Google street view image for 507 River Rd, Hanover, IN 47243

Off market nov 2009 for $85K

$223,541

Est. refi paymentEst. refi $587/mo

•

2 ba

•

1,716

sq ft

507 River Rd, Hanover, IN 47243

About this home

507 River Rd is a 1,716 square foot house on a 10,716 square foot lot with 3 bedrooms and 2 bathrooms. - it last sold on November 24, 2009 for $85,000. Based on Redfin's Hanover data, we estimate the home's value is $223,541.

Single-familyProperty Type

1960Year Built

10,716 sq ftLot Size

$130Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$223,541

$139K since sold in November 2009$2,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 7.6% lower than the average sale price ($242K) of 6 comparable homes.

SOLD OCT 2, 2026
$201,900
A
3 beds2 baths1,797 sq ft
572 S Grange Hall, Hanover, IN 47243
SOLD AUG 27, 2026
$192,000
B
4 beds2 baths1,525 sq ft
506 River Rd, Hanover, IN 47243
SOLD JAN 23, 2026
$267,250
C
3 beds2 baths1,851 sq ft
205 Smith Ln, Hanover, IN 47243
SOLD JUL 17, 2026
$239,900
D
3 beds1.5 baths1,680 sq ft
246 E Crowe St, Hanover, IN 47243
SOLD AUG 11, 2026
$210,000
E
3 beds2 baths1,296 sq ft
2836 Springwood Dr, Madison, IN 47250
SOLD SEP 29, 2026
$340,000
F
3 beds2 baths1,700 sq ft
68 S West Paine St, Hanover, IN 47243

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Earn from this home

Refinance

Est. cash available

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Rent

$1,832/mo

Redfin rental estimate

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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 4 HRS AGO
$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
$314,900
3 beds2 baths1,795 sq ft
2439 S College Hills Dr, Hanover, IN 47243
$180,000
3 beds1 bath960 sq ft
121 Sharon Ct, Hanover, IN 47243
$249,900
3 beds2.5 baths1,615 sq ft
216 Smith Ln, Hanover, IN 47243
See all

Provided by Redfin

Sale history for 507 River Rd

Year

Property tax

Land + Additions

Assessment*

2025

$1,506 (+8.2%)

$20,300 + $147,000

$167,300

2024

$1,392 (+42.5%)

$20,300 + $118,900

$139,200

2023

$977 (−3.4%)

$20,300 + $92,300

$112,600

2022

$1,011 (+11.0%)

$20,300 + $91,300

$111,600

2021

$911 (+24.5%)

$20,300 + $84,000

$104,300

2020

$732 (+5.6%)

$20,300 + $72,000

$92,300

2019

$693 (−16.4%)

$20,300 + $72,000

$92,300

2018

$829 (+8.7%)

$20,300 + $81,600

$101,900

2017

$762 (+30.8%)

$20,300 + $78,700

$99,000

2016

$583 (−17.5%)

$20,300 + $67,600

$87,900

2015

$706 (+1.1%)

$20,300 + $76,900

$97,200

2013

$698

$20,300 + $80,100

$100,400

Tax history for 507 River Rd

Year

Property tax

Land + Additions

Assessment*

2025

$1,506 (+8.2%)

$20,300 + $147,000

$167,300

2024

$1,392 (+42.5%)

$20,300 + $118,900

$139,200

2023

$977 (−3.4%)

$20,300 + $92,300

$112,600

2022

$1,011 (+11.0%)

$20,300 + $91,300

$111,600

2021

$911 (+24.5%)

$20,300 + $84,000

$104,300

2020

$732 (+5.6%)

$20,300 + $72,000

$92,300

2019

$693 (−16.4%)

$20,300 + $72,000

$92,300

2018

$829 (+8.7%)

$20,300 + $81,600

$101,900

2017

$762 (+30.8%)

$20,300 + $78,700

$99,000

2016

$583 (−17.5%)

$20,300 + $67,600

$87,900

2015

$706 (+1.1%)

$20,300 + $76,900

$97,200

2013

$698

$20,300 + $80,100

$100,400

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Property details

Interior

Basement Information
Basement Sq. Ft: 858
Basement Type: Partial Finished

Bathroom Information
# of Full Baths: 2
# of Bathroom Fixtures: 8

Heating & Cooling
Air Conditioning Type: Central
Heating Type: Warm Air

Fireplace Information
# of Fireplaces: 1
Fireplace Type: Masonry
Has Fireplace

Room Information
# of Rooms: 6

Exterior

Exterior Information
Physical Condition: Average
Construction Type: Stone/Rock
Building Type: Residential

Property Information
Subdivision Name: VOLZ ADD
Living Sq. Ft: 1,716
Adjusted Gross Sq. Ft: 2,574
Building Sq. Ft: 2,574
# of Stories: 1
Legal Description: 012-00577-00 LOT 32, 17' SE LOT 31 & E1/2 LOT 91 VOLZ ADD 12-38-33 .2464AC 5 07 RIVER DR

Lot Information
# of Buildings: 1
Land Sq. Ft: 10,716
Legal Lot Number: 32
Municipality Name: HANOVER TOWNSHIP
Acres: 0.246
Depth Footage: 93
Front Footage: 136
County Use Description: SINGLE FAMILY PLATTED LOT

Utility Information
Electricity / Wiring Type: Available
Sewer Type: Public
Water Service Type: Public

Financial

Assessor Information
Assessment Year: 2025
Tax District County: HANOVER TOWN

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 1,716
Stories: 1.0
Lot Size: 10,716 square feet
Style: Single Family Residential
Year Built: 1960
Year Renovated: 1960
County: Jefferson County
APN: 391411442027000003

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

Lifestyle

Provided by Walk Score and Local Logic

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

Estimated sale price

$213,000 – $258,000

Sell confidently with a local market expert in Hanover. 3 minutes to get started.

Nearby similar homes

$319,900

3 beds2 baths1,649 sq ft

1344 Lockard St, Madison, IN 47250

$209,900

3 beds1.5 baths1,372 sq ft

413 Bellaire Dr, Madison, IN 47250

NEW CONSTRUCTION

$359,900

3 beds2 baths1,600 sq ft

20 S West Paine St, Hanover, IN 47243

$189,900

3 beds1 bath1,101 sq ft

1667 E Wehner Dr, Madison, IN 47250

$269,900

3 beds2 baths1,352 sq ft

709 Montclair St, Madison, IN 47250

$249,900

3 beds1.5 baths1,242 sq ft

410 Mouser St, Madison, IN 47250

EXP Realty LLC

New listings for sale in 47243

NEW 4 HRS AGO

$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

$314,900

3 beds2 baths1,795 sq ft

2439 S College Hills Dr, Hanover, IN 47243

$180,000

3 beds1 bath960 sq ft

121 Sharon Ct, Hanover, IN 47243

$249,900

3 beds2.5 baths1,615 sq ft

216 Smith Ln, Hanover, IN 47243

Home values near 507 River Rd

Data from public records.

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

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

Address	Redfin Estimate
514 River Road, Hanover, IN 3 Beds \| 1 Baths \| 1707 Sq. Ft.	$194,888
555 River Road, Hanover, IN 4 Beds \| 3 Baths \| 1966 Sq. Ft.	$281,001

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 47243, IN

Sale history for 507 River Rd

Tax history for 507 River Rd

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 47243

Home values near 507 River Rd

More real estate resources