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    3632 W Sr 56 Hanover, IN 47243

    For Sale
    $199,500

    Acreage - Hanover, IN

    Lot size:
    14.34 Acres
    Days on Market:
    76
    Last Refresh:
    Dec 6 at 11:06 am

    Property Features for 3632 W Sr 56

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    APN
    39-13-06-000-012.001-002
    Lot size
    14.34 Acres

    Building Details

    Architectural style
    Other

    EXP REALTY LLC (888) 574-9405 [email protected]

    Listing agent Jim Pruett (866) 212-4991 License #RB14034779

    Listing date Sep 22, 2025

    MLS# 205966 Listing URL

    Copyright © 2025 Southeastern Indiana Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hanover Acreage with Development Potential

    This property features three parcels totaling 14 acres, situated between Jefferson Manor and Amber Waves Blvd in Madison. Access is available through Lots 24 and 30 on Amber Waves Blvd, presenting development opportunities, including potential subdivision with entrances from both lots. According to the City of Madison, water service is available. Sewer capacity may be provided depending on the number of homes developed. The portion of the property adjoining SR 56 is reserved for utility easement only, where no roads or drives are permitted. This location offers an opportunity for development or private use near established neighborhoods.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Hanover
    County
    Jefferson
    State
    Indiana
    Longitude
    -85.4906
    Latitude
    38.7056

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    FAQs

    What type of property is this?
    Land - 14 acres in Hanover, IN, ideal for development or private use.
    Where is this land located?
    The property is located at 3632 W Sr 56 Hanover, IN.
    What is the asking price?
    The asking price for this property is $199,500.
    What are key features of this property?
    This property features: - 14 acres of land in Madison, offering significant development potential.; - Subdivision is a viable option, allowing for multiple homes.; - Access available through Lots 24 & 30 on Amber Waves Blvd.
    (866) 212-4991
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    3632 W Sr 56 Hanover, IN 47243
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3632 W Sr 56 Hanover, IN 47243
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