OFF MARKET

Off Market Apr 2025 for $440K

$420,160

Est. refi paymentEst. refi $2,870/mo

•

2,930

sq ft

5315 W Prospect Rd, Hanover, IN 47243

About this home

Back On at NO fault of Home or Sellers! This house has made it through inspections and appraisal review- so it is READY to CLOSE! Don't miss out on this property! Well maintained Log Cabin with wrap around porch on secluded 4.6 acres with plenty of room for fun and entertainment! Explore the Chef's kitchen with custom Hickory Cabinets, Granite counters, Kitchen-aid appliances, and all the amenities! Open concept kitchen/dining/living and vaulted ceilings makes a great space for entertaining. There are 2 bedrooms, bath, and laundry on main floor with access to large above ground pool and plenty of deck to sunbathe and party. Enjoy the beautiful primary suite upstairs with private balcony. The walkout basement has another fireplace that did have a woodstove and another could easily be inserted. The Safe Room is large enough for several people or storage. There is still a garage door overhead if you wanted to remove the French doors and use as a garage. Don't forget to check out the large detached garage to store all your toys, equipment and more! The Kitchen upgrade is less than 5 years old and the metal roof is less than 10 years. The entire exterior of home and decking was all stained/treated within 1 year as well as the HVAC was replaced. Schedule today to tour this wonderful property!

Single-familyProperty Type

1989Year Built

4.63 acresLot Size

$143Est. Price/Sq.Ft.

3 car garageParking

Listed by Robin Mingione • eXp Realty, LLC

Contact: 888-611-3912

Bought with Paul Floyd • Keller Williams Realty Consultants

Bought with Susan Floyd • Keller Williams Realty Consultants

Redfin checked: a minute ago

•Source:SIRA #2024011038

Redfin Estimate

$420,160

$20K since sold in April 2025$4,000 since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 31% higher than the average sale price ($321K) of 6 comparable homes.

SOLD MAY 20, 2026
$307,000
A
3 beds2 baths1,728 sq ft
6303 W New Bethel Rd, Lexington, IN 47138
SOLD MAY 8, 2026
$287,000
B
3 beds2 baths2,520 sq ft
2435 S Geese Ln S, Hanover, IN 47243
SOLD JUL 31, 2026
$285,000
C
3 beds2 baths1,779 sq ft
8757 S 450, Hanover, IN 47243
EXP Realty LLC
SOLD JUN 30, 2026
$313,000
D
3 beds2 baths2,220 sq ft
10242 W Polk Rd, Lexington, IN 47138
EXP Realty LLC
SOLD JUL 17, 2026
$465,000
E
3 beds2 baths2,016 sq ft
10976 W Stae Road 56, Lexington, IN 47138
SOLD AUG 10, 2026
$268,000
F
3 beds2 baths1,573 sq ft
2430 College Hills Dr, Hanover, IN 47243

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Earn from this home

Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$2,292/mo

Redfin rental estimate

List your home for rent

Market trends in 47243, IN

Last updated July 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

97.4%

0.3% MoM

Median sale price

$255K

$22K MoM

Avg. days on market

77d

5 days MoM

Recently sold homes

7 MoM

New listings for sale

$174,900
3 beds1 bath1,025 sq ft
205 Glad St, Hanover, IN 47243
$265,000
3 beds2 baths1,404 sq ft
100 Parkside Dr #18, Hanover, IN 47243
$349,900
3 beds2.5 baths3,508 sq ft
6692 W State Road 56, Hanover, IN 47243
See all

Provided by Redfin

Sale history for 5315 W Prospect Rd

Year

Property tax

Land + Additions

Assessment*

2025

$1,325 (−23.8%)

$20,700 + $134,000

$154,700

2024

$1,739 (+0.7%)

$19,300 + $159,600

$178,900

2023

$1,728 (−6.5%)

$19,300 + $159,600

$178,900

2022

$1,847 (+14.7%)

$19,300 + $163,500

$182,800

2021

$1,611

$19,300 + $139,500

$158,800

2020

$1,612 (+1.9%)

$19,300 + $139,500

$158,800

2019

$1,582 (+3.7%)

$19,300 + $141,100

$160,400

2018

$1,526 (+11.9%)

$19,300 + $141,100

$160,400

2017

$1,364 (+1.0%)

$19,300 + $132,400

$151,700

2016

$1,350 (+16.2%)

$19,300 + $132,400

$151,700

2015

$1,162 (+2.9%)

$19,300 + $118,900

$138,200

2013

$1,129

$19,300 + $122,700

$142,000

Tax history for 5315 W Prospect Rd

Year

Property tax

Land + Additions

Assessment*

2025

$1,325 (−23.8%)

$20,700 + $134,000

$154,700

2024

$1,739 (+0.7%)

$19,300 + $159,600

$178,900

2023

$1,728 (−6.5%)

$19,300 + $159,600

$178,900

2022

$1,847 (+14.7%)

$19,300 + $163,500

$182,800

2021

$1,611

$19,300 + $139,500

$158,800

2020

$1,612 (+1.9%)

$19,300 + $139,500

$158,800

2019

$1,582 (+3.7%)

$19,300 + $141,100

$160,400

2018

$1,526 (+11.9%)

$19,300 + $141,100

$160,400

2017

$1,364 (+1.0%)

$19,300 + $132,400

$151,700

2016

$1,350 (+16.2%)

$19,300 + $132,400

$151,700

2015

$1,162 (+2.9%)

$19,300 + $118,900

$138,200

2013

$1,129

$19,300 + $122,700

$142,000

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

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

4.63 Acres

Year renovated

1989

Sq. Ft.

2,430

Year built

1989

Style

Single Family Residential

County

Jefferson County

APN

391602000003001012

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 26, 2026.

Property details

Parking

Garage/Carport Information
Has Garage
# of Garage Spaces: 3

Parking
Features: Detached, Garage, Garage Door Opener

Interior

Bathroom Information
# of Full Bathrooms: 2

Room Information
# of Rooms (Total): 12
Has Basement
Basement Information: Partially Finished, Walk-Out Access

Room 1 Information
Other
Description: Safe room
Level: Lower
Flooring: Other
Dimensions: 10.6 x 13
Length: 13
Width: 10.6

Room 2 Information
Other
Description: Open walkout basement, fireplace, entertain space
Level: Lower
Flooring: Other
Dimensions: 27 x 45
Length: 45
Width: 27

Room 3 Information
Other
Description: ensuite walk in closet
Level: Second
Flooring: Carpet
Dimensions: 9.6 x 12
Length: 12
Width: 9.6

Room 4 Information
Full Bath
Description: ensuite, jetted tub, separate shower
Level: Second
Flooring: Tile
Dimensions: 9.6 x 12
Length: 12
Width: 9.6

Room 5 Information
Description: vaulted ceilings, ensuite, balcony
Level: Second
Flooring: Carpet
Dimensions: 17 x 24
Length: 24
Width: 17

Room 6 Information
Other
Description: Loft
Level: Second
Flooring: Wood
Dimensions: 8 x 17
Length: 17
Width: 8

Room 7 Information
Bedroom
Level: First
Flooring: Carpet
Dimensions: 11 x 12
Length: 12
Width: 11

Room 8 Information
Bedroom
Level: First
Flooring: Carpet
Dimensions: 9.5 x 12
Length: 12
Width: 9.5

Room 9 Information
Full Bath
Level: First
Flooring: Tile
Dimensions: 5 x 9.6
Length: 9.6
Width: 5

Room 10 Information
Other
Description: Laundry/mudroom- pool access
Level: First
Flooring: Tile
Dimensions: 6 x 9.6
Length: 9.6
Width: 6

Room 11 Information
Kitchen
Description: Kitchenaid Appliances, Granite, Hickory Cabinets
Level: First
Flooring: Wood
Dimensions: 17 x 20
Length: 20
Width: 17

Room 12 Information
Family Room
Description: Vaulted Ceiling, Fireplace
Level: First
Flooring: Carpet
Dimensions: 13 x 27
Length: 27
Width: 13

Laundry Information
Features: Main Level, Laundry Room

Fireplace Information
Has Fireplace
# of Fireplaces: 2
Features: Insert

Equipment
Appliances: Dryer, Dishwasher, Disposal, Humidifier, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven, Water Softener, Washer

Interior Features
Window Features: Blinds, Thermal Windows
Other Features: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Game Room, Jetted Tub, Kitchen Island, Loft, Bath in Primary Bedroom, Mud Room, Open Floorplan, Split Bedrooms, Utility Room, Vaulted Ceiling(s), Natural Woodwork, Walk-In Closet(s), Window Treatments

Exterior

Building Information
Stories: 2
Roof Details: Metal
Construction Details: Log, Stone, Wood Siding

Exterior Features
Exterior Features: Balcony, Deck, Paved Driveway, Porch, Patio
Patio And Porch Features: Balcony, Covered, Deck, Patio, Porch
Other Structures: Garage(s)

Pool and Spa Information
Pool Features: Above Ground, Pool

Land Information
Wooded Area: 2.5

Lot Information
Lot Size Area: 4.63
Lot Size Acres: 4.63
Lot Size Source: Assessor
Lot Features: Adjacent To Open Space, Garden, Wooded
Road Surface Type: Paved
Zoning: Agri/ Residential
Zoning Description: Agri/ Residential

Property Information
Has View
Below Grade Finished Area: 500
Above Grade Finished Area: 2,430
Foundation Details: Poured
Resale

Financial

Tax Information
Annual Tax Amount: $1,727

Utilities

Utility Information
Sewer: Septic Tank
Water Source: Connected, Public

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

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 2,430
Stories: 1.0
Lot Size: 4.63 acres
Style: Single Family Residential
Year Built: 1989
Year Renovated: 1989
County: Jefferson County
APN: 391602000003001012

Home facts updated by county records on Aug 26, 2026

Around this home

Schools

Southwestern Elementary School

Public PreK-5 • Assigned • 4.1mi

5/10

Southwestern Middle School

Public 6-8 • Assigned • 4.2mi

5/10

Southwestern Middle/Senior High School

Public 9-12 • Assigned • 4.2mi

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

1/10 Fire Factor

Unlikely to be 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 9.2 hours in June and 3.4 hours in December, placing it below the U.S. average for solar exposure.

9.2 hrs

3.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$400,000 – $484,000

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

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EXP Realty LLC

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New listings for sale in 47243

$174,900

3 beds1 bath1,025 sq ft

205 Glad St, Hanover, IN 47243

$265,000

3 beds2 baths1,404 sq ft

100 Parkside Dr #18, Hanover, IN 47243

$349,900

3 beds2.5 baths3,508 sq ft

6692 W State Road 56, Hanover, IN 47243

Home values near 5315 W Prospect Rd

Data from public records.

Address	Redfin Estimate
5009 West Prospect Rd, Hanover, IN 3 Beds \| 2 Baths \| 1170 Sq. Ft.	$216,456
4976 West Prospect Rd, Hanover, IN 4 Beds \| 2.5 Baths \| 2804 Sq. Ft.	$385,283

Address	Redfin Estimate
5774 West Prospect Rd, Hanover, IN - Beds \| 2 Baths \| 1404 Sq. Ft.	$163,244
5113 West Prospect Rd, Hanover, IN - Beds \| 1 Baths \| 1404 Sq. Ft.	$114,357

Address	Redfin Estimate
4759 West Prospect Rd, Hanover, IN 3 Beds \| 1 Baths \| 1408 Sq. Ft.	$208,100
5625 West Prospect Rd, Hanover, IN 2 Beds \| 1 Baths \| 1364 Sq. Ft.	$117,141

Property information provided by SIRA when last listed in 2024. This data may not match . Learn more.

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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 5315 W Prospect Rd

Tax history for 5315 W Prospect Rd

Public record

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 5315 W Prospect Rd

More real estate resources