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About This Home
This 3-bedroom, 2-bathroom single family at 4146 W State Road 56 in Hanover, IN is listed for $490,000 ($235 per sqft). Built in 1960, the home offers 2,088 sqft of living space on a 2.89 acres lot.
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.
Key Features
- Built in 1960
- 2.89 acre lot
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$2,621/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
4146 W State Road 56
Hanover, IN 47243
Features & Amenities
Interior Features
Exterior Features
Property Details
Pool Features
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 2-bathroom single family at 4146 W State Road 56 is listed at $490,000 ($235/sqft). The estimated monthly payment is $2,123 based on 20% down at 6.5% interest.
Key features include: Built in 1960, 2.89 acre lot, Fireplace. Interior Features: 1st Floor Main, Breakfast Bar, Built-in Bookcase. Exterior Features: Covered Patio.
This property is listed by Robin Mingione and can be reached at (812) 734-6048 or robin.mingione@exprealty.com.