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Pending
  • $1,600,000

    2330 N State Highway 3, North Vernon, IN 47265

    2beds
    880sqft
    : 
    $9,644/mo
    Get pre-qualified
    Residential, Single Family Residence
    Built in 1908
    5.46 Acres Lot
    $-- Zestimate®
    $1,818/sqft
    $-- HOA

    What's special

    High traffic areaPrime commercial location
    Rare 6.019 Acre Development Opportunity in one of North Vernon's most strategic commercial corridors. Offered for the first time in over 44 years, this property includes 2240 N State Hwy 3 and sits directly between Walmart and other established national retailers, placing it in a proven high-traffic location with excellent visibility and strong daily vehicle count. Currently zoned residential with strong potential for commercial conversion, this site offers flexibility for investors, developers, and businesses looking to capitalize on continued growth in the area. Direct access from State Highway 3 and less than one mile from the Highway 50 bypass (completed in 2017) provides outstanding regional connectivity and ease of access for customers, employees, and suppliers. North Vernon continues to show forward momentum. The city has secured $30 million in READI funding focused on economic expansion and quality-of-life improvements designed to attract new employers and commercial investment. In addition, the $10+/- million Heritage Estates development is underway within approximately 2.5 miles, adding over 111 residential units and increasing nearby consumer density. Surrounded by big-box anchors, expanding housing developments, and ongoing downtown revitalization, this location is well-positioned for grocery, retail, restaurant, medical, or large-scale commercial use. Utilities are nearby, and the combination of size, access, and location makes this a rare opportunity in a market where tracts of this scale in prime corridors seldom become available. Opportunities like this are limited in Jennings County.
    562 days
    |
    7
    |
    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Daniel Smith 812-592-5441,

    F.C. Tucker Real Estate Experts,

    Jessica Risacher

    Source: MIBOR as distributed by MLS GRID,MLS#: 22017049MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 2
      Primary bedroom
      • Features: Other
      • Level: Main
      • Area: 144 Square Feet
      • Dimensions: 12x12
      Bedroom 2
      • Features: Other
      • Level: Main
      • Area: 144 Square Feet
      • Dimensions: 12x12
      Living room
      • Features: Other
      • Level: Main
      • Area: 196 Square Feet
      • Dimensions: 14x14
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: None
      Features
      • Windows: Wood Work Painted
      • Has basement: No
      Interior area
      • Total structure area: 880
      • Total interior livable area: 880 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Detached
      • Garage spaces: 1
      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 5.46 Acres
      Details
      • Additional parcels included: PT SW 1/4 SEQ 2878 1.497AC PT SW 1/4 SEQ 2878 1AC
      • Parcel number: 400928400079000004
      • Horse amenities: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Residential, Single Family Residence
      Materials
      • Wood Siding
      • Foundation: Block
      Condition
      • New construction: No
      • Year built: 1908

      Utilities & green energy

      • Water: Public
      • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Subdivision: North Vernon
      HOA
      • Has HOA: No
      Location
      • Region: North Vernon

      Financial & listing details

      • Price per square foot: $1,818/sqft
      • Tax assessed value: $306,100
      • Annual tax amount: $3,768
      • Date on market: 1/7/2025
      • Cumulative days on market: 561 days
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        4/30/2026Pending sale$1,600,000$1,818/sqft
        Source: MIBOR as distributed by MLS GRID #22017049 Report a problem
        1/7/2025Listed for sale$1,600,000$1,818/sqft
        Source: MIBOR as distributed by MLS GRID #22017049 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,248 -13.8%$306,100 +2.5%
        2024$3,767 +35.3%$298,500 +13.8%
        2023$2,785 -39.4%$262,400 +7.7%
        2022$4,596 +1.6%$243,700 +9.9%
        2021$4,524 +5.5%$221,700 +1.4%
        2020$4,287 +1.7%$218,600 +5.6%
        2019$4,215 +1%$207,100 +1.7%
        2018$4,174 +0%$203,600 +0.9%
        2017$4,173 -3.3%$201,800 -0.1%
        2016$4,314 +0.2%$202,000 -3.4%
        2014$4,306 +44.4%$209,100
        2013$2,981 +1.8%$209,100 +0.7%
        2012$2,927 -4.6%$207,700 -5.5%
        2010$3,068 +1.5%$219,800 +1.6%
        2009$3,023 -9%$216,400 +4.8%
        2007$3,321 -15.1%$206,500 +0.5%
        2006$3,910 $205,500
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.

        Climate risks

        Neighborhood: 47265

        Getting around

        46 / 100
        Car-Dependent
        42 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Middle: Jennings County Middle School
        • High: Jennings County High School

        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.

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