Sold on aug 2026

$192,000

•

1,525

sq ft

506 River Rd, Hanover, IN 47243

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About this home

Single-familyProperty Type

1963Year Built

8,276 sq ftLot Size

$126Price/Sq.Ft.

Listed by Evelyn Galbreath • Coldwell Banker Harrell & Asso

Contact: 812-265-3000

Bought with Evelyn Galbreath • Coldwell Banker Harrell & Asso

Redfin checked: a minute ago

•Source:SIRA #202609924

Redfin Estimate

$198,284

$6,284 since sold in August 2026$4,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 15.3% lower than the average sale price ($234K) of 6 comparable homes.

SOLD APR 10, 2026
$275,000
A
4 beds2 baths1,436 sq ft
178 Ohio Ave, Hanover, IN 47243
SOLD AUG 11, 2026
$210,000
B
3 beds2 baths1,296 sq ft
2836 Springwood Dr, Madison, IN 47250
SOLD JUN 2, 2026
$263,000
C
3 beds2 baths1,486 sq ft
137 Presbyterian Ave, Hanover, IN 47243
SOLD JUL 27, 2026
$208,000
D
3 beds2 baths1,299 sq ft
2131 Seneca Dr, Madison, IN 47250
SOLD APR 21, 2026
$180,000
E
3 beds2 baths1,372 sq ft
533 Hanover Dr, Hanover, IN 47243
SOLD AUG 10, 2026
$268,000
F
3 beds2 baths1,573 sq ft
2430 College Hills Dr, Hanover, IN 47243

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Market trends in 47243, IN

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

97.6%

0.2% MoM

Median sale price

$257K

$6K MoM

Avg. days on market

80d

20 days MoM

Recently sold homes

2 MoM

New listings for sale

NEW 18 HRS AGO
$305,000
3 beds2 baths1,451 sq ft
2410 S College Hills Dr, Hanover, IN 47243
$149,900
2 beds1 bath825 sq ft
290 Marine St, Hanover, IN 47243
$139,000
3 beds1 bath1,000 sq ft
224 S Sycamore South Dr, Hanover, IN 47243
$249,900
3 beds2.5 baths1,615 sq ft
216 Smith Ln, Hanover, IN 47243
See all

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Rental estimate

Est. $1,590 per month, based on comparable rentals

Sale and tax history for 506 River Rd

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2025

$2,110 (+37.7%)

$15,000 + $90,500

$105,500

2024

$1,532 (+22.0%)

$15,000 + $61,600

$76,600

2023

$1,256 (+1,246.5%)

$15,000 + $47,800

$62,800

2022

$93 (+9.0%)

$15,000 + $47,300

$62,300

2018

$86 (+15.6%)

$15,000 + $46,500

$61,500

2017

$74 (+182.7%)

$15,000 + $45,100

$60,100

2016

$26 (−53.3%)

$15,000 + $37,300

$52,300

2015

$56 (−93.8%)

$15,000 + $42,500

$57,500

2013

$897

$15,000 + $42,900

$57,900

Public record

Beds

Baths

Stories

Lot width

113 ft.

Lot depth

77 ft.

Lot size

8,701 Sq. Ft.

Year renovated

1963

Sq. Ft.

1,525

Year built

1963

Style

Single Family Residential

County

Jefferson County

APN

391411442037000003

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 9, 2026.

Property details

Interior

Bathroom Information
# of Full Bathrooms: 2

Room Information
# of Rooms (Total): 9
Room Types: Family Room
Basement Information: Crawl Space

Room 1 Information
Other
Description: Utility Room
Level: First
Flooring: Laminate

Room 2 Information
Dining Room
Level: First
Flooring: Laminate

Room 3 Information
Bedroom
Level: First
Flooring: Wood

Room 4 Information
Bedroom
Level: First
Flooring: Wood

Room 5 Information
Bedroom
Level: First
Flooring: Wood

Room 6 Information
Full Bath
Level: First
Flooring: Laminate

Room 7 Information
Level: First
Flooring: Laminate

Room 8 Information
Kitchen
Level: First
Flooring: Laminate

Room 9 Information
Living Room
Level: First
Flooring: Laminate

Laundry Information
Features: Main Level

Fireplace Information
Has Fireplace
# of Fireplaces: 1
Features: Wood Burning

Equipment
Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator, Water Softener

Interior Features
Other Features: Bath In Primary Bedroom, Main Level Primary, Utility Room, Walk-In Closet(s)

Exterior

Building Information
Stories: 1
Roof Details: Shingle
Construction Details: Brick, Frame, Vinyl Siding

Exterior Features
Exterior Features: Deck, Paved Driveway, Patio
Patio And Porch Features: Deck, Patio

Lot Information
Lot Size Area: 0.19
Lot Size Acres: 0.19
Lot Size Source: Assessor
Road Surface Type: Paved
Zoning: Residential
Zoning Description: Residential

Property Information
Above Grade Finished Area: 1,525
Resale

Financial

Tax Information
Annual Tax Amount: $2,100

Utilities

Utility Information
Water Source: Connected, Public

Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Forced Air

Public facts

Beds: 3
Baths: 1.0
Sq. Ft.: 1,525
Stories: 1.0
Lot Size: 8,701 square feet
Style: Single Family Residential
Year Built: 1963
Year Renovated: 1963
County: Jefferson County
APN: 391411442037000003

Home facts updated by county records on Sep 8, 2026

Around this home

Schools

Southwestern Elementary School

Public PreK-5 • Assigned • 0.7mi

5/10

Southwestern Middle School

Public 6-8 • Assigned • 0.7mi

5/10

Southwestern Middle/Senior High School

Public 9-12 • Assigned • 0.7mi

5/10

Provided by GreatSchools

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.15% chance of being in a wildfire in next 30 years

4/10 Heat Factor

7 days above 104° expected this year, 19 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

2/10 Air Factor

0 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Hanover, IN • 47243

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.3 hours in June and 3.4 hours in December, placing it below the U.S. average for solar exposure.

9.3 hrs

3.4 hrs

JuneDecember

Provided by Shadowmap

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Track this home’s value and nearby sales activity

Nearby similar homes

$446,000

4 beds2.5 baths2,768 sq ft

4227 S 400 W, Hanover, IN 47243

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New listings for sale in 47243

NEW 18 HRS AGO

$305,000

3 beds2 baths1,451 sq ft

2410 S College Hills Dr, Hanover, IN 47243

$149,900

2 beds1 bath825 sq ft

290 Marine St, Hanover, IN 47243

$139,000

3 beds1 bath1,000 sq ft

224 S Sycamore South Dr, Hanover, IN 47243

$249,900

3 beds2.5 baths1,615 sq ft

216 Smith Ln, Hanover, IN 47243

Home values near 506 River Rd

Data from public records.

Address	Redfin Estimate
524 River Rd, Hanover, IN 3 Beds \| 1 Baths \| 1375 Sq. Ft.	$227,533
541 River Rd, Hanover, IN 3 Beds \| 3 Baths \| 1928 Sq. Ft.	$247,418

Address	Redfin Estimate
540 River Rd, Hanover, IN 2 Beds \| 2 Baths \| 1368 Sq. Ft.	$202,728
518 River Rd, Hanover, IN 3 Beds \| 1 Baths \| 1107 Sq. Ft.	$188,721

Address	Redfin Estimate
514 River Rd, Hanover, IN 3 Beds \| 1 Baths \| 1707 Sq. Ft.	$194,888
531 River Rd, Hanover, IN 3 Beds \| 1.5 Baths \| 1350 Sq. Ft.	$225,871

Property information provided by SIRA when last listed in 2026. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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Is this your home?

About this home

Redfin Estimate

Market trends in 47243, IN

Homeowner tools

Sale and tax history for 506 River Rd

Public record

Property details

Around this home

Schools

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 47243

Home values near 506 River Rd

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