540 River Rd
Hanover, IN 47243
2 Beds
2 Baths
1,368 sqft (on 0.25 acres)
$209,900
as of Aug 8, 2026
$209,900
as of Aug 8, 2026
2 Beds
2 Baths
1,368 sqft
(on 0.25 acres)
Local Information
- Map ViewExplore the area around 540 River Rd.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1975
Lot Size
0.25 acres
Living Area
1,368 sqft
Price/Sqft
$153
Parking
Garage
About this House
This single-family home is located at 540 River Rd, Hanover, IN. 540 River Rd is in Hanover, IN and in ZIP code 47243. This property has 2 bedrooms, 2 bathrooms and approximately 1,368 sqft of floor space. This property has a lot size of 0.25 acres and was built in 1975.
540 River Rd, Hanover, IN 47243 is a 2 bedroom, 2 bathroom, 1,368 sqft single-family home built in 1975. It is currently off market. The Trulia Estimate is $209,900, with a rent estimate of $1,418/month.
Home Details for 540 River Rd
|
|---|
Heating & Cooling Heating: OtherAir ConditioningCooling System: CentralHeating Fuel: Other |
Levels, Entrance, & Accessibility Stories: 1 |
Interior Details Number of Rooms: 5 |
|
|---|
Exterior Home Features Roof: AsphaltFoundation Type: Crawl Raised |
Parking & Garage GarageParking: Garage Attached |
|
|---|
Year Built Year Built: 1975 |
Property Type / Style Property Type: Single Family Home |
|
|---|
Lot Area: 0.25 acres |
Market trends in Hanover
Last updated June 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
24
3MoM
- Results are loading
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $1,159 |
| Assessment | $149,800 |
Home facts updated by county records
Comparable Sales for 540 River Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.13 | Single-Family Home | $175,000 | 06/05/26 | 2 | 1 | 1,036 | |
0.06 | Single-Family Home | $300,000 | 12/15/25 | 4 | 2 | 750 | |
0.25 | Single-Family Home | $174,900 | 09/16/25 | 3 | 1.5 | 2,208 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.
OFF MARKETColdwell Banker Martin Miller Lamb, Sold
SOLDJUN 5, 2026Beycome Brokerage Realty LLC, Sold
Assigned Schools
These are the assigned schools for 540 River Rd.
- Southwestern Elementary School
- PK-5
- Public
- 633 Students
5/10GreatSchools RatingParent Rating AverageThe staff at southwestern elementary school are excellentParent Review6y ago - Southwestern Middle/Sr High School
- 9-12
- Public
- 350 Students
4/10GreatSchools RatingParent Rating AverageI have attended SW since I was in kindergarten. If there is one thing I would tell any parent before sending their child here is just don’t do it. A large majority of the teachers don’t care how a student is doing inside or outside of the classroom. Another thing is that the staff members here are extremely disrespectful to the students. I personally had a full grown woman who is still currently a teacher slam herself into my car for no almost no reason. I used to deal with students being bullies, but now it’s the staff. In the past years that I have attended this school, I have come face to face with rodents stuck in the bathroom sinks and huge cockroaches just making themselves comfortable hundreds of times. This establishment is overall nothing more than a foul joke.Other Review5y ago - Southwestern Middle School
- 6-8
- Public
- 280 Students
5/10GreatSchools RatingParent Rating AverageWelcome To Skanktown: Population All of Them. Learning if anything is the bottom priority.Parent Review3y ago 
Check out schools near 540 River Rd.
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
PET FRIENDLY
See more homes for rent inHanover
Homes for sale near 540 River Rd
Off Market Homes Near 540 River Rd
Frequently asked questions about 540 River Rd
- What is 540 River Rd estimated to be worth?Trulia's estimated value for 540 River Rd in Hanover, IN is $209,900.
- 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 540 River Rd?The closest schools to 540 River Rd in Hanover, IN are Southwestern Elementary School (Pre-K, rated 5/10), Southwestern Middle School (rated 5/10), Southwestern Middle/Sr High School (rated 4/10).
- Does 540 River Rd have air conditioning?Yes, 540 River Rd in Hanover, IN has air conditioning.
- How big is the lot at 540 River Rd?The lot at 540 River Rd in Hanover, IN is about 0.25 acres (10,974 sq ft).