242 Sycamore North Dr Hanover, IN 47243

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3 beds · 1 bath · 1,375 sq ft · Lot Size: 15,048 sq ft · Single Family Home
Est. Property Value: $237,365

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242 Sycamore North Dr is in the 47243 neighborhood of Hanover, IN. It is located in Jefferson County and ZIP code 47243. This Single Family Home was built in 1973 and is approximately 52 years old. The single family home spans 1375 sq ft with 3 bedrooms and 1 bathroom and sits on a 15048 sq ft lot. According to public records, it was last sold in 2015 for $62,500 and has a tax-assessed value of $72,300, which is $173 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 242 Sycamore North Dr Hanover, IN 47243 with Property Intel by Whitepages.

Owners & Occupancy for 242 Sycamore North Dr

This property is owned by Lisa Jean Houze. Owner contact information includes 10 phone numbers and 1 email address.

Property Owners

Cell Phone(318) ***-****View Cell Phone
Residence***********
Landline(812) 273-4737
Distance from Property**********
Email Address*******@aol.comView Email
Residence***********
Landline(940) 855-7824
Distance from Property**********
Email Address*******@charter.netView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1************** age 76
Resident 2************ age 39
Resident 3************ age 39

Property Financials for 242 Sycamore North Dr

242 Sycamore North Dr, Hanover, IN has no known mortgage. The Jefferson county assessment for 2023 values it at $72,300, with annual taxes of $123.

Property Tax

Purchase DateApril 22, 2015
Property Tax Amount$123 in 2023
Purchase Price$62,500
Assessed Value$72,300 on 2023

Investment Potential for 242 Sycamore North Dr

The property has a current estimated value of $237,365, which is 28% above the zip median, based on public records. It last sold on April 22, 2015 for $62.5K. Projected long-term
is $21,600 annually ($1,800 per month) with a 84% occupancy rate.

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Long-Term

Gross Rental
$21,600 per year($1,800 per month)
Net Operating Income
Cap Rate
Occupancy Rate
84%in 47243 zip code
 
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Property Details for 242 Sycamore North Dr

Property Details

Property Sq Ft

Living Area

1,375 sq ft

0% above market

Lot Size

15,048 sq ft

12% below market

Price Per Sq Ft

Living Area

$173 / sq ft

28% above market

Lot Size Area

$16 / sq ft

40% above market

Property condition, age, exterior, etc. for 242 Sycamo…
Longitude: -85.477594 Latitude: 38.720634 Parcel Number (APN): 39-14-12-222-010-000-003…

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Discover more single family homes near 242 Sycamore North Dr in Hanover, Indiana. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 242 Sycamore North Dr in Jefferson County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$237,365
$209,373
$27,993 (13%)
$300,179
$165,721 (55%)
YoY Price Change
3.01%
23%
Year Built
1973
1972
1 year
Living Space
1,375 sq ft
1,582 sq ft
-207 (-13%)
$ Per Living Sq Ft
$173
$133
$39 (30%)
Lot Size
15,048 sq ft
12,807 sq ft
2241 (17%)
$ Per Lot Sq Ft
$16
$15
$0 (3%)

Net Operating Income
$17,636
-$779 (-4%)
Annual Revenue
$21,600
$24,600
-$3,000 (-12%)
$6,411
-$1,668 (-26%)
Net Operating Income
$17,636
-$779 (-4%)
Cap Rate
8.22%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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