Prime Commercial Development Opportunity in North Vernon! Seize the chance to invest in this attractive undeveloped commercial lot located in one of North Vernon's most active and rapidly growing areas. With significant development underway nearby-including the large and popular Heritage Estates housing development-this property offers excellent potential for future growth and long-term value. Ideally situated near Jennings County High School, Jennings County Middle School, North Vernon Elementary School, and Columbus Christian School, the location benefits from consistent daily traffic and strong visibility. The high-volume exposure from school traffic and commuters traveling to and from Seymour, IN makes this site well-suited for a wide range of commercial uses. This versatile lot would be an excellent fit for food or beverage franchises, after-school or childcare facilities, multi-unit office space, medical or professional services, and more. All utilities are available on site, allowing for a smoother and more efficient development process. With endless possibilities and a strategic location in a high-traffic corridor, this is a rare opportunity to secure a prime commercial site in a thriving area. Don't miss out on this outstanding investment potential!
177 days
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Zillow last checked:
Listing updated:
Listed by:
Andrew Flora812-344-0246,
1 Percent Lists Indiana Real Estate
Source: MIBOR as distributed by MLS GRID,MLS#: 22080152
Facts & features
Property
Lot
Size: 0.88 Acres
Features: City, Corner
Topography: Level
Details
Additional parcels included: PT SWQ 3378 .18 AC
Parcel number: 401204200010001004
Zoning: Commercial Land
Zoning description: Commercial
Horse amenities: None
Utilities & green energy
Water: Municipal Water on Site
Community & HOA
Community
Subdivision: No Subdivision
Location
Region: North Vernon
Financial & listing details
Annual tax amount: $34
Date on market: 1/15/2026
Cumulative days on market: 93 days
Road surface type: Asphalt
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
6/20/2026
Price change
$174,900-41.7%
Source: MIBOR as distributed by MLS GRID #22096312Report a problem
6/18/2026
Price change
$299,900-14.3%
Source: MIBOR as distributed by MLS GRID #22080152Report a problem
6/14/2026
Price change
$350,000+75.1%
Source: MIBOR as distributed by MLS GRID #22080152Report a problem
4/18/2026
Price change
$199,900-42.9%
Source: MIBOR as distributed by MLS GRID #22096312Report a problem
3/19/2026
Pending sale
$350,000
Source: MIBOR as distributed by MLS GRID #22080152Report a problem
1/15/2026
Listed for sale
$350,000+12.9%
Source: MIBOR as distributed by MLS GRID #22080152Report a problem
1/14/2026
Listing removed
$309,900
Source: MIBOR as distributed by MLS GRID #22050857Report a problem
7/15/2025
Price change
$309,900-70.5%
Source: MIBOR as distributed by MLS GRID #22050857Report a problem
10/21/2022
Listed for sale
$1,050,000
Source: MIBOR as distributed by MLS GRID #21889151Report a problem
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Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.