchase,USDA Loan,VA Loan
- Road surface type: Paved
Estimated market value
$428,300
$407,000 - $450,000
$1,801/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/2/2026 | Listed for sale | $450,000-8.2%$216/sqft |
Source: | ||
| 8/31/2026 | Listing removed | $490,000$235/sqft |
Source: eXp Realty #2025010750 Report a problem | ||
| 4/13/2026 | Listing removed | $1,800$1/sqft |
Source: SIRA #202605858 Report a problem | ||
| 2/7/2026 | Listed for rent | $1,800$1/sqft |
Source: SIRA #202605858 Report a problem | ||
| 2/7/2026 | Price change | $490,000-1.7%$235/sqft |
Source: | ||
| 9/1/2025 | Listed for sale | $498,500-0.2%$239/sqft |
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| 8/25/2025 | Listing removed | $499,500$239/sqft |
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| 2/24/2025 | Listed for sale | $499,500-8.9%$239/sqft |
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| 2/24/2025 | Listing removed | $548,500$263/sqft |
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| 8/23/2024 | Listed for sale | $548,500+123.9%$263/sqft |
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| 9/20/2023 | Sold | $245,000$117/sqft |
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| 8/30/2023 | Pending sale | $245,000$117/sqft |
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| 8/30/2023 | Listed for sale | $245,000-7.5%$117/sqft |
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| 8/3/2023 | Listing removed | $265,000$127/sqft |
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| 1/6/2023 | Listing removed | -- |
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| 1/6/2023 | Pending sale | $265,000$127/sqft |
Source: | ||
| 9/14/2022 | Price change | $265,000-7%$127/sqft |
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| 3/22/2022 | Price change | $285,000-4.4%$136/sqft |
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| 3/3/2022 | Listed for sale | $298,000$143/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment





