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516 Hanover Dr

Anderson, IN 46012

3 bd 2 ba 1,564 sqft Built 1965 Lot 21,453 sqft single_family
Most recent sale
$198,340
Jul 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 22, 2025 Sold $240,000 MIBOR
Apr 12, 2025 Listed $245,000 MIBOR
Jul 8, 2022 Sold $198,340 Public Record
Jun 4, 2022 Listed $194,900 MLS #21861122
Jan 25, 2018 Sold $115,036 Public Record
Aug 30, 2011 Listing removed $79,900 MIBOR
Aug 3, 2011 Price changed $79,900 MLS #21120331
Jun 21, 2011 Price changed $85,000 MLS #21120331
May 3, 2011 Listed $89,900 MLS #21120331

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $136,600 $15,500 $152,100 $3,380
2023 $123,900 $14,800 $138,700 $3,107
2022 $115,100 $14,200 $129,300 $1,411
2021 $106,200 $14,200 $120,400 $1,314
2020 $103,400 $13,500 $116,900 $1,235
2019 $102,300 $13,500 $115,800 $1,260
2018 $93,600 $13,500 $107,100 $1,182
2017 $75,700 $13,500 $89,200 $769
2016 $74,100 $13,100 $87,200 $753
2015 $79,700 $13,100 $92,800 $852
2014 $78,300 $13,100 $91,400 $765
2013 $78,300 $13,100 $91,400 $816
2012 $75,800 $13,100 $88,900 $724
2011 $73,500 $12,200 $85,700 $634
2010 $86,500 $13,600 $100,100 $2,892
2009 $86,500 $13,600 $100,100 $2,874
2008 $62,000 $11,500 $73,500 $387
2006 $72,100 $11,500 $83,600 $738

Property facts

Year built
1965
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,564 sqft
Lot size
21,453 sqft
ZIP code
46012
City
Anderson
Street
Hanover Dr
Coordinates
40.11101, -85.63084

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,346
Gross rental yield
14.19%
Implied cap rate
9.23%
Trend-extrapolated value

Frequently asked questions

When did 516 Hanover Dr last sell?
516 Hanover Dr most recently sold on Jul 8, 2022 for $198,340.
What is the current tax assessment for 516 Hanover Dr?
The most recent total assessment for 516 Hanover Dr (year 2024) is $152,100 with $3,380 in property tax.
How does 516 Hanover Dr's assessment compare to its last sale price?
The current assessment is 23.3% below the last sale price of $198,340.
When was 516 Hanover Dr built?
516 Hanover Dr was built in 1965.
How does 516 Hanover Dr compare to others on Hanover Dr?
We track 2 other properties on Hanover Dr. Browse the list under "Other properties on Hanover Dr" to compare beds, baths, and sale history.
What are the property facts for 516 Hanover Dr?
516 Hanover Dr is a 3 bed, 2 bath, 1,564 sqft, 21,453 sqft lot single_family.
Is 516 Hanover Dr a flip candidate?
No — 516 Hanover Dr does not appear in our flips dataset.
Is 516 Hanover Dr a tax-appeal candidate?
No — 516 Hanover Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.9%
Implied 1-yr
+7.5%
2026 Q3
$250K
2026 Q4
$254.2K
ZIP 46012 — Median Price History + Forecast

Explore nearby

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