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.
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
$490,000
4146 W State Road 56, Hanover, IN 47243
3beds
2,088sqft
Single Family Residence
Built in 1960
2.89 Acres Lot
$463,800 Zestimate®
$235/sqft
$-- HOA
What's special
- 314 days |
- 92 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Robin Mingione,
eXp Realty, LLC
Source: SIRA,MLS#: 2025010750
Originating MLS: Southern Indiana REALTORS Association
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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
- Brick, Frame
- Foundation: Block
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Septic Tank
- Water: Connected, Public
Community & HOA
Location
- Region: Hanover
Financial & listing details
- Price per square foot: $235/sqft
- Annual tax amount: $2,878
- Date on market: 8/28/2025
- Cumulative days on market: 684 days
- Listing terms: Cash,Conventional,Contract,FHA,USDA Loan,VA Loan
- Road surface type: Paved
Estimated market value
Zestimate®
$463,800
Estimated sales range
$441,000 - $487,000
Rent Zestimate®
$2,257/mo
Price history
| Date | Event | Price |
|---|---|---|
| 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 |
Source: | ||
| 8/25/2025 | Listing removed | $499,500$239/sqft |
Source: | ||
| 2/24/2025 | Listed for sale | $499,500-8.9%$239/sqft |
Source: | ||
| 2/24/2025 | Listing removed | $548,500$263/sqft |
Source: | ||
| 8/23/2024 | Listed for sale | $548,500+123.9%$263/sqft |
Source: | ||
| 9/20/2023 | Sold | $245,000$117/sqft |
Source: | ||
| 8/30/2023 | Pending sale | $245,000$117/sqft |
Source: | ||
| 8/30/2023 | Listed for sale | $245,000-7.5%$117/sqft |
Source: | ||
| 8/3/2023 | Listing removed | $265,000$127/sqft |
Source: | ||
| 1/6/2023 | Listing removed | -- |
Source: | ||
| 1/6/2023 | Pending sale | $265,000$127/sqft |
Source: | ||
| 9/14/2022 | Price change | $265,000-7%$127/sqft |
Source: | ||
| 3/22/2022 | Price change | $285,000-4.4%$136/sqft |
Source: | ||
| 3/3/2022 | Listed for sale | $298,000$143/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 47243
Nearby schools
GreatSchools rating
- 5/10Southwestern Elementary SchoolGrades: PK-5Distance: 1.3 mi
- 5/10Southwestern Middle SchoolGrades: 6-8Distance: 1.1 mi
- 4/10Southwestern Middle/Sr High SchoolGrades: 9-12Distance: 1.1 mi
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- Indiana
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- 47243
- 4146 W State Road 56