$1,590,000
 $9,028 est/mo Sourced by Back At You

193 N Music Drive,Hanover, IN 47243

Hanover, IN 47243

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Description

Discover the charm and potential of The Ole Red Barn, a well-established wedding and reception venue nestled on just under 10 beautiful acres in Hanover, Indiana. This unique property offers an exceptional opportunity to continue an established event business, expand its offerings, or create your own vision for a commercial/residential destination. The beautifully appointed barn accommodates 200+ guests and is handicap accessible, making it ideal for weddings, receptions, celebrations, and other special events. The property is designed with the needs of both wedding parties and guests in mind, including a dedicated bride's room with a styling chair and preparation area and a separate groom's room for wedding-day preparations. Outdoor features add to the property's appeal, including an almost one-acre pond complete with a waterfall, dock, and deck, creating a picturesque setting for ceremonies, photographs, and memorable gatherings. Ample on-site parking accommodates 60+ vehicles. Also included is a 2,500+ sq. ft. residence, offering the possibility of living on-site, providing accommodations for an owner/operator, or exploring additional residential possibilities. The Ole Red Barn has been operated by the sellers primarily as a hobby, leaving significant potential for a new owner to expand the business, increase event offerings, add additional revenue opportunities, and develop the property to its full potential. This listing is cross listed as Residential MLS #2026011951

Details

MLS #2026011959
Listing TypeFor Sale
StyleFarm or Ranch
Sub-TypeResale
StatusActive
Year1900
Days On Site7
Listing Provided ByColdwell Banker Harrell & Asso | John Harrell

Features

SQ Feet2,508
Acreage9.70

Taxes

Tax Annual Amount2833

Area Information

StateIN
CountyJefferson_IN
CityHanover
Zip Code47243
Listing VS Median (in 47243)
Price:
$1,590,000
low | high
Med:
$319,900
100% of Average
sqft:
2,508
low | high
Med:
1,890
74.641148325359% of Average
$ / sqft:
$634
low | high
Med:
$169
100% of Average
On site:
7
low | high
Med:
55
12.727272727273% of Average
Sourced by Back At You

Market Activity 47243

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Learn More About This Property

StateIN
CountyJefferson_IN
CityHanover
Zip Code47243
Listing VS Median (in 47243)
Price:
$1,590,000
low | high
Med:
$319,900
100% of Average
sqft:
2,508
low | high
Med:
1,890
74.641148325359% of Average
$ / sqft:
$634
low | high
Med:
$169
100% of Average
On site:
7
low | high
Med:
55
12.727272727273% of Average
Sourced by Back At You
Listing Updated: September 21, 2026 at 4:02:59 PM PDT