Homes for sale - 2330 N State Highway 3, North Vernon, IN 47265

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Valerie Sullivan

val@valyourgal.com +1(317) 697-1219

Listed by Daniel Smith • F.C. Tucker Real Estate Experts

$ 1,600,000

Est. payment | -/mo

2 Beds

1 Bath

880 SqFt

Save

$ 1,600,000

Est. payment | -/mo

Save

2 Beds

1 Bath

880 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 880 sqft

Price per Sqft $1,818

Subdivision North Vernon

MLS Listing ID 22017049

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1908

Tax Year 2023

Lot Size 5.460 Acres

Acres 5.46

Property Description

Rare 5.46 Acre Development Opportunity- Prime Commercial Location near Walmart. This exceptional 5.46 acre property is on the market for the first time in over 44 years! This also includes property 2240 N State Hwy 3 North Vernon,IN 47265. Ideally located between Walmart and other major supercenters, this high traffic area offers potential for commercial development. Currently zoned residential (Easily Convertible to Commercial). With its prime location and heavy vehicle and foot traffic, the property is a perfect opportunity for investors or businesses. With direct access from State Highway 3, It is located less than 1 mile from the multi-million-dollar Highway 50 bypass completed in 2017, which provides connectivity to surrounding regions. Community Growth: * Economic Expansion: North Vernon has recently secured $30 million in READI funding, earmarked for projects that enhance quality of life and attract new businesses. Residential Development: * North Vernon broke ground on Heritage Estates, a $35+ million housing project adding over 111 units within 2.5 miles of property. Development Potential: * Versatile Use, Ideal for grocery chains, retail outlets, or large scale commercial enterprises. * Infrastructure Ready, Proximity to essential utilities and direct access from State Highway 3 facilitate swift development. Recent growth in North Vernon, including new housing developments and revitalized downtown investments, makes this a can't miss opportunity!

Location

State IN

County Jennings

Rooms

Main Level Bedrooms 2

Interior

Interior Features Wood Work Painted

Heating Forced Air

Cooling Central Electric

Fireplace Y

Appliance None

Exterior

Garage Spaces 1.0

Utilities Available Electricity Connected, Gas Nearby, Sewer Connected, Water Connected

Building

Story One

Foundation Block

Water Municipal/City

Architectural Style TraditonalAmerican

Structure Type Wood

New Construction false

Schools

Middle Schools Jennings County Middle School

High Schools Jennings County High School

School District Jennings County School Corporation

GET MORE INFORMATION

Valerie Sullivan

REALTOR®

val@valyourgal.com

+1(317) 697-1219

2330 N State Highway 3 North Vernon, IN 47265

Valerie Sullivan

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

2330 N State Highway 3