350 Long Street North Vernon, IN $ 1,400,000
350 Long Street
$ 1,400,000
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350 Long Street

North Vernon, IN, 47265
$ 1,400,000
Bedrooms-- Baths-- Sq 11,676

Monthly Estimate*

$ 8,620

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Commercial Property for sale in North Vernon, IN

for $1,400,000. This 11,676 square foot building was built in 1968 on a lot size of 0.674.

Ellsbury Commercial Group is pleased to present Sycamore Manor, a 16-unit apartment community ideally situated in the heart of North Vernon, Indiana-affectionately known as "The Gem of the Midwest." Tucked within an established residential neighborhood, Sycamore Manor offers a serene, tree-lined setting that backs directly onto the walking path connecting the local elementary, middle, and high schools. This unique positioning creates a seamless blend of community accessibility and peaceful living-an appealing combination for families and long-term tenants alike. Sycamore Manor benefits from its strategic location in Jennings County, which is supported by a strong and diverse industrial base. Major employers in the area include Lowe's Distribution Center, Martinrea International, and Hilex Poly, a division of Novolex. The local economy is further bolstered by a network of small to mid-sized advanced manufacturers-particularly in tool & die and automotive components-such as Decatur Mold, American Axle & Manufacturing Inc., and Decatur Plastic Products. This mix of large-scale employers and specialized manufacturers contributes to consistent demand for workforce housing, positioning Sycamore Manor as a compelling investment opportunity within a stable and growing economic environment.

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Commercial Active

Price

$ 1,400,000

Property Type

Commercial

Taxes

$ 5,920

Style

Multi-Family 5+

Lot Size

0.674

Year Built

1968

Town/City

North Vernon

County/Region

Jennings

MLS | Web ID

22052250

Features
General
Heating Electric Baseboard
Cooling Window Unit(s) Wall Unit(s)
Utilities Electricity Connected Sewer Connected Water Connected
Possession Closing Negotiable Subject to Tenant Rights
Roof Asphalt
Zoning Multifamily
Construction Materials Brick
Year Built 1968
Electric 100 Amp Service 150 Amp Service 200+ Amp Service
Tenant Pays Rent Only
Township Center
Levels Three Or More
Property Subtype Multi-Family 5+
Tax Year 2024
Building Name Sycamore Manor
County Jennings
New Construction N
Property Type Commercial Sale
Status Active
Directions GPS Friendly
High School Jennings County High School
City North Vernon
High School District Jennings County School Corporation
Number Of Units Total 16
MLS Area 4005 - Jennings - Center
Lot Size Square Feet 0.674
Elementary School North Vernon Elementary School
Current Financing Exchange - 1031 Conventional
Middle/Junior High School Jennings County Middle School
Additional Parcels Y/N N
Structure Type Apartment Building
Standard Status Active
Tax Lot 491113146072000101
Legal Description PT NEQ 40X150 4-6-8 .14 AC; PT SW 1/4 NEQ 4-6-8 .074 AC; PT CHILDS 4 (200x100) 106 .46
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Interior
Basement Apartment
Basement (Y/N) Y
Laundry Features Common Laundry Laundry Room In Basement
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 11676
Lot Size Acres 0.674
Road Surface Type Asphalt
Waterfront Y/N N
Road Frontage Type City Street
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* Excluded Features
List By
Ellsbury Commerical Group

Broker

david.orton@ellsburygroup.com

Email

Affordability Calculator

$9,113
Per Month
95%
5%
0%
Monthly Principal & Interest
$8,620
Monthly Property Taxes
$493
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4046478 Elementary School
4046470 Middle School
Jennings County High School High School
Pricing History
DatePricePrice ChangeDescription
7/22/2025$1,400,000 Listed Price

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350 Long Street, North Vernon, IN, 47265 is a Commercial Property for sale at $1,400,000 with 11,676 sqft and a lot size of 0.674. 350 Long Street was built in 1968. The property's zip code is 47265 which is in North Vernon, IN