Are yards well-kept in Hanover, IN?

As of early 2026, 100% of users say yards are well-kept

Does Hanover, IN show holiday spirit?

As of early 2026, 75% of users say there's holiday spirit

Is a car needed in Hanover, IN?

As of early 2026, 75% of users say car is needed

Would people walk alone at night in Hanover, IN?

As of early 2026, 75% of users say people would walk alone at night

Is parking easy in Hanover, IN?

As of early 2026, 73% of users say parking is easy

Is Hanover, IN dog-friendly?

As of early 2026, 67% of users say it's dog friendly

Is Hanover, IN quiet?

As of early 2026, 64% of users say it's quiet

Are neighbors friendly in Hanover, IN?

As of early 2026, 50% of users say neighbors are friendly

Do residents of Hanover, IN plan to stay at least 5 years?

As of early 2026, 50% of users say they plan to stay for at least 5 years

Do kids play outside in Hanover, IN?

As of early 2026, 45% of users say kids play outside

Is there wildlife in Hanover, IN?

As of early 2026, 42% of users say there's wildlife

Does Hanover, IN have sidewalks?

As of early 2026, 23% of users say there are sidewalks

Are there community events in Hanover, IN?

As of early 2026, 23% of users say there are community events

Is Hanover, IN walkable to grocery stores?

As of early 2026, 18% of users say it's walkable to grocery stores

Are the streets well-lit in Hanover, IN?

As of early 2026, 10% of users say streets are well-lit

What is 242 Smith Ln estimated to be worth?

Trulia's estimated value for 242 Smith Ln in Hanover, IN is $226,700 .

Is Hanover a buyer's or seller's market?

Hanover is currently a buyer's market, based on recent for-sale activity.

What do residents say about Hanover?

Residents describe Hanover, IN as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See recently sold homes in Hanover, IN .

What are the closest schools to 242 Smith Ln?

The closest schools to 242 Smith Ln in Hanover, IN are Southwestern Elementary School (Pre-K, rated 5/10), Southwestern Middle School (rated 5/10), Southwestern Middle/Sr High School (rated 5/10).

Does 242 Smith Ln have air conditioning?

Yes, 242 Smith Ln in Hanover, IN has air conditioning.

How big is the lot at 242 Smith Ln?

The lot at 242 Smith Ln in Hanover, IN is about 0.63 acres (27,540 sq ft).

OFF MARKET

$226,700

Trulia Estimate

3 Beds
2 Baths
1,316 sqft (on 0.63 acres)

242 Smith Ln, Hanover, IN 47243

Est. Refi. Payment $1,292/mo*

Refinance Your Home

Home Value

Trulia Estimate

$227K

Since last month

$2K (+0.9%)

Since last year

$16K (+7.8%)

Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +112% in the last 10 years

Month	Estimated value
2026
August 2026	$227K
August 2026	$225K
July 2026	$225K
June 2026	$224K
May 2026	$214K
April 2026	$211K
March 2026	$213K
February 2026	$205K
January 2026	$200K
2025
December 2025	$202K
November 2025	$201K
October 2025	$195K
September 2025	$204K
August 2025	$210K
July 2025	$219K
June 2025	$211K
May 2025	$211K
April 2025	$204K
March 2025	$197K
February 2025	$191K
January 2025	$184K
2024
December 2024	$187K
November 2024	$188K
October 2024	$193K
September 2024	$192K
August 2024	$191K
July 2024	$194K
June 2024	$196K
May 2024	$199K
April 2024	$193K
March 2024	$193K
February 2024	$184K
January 2024	$181K
2023
December 2023	$182K
November 2023	$185K
October 2023	$188K
September 2023	$193K
August 2023	$193K
July 2023	$189K
June 2023	$198K
May 2023	$194K
April 2023	$190K
March 2023	$187K
February 2023	$181K
January 2023	$180K
2022
December 2022	$180K
November 2022	$184K
October 2022	$186K
September 2022	$187K
August 2022	$187K
July 2022	$187K
June 2022	$186K
May 2022	$187K
April 2022	$184K
March 2022	$181K
February 2022	$157K
January 2022	$159K
2021
December 2021	$161K
November 2021	$162K
October 2021	$162K
September 2021	$160K
August 2021	$160K
July 2021	$162K
June 2021	$160K
May 2021	$160K
April 2021	$158K
March 2021	$152K
February 2021	$150K
January 2021	$148K
2020
December 2020	$149K
November 2020	$148K
October 2020	$145K
September 2020	$144K
August 2020	$149K
July 2020	$149K
June 2020	$150K
May 2020	$144K
April 2020	$142K
March 2020	$141K
February 2020	$139K
January 2020	$142K
2019
December 2019	$141K
November 2019	$141K
October 2019	$141K
September 2019	$142K
August 2019	$140K
July 2019	$131K
June 2019	$130K
May 2019	$130K
April 2019	$131K
March 2019	$134K
February 2019	$130K
January 2019	$131K
2018
December 2018	$129K
November 2018	$124K
October 2018	$129K
September 2018	$126K
August 2018	$127K
July 2018	$122K
June 2018	$125K
May 2018	$124K
April 2018	$125K
March 2018	$121K
February 2018	$119K
January 2018	$116K
2017
December 2017	$115K
November 2017	$114K
October 2017	$114K
September 2017	$121K
August 2017	$121K
July 2017	$120K
June 2017	$115K
May 2017	$110K
April 2017	$110K
March 2017	$109K
February 2017	$110K
January 2017	$108K
2016
December 2016	$106K
November 2016	$107K
October 2016	$105K
September 2016	$107K

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.

Address	Distance	Property Type	Sold Price	Sold Date	Bed	Bath	Sqft
108 Joes Ln, Hanover, IN	0.24	Single-Family Home	$114,334	04/02/26	3	1	1,508
2410 S College Hills Dr, Hanover, IN	0.45	Single-Family Home	$218,277	03/23/26	3	2.5	1,451

Home facts updated by county records

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.

Address	Distance	Price	Bed	Bath	Sqft	Status
325 Meadow Lane, Hanover, IN 47243	0.03	$257,900	4	1	1,778	Off Market
229 Jackson Ln, Hanover, IN 47243	0.05	$232,600	4	2	1,508	Off Market
159 Spruce Lane, Hanover, IN 47243	3.05	$243,000	3	1	1,249	Recently Sold
249 Jackson Ln, Hanover, IN 47243	0.03	$271,900	3	2	1,788	Off Market
241 Jackson Ln, Hanover, IN 47243	0.03	$242,000	3	1	1,653	Off Market
217 Jackson Lane, Hanover, IN 47243	0.06	$230,400	3	2	1,364	Off Market
234 Smith Ln, Hanover, IN 47243	0.03	$222,100	3	2	1,240	Off Market
224 Smith Lane, Hanover, IN 47243	0.04	$242,300	3	1	1,375	Off Market
206 Smith Ln, Hanover, IN 47243	0.08	$205,700	3	2	1,274	Off Market
148 Smith Ln, Hanover, IN 47243	0.12	$248,400	3	2	1,517	Off Market
138 Smith Ln, Hanover, IN 47243	0.15	$224,000	4	3	1,197	Off Market
156 Smith Lane, Hanover, IN 47243	0.10	$175,700	3	1.5	1,240	Off Market

Local Information

Map ViewExplore the area around 242 Smith Ln.
Schools1 Preschool School1 Elementary School1 Middle School1 High School
Shop & Eat

-- mins to

Commute Destination

Home Highlights

Single-Family Home

Built in 1974

0.63 acre lot

1,316 sqft

$172/sqft

Garage

About this House

This single-family home is located at 242 Smith Ln, Hanover, IN. 242 Smith Ln is in Hanover, IN and in ZIP code 47243. This property has 3 bedrooms, 2 bathrooms and approximately 1,316 sqft of floor space. This property has a lot size of 0.63 acres and was built in 1974.

242 Smith Ln, Hanover, IN 47243 is a 3 bedroom, 2 bathroom, 1,316 sqft single-family home built in 1974. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $226,700, with a rent estimate of $1,502/month.

Home Details for 242 Smith Ln

Interior Features
Levels, Entrance, & Accessibility Stories: 1
Interior Details Number of Rooms: 5
Heating & Cooling Air ConditioningCooling System: Central

Exterior Features
Exterior Home Features Roof: AsphaltFoundation Type: Crawl Raised
Parking & Garage GarageParking: Garage Attached

Property Information
Year Built Year Built: 1974
Property Type / Style Property Type: Single Family Home

Lot Information
Lot Area: 0.63 acres

Price and Tax history

Year	Property tax	Tax assessment
2025	$1,539	$156,300

Home facts updated by county records

Additional Cost

Market trends in Hanover

Last updated July 2026

Avg. sale price

—

Sale-to-List Price

—

Price per sq ft

—

Available listings

2MoM

Around this home

Southwestern Elementary School
PK-5
Public
633 Students
Southwestern-Jefferson County Con
5/10
GreatSchools Rating
Parent Rating Average
The staff at southwestern elementary school are excellent
Parent Review
6y ago
1 Reviews

View nearby schools on GreatSchools

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Hanover

At least 8 Trulia users voted on each feature.

100 % Say yards are well-kept
75 % Say there's holiday spirit
75 % Say car is needed
75 % Say people would walk alone at night
73 % Say parking is easy
67 % Say it's dog friendly
64 % Say it's quiet
50 % Say neighbors are friendly
50 % Say they plan to stay for at least 5 years
45 % Say kids play outside
42 % Say there's wildlife
23 % Say there are sidewalks
23 % Say there are community events
18 % Say it's walkable to grocery stores
10 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.

Dalton B.
Resident
6y ago
"I don’t know if any neighborhood events. I go to school part time and work full time. The neighborhood is very well maintained and the neighbors all seem very nice."
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Frequently asked questions about 242 Smith Ln

What is 242 Smith Ln estimated to be worth?
Trulia's estimated value for 242 Smith Ln in Hanover, IN is $226,700.
Is Hanover a buyer's or seller's market?
Hanover is currently a buyer's market, based on recent for-sale activity.
What do residents say about Hanover?
Residents describe Hanover, IN as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See recently sold homes in Hanover, IN.
What are the closest schools to 242 Smith Ln?
The closest schools to 242 Smith Ln in Hanover, IN are Southwestern Elementary School (Pre-K, rated 5/10), Southwestern Middle School (rated 5/10), Southwestern Middle/Sr High School (rated 5/10).
Does 242 Smith Ln have air conditioning?
Yes, 242 Smith Ln in Hanover, IN has air conditioning.
How big is the lot at 242 Smith Ln?
The lot at 242 Smith Ln in Hanover, IN is about 0.63 acres (27,540 sq ft).