2330 N State Highway 3 North Vernon, IN 47265
Estimated payment $9,151/month
Total Views
62,562
2
Beds
1
Bath
880
Sq Ft
$1,818
Price per Sq Ft
Highlights
- 5.46 Acre Lot
- 1 Car Detached Garage
- 1-Story Property
- No HOA
- Woodwork
- Forced Air Heating and Cooling System
About This Home
Rare 5.46 Acre Development Opportunity- Prime Commercial Location near Walmart. This exceptional 5.46 acre property is on the market for the first time in over 44 years! This also includes property 2240 N State Hwy 3 North Vernon,IN 47265. Ideally located between Walmart and other major supercenters, this high traffic area offers potential for commercial development. Currently zoned residential (Easily Convertible to Commercial). With its prime location and heavy vehicle and foot traffic, the property is a perfect opportunity for investors or businesses. With direct access from State Highway 3, It is located less than 1 mile from the multi-million-dollar Highway 50 bypass completed in 2017, which provides connectivity to surrounding regions. Community Growth: * Economic Expansion: North Vernon has recently secured $30 million in READI funding, earmarked for projects that enhance quality of life and attract new businesses. Residential Development: * North Vernon broke ground on Heritage Estates, a $35+ million housing project adding over 111 units within 2.5 miles of property. Development Potential: * Versatile Use, Ideal for grocery chains, retail outlets, or large scale commercial enterprises. * Infrastructure Ready, Proximity to essential utilities and direct access from State Highway 3 facilitate swift development. Recent growth in North Vernon, including new housing developments and revitalized downtown investments, makes this a can't miss opportunity!
Listing Agent
F.C. Tucker Real Estate Experts License #Rb23000637 Listed on: 01/06/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,768
Year Built
- Built in 1908
Lot Details
- 5.46 Acre Lot
- Additional Parcels
Parking
- 1 Car Detached Garage
Home Design
- Block Foundation
- Wood Siding
Interior Spaces
- 880 Sq Ft Home
- 1-Story Property
- Woodwork
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Schools
- Jennings County Middle School
- Jennings County High School
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- North Vernon Subdivision
Listing and Financial Details
- Tax Lot /
- Assessor Parcel Number 400928400079000004
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,248 | $298,500 | $34,900 | $263,600 |
| 2023 | $3,767 | $262,400 | $34,900 | $227,500 |
| 2022 | $2,785 | $243,700 | $34,900 | $208,800 |
| 2021 | $4,596 | $221,700 | $34,900 | $186,800 |
| 2020 | $4,524 | $218,600 | $34,900 | $183,700 |
| 2019 | $4,287 | $207,100 | $34,900 | $172,200 |
| 2018 | $4,215 | $203,600 | $34,900 | $168,700 |
| 2017 | $4,174 | $201,800 | $34,900 | $166,900 |
| 2016 | $4,173 | $202,000 | $34,900 | $167,100 |
| 2014 | $4,306 | $209,100 | $34,900 | $174,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/06/2025 01/06/25 | For Sale | $1,600,000 | -- | $1,818 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
About the Listing Agent
Daniel's Other Listings
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22017049
APN: 40-09-28-400-079.000-004
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