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  • Property Type
  • Residential, Residential
  • 3
  • Bedrooms
  • 2
  • Bathrooms
  • 2088 Sqft
  • Area Size
  • 2.887 Acres
  • Land Area
  • 1960
  • Year Built
4146 W State Road 56 , Hanover, IN 47243
  • $490,000
  • $498,500

Description

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.

  • Address: 4146 W State Road 56
  • City: Hanover
  • State/county: IN
  • Zip/Postal Code: 47243

Details

Updated on February 10, 2026 at 3:47 pm
  • Property ID HZ2025010750
  • Price $490,000
  • Property Size 2088 Sqft
  • Land Area 2.887 Acres
  • Bedrooms 3
  • Bathrooms 2
  • Garage Size x x
  • Year Built 1960
  • Property Type Residential, Residential
  • Property Status Active
  • MLS# 2025010750

Additional details

  • Listing Terms Cash,Conventional,Contract,FHA,USDA Loan,VA Loan
  • Roof Shingle
  • Sewer Septic Tank
  • Cooling Central Air
  • Heating Forced Air
  • County Jefferson_IN
  • Property Type Residential
  • Architectural Style One Story

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William Andes
  • William Andes

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