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Residential Land with Home for Sale in Hanover, Indiana

7945 S Saluda Paynesville Rd, Hanover, IN 47243

$185,000
2.1 acres
Active
$5k drop
Est $1,025/mo

Step into history with this unique 3-bedroom, 1-bath home situated on over 2 peaceful acres in the heart of Painesville. Formerly the Painesville School, this property offers character you won't find anywhere else, all in a quiet setting with a convenient in-town location. The spacious kitchen opens to the living room, creating an open and functional floor plan. The first floor features new vinyl plank flooring and fresh paint throughout. Upstairs, a non-conforming space offers flexibility for an office, hobby room, or additional bedroom use. Enjoy the covered porch and the rare bonus of two accessory garages with a total of six bays-ideal for storage, workshops, or additional uses. All kitchen appliances, plus washer and dryer, remain. Comfortable and move-in ready today, with endless potential for a buyer looking to add their own vision and make this historic property truly their own.

1,282
Sq feet
3
Beds
1
Full bath
1900
Built

Location

Street address
7945 S Saluda Paynesville Rd
Elevation
764 feet
Coordinates
38.6224, -85.4926

Directions

62 IN, Right on W. Jackson Rd, Left on S. Saluda Paynesville Rd, home on the right

Property details

Acreage
2.1 acres
Zoning
Agri/ Residential
MLS #
SIREA 2025013161
Posted

Parcels

  • 0080053300

Legal description

Details and features

Listing

Type
Residential

Exterior

Pool
Porch
Features
Covered Porch, Ramp

Structure

Stories
1
Water
Public
Heating
Heat Pump
Cooling
Central Air

Interior

Room Count
6
Rooms
Basement, Bathroom, Bedroom x 3, Den
Appliances
Microwave, Range / Oven, Refrigerator
Accessibility
Accessible Approach With Ramp
Features
1 st Floor Main, 1 st Floor Utility, Built-In Bookcase, Ceiling Fan(s), Den/Office, Loft, Sump Pump

Listing history

DateEventPriceChangeSource
Jan 9, 2026Price drop$185,000$5,000 -2.6%SIREA
Dec 18, 2025New listing$190,000SIREA
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This 2.1-acre property is located at 7945 S Saluda Paynesville Rd in Hanover, IN 47243. The property is available for sale for $185,000. It has a 1,282 sq ft 3 bedroom, 1 bath house built in 1900.

Checked 1 hour ago — Updated

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