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Duplex with New Windows
For Sale
$99,900

85 E 91 State Highway 3, Vernon, IN 47282

Residential Income, Vernon, IN

Property Size3,630 SF
Lot Size0.25 Acres
Price / SF$27.52
Days on Market548

Property Features for 85 E 91 State Highway 3

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 2, Bedroom 1, Bedroom 4, Bedroom 3, Bedroom 5, Bathroom 3, Bathroom 2, Bathroom 1
Subdivision No Subdivision
Elementary school district Jennings County School Corporation
Middle school district Jennings County School Corporation
High school district Jennings County School Corporation
Directions GPS Friendly
Standard status Active
APN 401211220023000013
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Vernon W 1/2 43; E 1/2 43; Pt 44
Tax Annual Amount 1120
Legal Description Vernon W 1/2 43; E 1/2 43; Pt 44

Building Details

Year built 1840
Floors in Building 2
Number of units 2
Roof type Metal
Listing Agency: RE/MAX Real Estate Prof · RE/MAX International
Listed By: Brigette Nolting
Added: Apr 25, 2025 Changed: Oct 20 Last Checked: Oct 24 at 6:06AM
MLS# 22034989

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

The 3,630-square-foot building is configured as a duplex on a 0.25-acre parcel. Both units were taken down to the studs and made structurally sound, and new windows were installed throughout. The building has a metal roof.

Key Highlights

  • 3,630‑square‑foot duplex
  • Both units taken to the studs and made structurally sound
  • New windows throughout

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

76
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences were taken to the studs and made structurally sound.
Where is this duplex located?
The property is located at 85 E 91 State Highway 3 Vernon, IN.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: 3,630‑square‑foot duplex; Both units taken to the studs and made structurally sound; New windows throughout
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