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230 240 Hoosier Street

North Vernon, IN 47265

ActiveListed Aug 13, 2025 · 348 days on market

Key facts

Living area
11,306 sqft
Lot
0.17 acres
Year built
1971
Type
Commercial Sale · Multi Family
Stories
Three or more
MLS #
22057042
County
Jennings
Total building area
11,306 sqft

About this home

12 unit, 6 -2 bedroom, 6- 1 bedroom apartment building. For the investor and entrepreneur. Aside from the apartments there is a 2,150 sq. ft. building that has a small laundry room that could be expanded for public use or another business adventure. Asphalt parking lot all around plus small grassy area for outside enjoyment. All apartments have kitchen appliances, plus many updates within the last 3 years. Close to the post office, city park, and downtown for all the enjoyment you could ever want or need. As rents keep rising this could be an investment for you!

Description provided by the listing brokerage.

Systems

Utilities
Cable ConnectedElectricity ConnectedSewer ConnectedWater Connected

Lot and HOA

Zoning
R-MF Zoning

Schools

Middle school
Jennings County Middle School
High school
Jennings County High School
School district
Jennings County School Corporation

Taxes

Estimated annual tax
$6,290 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$4,459per month, estimated
Principal and interest $3,679Property tax $524Insurance $255
20% · $145,980
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$729,900
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