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0 N State Highway 7

North Vernon, IN 47265

ActiveListed May 29, 2026 · 1 day on market

Key facts

Lot
2.002 acres
Type
Land · Unimproved Land
MLS #
22105047
County
Jennings
Subdivision
No Subdivision

About this home

New Commercial Development. This 12+ ac property is being subdivided into 4 commercial lots. Lot 1 has road frontage along Hwy 7. Lot 1 is 2.002 Acres. Plat has been approved by the Jennings County Planning and Zoning Comm. Property is zoned Commercial Planned Unit Development (PUD). Sellers have a survey and Phase I Environmental Study completed as well. The development has sewer on the property. Water and electric are near by. The property sits at the intersection of Highway 7 and Highway 50 providing high traffic counts. Tremendous business opportunity.

Description provided by the listing brokerage.

Exterior

Other structures
Not Applicable

Systems

Sewer
Public Sewer

Lot and HOA

Zoning
Planned Unit Development

Schools

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

Taxes

Estimated annual tax
$728 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$3,268per month, estimated
Principal and interest $2,999Property tax $61Insurance $208
20% · $119,000
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$595,000
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