Pending

2330 N State Highway 3

North Vernon, IN 47265
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Bed 2

Bed

Bath 1

Bath

SqFt880

Sqft

Acres5.46

Acres(Lot)

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 continue s 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.

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Detail Ic Property Details

Property Type : Residential

Price : $1,600,000

AD Id : 75581952

MLS Id : MBR22017049

Beds : 2

Lot Size : 5.46 Acres

Living Area Size : 880

Year Built : 1908

Garage : 1

County : Jennings

Subdivision: North Vernon

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Feature Features

  • Bedroom Information

    Total Bedroom: 2

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Room Information

    Rooms Total: 3

    Interior Features

    Wood Work Painted Appliances: None
  • Flooring Information

    Construction Materials: Wood Siding
  • Heating & Cooling

    Heating: Forced Air Cooling: Central Air WaterSource: Public

  • Building Information

    Year Built: 1908

  • Lot Information

    Lot Square Feet: 129635 Lot Acres: 5.46

    Property Information

    Property Type: Residential Sub Type: Single Family Residence Style: Traditional

  • Listing Price Information

    Original List Price:$1600000

  • Tax Information

    Tax Lot: / Tax Legal Description: Pt N 1/2 Seq 28 7 8 2.976,PT SW 1/4 SEQ 28-7-8 1.497AC PT SW 1/4 SEQ 28-7-8 1AC Tax Year: 2023 Parcel Number: 400928400079000004

  • Parking Information

    Detached

    Garage Information

    Has Garage: Yes Garage Space: 1 Garage SQFT: 1536

  • School Information

    Junior High School: Jennings County Middle School Senior High School: Jennings County High School
  • Utility Information

    Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected Water Source: Public
  • Location Information

    Subdivision: North Vernon City: North Vernon Direction: GPS Friendly
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
6430 E Private Rd 800, North Vernon, IN, 47265 $429,900 7 3 3,840 3,840 SqFt
4210 S County Road 400, North Vernon, IN, 47265 $625,000 3 3 3,132 3,132 SqFt
3570 E County Road 20, North Vernon, IN, 47265 $525,000 1 2 2,235 2,235 SqFt
3370 N County Road 300, North Vernon, IN, 47265 $425,000 3 2 1,500 1,500 SqFt
3895 S State Highway 7, North Vernon, IN, 47265 $415,000 3 2 1,792 1,792 SqFt
2410 S State Highway 7, North Vernon, IN, 47265 $289,000 3 2 1,568 1,568 SqFt
1720 E Lois Lane, North Vernon, IN, 47265 $124,900 3 2 1,008 1,008 SqFt
1405 E County Road 100, North Vernon, IN, 47265 $399,900 3 3 3,188 3,188 SqFt
845 S Bay Hill, North Vernon, IN, 47265 $459,900 3 2 2,110 2,110 SqFt
765 S Cedar Keys, North Vernon, IN, 47265 $384,900 4 3 2,630 2,630 SqFt
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ByOwner last updated this listing 06/12/2026 @ 18:20

MLS: MIBOR #22017049 LISTED BY: Daniel Smith, F.C. Tucker Real Estate Experts 812-418-8522 SOURCE: MIBOR REALTOR® Association (Listings courtesy of MIBOR REALTOR® Association as distributed by MLS GRID)

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