0 N State Hwy 7

North Vernon, IN 47265

$750,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Commercial Development Opportunity! This 12.7 Ac land is located at a stop-light intersection of two State Highways (7 and 50). The property has been rezoned to a planned-unit development(PUD) Mixed Use. This zoning category allows for a variety of commercial businesses and/or large multi-family developments. The property has already been surveyed, an environmental phase 1 is on file and sewer is on site as well. Sellers have begun clearing the woods to prepare for development. This is a very high...Commercial Development Opportunity! This 12.7 Ac land is located at a stop-light intersection of two State Highways (7 and 50). The property has been rezoned to a planned-unit development(PUD) Mixed Use. This zoning category allows for a variety of commercial businesses and/or large multi-family developments. The property has already been surveyed, an environmental phase 1 is on file and sewer is on site as well. Sellers have begun clearing the woods to prepare for development. This is a very high traffic location (more than 14,000 cars per day - INDOT 2022), approx. 15 mins. to I-65 and 20 mins. to Columbus. There are many opportunities for this site. Come be a part of the growth and development of North Vernon!
  1. Listed by Tyler Stock • Coldwell Banker Martin Miller • tylerastock@gmail.com

Property Details for 0 N State Hwy 7

Subdivision Name
No Subdivision
Township
Center
Waterfront
No
Zoning
PUD - Mixed Use

Location

Listing Courtesy of Coldwell Banker Martin Miller
Add your commute
LISTING UPDATED: 02/12/2024 01:05 PM

Property Details for 0 N State Hwy 7

StatusActive
MLS #21932617
Days on Market221
Taxes$168 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeOther
MLS TypeLand / Commercial Land
Year Built-
Lot Size12.70 AC / 553,212 SF
CountyJennings County

Location

Listing Courtesy of Coldwell Banker Martin Miller
Add your commute

Building Information for 0 N State Hwy 7

Stories-Residences-Year Built-Lot Size12.70 AC / 553,212 SF

Payment Calculator

$4,121 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,093

Property Taxes

$28

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 0 N State Hwy 7

Summary
Location and General Information
  • City: North Vernon
  • County Or Parish: Jennings
  • Directions: Take Hwy 7, property is located on North side of North Vernon at the intersection of State Hwy 50 and State Hwy 7.
  • Postal Code: 47265
  • Road Access: See Remarks
  • Road Frontage Type: Highway, State Road
  • State Or Province: IN
  • Topography: Cleared,Sloping,Wooded
  • Traffic Count: 14791
  • Traffic Year: 2022
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 400929100016000004
  • Semi Annual Property Tax Amt: 168
  • Tax Exemption: None
  • Tax Year: 2023
  • Additional Parcels Description: PT NWQ 28-7-8 2.54 Ac
  • TaxLot: 400929100016000004
School Information
  • High School: Jennings County High School
  • Middle Or Junior School: Jennings County Middle School
  • School District: Jennings County School Corporation
Property
Lot Information
  • Acreage: 10-20 Acres
  • Land Characteristics: City,Rectangle,Wooded
  • Lot Size Square Feet: 212703.0
  • Lot Size Acres: 12.7
  • New Construction: False
  • Other Structures: No Building
  • Soil Type: Clay,Loam
Property and Assessments
  • Affected by Disclosures: No
  • Development Status: Plat Designed, Surveyed
  • Divisible: Yes
  • Inspection Warranties: Environment
  • Legal Subdivision: PT NEQ 29-7-8 10.16 Ac and PT NWQ 28-7-8 2.54 Ac
  • Photos Count: 8
  • Present Zoning: Planned Development
  • Property Sub Type: Commercial Land
  • Property Type: Land
  • Road Surface Type: Asphalt
  • Type: Undeveloped
  • Transaction Type: Sale
Utilities
  • Facilities Near: Electric,Water
  • Facilities On: Sewer
  • Sewer: Municipal Sewer On Site
  • Solid Waste: No
  • Water: Municipal Water Near By

Property History for 0 N State Hwy 7

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 0 N State Hwy 7

This home is within Jennings County Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
North Vernon Elementary School
PublicPK to 6

Jennings County Middle School
Public7 to 8

Jennings County High School
Public9 to 12

St Mary Elementary School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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0 N State Hwy 7 is for sale in North Vernon, IN 47265. This property was listed for sale on July 13, 2023 by Coldwell Banker Martin Miller, it's currently listed at $750,000. It has been on the market for a total of 221 days and was last sold on November 24, 2021. This listing's school district is Jennings County Schools. Nearby schools include North Vernon Elementary School, Jennings County Middle School and Jennings County High School. 0 N State Hwy 7 is a 0-bed, 0-bath, .

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Martin Miller

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.