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419 N State Street

North Vernon, IN 47265

ActiveListed Jun 8, 2026 · 4 days on market

Key facts

Lot
1.31 acres
Type
Land · Residential Lots
MLS #
22106671
County
Jennings
Subdivision
No Subdivision

About this home

DEVELOPMENT OPPORTUNITY on State Highway 7/State St in North Vernon. This approx. 1.3 acres of land is located in the heart of the city. It has more than 400 feet of road frontage along State Highway 7 and two access streets boarders the property on each side along with an alley in the back. The property has all utilities including water, sewer, natural gas and electric. This is prime real estate for development with lots of commercial and residential options. The property could be anything from townhomes to retail. There is a lot of growth and development happening along this stretch of road in North Vernon including WAWA, Duncan Donuts, Dominos and Subway. This is a rare find and opportunity.

Description provided by the listing brokerage.

Exterior

View
City
Other structures
No Value

Systems

Water
Public
Sewer
Public Sewer

Lot and HOA

Lot features
City LotCurbsSidewalks
Zoning
Commercial and R2

Schools

Elementary school
North Vernon Elementary School
Middle school
Jennings County Middle School
High school
Jennings County High School
School district
Jennings County School Corporation

Taxes

Estimated annual tax
$7,844 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$4,691per month, estimated
Principal and interest $3,776Property tax $654Insurance $262
20% · $149,800
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$749,000
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