4146 W State Road 56, Hanover, IN 47243

$490,000
3
BD
2
BA
2,088
SqFt

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List Price
$490,000
Price Change
▼ $8,500 1770498036
Status
ACTIVE
MLS#
2025010750
Bedrooms
3
Full-baths
2
Sq. Ft
2,088
Acres
2.89
Year Built
1960

Property 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.

Additional Information

Style
One Story
Foundation
Block
Exterior Features
Patio
Interior Features
Breakfast Bar, Bookcases, Ceramic Bath, Separate/Formal Dining Room, Main Level Primary, Pantry
Appliances
Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Water Softener, Washer
Basement
Sump Pump
Fireplaces
2
Cooling
Central Air
Heating
Forced Air
Sewer
Septic Tank
Water
Connected, Public

Mortgage Calculator

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of eXp Realty, LLC.