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$450,000

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.

3 Beds ⋅ 2 Baths ⋅ 2026011386 MLS ⋅ ACTIVE Status

4146 W State Road 56, Hanover

$425,000

Foxworthy Hollow property, two and one half lots, bordering the west edge of Hanover College. Giving an opportunity for enjoying the picturesque campus, viewing the Ohio River at The Point and for taking in all cultural and sports activities at the college. The home was built in 1952 by a wood buyer and has views of the tree lined street from the north. Faces Foxworthy Hollow, a ravine that is a water source feeding Crowe Falls, one of the larger waterfalls in Indiana. Wooden arched door that welcomes you into a house filled with interesting wood from various continents, including Teak, Brazilian Rosewood, and Philippine Mahogany wood-work. The first floor contains a cozy living room with fireplace, dining room, family solarium with amazing sun exposure, spacious kitchen, breakfast nook, bedroom and a bath. Open staircase and large hallway on second floor. Three large bedrooms, lots of attic space for storage and two bathroom. The walkout basement has a large family room with Bedford stone fireplace, recessed lighting as well as natural light, a room that could be a bedroom, office or workout area. Extra large laundry room which could be a second kitchen for entertaining. Full bath and great storage. The yard is decorated with many red buds, dogwoods, red maples, and covered with daffodils and daylilies. Every room in the house has an interesting view of trees, neighborhood and/or college. It is a quiet, and welcoming home with a very unique and rare location.

4 Beds ⋅ 4 Baths ⋅ 202605304 MLS ⋅ ACTIVE Status

321 E Main Street, Hanover

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