For Sale643d on market
0 N State Highway 7
North Vernon, IN, 47265 • 47265 • Jennings County
$750,000
12.7 acLot
Property DNA
No Subdivision
47265
Market activity
Demand and pricing signals for this listing
21 views
People checking out this listing
1 saves
Buyers have saved this home
643 days on market
Established listing
About this home
Lot
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!
Estimated monthly payment
Based on current rates
$4,892/month
Principal & Interest$3,892
Property Tax$750
Insurance$250
Down payment20% ($150,000)
3%50%
Est. 6.75% rate · 30yr fixed · $600,000 loan
Full calculator →At a glance
Key facts and listing details
Property
Home typeLot
Sub-typeUnimproved Land
Systems
Water / SewerMunicipal Water Near By
Parking & Outdoor
Lot12.70 Acres
Location & Tax
Neighborhood47265
ZoningPUD - Mixed Use
Annual tax$336
Parcel401013100005001006
Features & details
2 categories of property features
Exterior Features
Lot Features
City
Rectangle
Wooded
Other Structures
None
Listing insights
Market data and value estimates
StatusFor Sale
Days on market643
Tax rate0.58%
On marketJul 10, 2024
PostedJul 10, 2024
Last sold$367,515
MLS statusActive
MLS updatedJan 15, 2026
Tour days6
Views21
Favorites1
How are the schools in North Vernon?
3 schools rated nearby
Location
North Vernon, IN, 47265
Price history
4 events
DateEventPrice$/sqftSource
Jul 9, 2025Listed For Sale$750,000—MIBOR as distributed by MLS GRID
Nov 24, 2021Sold$367,515—MIBOR as distributed by MLS GRID
Nov 9, 2021Pending Sale$395,000—MIBOR as distributed by MLS GRID
Oct 7, 2021Listed For Sale$395,000—MIBOR as distributed by MLS GRID
Listed For Sale$750,000
Jul 9, 2025•MIBOR as distributed by MLS GRID
Sold$367,515
Nov 24, 2021•MIBOR as distributed by MLS GRID
Pending Sale$395,000
Nov 9, 2021•MIBOR as distributed by MLS GRID
Listed For Sale$395,000
Oct 7, 2021•MIBOR as distributed by MLS GRID
Nearby homes
Neighborhood details
Local context around this listing
North Vernon, IN • Jennings County
Nearby neighborhoods
Grayford
Nearby cities
ButlervilleCommiskeyNorth VernonParis CrossingScipioVernon
Nearby zip codes
4724547265
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-14 19:23:04 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
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