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Improved Mixed-Use Land for Sale in Hanover, Indiana

4146 W State Road 56, Hanover, IN 47243

$498,500
2.89 acres
Active
Est $2,682/mo

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.

2,088
Sq feet
3
Beds
2
Full baths
1960
Built

Location

Street address
4146 W State Road 56
Elevation
785 feet

Directions

From Jefferson County Courthouse, go west on Main Street/St Rd 56. At Intersection of St Rd 56/62continue west. Driveway entrance just before main curve on right. Property on right.

Property details

Acreage
2.887 acres
Zoning
Residential
MLS #
SIREA 2025010750
Posted

Property taxes

Recent
$2,878

Parcels

  • 0090010400

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Exterior

Outdoor Spaces
Patio
Structures
Packing Shed, Shed(s)
Features
Covered Patio, Shed

Structure

Heating
Fireplace(s), Forced Air
Cooling
Central Air

Interior

Rooms
Bathroom x 2, Bedroom x 3, Family Room
Appliances
Dishwasher, Dryer, Garbage Disposer, Microwave, Range, Refrigerator, Softener Water, Washer
Features
1 st Floor Main, Breakfast Bar, Built-In Bookcase, Ceramic Bath, Family Room, Formal Dining RM, Pantry, Sump Pump

Listing history

DateEventPriceChangeSource
Sept 1, 2025New listing$498,500SIREA
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This 2.887-acre property is located at 4146 W State Road 56 in Hanover, IN 47243. The property is available for sale for $498,500. It has a 2,088 sq ft 3 bedroom, 2 bath house built in 1960.

Checked 1 hour ago — Updated

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