$309,900

0 W Walnut St Unit MBR22050857 North Vernon, IN 47265

Estimated payment $1,628/month

Total Views 10,700
0.88 Acre
$353,364 Price per Acre
38,202 Sq Ft Lot

About This Lot

Prime Commercial Lot on High-Traffic Corridor - Just Under 1 Acre Opportunity awaits on this highly visible commercial lot located on Old US Hwy 50 (now Walnut Street). Situated directly across from a brand-new 100+ lot residential development, this property offers incredible potential for a variety of business ventures or investment opportunities. It even comes with established passive income from billboards on site! Boasting nearly an acre of level ground with excellent road frontage, this site is ideal for retail, office space, service-oriented businesses, or even a mixed-use concept. The high traffic volume on Walnut Street ensures maximum exposure, while the growing residential population across the street creates a built-in customer base. Whether you're an investor or entrepreneur, this is your chance to secure a strategic location in a rapidly developing area. Don't miss out on the potential this property offers!

Listing Agent

Andrew Flora

1 Percent Lists Indiana Real Estate License #RB24000989 Listed on: 07/14/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $34

Lot Details

  • 0.88 Acre Lot
  • Additional Parcels

Schools

  • Jennings County Middle School
  • Jennings County High School

Listing and Financial Details

  • Tax Lot 40-12-04-200-010.001-004
  • Assessor Parcel Number 401204200010001004

Property Details

Property Type

Land

Est. Annual Taxes

$34

Lot Details

0

Listing Details

  • Type: Undeveloped
  • Property Sub Type: Unimproved Land
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2024
  • Lot Size Acres: 0.877
  • Road Frontage Type: City Street, Highway
  • Road Surface Type: Asphalt
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Special Features: None

Exterior Features

  • Other Structures: Not Applicable
  • Topography: See Remarks
  • Road Access: See Remarks
  • Water: Municipal Water on Site

Utilities

  • Sewer: Public Sewer
  • Solid Waste: No

Schools

  • Middle Or Junior School: Jennings County Middle School

Lot Info

  • Additional Parcels Description: PT SWQ 33-7-8 .18 AC
  • Additional Parcels: Yes
  • Development Status: NoStatus
  • Horse Amenities: None
  • Lot Size Sq Ft: 30361
  • Number Of Lots: 2
  • Parcel Number: 401204200010001004
  • Zoning: Commercial
  • Acres: 1/2-1 Acre
  • Land Characteristics: See Remarks
  • Present Zoning: Commercial
  • Soil Type: Not Applic
  • Divisible: No

Tax Info

  • Tax Annual Amount: 34
  • Tax Lot: 40-12-04-200-010.001-004
  • Semi Annual Property Tax Amt: 17

MLS Schools

  • High School: Jennings County High School

Map

Range of Values:

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Value Increase
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Percent Increase
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Collateral Analytics

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2025 07/14/25 For Sale $309,900 -- --
Source: MIBOR Broker Listing Cooperative®

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22050857

MIBOR Broker Listing Cooperative®
Indiana Jennings County North Vernon 47265

0 W Walnut St Unit MBR22050857, North Vernon, IN

For Sale

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MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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Listing Agent
Andrew Flora
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1 Percent Lists Indiana Real Estate