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  • $799,500

    2585 N State Highway 3, North Vernon, IN 47265

    --beds
    --baths
    13.43Acres
    Unimproved Land
    Built in ----
    13.43 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    High-traffic high-demand corridor
    **Prime Development Opportunity on State Highway 3** Rarely does a property with this level of visibility, acreage, and flexibility come available. This offering includes **two parcels totaling 13.431 acres** with **extensive frontage on State Highway 3**, positioning it perfectly for future growth and maximum exposure. The property features a **3-bedroom, 2-bath home** with a **2-car garage**, ideal for immediate residential use, rental income, or as an on-site office during development. A **small outbuilding has been used as a shop** adds functional value for storage, operations, or workspace. Located just minutes from **Walmart** and the **Lowe's Distribution Center**, this site sits in a high-traffic, high-demand corridor surrounded by established retail, employment centers, and ongoing growth. The large acreage and highway frontage make it well-suited for **housing development, retail, commercial, or mixed-use projects**. Whether you're an investor, developer, or owner-user looking for a strategic location with built-in flexibility, this property checks all the boxes: location, visibility, size, and opportunity. Properties with this combination of features don't come along often-this one is ready for vision and momentum.
    194 days
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    20
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    1
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    Zillow last checked:

    Listing updated:

    Listed by:

    Greg Simo 812-376-9433,

    Weichert, REALTORS®

    Source: MIBOR as distributed by MLS GRID,MLS#: 22079455MLS Logo

      Facts & features

      Property

      Lot
      • Size: 13.43 Acres
      • Features: Irregular Lot
      • Topography: Pasture,Varied
      Details
      • Additional structures: Shed(s), Tenant House, Utility Buildings(s)
      • Additional parcels included: 400928200014.000004
      • Parcel number: 400928240016000004
      • Zoning: Family Dwell/Vacant Land
      • Zoning description: Other
      • Horse amenities: None

      Utilities & green energy

      • Sewer: Other
      • Water: Other

      Community & HOA

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

      Financial & listing details

      • Tax assessed value: $177,000
      • Annual tax amount: $4,098
      • Date on market: 1/10/2026
      • Cumulative days on market: 196 days
      • Listing terms: Other
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        1/10/2026Listed for sale$799,500
        Source: MIBOR as distributed by MLS GRID #22079455 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,049 +3.1%$177,000 -3.8%
        2024$1,988 -2.8%$183,900 +4.7%
        2023$2,045 +8.3%$175,600 -3.3%
        2022$1,888 +1.3%$181,500 +8.3%
        2021$1,864 +5.1%$167,600 +1.5%
        2020$1,773 +5.2%$165,200 +5.7%
        2019$1,686 $156,300 +5.9%
        2018-- $147,600 +1.7%
        2017$1,590 +13.6%$145,200
        2016$1,400 $145,200
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        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

        36 / 100
        Car-Dependent
        33 / 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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