Zip Code
1826 S 640 W, Hanover, IN 47243
3 beds · 1 bath · 1,300 sq ft · Lot: 13,939 sq ft · Single Family Home · Last Sold: $48.8K in 2022 · Built: 1967
Est. Value:
$171K
Est. Rent:
$1.8K/month

1826 S 640 W Hanover, IN 47243

3 beds · 1 bath · 1,300 sq ft · Lot Size: 13,939 sq ft · Single Family Home
Est. Property Value: $171,238

Get AI-powered intel on property income potential, propensity to sell and other key info to close on the right property.

1826 S 640 W 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 1967 and is approximately 58 years old. The single family home spans 1300 sq ft with 3 bedrooms and 1 bathroom and sits on a 13939 sq ft lot. According to public records, it was last sold in 2022 for $48,785 and has a tax-assessed value of $90,500, which is $132 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 1826 S 640 W Hanover, IN 47243 with Property Intel by Whitepages.

Investment Potential for 1826 S 640 W

The property has a current estimated value of $171,238, which is 1% below the zip median, based on public records. It last sold on June 09, 2022 for $48.8K. Projected long-term
is $21,000 annually ($1,750 per month) with a 84% occupancy rate.

Discover more Single Family Homes in 47243.

Long-Term

Gross Rental
$21,000 per year($1,750 per month)
Net Operating Income
Cap Rate
Occupancy Rate
84%in 47243 zip code
 
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Owners & Occupancy for 1826 S 640 W

No contact information is available.

Occupancy

Resident 1************* age 77

Property Details for 1826 S 640 W

Property Details

Property Sq Ft

Living Area

1,300 sq ft

5% below market

Lot Size

13,939 sq ft

18% below market

Price Per Sq Ft

Living Area

$132 / sq ft

2% below market

Lot Size Area

$12 / sq ft

1% below market

Property condition, age, exterior, etc. for 1826 S 640…
Longitude: -85.505916 Latitude: 38.711932 Parcel Number (APN): 39-14-10-000-031-000-002…
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Market Benchmarks

Compare data for 1826 S 640 W in Jefferson County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$171,238
$210,100
-$38,862 (-18%)
$306,513
$45,045 (15%)
YoY Price Change
3.01%
-233%
Year Built
1967
1972
-5 years
Living Space
1,300 sq ft
1,582 sq ft
-282 (-18%)
$ Per Living Sq Ft
$132
$138
-$6 (-4%)
Lot Size
13,939 sq ft
12,807 sq ft
1132 (9%)
$ Per Lot Sq Ft
$12
$19
-$7 (-37%)

Net Operating Income
$18,060
-$2,934 (-16%)
Annual Revenue
$21,000
$24,600
-$3,600 (-15%)
$5,949
-$75 (-1%)
Net Operating Income
$18,060
-$2,934 (-16%)
Cap Rate
7.89%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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