Historic Multi-Story Office
For Sale
$199,900
5 N Pike St, Vernon, IN 47282
Three-story masonry building in the Vernon Historic District, with recent roof, window, and foundation repairs.
Property SizeContact for details
Days on Market547
Property Features for 5 N Pike St
General Information
Standard status
Active
Building Details
Year Built
1860
Stories
3
Listing Agency:
F.C. Tucker Real Estate Experts
(812) 418-8522
Listed By:
Daniel Smith
(812) 592-5441
Source:
Exprealty
Added: Mar 10, 2025
Changed: Sep 4
Last Checked: Sep 6 at 1:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of F.C. Tucker Real Estate Experts
Investment Insights
Based on property information with market context.
This three-story masonry building is a contributing structure in the Vernon Historic District, listed on the National Register of Historic Places. The property is associated with the “Odd Fellows Building,” also referred to as Mt. Ida Lodge # 73. Rehabilitation eligibility includes the Federal 20% Rehabilitation Tax Credit, and the deed is subject to preservation covenants requiring approval by Indiana Landmarks for exterior changes and interior rehab. Interior woodwork around doors and windows at the second and third stories is required to be retained in rehabilitation.
Recent rehabilitation work completed under Indiana Landmarks includes selective masonry repointing with significant parapet-level work, installation of a new dimensional shingle roof and guttering, and rebuilding and painting of the side cornice with custom fabricated corbels. The project also included new authentic custom wooden window sashes at the 3rd-floor level with salvage antique window locks, some new window sashes on the second floor, and significant interior clean-up. Additional improvements include rebuilding the 1st-floor wooden floor system for the south side storefront space, repointed foundation stones, poured concrete foundation with perimeter drain and sum pump pit, and a new second-floor floor system at the NE corner.
Recent rehabilitation work completed under Indiana Landmarks includes selective masonry repointing with significant parapet-level work, installation of a new dimensional shingle roof and guttering, and rebuilding and painting of the side cornice with custom fabricated corbels. The project also included new authentic custom wooden window sashes at the 3rd-floor level with salvage antique window locks, some new window sashes on the second floor, and significant interior clean-up. Additional improvements include rebuilding the 1st-floor wooden floor system for the south side storefront space, repointed foundation stones, poured concrete foundation with perimeter drain and sum pump pit, and a new second-floor floor system at the NE corner.
Key Highlights
- Three‑story masonry building in the Vernon Historic District, listed on the National Register of Historic Places
- Eligibility for the Federal 20% Rehabilitation Tax Credit; preservation covenants require Indiana Landmarks approval for exterior changes and interior rehab
- Recent improvements include new dimensional shingle roof and guttering, plus selective masonry repointing (significant work at parapet level)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
76
Businesses Nearby
Explore this area
Business Placement
Demographics for 47282, IN
236
Population
127
Households
1.9
Avg Household Size
47
Median Age
22%
College-Educated
92%
High-School Grad
0.2 sq mi
ZIP Area
1,180
Density / Sq Mi
$67,188
Median Household Income
$45,962
Median Earnings
$688
Median Rent
$82,500
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Three-story masonry building in the Vernon Historic District, with recent roof, window, and foundation repairs.
Where is this office building located?
The property is located at 5 N Pike St Vernon, IN.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Three‑story masonry building in the Vernon Historic District, listed on the National Register of Historic Places; Eligibility for the Federal 20% Rehabilitation Tax Credit; preservation covenants require Indiana Landmarks approval for exterior changes and interior rehab; Recent improvements include new dimensional shingle roof and guttering, plus selective masonry repointing (significant work at parapet level)
