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Listing provided courtesy of RE/MAX REVOLUTIONJane CrowleyMLS# 202548760MLS ProviderContact Information: Cell: 812-760-7334
  • 200 days on site
  • 0 views

Fantastic opportunity with exceptional visibility in the near-downtown area at the corner of S Governor and E Cherry! These three adjoining lots are being sold together as a package. 322 E Cherry is zoned C-4 Commercial, while 320 and 318 E Cherry are zoned R-5 Residential. The new owner may request a zoning change for the R-5 parcels or keep them as residential—offering flexibility for a variety of development options. The combined frontage along E Cherry Street is 99 feet, with a depth of 144 feet along S Governor, per the Vanderburgh County Assessor. The surrounding area features a mix of various types of residential properties, commercial, and institutional uses, making this an appealing location for numerous potential projects.

Source: Indiana Regional MLS, MLS#: 202548760

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  • Property Type
    Land
  • Lot
    0.33 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 318 320 322 E Cherry Street

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
4/23/2026Source: Indiana Regional MLS Price Reduction
$59,900 -14.3%
12/12/2025Source: Indiana Regional MLS Added to Database
December 12, 2025