NOT LISTED FOR SALE

2125 State Highway 7 North Vernon, IN 47265

Estimated Value: $367,351

1.2 Acres
$306,126 Price per Acre
52,272 Sq Ft Lot

Sale Details

Date Sold: November 2, 2021

Last sale price $325,000

Est. 13% increase in value since last sale

Current estimated payment $2,265 / mo

52 Days on Market

About This Lot

As of November 2021

Commercial Land! These 1.201 acres offer an abundance of opportunity and are located in a high traffic area next to Taco Bell with highway road frontage, great visibility and city utilities on site. The property was previously an auto dealership but could be used as a place to build an office, restaurant or many other possibilities.

Last Agent to Sell the Property

Arlene Marion

F.C. Tucker Real Estate Experts License #RB14025505 Listed on: 08/31/2021

F.C. Tucker Real Estate Experts

Last Buyer's Agent

Candace Hester

Realty One Group Dream

Realty One Group Dream

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,950

Property Details

Property Type

Land

Est. Annual Taxes

$4,950

Listing Details

  • Property Type: Land
  • Type: Multiple
  • Property Sub Type: Commercial Land
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Public Transportation: 0
  • Directions: From North Vernon take Hwy 7 N, property on the left just past Taco Bell
  • New Construction: No
  • Road Frontage Type: HwyState, FrontageRd
  • Road Surface Type: Asphalt
  • Subdivision Name: NO SUBDIVISION
  • Special Features: None

Interior Features

  • Sq Ft Main Upper: 0
  • Possible Use: AutoDealer, CommSglTen

Exterior Features

  • Road Access: HwyState,Frontage Road
  • Water: Municipal Water on Site
  • Interstate: Ramp>5mi
  • Disclosures: Not Applicable
  • Other Structures: NoValue
  • Topography: Cleared,Level

Utilities

  • Solid Waste: 0
  • Sewer: Municipal Sewer On Site

Lot Info

  • Acres: 1-3 Acres
  • Lot Number: N/A
  • Lot Size: 22,651
  • Improvements: Street Lights,Paved Streets
  • Land Characteristics: City,Irregular Lot
  • Potential Zoning: Commercial
  • Present Zoning: Commercial
  • Divisible: 0
  • Gross Acres: 1.2010
  • Usable Acres: 1.2010
  • Current Use: AutoDealer
  • Development Status: Surveyed
  • Number Of Lots: 3
  • Zoning: Commercial

Tax Info

  • Semi Annual Property Tax Amt: 2475
  • Tax Exemption: None
  • Multiple Tax I D: See Agent Remarks
  • Tax Annual Amount: 4950
  • Tax Year: 2020

MLS Schools

  • School District: Jennings County Schools
  • Schools: Jennings County High,Jennings County Middle,North Vernon Elementary

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2024
Sold by
Bought by
Current Estimated Value
$367,351

Purchase Details

Listed on
Aug 31, 2021
Closed on
Nov 2, 2021
Sold by
Bought by
Seller's Agent
Arlene Marion
F.C. Tucker Real Estate Experts
Buyer's Agent
Candace Hester
Realty One Group Dream
List Price
$359,900
Sold Price
$325,000
Premium/Discount to List
-$34,900
-9.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.45%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$337,500 North Vernon Abstract Company,
$325,000 North Vernon Abstract Company
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/02/2021 11/02/21 Sold $325,000 -9.7% --
10/22/2021 10/22/21 Pending -- -- --
08/31/2021 08/31/21 For Sale $359,900 -- --
Source: MIBOR Broker Listing Cooperative®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,357 $111,900 $84,700 $27,200
2024 $3,309 $110,600 $84,700 $25,900
2023 $3,309 $110,300 $84,700 $25,600
2022 $3,303 $110,100 $84,700 $25,400
2021 $3,234 $107,800 $84,700 $23,100
2020 $3,234 $107,800 $84,700 $23,100
2019 $3,234 $107,800 $84,700 $23,100
2018 $3,234 $107,800 $84,700 $23,100
2017 $3,207 $107,700 $84,700 $23,000
2016 $3,156 $107,800 $84,700 $23,100
2014 $3,038 $106,300 $84,700 $21,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21810468

MIBOR Broker Listing Cooperative®

APN: 40-09-28-300-061.001-004

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