4146 W State Road 56, Hanover, IN 47243

$450,000
3
BD
2
BA
2,088
SqFt

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List Price
$450,000
Status
ACTIVE
Days on Market
9
MLS#
2026011386
Subtype
Residential
Style
One Story
Architectural Style
One Story
Year Built
1960
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
2,088
Lot Size
125,757
Acres
2.89
MLS Area Major
Hanover

Property Description

Investors- Developers Take Note! Prime Land Opportunity. Take advantage of the expansion of Hanover's fast growing commercial development and neighboring Hanover College! The Town of Hanover has recently annexed this property into town limits and has approved a comprehensive plan labeling this property potential to be mixed use zoning. Currently zoned R-1 allows up to 4 single family homes per acre, but with the need for more housing, this is enough land for apartments or duplexes. It is also large enough for potential commercial use.... Just to the west is commercial zoned with Dollar General, Urgent Care, Overhead Door, McDonalds, Subway, Taco Bell, and Gas Station. Property has an updated recorded survey. The current residence is a 3 bedroom/2 bathroom home that could continue on as a single family residence/rental or converted to an office/business. ***Some photographs are potential conceptual development renderings. 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

Interior Features
Breakfast Bar, Bookcases, Ceramic Bath, Separate/Formal Dining Room, Main Level Primary, Pantry
Exterior Features
Patio
Taxes
$3,448
Property Description
One Story
Zoning
Residential
Appliances
Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Water Softener, Washer
Heating
Forced Air
Air Conditioning
Central Air
Stories
1
Levels
One
Roof
Shingle
Foundation
Block

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Calculator source: Real Geeks

Listing courtesy of eXp Realty, LLC.