0-tbd 1400 N, Wheatfield, IN 46392

$560,000
Property Type: Land Lot Size (sq. ft.): 871,200 Status: Closed
Current Price: $560,000 List Date: 5/07/2025 Last Modified: 7/11/2025

Overview

Description

This 20-acre vacant land parcel offers a rare combination of opportunity, location, and versatility. With approximately 13 acres of productive tillable ground and 7 acres of established woods, the property is ideal for a range of perhaps residential, commercial, or industrial uses, Buyer to verify intended use. Strategically positioned near Hwy 49 and adjacent to NIPSCO operations at the Schahfer plant, it presents a premium location for the expansion of ancillary or related businesses. Access to electric power is available at the road, and the property holds strong potential for rezoning to I1, making it a prime candidate for light industrial development. The mix of open ground and natural woodland provides both functionality and flexibility, whether you're looking to develop immediately or invest in a highly desirable growth corridor near an evolving power generation industry player. With exceptional visibility and access, this parcel represents a valuable opportunity for forward-thi ...

Listing Details MLS# 820280

General Property Information

Lot Size Acres
20
Lot Size Square Feet
871200
Lot Size Source
Assessor
Association YN
No
Waterfront YN
No
List Price/Acre
31250
Sold Price/Acre
28000

Property Features

Current Use: Agricultural Electric: Other Listing Terms: Conventional Lot Features: Few Trees; Wooded Possession: Close Of Escrow Possible Use: Agricultural; Industrial; See Remarks Sewer: None Special Listing Conditions: None Utilities: None View: Rural Water Source: None

Contract Information

Auction YN
No
Original List Price
625000
Property Sub Type
Unimproved Land
Lease Considered YN
No
Listing Agreement
Exclusive Right To Sell
Occupant Type
Vacant

Location Tax and Legal

Street Number
0-tbd
Street Name
1400
Street Direction Suffix
N
County
Jasper
State
IN
Postal Code
46392

Remarks and Miscellaneous

Public Remarks
This 20-acre vacant land parcel offers a rare combination of opportunity, location, and versatility. With approximately 13 acres of productive tillable ground and 7 acres of established woods, the property is ideal for a range of perhaps residential, commercial, or industrial uses, Buyer to verify intended use. Strategically positioned near Hwy 49 and adjacent to NIPSCO operations at the Schahfer plant, it presents a premium location for the expansion of ancillary or related businesses. Access to electric power is available at the road, and the property holds strong potential for rezoning to I1, making it a prime candidate for light industrial development. The mix of open ground and natural woodland provides both functionality and flexibility, whether you're looking to develop immediately or invest in a highly desirable growth corridor near an evolving power generation industry player. With exceptional visibility and access, this parcel represents a valuable opportunity for forward-thinking developers or business owners seeking to capitalize on a well-positioned piece of land in a rapidly growing area. Arrange your tour today!

Status Change Information

Major Change Timestamp
2025-07-11T15:51:08Z
Major Change Type
Status Change
Status Change Timestamp
2025-07-11
Offer Acceptance Date
2025-06-14
Close Date
2025-07-10
Close Price
560000
Concessions
No
Buyer Financing
Assumed

More Information

Exemption Information

Exemption YN
No

Showing Requirements

Showing Instructions
Vacant Land- Use showing assist
Listing Office: RE/MAX Lifestyles
Last Updated: July - 11 - 2025
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