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$447,500 ↓$2,500on 10/29/2024(Pending)

5315 W Prospect Road Hanover, IN  47243

  • 3 Beds
  • 2 Baths
  • 2,930 sq. Ft

Property Description for 5315 W Prospect Road Hanover, IN 47243

Don't miss out on this property! Well maintained Log Cabin with wrap around porch on secluded 4.6 acres with plenty of room for fun and entertainment! Explore the Chef's kitchen with custom Hickory Cabinets, Granite counters, Kitchen-aid appliances, and all the amenities! Open concept kitchen/dining/living with fireplace and vaulted ceilings makes a great space for entertaining. There are 2 bedrooms, bath, and laundry on main floor with access to large above ground pool and plenty of deck to sunbathe and party. Enjoy the beautiful primary suite upstairs with private balcony. The walkout basement has another fireplace that did have a woodstove and another could easily be inserted. The Safe Room is large enough for several people or storage. There is still a garage door overhead if you wanted to remove the French doors and use as a garage. Don't forget to check out the large detached garage to store all your toys, equipment and more! The Kitchen upgrade is less than 5 years old and the metal roof is less than 10 years. The entire exterior of home and decking was all stained/treated within 1 year as well as the HVAC was replaced. Schedule today to tour this wonderful property!

Address:5315 W Prospect Road Hanover IN 47243
Status:Pending
on site: 61 days
Price:$447,500
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:2,930
Year Built:1989
Lot Size:4.63
County: Jefferson_IN
Township: Saluda
MLS #:2024011038
Property Type:Residential

Lot Dimensions:201682.8
Road Surface:Paved
Lot Features:AdjacentToOpenSpace, Garden, Wooded
Zoning:Agri/ Residential
Water Source:Connected, Public
Directions:From Jefferson County Courthouse, go west on St Rd 56 to Hanover. Turn left on Main Cross and follow onto Hanover-Saluda Rd. Turn left onto 550W then left onto Prospect Rd. Property on the right.
Upper Level Sq. Ft. :2,430
Total Sq. Ft. :2,930
Sq. Ft. Source:Assessor
Basement:Yes

Loan Price
$2,664
Price And Interest $2,334/month
Property Tax $144/month
MTG INS $0/month
HOME INS $186/month
Price
$447,500
Down Payment %
0 %
Down Payment
$0
Property Taxes
$144/month
Home Owner Insurance
$2,232 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
10/29/24 $450,000 $447,500 -0.56%

RoomSizeLevel
Other 10.6 x 13 Lower
Other 27 x 45 Lower
Other 9.6 x 12 Second
FullBath 9.6 x 12 Second
PrimaryBedroom 17 x 24 Second
Other 8 x 17 Second
Bedroom 11 x 12 First
Bedroom 9.5 x 12 First
FullBath 5 x 9.6 First
Other 6 x 9.6 First
Kitchen 17 x 20 First
FamilyRoom 13 x 27 First

Semi-Annual Property Tax:$864
Mandatory HOA Fee:$

Area: Hanover
City:Hanover
Zip Code:47243

Total Sq. Ft.:2,930
Interior Features:BreakfastBar, CeilingFans, EatInKitchen, GameRoom, JettedTub, KitchenIsland, Loft, BathInPrimaryBedroom, MudRoom, OpenFloorplan, SplitBedrooms, UtilityRoom, VaultedCeilings, NaturalWoodwork, WalkInClosets
Appliances:Dryer, Dishwasher, Disposal, Humidifier, Microwave, Oven, Range, Refrigerator, SelfCleaningOven, WaterSoftener, Washer
Porch / Patio:Balcony, Covered, Deck, Patio, Porch
Exterior Features:Balcony, Deck, PavedDriveway, Porch, Patio
Exterior Type:Log, Stone, WoodSiding
Fireplace(s):WoodBurning, WoodBurningStove
Cool:CentralAir
Heat:ForcedAir
Total Rooms:12
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Robin Mingione with eXp Realty, LLC

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 2087 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.