New - 4 days on Rocket
$3,325 Closing Credit¹
#22020278, Morgan Abel, Listing Office: Abel Realty LLC
$10,000
closing credit¹
2330 N State Highway 3 North Vernon, IN 47265
$1,600,000 List price
$10,000
Closing credit¹
2 beds
1 full
880 sqft
5.5 acres
$1,818 / sqft
House
Property details
About 2330 N State Highway 3
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!
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size880 sqft
Lot size5.46 Acres
Year built1908
MLS #22017049
Summary
- MLS Number: 22017049
- MLS Name: MIBOR
- Office Name: F.C. Tucker Real Estate Experts
- Office Email: daniel.smith@talktotucker.com
- Listing Agent: Daniel Smith
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
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Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Last updated on: 2/5/2025, 10:16:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,600,000
2330 N State Highway 3
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $262,400 | $3,767 |
| 2022 | $243,700 | $2,785 |
| 2021 | $221,700 | $4,524 |
| 2020 | $218,600 | $4,287 |
| 2019 | $207,100 | $4,215 |
| 2017 | $201,800 | $4,173 |
History based on county public records data.
Nearby schools
5
North Vernon Elementary School
Public District PK-6
1.7 mi
•810 W Walnut St
6
Sand Creek Elementary School
Public District PK-6
2.8 mi
•1450 W County Road 500 N
6
Scipio Elementary School
Public District KG-6
5.7 mi
•6320 N State Highway 7
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $35,938. Typical income of North Vernon, IN residents is less than $<35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
49%
<35k
39%
35k-100k
10%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
53%
Single, No Kids
13%
Single, with Kids
20%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
9%
12-17 yrs old
17%
18-34 yrs old
36%
35-64 yrs old
22%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
Extreme Sports
Pro Wrestling
Where do the neighbors shop?
Kmart
Academy Sports & Outdoors
Wal-Mart
Where do the neighbors go to eat?
Bob Evans
Little Caesars
Sonic
What do the neighbors drive?
Buick
Chevrolet
Oldsmobile
What do the neighbors listen to?
Oldies
Country- Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
About 2330 N State Highway 3
This home is located at 2330 N State Highway 3 in North Vernon, IN and zip code 47265. This 880 square foot home, which was built in 1908, sits on a 5.46 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since January 7, 2025 and is currently priced at $1,600,000.
North Vernon, IN housing market in January 2025 saw over 0 listings sold above listed price, more than 6 sold at listed price and over 4 sold below. The number of homes for sale in North Vernon, IN decreased by 1.8% between December and January 2025. In January 2025 median list price was $199,000 and the average listing age was 32 days.
From Rocket Homes Real Estate and based on county public records data.