Zip Code
323 October St, Hanover, IN 47243
3 beds · 1 bath · 1,025 sq ft · Lot: 7,440 sq ft · Single Family Home · Built: 1968
Est. Value:
$125K
Est. Rent:
$1.6K/month

323 October St Hanover, IN 47243

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3 beds · 1 bath · 1,025 sq ft · Lot Size: 7,440 sq ft · Single Family Home
Est. Property Value: $124,712

High Demand Long-Term RentalValued below Market MedianOwner Age Above 75

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323 October St 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 1968 and is approximately 57 years old. The single family home spans 1025 sq ft with 3 bedrooms and 1 bathroom and sits on a 7440 sq ft lot. According to public records, it has a tax-assessed value of $66,700, which is $122 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 323 October St Hanover, IN 47243 with Property Intel by Whitepages.

Investment Potential for 323 October St

The property has a current estimated value of $124,712, which is 28% below the zip median. Projected long-term rental income is $19,200 annually ($1,600 per month) with a 84% occupancy rate.

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Long-Term

Gross Rental
$19,200 per year($1,600 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
84%in 47243 zip code
 
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Owners & Occupancy for 323 October St

This property is owned by Richard L Dean. Owner contact information includes 2 phone numbers and 1 email address.

Property Owners

Cell Phone(812) ***-****View Cell Phone
Residence***********
Landline(812) 866-5141
Distance from Property**********
Email Address***********@sbcglobal.netView Email
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Occupancy

Current Occupancy******View Occupancy

Property Details for 323 October St

Property Details

Property Sq Ft

Living Area

1,025 sq ft

25% below market

Lot Size

7,440 sq ft

56% below market

Price Per Sq Ft

Living Area

$122 / sq ft

10% below market

Lot Size Area

$17 / sq ft

35% above market

Property condition, age, exterior, etc. for 323 Octobe…
Longitude: -85.478962 Latitude: 38.720447 Parcel Number (APN): 39-14-12-222-016-000-003…
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Recommended Properties in 47243

Discover more single family homes near 323 October St 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 323 October St in Jefferson County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$124,712
$210,100
-$85,388 (-41%)
$******
$306,513
-$50,475 (-16%)
YoY Price Change
****%
3.01%
311%
Year Built
1968
1972
-4 years
Living Space
1,025 sq ft
1,582 sq ft
-557 (-35%)
$ Per Living Sq Ft
$122
$138
-$16 (-12%)
Lot Size
7,440 sq ft
12,807 sq ft
-5367 (-42%)
$ Per Lot Sq Ft
$17
$19
-$3 (-13%)

Net Operating Income
$*****
$18,060
-$2,347 (-13%)
Annual Revenue
$19,200
$24,600
-$5,400 (-22%)
$****
$5,949
-$2,462 (-41%)
Net Operating Income
$*****
$18,060
-$2,347 (-13%)
Cap Rate
****%
7.89%
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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