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$175,000

220 Madison Avenue Hanover, IN  47243

  • 2 Beds
  • 1 Baths
  • 1,247 sq. Ft

Property Description for 220 Madison Avenue Hanover, IN 47243

Cottage style home that has been recently updated inside and out, including a new roof and gutters, new flooring, paint and some new kitchen cabinets. Conveniently located in the town of Hanover, across from Hanover College.

Address:220 Madison Avenue Hanover IN 47243
Status:Active
on site: 12 days
Price:$175,000
Bedrooms:2 Beds
Bathrooms:1 Full Baths
Sq. Feet:1,247
Year Built:1900
Lot Size:0.36
County: Jefferson_IN
Township: Hanover
MLS #:2024011959
Property Type:Residential

Lot Dimensions:15681.6
Road Surface:Paved
Zoning:Residential
Water Source:Connected, Public
Directions:GPS friendly
Upper Level Sq. Ft. :1,247
Total Sq. Ft. :1,247
Sq. Ft. Source:Assessor

Loan Price
$1,158
Price And Interest $913/month
Property Tax $172/month
MTG INS $0/month
HOME INS $73/month
Price
$175,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$172/month
Home Owner Insurance
$876 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Other 9 x 6 First
Bedroom 12 x 12 First
Bedroom 12 x 12 First
Office 15 x 7.5 First
Other 16 x 12 First
Kitchen 14 x 14 First
LivingRoom 18 x 15 First

Semi-Annual Property Tax:$1,032
Mandatory HOA Fee:$

Area: Hanover
City:Hanover
Subdivision: Nighberts Addn
Zip Code:47243

Total Sq. Ft.:1,247
Exterior Type:VinylSiding
Cool:CentralAir
Heat:HeatPump
Total Rooms:7
Scott Lynch, REALTOR®/Broker, F. C. Tucker Company
Scott Lynch
Phone (812) 701-0081
Additional Phone (812) 265-3122
F.C. Tucker Company

Listing provided courtesy of Scott Lynch with F.C. Tucker/Scott Lynch Group

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Hanover Market Report

225
Avg. DOM
$98.73
Avg. $ / Sq.Ft.
$ 483,500
Med. List Price

The house prices in Hanover are indeed dropping at the moment. There has been a decrease in price of $228,500.00. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Hanover are going Down. The average house price is $479,500.00 and the average price per square feet is $108.29 per square feet. At the moment, the amount of homes listed is exactly 10 houses, with 7 with active status, 1 with pending status and 2 sold in Hanover .

The most popular place to buy a home in Hanover is 13-Indiana. 13-Indiana is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Hanover .

The average amount of property taxes you would have to pay for a home in Hanover is $2,923.00. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Hanover are staying listed for an average of 41 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Hanover was 2115 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Hanover is $497,500.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Hanover is $219,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Hanover in year 1958 and the newest built house is in year 1999.

The average size of properties in Hanover is 4061.29 sq.ft. , the biggest one being 5851 sq.ft. and the smaller being 1322 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.