Zip Code
1341 S Riverview Dr, Hanover, IN 47243
3 beds · 2 baths · 1,694 sq ft · Lot: 31,863 sq ft · Single Family Home · Last Sold: $149K in 2015 · Built: 1960
Est. Value:
$263K
Est. Rent:
$2.2K/month

1341 S Riverview Dr Hanover, IN 47243

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3 beds · 2 baths · 1,694 sq ft · Lot Size: 31,863 sq ft · Single Family Home
Est. Property Value: $262,980

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1341 S Riverview 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 1960 and is approximately 65 years old. The single family home spans 1694 sq ft with 3 bedrooms and 2 bathrooms and sits on a 31863 sq ft lot. According to public records, it was last sold in 2015 for $149,000 and has a tax-assessed value of $201,900, which is $155 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 1341 S Riverview Dr Hanover, IN 47243 with Property Intel by Whitepages.

Investment Potential for 1341 S Riverview Dr

The property has a current estimated value of $262,980, which is 53% above the zip median, based on public records. It last sold on November 09, 2015 for $149K. Projected long-term
is $26,400 annually ($2,200 per month) with a 84% occupancy rate.

Discover more Single Family Homes in 47243.

Long-Term

Gross Rental
$26,400 per year($2,200 per month)
Net Operating Income
Cap Rate
Occupancy Rate
84%in 47243 zip code
 
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Owners & Occupancy for 1341 S Riverview Dr

This property is owned by J C Dunn. Owner contact information includes 2 phone numbers.

Property Owners

Residence***********
Landline(757) 483-0173
Distance from Property**********
Residence***********
Landline
Distance from Property**********

Property Ownership Information

Purchase DateNovember 09, 2015
Property Tax Amount$1,937 in 2023
Purchase Price$149,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1************ age 87
Resident 2************** age 83
Resident 3******** age 87

Property Details for 1341 S Riverview Dr

Property Details

Property Sq Ft

Living Area

1,694 sq ft

23% above market

Lot Size

31,863 sq ft

86% above market

Price Per Sq Ft

Living Area

$155 / sq ft

15% above market

Lot Size Area

$8 / sq ft

33% below market

Property condition, age, exterior, etc. for 1341 S Riv…
Longitude: -85.451334 Latitude: 38.716829 Parcel Number (APN): 39-13-07-100-022-000-002…
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Market Benchmarks

Compare data for 1341 S Riverview Dr in Jefferson County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$262,980
$210,100
$52,880 (25%)
$306,513
$233,394 (76%)
YoY Price Change
3.01%
-146%
Year Built
1960
1972
-12 years
Living Space
1,694 sq ft
1,582 sq ft
112 (7%)
$ Per Living Sq Ft
$155
$138
$18 (13%)
Lot Size
31,863 sq ft
12,807 sq ft
19056 (149%)
$ Per Lot Sq Ft
$8
$19
-$11 (-57%)

Net Operating Income
$18,060
$951 (5%)
Annual Revenue
$26,400
$24,600
$1,800 (7%)
$5,949
$1,440 (24%)
Net Operating Income
$18,060
$951 (5%)
Cap Rate
7.89%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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