Residential in Hanover

$450,000

4146 State Road 56, 47243, Hanover, IN

Residential for sale in Hanover, 4146 State Road 56, 47243, 2088 m²

4146 State Road 56, 47243, Hanover, IN

$450,000

3Bed
2Bath
2088
Type: Residential

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.

Location

4146 State Road 56, 47243, Hanover, IN

Data

Object TypeResidential
Purchase Price$450,000
Living Space2088 m²
Plot Size11683.27 m²
Bathrooms2
Construction Year1960
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeForced Air
Primary Energy SourceN/A
Construction Year1960
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent