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    Property profile & analytics

    4152 La Grange Rd Hanover, IN 47243

    • Medical offices
    • 2,520 SF
    • 1.37 lot acres
    OFF-MARKET
    Value Estimation
    $420,000
    Location Intelligence
    Property ID
    US31-1827008
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Medical offices

    Property Details for 4152 La Grange Rd

    Year built
    2020
    Construction
    TYPE NOT SPECIFIED
    Lot size
    1.37 lot acres
    Property size
    2,520 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    39-14-01-000-039.000-003
    APU
    391401000039000003

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hanover
    County
    Jefferson
    State
    Indiana
    Longitude
    -85.4679
    Latitude
    38.7243
    CBSA code
    31500
    CBSA name
    MADISON, IN MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,929
    $48,100
    $306,300
    $354,400
    -
    $48,100
    $306,300
    $354,400

    Comparable in this City

    • Value Estimation
      $350,000
      4,365 SF

      36 Medical Plz

      MEDICAL BUILDING • 4,365 SF
      36 Medical Plz, Hanover, IN 47243-9481
      View Details
    • Value Estimation by Request
      80,194 SF

      410 Lagrange Rd

      HOMES (RETIRED, NURSING) • 80,194 SF
      410 Lagrange Rd, Hanover, IN 47243-9439
      View Details
    • Value Estimation
      $380,000
      4,866 SF

      302 Lagrange Rd

      OFFICE (GENERAL) • 4,866 SF
      302 Lagrange Rd, Hanover, IN 47243-9440
      View Details
    • Value Estimation by Request
      1,988 SF

      246 Lagrange Rd

      OFFICE (GENERAL) • 1,988 SF
      246 Lagrange Rd, Hanover, IN 47243
      View Details
    • Value Estimation by Request
      480 SF

      Hanover College

      OFFICE (GENERAL) • 480 SF
      Hanover College, Hanover, IN 47243
      View Details
    • Value Estimation by Request
      1,856 SF

      218 Main St

      OFFICE (GENERAL) • 1,856 SF
      218 Main St, Hanover, IN 47243
      View Details

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    4152 La Grange Rd
    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
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