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.
Address
Open on Google Maps- Address 4146 W State Road 56
- City Hanover
- State/county IN
- Zip/Postal Code 47243
Details
Updated on September 1, 2025 at 1:20 pm- Property ID: HZ2025010750
- Price: $498,500
- 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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