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    3 N State St North Vernon, IN 47265

    For Sale
    $1,900,000

    Unimproved Land - North Vernon, IN

    Type:Unimproved Land
    Lot size:
    27.80 Acres
    Days on Market:
    152
    Last Refresh:
    Dec 13 at 10:06 am

    Property Features for 3 N State St

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    Zoning
    Agricultural
    APN
    400921300032000004
    Lot size
    27.80 Acres

    Building Details

    Architectural style
    Other

    eXp Realty (888) 611-3912 [email protected]

    Listing agent Mark Huelson (317) 524-0241 License #RB23001697

    Listing date Jul 15, 2025

    MLS# 22050714 Listing URL

    Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    27.8 Acres Prime Land

    This property features 27.8+ acres of land. It is located off Highway 3 & 50 Bypass in North Vernon, Indiana. The property is zoned for agricultural use and is currently unimproved.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Vernon
    County
    Jennings
    State
    Indiana
    Longitude
    -85.636148
    Latitude
    39.015789

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    FAQs

    What type of property is this?
    Land - 27.8+ acres of prime property off Highway 3 & 50 Bypass.
    Where is this land located?
    The property is located at 3 N State St North Vernon, IN.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: - 27.8+ acres of prime property; - Located off Highway 3; - Located off Highway 50 Bypass
    (317) 524-0241
    Request Owner's contact information
    3 N State St North Vernon, IN 47265
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    North Vernon, IN 47265
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3 N State St North Vernon, IN 47265
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