Hanover IN Multi Family for Sale

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Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
2.69 Acres
Year built:
1983
Baths:
MLS#:
2022013341

ADDITIONAL INFORMATION

Whispering Pines Apartments. (32) Apartment Units presently with (30) Units rented. There are (20) Two Bedroom Units, (8) One Bedroom Units and (4) Three Bedroom Units. There are (7) Four-Plex Buildings and (2) Duplex Buildings. There is also a Storage/Office Building that includes approximately 390 SF and Laundry Rental Units. Rents vary and are below market. 2021 Gross Income Collected was in excess of $170,000 with on-site Property Manager receiving free rent. Estimate of Market Rents suggest that Potential Gross Income should exceed $210,000 with Market Rents projected as $500 for 1-Bedroom Units, $600 for 2-Bedroom Units and $675 for 3-Bedroom Units. These Units are being sold in "As Is" condition, however, Inspections are Welcome. Call Listing Agent for More Information and to Schedule All Appointments

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.18 Acres
Year built:
1893
Baths:
MLS#:
202106686

ADDITIONAL INFORMATION

5 UNIT COMPLEX, All utilities are paid by the landlord.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.5 Acres
Year built:
1975
Baths:
MLS#:
202106682

ADDITIONAL INFORMATION

16 unit complex! Currently renting with all utilities included. Spacious lot allowing for additional space for future expansion.

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Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176

Information is provided exclusively for consumers personal, non - commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024, Southern Indiana Realtors Association. All rights reserved.




Hanover Real Estate

The median home value in Hanover, IN is $123,100. This is lower than the county median home value of $127,500. The national median home value is $219,700. The average price of homes sold in Hanover, IN is $123,100. Approximately 51.39% of Hanover homes are owned, compared to 42.66% rented, while 5.95% are vacant. Hanover real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Hanover real estate agent to arrange a tour today!

Hanover, Indiana 47243 has a population of 3,483. Hanover 47243 is more family-centric than the surrounding county with 34.27% of the households containing married families with children. The county average for households married with children is 27.53%.

The median household income in Hanover, Indiana 47243 is $45,043. The median household income for the surrounding county is $50,722 compared to the national median of $57,652. The median age of people living in Hanover 47243 is 24.8 years.

Hanover Weather

The average high temperature in July is 85.6 degrees, with an average low temperature in January of 21.7 degrees. The average rainfall is approximately 46.4 inches per year, with 12.8 inches of snow per year.

Hanover Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    345
    30-day change

Hanover Schools and Demographics

Education near Hanover, IN

Metric City County
High School Graduates 88.39 89.03
College Degree - 2 year 10.57 8.58
College Degree - 4 year 14.34 17.43
Graduate Degree 3.95 5.54
Expenditures per Student 10,372 10,342
Students per Teacher 15.2 16.1

Elementary Schools near Hanover, IN

School Grades Students P/T Ratio ZIP
Deputy Elementary School PK - 05 136 13.6 47230
Emery O Muncie Elementary School PK - 05 589 19 47250
Lexington Elementary School KG - 05 208 14.9 47138
Lydia Middleton Elementary School KG - 05 310 19.4 47250
New Washington Elementary School PK - 05 331 24.5 47162
Rykers' Ridge Elementary School KG - 05 197 14.1 47250
Southwestern Elementary School PK - 05 684 20.7 47243

Middle Schools near Hanover, IN

School Grades Students P/T Ratio ZIP
Madison Consolidated Junior High School 06 - 08 654 18.7 47250
Southwestern Middle School 06 - 08 303 12.6 47243

High Schools near Hanover, IN

School Grades Students P/T Ratio ZIP
Madison Consolidated High School 09 - 12 1,008 19.8 47250
New Washington Middle/High School 06 - 12 424 15.7 47162
Southwestern High School 09 - 12 400 11.9 47243

Ungraded Schools near Hanover, IN

School Grades Students P/T Ratio ZIP
* Madison Juvenile Corr Fac 08 - 12 47 5.2 47250

Demographics near Hanover, IN 47243

Metric Zip Code City
Neighborhood Type Small Town
Population 3,483 32,293
Population Density 1,509 90
Median Age 24.8 40.6
People per Household 2.5 2.3
Median Household Income 45,043 50,722
Average Income per Capita 17,198 25,429