DEVELOPMENT OPPORTUNITY on State Highway 7/State St in North Vernon. This approx. 1.3 acres of land is located in the heart of the city. It has more than 400 feet of road frontage along State Highway 7 and two access streets boarders the property on each side along with an alley in the back. The property has all utilities including water, sewer, natural gas and electric. This is prime real estate for development with lots of commercial and residential options. The property could be anything from townhomes to retail. There is a lot of growth and development happening along this stretch of road in North Vernon including WAWA, Duncan Donuts, Dominos and Subway. This is a rare find and opportunity.
Active
$749,000
419 N State St, North Vernon, IN 47265
--beds
--baths
1.31Acres
Unimproved Land, Residential Lots
Built in ----
1.31 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 42 days |
- 32 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Tyler Stock 812-592-3402,
Coldwell Banker Martin Miller Lamb
Source: MIBOR as distributed by MLS GRID,MLS#: 22106671
Facts & features
Property
Features
- Has view: Yes
- View description: City
Lot
- Size: 1.31 Acres
- Features: City Lot, Curbs, Sidewalks, City, Rectangle
- Topography: Level
Details
- Additional parcels included: F&C Sec. 2 Lots 10, 9, 8, 7, 6, PT 4, and PT 3
- Parcel number: 400933140059000004
- Zoning: Commercial and R2
- Zoning description: Commercial,Multi-Fam
- Horse amenities: None
Utilities & green energy
- Water: Public, Municipal Water on Site
Community & HOA
Community
- Subdivision: No Subdivision
Location
- Region: North Vernon
Financial & listing details
- Tax assessed value: $10,800
- Annual tax amount: $7,844
- Date on market: 6/10/2026
- Cumulative days on market: 43 days
- Listing terms: Will Divide
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Listed for sale | $749,000+649% |
Source:  MIBOR as distributed by MLS GRID #22106671 Report a problem | ||
| 8/25/2013 | Listing removed | $100,000 |
Source: Coldwell Banker Martin, Miller, Lamb Real Estate #cb2920 Report a problem | ||
| 11/16/2012 | Listed for sale | $100,000 |
Source: Coldwell Banker Martin, Miller, Lamb Real Estate #cb2920 Report a problem | ||
| 4/13/2012 | Listing removed | $100,000 |
Source: CB Martin, Miller, Lamb #cb2920 Report a problem | ||
| 2/5/2012 | Listed for sale | $100,000 |
Source: CB Martin, Miller, Lamb #cb2920 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $216 | $10,800 |
| 2024 | $216 | $10,800 |
| 2023 | $216 | $10,800 |
| 2022 | $216 | $10,800 |
| 2021 | $216 -75.4% | $10,800 |
| 2020 | $878 | $10,800 -75.4% |
| 2019 | $878 +0.5% | $43,900 |
| 2018 | $874 | $43,900 +0.5% |
| 2017 | $874 +2.1% | $43,700 |
| 2016 | $856 | $43,700 +2.1% |
| 2014 | $856 | $42,800 |
| 2013 | $856 +2.1% | $42,800 +2.1% |
| 2012 | $838 -17.8% | $41,900 -17.8% |
| 2011 | $1,020 +3.9% | $51,000 +3.9% |
| 2010 | $982 -1.6% | $49,100 -1.6% |
| 2009 | $998 -22.9% | $49,900 |
| 2007 | $1,295 +1.4% | $49,900 +2% |
| 2006 | $1,278 | $48,900 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 47265
Nearby schools
GreatSchools rating
- 6/10North Vernon Elementary SchoolGrades: PK-6Distance: 1.1 mi
- 4/10Jennings County Middle SchoolGrades: 7-8Distance: 1.1 mi
- 3/10Jennings County High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: North Vernon Elementary School
- 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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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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