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  • Property Type
  • Residential, Residential
  • 3
  • Bedrooms
  • 2
  • Bathrooms
  • 2088 Sqft
  • Area Size
  • 2.887 Acres
  • Land Area
  • 1960
  • Year Built
  • eXp Realty, LLC
  • Office Name
4146 W State Road 56, Hanover, Indiana 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
  • Agent Name Robin Mingione


Listing courtesy of Robin Mingione MLS # 2025010750

Listing information is provided by Participants of the Southern Indiana REALTOR Association MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Southern Indiana REALTOR Association MLS.

eXp Realty Indiana | Jason Engle, State Broker | 9465 Counselors Row Ste. 200 Indianapolis, IN 46240 | 888-611-3912 | IN.Broker@exprealty.net

Data last updated at: February 10, 2026 at 3:47 pm

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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IDX information is provided by the Indiana Regional MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Indiana Regional MLS.
eXp Realty Indiana | Jason Engle, State Broker | 107 N State Road 135, Suite 101-5, Greenwood, IN 46142 | 888-611-3912 | IN.Broker@exprealty.net

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