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(SOLD) $545,000

412 Madison Ave Avenue North Vernon, IN  47265

Property Description for 412 Madison Ave Avenue North Vernon, IN 47265

Seize the opportunity to own a commercial building in front of the peaceful Tripton Park. The building is surrounded by walking paths, a disc golf course, a pond, and an amphitheater. The building presents nearly 11,000 square feet of space ready to be used. It has a large walk-out basement with beautiful views of what Tripton Park has to offer. In addition to the spacious basement, there are two restrooms upstairs, a private dining room, a primary dining room, a commercial kitchen, and an event center. The primary dining room has access to an outdoor seating deck, overlooking the Park. This space, which once housed a local restaurant, has endless possibilities and potential.

Address:412 Madison Ave Avenue North Vernon IN 47265
Status:Sold
Sold On: 5/31/2023
Price:$599,900
Bathrooms:0
Year Built:1972
Lot Size:1.18
County: Jennings
Township: Center
MLS #:21891480
Property Type:Retail
Buyer Broker Compensation: 2.0%
Any compensation may only be paid to a licensed real estate broker.

Lot Dimensions:51227
Zoning:Commercial
Building Utilities:Sewer, Water
Directions:Go south on Hwy 7 from the 50-7 junction, turn left on Vernon St, property is on the right

Loan Price
$3,374
Price And Interest $2,843/month
Property Tax $304/month
MTG INS $0/month
HOME INS $227/month
Price
$545,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$304/month
Home Owner Insurance
$2,724 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$1,824
Tax Year:2022
Financial Disclosures:Not Applicable
Other Disclosures:Sales Disclosure Not Required
Mandatory HOA Fee:$

Area: 4005 - Jennings - Center
Zip Code:47265

Jessica Risacher, REALTOR®/Broker, F. C. Tucker Company
Jessica Risacher
Additional Phone (812) 592-5875
F.C. Tucker Company

Schools in 412 Madison Ave Avenue North Vernon, IN  47265


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Listing provided courtesy of Chantz Morris with F.C. Tucker Real Estate Expert from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/31/2022 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.



North Vernon Market Report

74
Avg. DOM
$144.24
Avg. $ / Sq.Ft.
$ 296,400
Med. List Price

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