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Jen Richardson

jenrichardsonrealtor@gmail.com +1(812) 521-7361

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 Pending

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 Sub-Type Single Family Residence

Property Description

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 continues 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.

Location

State IN

County Jennings

Rooms

Main Level Bedrooms 2

Interior

Interior Features Wood Work Painted

Heating Forced Air

Cooling Central Air

Fireplace Y

Appliance None

Exterior

Garage Spaces 1.0

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

Building

Story One

Foundation Block

Water Public

Architectural Style Traditional

Structure Type Wood Siding

New Construction false

Schools

Middle Schools Jennings County Middle School

High Schools Jennings County High School

School District Jennings County School Corporation

Nearby Locations

"Finding the right home isn't just about the house, it's about the life you're going to build there.

I'm here to make sure you find it."

+1(812) 521-7361

jenrichardsonrealtor@gmail.com

905 E Tipton St, Seymour, IN, 47274, USA

2330 N State Highway 3 North Vernon, IN 47265

Jen Richardson

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Nearby Locations

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2330 N State Highway 3