Residential

Hanover, IN Residential Land & Home Lots for Sale

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LAND - Hanover, IN
Updated: Jul 16
LAND - Hanover, IN

5000 W Hensler Road, Hanover, IN 47243

$50,000
1.77 AC lot
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Hanover Land Development Opportunity
Updated: Sep 19, 2025
Hanover Land Development Opportunity

3632 W SR 56, Hanover, IN 47243

$169,900
14.34 AC lot
14 acres of land in Madison
Development opportunities with potential for subdivision
Access available through Lots 24 & 30 on Amber Waves Blvd
Water service available (per City of Madison)
Desirable location near established neighborhoods
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Hanover Land Development Opportunity
Hanover Land Development Opportunity

3632+ W SR 56, Hanover, IN 47243

$169,900
14.30 AC lot

14 acres in Hanover, IN, ideal for development or private use.

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Hanover, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Buildable Lot in Desirable Location
Buildable Lot in Desirable Location

2000+ E Cross Rd lot: 1, Madison, IN 47250

$139,900
10.00 AC lot

10-acre buildable lot with city utilities near Madison, Indiana.

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Buildable 10-Acre Lot Available
Buildable 10-Acre Lot Available

2000 E Cross Road lot: 1, Madison, IN 47250

$139,900
10.01 AC lot

10-acre buildable lot with city utilities near Madison, Indiana.

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Wooded Lot in Sycamore Run
Wooded Lot in Sycamore Run

5112 Sycamore Ridge Ln, La Grange, KY 40031

$112,000
1.04 AC lot

Serene wooded lot in desirable Sycamore Run subdivision.

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Wooded Lot in Sycamore Run
Wooded Lot in Sycamore Run

4914 Hardwood Forest Cir, La Grange, KY 40031

$116,000
3.13 AC lot

Wooded lot in Sycamore Run subdivision, La Grange, KY.

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Hanover, IN Residential Land & Home Lots Market Trends and Statistics

Explore 3 residential land & home lots for sale in Hanover, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 1,324,834 square feet of properties for sale, with an estimated market value of $389,800.

Sale prices for home sites in Hanover, IN start at $50,000, averaging $129,933, and reaching up to $169,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 2
Commercial land 1

Demographics Overview

Population 6,235
Population Growth (5Y) +3.0%
Median Household Income $66,333
College Educated 28.6%

High-Yield Neighborhoods for Investment

Identify Hanover submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
47243 $169.9K

Taxes & Financing

Tax Rate (average for all types) 2.38%
Property Tax per SF $62.13 per SF
Average Loan-to-Value 65.0%

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