Investment Potential for 242 Sycamore North Dr

The property has a current estimated value of $207,748, which is 17% above the zip median, based on public records. It last sold on April 22, 2015 for $62.5K. Projected long-term

is $18,000 annually ($1,500 per month) with a 84% occupancy rate.

Property Appreciation
property appreciation
This appreciation forecast is based on proprietary algorithms utilizing publicly available historical market data. Appreciated property values are inherently uncertain and actual appreciation of a property can differ materially for a wide variety of reasons. Learn More.

Last Sale Amount

$62,500

Sold April 22, 2015

Est. Current Value
property value
This property valuation is based on proprietary algorithms utilizing publicly available market data. Whitepages’ Property Value is NOT an appraisal and should not be used in place of one. Learn More.

$208K

($200K - $216K)

17% above zip median

5-Year Forecast
5-year appreciation
This is an estimate of the appreciated property value by year over the next 5 years, based on proprietary algorithms and historical market data. Actual appreciation of a property can differ materially for a variety of reasons. Learn More.

$******

View Forecast

Discover more Single Family Homes in 47243.

See Recommended Properties

Long-Term
Rental Income
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Gross Rental

$18,000 per year($1,500 per month)

$****View Operating Expenses

Net Operating Income

$*****View Net Operating Income

Cap Rate

****%View Cap Rate

Occupancy Rate

84%in 47243 zip code

View Rental Potential

Owners & Occupancy for 242 Sycamore North Dr

This property is owned by Robert E Houze. Owner contact information includes 10 phone numbers and 5 email addresses.

Occupancy

*****

View Occupancy

Appreciation Since Purchased

$145,248

Purchased April 22, 2015

Number of Owners

2

Property Owners

Robert E Houze, age **

Residence	***********
Landline	(940) 855-7824
Distance from Property	**********
Email Address	*******@charter.netView Email

Property Ownership Information

Purchase Date	April 22, 2015
Property Tax Amount	$123 in 2023
Purchase Price	$62,500

Occupancy

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

Property Details for 242 Sycamore North Dr

Property Age

52 years

(Remodeled 1973)

2 years older than zip median

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

$151 / sq ft

10% above market

Lot Size Area

$14 / sq ft

13% above market

Property Information

Property condition, age, exterior, etc. for 242 Sycamo…

Land & Location Information

Longitude: -85.477594 Latitude: 38.720634 Parcel Number (APN): 39-14-12-222-010-000-003…

Recommended Properties in 47243

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.

Owned for Less Than 5 Years
$193K - $209K
Est. Value
149 Wooded Ct, Hanover, IN 47243
3 beds · 2 baths · 1,282 sq ft · Last Sold: $212,000 in 2022 · Built: 2020
Owned for 5 - 10 Years
$274K - $302K
Est. Value
1341 S Riverview Dr, Hanover, IN 47243
3 beds · 2 baths · 1,694 sq ft · Last Sold: $149,000 in 2015 · Built: 1960
High Demand Long-Term Rental
$118K - $129K
Est. Value
323 October St, Hanover, IN 47243
3 beds · 1 baths · 1,025 sq ft · Built: 1968
Valued below Market Median
$121K - $131K
Est. Value
122 Maple St, Hanover, IN 47243
3 beds · 1 baths · 1,025 sq ft · Last Sold: $112,000 in 2020 · Built: 1972
Owned for Less Than 5 Years
$146K - $162K
Est. Value
1810 S 640 W, Hanover, IN 47243
3 beds · 1 baths · 1,300 sq ft · Last Sold: $216,000 in 2021 · Built: 1967
Owned for 10 - 15 Years
$223K - $242K
Est. Value
135 Wooded Ct, Hanover, IN 47243
3 beds · 2 baths · 1,673 sq ft · Last Sold: $104,500 in 2011 · Built: 2009
Owner Age Above 75
$214K - $244K
Est. Value
5506 W Holly Hills Rd, Hanover, IN 47243
3 beds · 2 baths · 1,464 sq ft · Built: 1973
Owned for Less Than 5 Years
$169K - $185K
Est. Value
105 Spruce Ln, Hanover, IN 47243
3 beds · 1 baths · 1,320 sq ft · Last Sold: $185,000 in 2023 · Built: 1978
Valued above Market Median
$226K - $248K
Est. Value
139 Parkside Dr 4, Hanover, IN 47243
3 beds · 1 baths · 1,210 sq ft · Last Sold: $85,000 in 2017 · Built: 2008
Large Lot Advantage
$147K - $173K
Est. Value
5906 W Holly Hills Rd, Hanover, IN 47243
3 beds · 2 baths · 1,248 sq ft · Built: 1978
Owned for Less Than 5 Years
$172K - $188K
Est. Value
277 November St, Hanover, IN 47243
3 beds · 2 baths · 1,265 sq ft · Last Sold: $180,000 in 2022 · Built: 2022
Owner Age 65 - 75
$224K - $240K
Est. Value
190 S Birch St, Hanover, IN 47243
3 beds · 2 baths · 1,312 sq ft · Built: 1994
High Demand Long-Term Rental
$151K - $165K
Est. Value
24 Ohio Ave, Hanover, IN 47243
3 beds · 1 baths · 1,248 sq ft · Built: 1976
Large Lot Advantage
$136K - $151K
Est. Value
319 Greenbriar Rd, Hanover, IN 47243
3 beds · 1 baths · 1,080 sq ft · Last Sold: $65,000 in 2015 · Built: 1971
Valued below Market Median
$140K - $156K
Est. Value
182 Ohio Ave, Hanover, IN 47243
3 beds · 1 baths · 1,073 sq ft · Built: 1961
Large Lot Advantage
$204K - $226K
Est. Value
216 Clemmons St, Hanover, IN 47243
3 beds · 2 baths · 1,872 sq ft · Last Sold: $146,000 in 2013 · Built: 1960
Valued above Market Median
$279K - $316K
Est. Value
130 W Marion Dr, Hanover, IN 47243
3 beds · 2 baths · 1,627 sq ft · Last Sold: $211,000 in 2020 · Built: 2017
High Demand Long-Term Rental
$174K - $187K
Est. Value
245 S Amber Waves Blvd, Hanover, IN 47243
3 beds · 1 baths · 1,212 sq ft · Built: 1996
Valued above Market Median
$191K - $226K
Est. Value
115 Sharon Ct, Hanover, IN 47243
3 beds · 1 baths · 1,653 sq ft · Built: 1981
High Demand Long-Term Rental
$144K - $165K
Est. Value
1826 S 640 W, Hanover, IN 47243
3 beds · 1 baths · 1,300 sq ft · Last Sold: $48,785 in 2022 · Built: 1967

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

Zip

Difference

State

Difference

$207,748

$177,792

$29,956 (17%)

$209,089

-$1,341 (-1%)

$******

$********

$***** (****%)

$310,205

$116,462 (38%)

YoY Price Change

****%

3.01%

23%

Year Built

1973

1975

-2 years

1972

1 year

Living Space

1,375 sq ft

0 (0%)

1,582 sq ft

-207 (-13%)

$ Per Living Sq Ft

$151

$137

$14 (10%)

$136

$15 (11%)

Lot Size

15,048 sq ft

17,100 sq ft

-2052 (-12%)

12,807 sq ft

2241 (17%)

$ Per Lot Sq Ft

$14

$12

$2 (13%)

$19

-$5 (-28%)

Long-Term Rental
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Net Operating Income

$*****

$** (****%)

$14,155

-$200 (-1%)

Annual Revenue

$18,000

$18,600

-$600 (-3%)

$19,800

-$1,800 (-9%)

$****

$**** (****%)

$5,253

-$1,208 (-23%)

Net Operating Income

$*****

$** (****%)

$14,155

-$200 (-1%)

Cap Rate

****%

—

6.3%

—

View Zip code Data

Home Value Comparison

Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

Property Condition	****View Condition
Property Type	Single Family Home
Total Bedrooms	3
Total Bathrooms	1
Year Built	1973
Building Sq Ft	1,375 sq ft
Lot Size	0 Acres
Living Space	1,375 sq ft
Heating / Fuel	Warm Air
Roof Covering	Metal
Sewer	Public

Cell Phone	(812) *-**View Cell Phone
Residence	***********
Landline	(812) 273-4737
Distance from Property	**********
Email Address	*******@aol.comView Email

APN	39-14-12-222-010-000-003
Census Tract	9663001000
Municipality	Hanover Twp
County	Jefferson
Neighborhood	47243
Longitude / Latitude	-85.477594 / 38.720634
Lot Size	15,048 sq ft

242 Sycamore North Dr Hanover, IN 47243

property value

$207,748

market valuation

$177,792

market valuation

$177,765

investment intelligence

Investment Potential for 242 Sycamore North Dr

rental income

property appreciation

Last Sale Amount

$62,500

property value

$208K

($200K - $216K)

5-year appreciation

rental income

operating expenses

Owners & Occupancy for 242 Sycamore North Dr

Occupancy

Appreciation Since Purchased

$145,248

Number of Owners

2

Property Owners

Robert E Houze, age **

Lisa Jean Houze, age **

Property Ownership Information

Occupancy

Property Details for 242 Sycamore North Dr

Property Age

52 years

(Remodeled 1973)

Property Details

Property Sq Ft

Living Area

Lot Size

Price Per Sq Ft

Living Area

Lot Size Area

Property Information

Land & Location Information

Recommended Properties in 47243

$193K - $209K

Est. Value

149 Wooded Ct, Hanover, IN 47243

3 beds · 2 baths · 1,282 sq ft · Last Sold: $212,000 in 2022 · Built: 2020

$274K - $302K

Est. Value

1341 S Riverview Dr, Hanover, IN 47243

3 beds · 2 baths · 1,694 sq ft · Last Sold: $149,000 in 2015 · Built: 1960

$118K - $129K

Est. Value

323 October St, Hanover, IN 47243

3 beds · 1 baths · 1,025 sq ft · Built: 1968

$121K - $131K

Est. Value

122 Maple St, Hanover, IN 47243

3 beds · 1 baths · 1,025 sq ft · Last Sold: $112,000 in 2020 · Built: 1972

$146K - $162K

Est. Value

1810 S 640 W, Hanover, IN 47243

3 beds · 1 baths · 1,300 sq ft · Last Sold: $216,000 in 2021 · Built: 1967

$223K - $242K

Est. Value

135 Wooded Ct, Hanover, IN 47243

3 beds · 2 baths · 1,673 sq ft · Last Sold: $104,500 in 2011 · Built: 2009

$214K - $244K

Est. Value

5506 W Holly Hills Rd, Hanover, IN 47243

3 beds · 2 baths · 1,464 sq ft · Built: 1973

$169K - $185K

Est. Value

105 Spruce Ln, Hanover, IN 47243

3 beds · 1 baths · 1,320 sq ft · Last Sold: $185,000 in 2023 · Built: 1978

$226K - $248K

Est. Value

139 Parkside Dr 4, Hanover, IN 47243

3 beds · 1 baths · 1,210 sq ft · Last Sold: $85,000 in 2017 · Built: 2008