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Multi-Parcel Development Land
For Sale
$169,900

3632 W State Road 56, Hanover, IN 47243

Three combined parcels offer access via Amber Waves Blvd and water availability, with a utility-easement area along SR 56.

Property SizeContact for details
Lot Size14.00 Acres
Days on Market323

Property Features for 3632 W State Road 56

General Information

Standard status Active
Lot size 14.00 Acres
Property subtype Land

Site & Location

Road Access Yes
Utilities to Site Yes
Listing Agency: eXp Realty
Listed By: Jim Pruett · License #RB14034779
Source: Exprealty
Added: Sep 22, 2025 Changed: Aug 8 Last Checked: Jul 24 at 10:55AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty

Investment Insights

Based on property information with market context.

This offering includes three parcels with a combined total of 14 acres, presented as land with development or private-use flexibility. Access is available through Lots 24 and 30 on Amber Waves Blvd, and a subdivision approach could be feasible with entrances from both lots, subject to approvals.

Per the City of Madison, water service is available for the property. Sewer capacity may be provided depending on the number of homes developed. A portion adjoining SR 56 is reserved for utility easement only, with no roads or drives permitted in that area.

Buyer should verify all utilities, availability, and intended use of the property prior to closing.

Key Highlights

  • 3 parcels totaling 14 acres in Madison, located between Jefferson Manor and Amber Waves Blvd
  • Access available via Lots 24 & 30 on Amber Waves Blvd
  • Water service available per the City of Madison

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Auto Repair Shop Electrical Service Garden Center Carpet & Flooring Store Computer & Electronic Repair Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

57
Businesses Nearby

Demographics for 47243, IN

6,037
Population
2,206
Households
2.7
Avg Household Size
32
Median Age
19%
College-Educated
87%
High-School Grad
33.1 sq mi
ZIP Area
182
Density / Sq Mi
$66,333
Median Household Income
$29,433
Median Earnings
$922
Median Rent
$172,000
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Three combined parcels offer access via Amber Waves Blvd and water availability, with a utility-easement area along SR 56.
Where is this residential land & home lot located?
The property is located at 3632 W State Road 56 Hanover, IN.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: 3 parcels totaling 14 acres in Madison, located between Jefferson Manor and Amber Waves Blvd; Access available via Lots 24 & 30 on Amber Waves Blvd; Water service available per the City of Madison
More about this property
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