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
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
Location, Tax, and Legal
- Tax Annual Amount
- 270
- Tax Year
- 2024
- Tax Assessed Value
- 18800
- Tax Legal Description
- E1/2 NW NE 19 32 5, 20A
- Parcel Number
- 371719000020000023
- Additional Parcels YN
- No
- Township
- Kankakee
- Directions
- St Rd 49 South to 1400 N, turn east on 1400 N and follow to property on the south side of the road
- Cross Street
- St RD 49
Electric
- Other
- Yes
Listing Terms
- Conventional
- Yes
Lot Features
- Few Trees
- Yes
- Wooded
- Yes
Possession
- Close Of Escrow
- Yes
Sewer
- None
- Yes
Special Listing Conditions
- None
- Yes
Utilities
- None
- Yes
View
- Rural
- Yes
Water Source
- None
- Yes
Current Use
- Agricultural
- Yes
Possible Use
- Agricultural
- Yes
- Industrial
- Yes
- See Remarks
- Yes
Listing Office:
RE/MAX Lifestyles
Last Updated: July - 11 - 2025
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