Zip Code
5506 W Holly Hills Rd, Hanover, IN 47243
3 beds · 2 baths · 1,464 sq ft · Lot: 21,250 sq ft · Single Family Home · Built: 1973
Est. Value:
$240K
Est. Rent:
$2K/month

5506 W Holly Hills Rd Hanover, IN 47243

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3 beds · 2 baths · 1,464 sq ft · Lot Size: 21,250 sq ft · Single Family Home
Est. Property Value: $240,472

Valued above Market MedianOwner Age Above 75

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5506 W Holly Hills Rd 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 1464 sq ft with 3 bedrooms and 2 bathrooms and sits on a 21250 sq ft lot. According to public records, it has a tax-assessed value of $81,900, which is $164 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 5506 W Holly Hills Rd Hanover, IN 47243 with Property Intel by Whitepages.

Investment Potential for 5506 W Holly Hills Rd

The property has a current estimated value of $240,472, which is 39% above the zip median. Projected long-term rental income is $24,600 annually ($2,050 per month) with a 84% occupancy rate.

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Long-Term

Gross Rental
$24,600 per year($2,050 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 5506 W Holly Hills Rd

This property is owned by James W Davis. Owner contact information includes 4 phone numbers and 3 email addresses.

Property Owners

Cell Phone(812) ***-****View Cell Phone
Residence***********
Landline(812) 273-3190
Distance from Property**********
Email Address*********@msn.comView Email
View All Owner Info

Property Ownership Information

Property Tax Amount$233 in 2023

Occupancy

Resident 1**************** age 69

Property Details for 5506 W Holly Hills Rd

Property Details

Property Sq Ft

Living Area

1,464 sq ft

6% above market

Lot Size

21,250 sq ft

24% above market

Price Per Sq Ft

Living Area

$164 / sq ft

22% above market

Lot Size Area

$11 / sq ft

9% below market

Property condition, age, exterior, etc. for 5506 W Hol…
Longitude: -85.488768 Latitude: 38.687639 Parcel Number (APN): 39-14-23-200-019-000-002…
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Recommended Properties in 47243

Discover more single family homes near 5506 W Holly Hills Rd 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 5506 W Holly Hills Rd in Jefferson County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$240,472
$210,100
$30,372 (14%)
$******
$306,513
$187,184 (61%)
YoY Price Change
****%
3.01%
401%
Year Built
1973
1972
1 year
Living Space
1,464 sq ft
1,582 sq ft
-118 (-7%)
$ Per Living Sq Ft
$164
$138
$27 (19%)
Lot Size
21,250 sq ft
12,807 sq ft
8443 (66%)
$ Per Lot Sq Ft
$11
$19
-$8 (-42%)

Net Operating Income
$*****
$18,060
$1,259 (7%)
Annual Revenue
$24,600
$24,600
$0 (0%)
$****
$5,949
-$668 (-11%)
Net Operating Income
$*****
$18,060
$1,259 (7%)
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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