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  • $1,600,000

    2330 N State Highway 3, North Vernon, IN 47265

    2beds
    880sqft
    : 
    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 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!
    153 days
    on Zillow
    |
    116
    |
    1
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    Zillow last checked: 7 hours ago

    Listing updated: January 07, 2025 at 02:39pm

    Listing Provided by:

    Daniel Smith daniel.smith@talktotucker.com,

    F.C. Tucker Real Estate Experts

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

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 2330 N State Highway 3.

    Next available tour time:Today at 11am

    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
    • Foundation: Block
    Condition
    • New construction: No
    • Year built: 1908

    Utilities & green energy

    • Water: Municipal/City
    • 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: $298,500
    • Annual tax amount: $3,768
    • Date on market: 1/7/2025
    • Electric utility on property: Yes
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