Residential

Hanover, IN Residential Land & Home Lots for Sale

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6 properties
Vacant Land, Hanover, IN
Updated: Jul 16
Vacant 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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Residential Land Lot
Residential Land Lot

5000 W Hensler Rd, Hanover, IN 47243

$50,000
1.77 AC lot

Nearly 2-acre residential lot with water and electric on a dead-end street.

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Residential Development Lot
Residential Development Lot

2549 S College Hills Dr, Hanover, IN

$85,000
1.70 AC lot

Vacant 1.7-acre lot in College Hills Subdivision with terrain suited for a potential walkout basement design.

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Multi-Parcel Development Land
Multi-Parcel Development Land

3632 W State Road 56, Hanover, IN 47243

$169,900
14.00 AC lot

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

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 6 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.

Land
Land

Lot 1 Mccord Lane, Milton, KY 40045

$34,900
62,290 sqft

Residential land & home lots · 62,290 SF

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Vacant Land
Vacant Land

2515 W Borcherding Rd, Madison, IN 47250

$110,000

Residential land & home lots

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Wooded Lots For Residential Development
Wooded Lots For Residential Development

2637 W Borcherding Rd, Madison, IN 47250

$90,000

Wooded lots available for building a dream home.

View details
Land
Land

4789 Peck Pike, Milton, KY 40045

$275,000

Land

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

Explore 6 residential land & home lots for sale in Hanover, IN, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 2,085,827 square feet of properties for sale, with an estimated market value of $694,700.

Sale prices for home sites in Hanover, IN start at $50,000, averaging $115,783, 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 5
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 $101.6K

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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