12501 In-49, Wheatfield, IN 46392
$3,621,000
Property Type:
Commercial Sale
Square Footage:
64,878
Lot Size (sq. ft.):
4,411,757
Status:
Closed
Current Price:
$3,621,000
List Date:
11/03/2025
Last Modified:
1/20/2026
Listing Details MLS# 826598
General Property Information
- Number Of Units Total
- 28
- Living Area
- 64878
- Building Area Source
- Assessor
- Accessibility Features YN
- Yes
- Year Built
- 1985
- Parking Total
- 100
- Lot Size Acres
- 101.28
- Lot Size Square Feet
- 4411756.8
- Lot Size Source
- Assessor
- Waterfront YN
- No
- Basement YN
- Yes
Property Features
Accessibility Features:
Accessible Full Bath
Basement:
Other
Building Features:
High Speed Internet; Lunch Room; Meeting Room; Mixed Use; Private Restrooms; Public Restrooms; Shower/Locker Room
Business Type:
Medical; Mixed; Professional/Office; Other
Construction Materials:
Other
Cooling:
Central Air; Other
Current Use:
Mixed Use
Electric:
Other
Exterior Features:
Other
Heating:
Forced Air; Natural Gas; Propane; Other
Listing Terms:
Cash; Conventional
Lot Features:
Wooded
Owner Pays:
Other
Parking Features:
Additional Parking; Attached; Detached; Driveway; None
Possession:
Close Of Escrow
Possible Use:
Commercial; Farm; Horses; Investment; Livestock; Mixed Use; Multi-Family; Office; Place of Worship; Ranch; Recreational; Residential; Single Family; Subdivision
Rail Availability:
None
Roof:
Other
Sewer:
Other
Special Licenses:
Other
Special Listing Conditions:
None
Tenant Pays:
Other
Utilities:
Other
View:
Pond; Rural; Trees/Woods
Water Source:
Other
Contract Information
- Auction YN
- No
- Original List Price
- 3899900
- Property Sub Type
- Mixed Use
- Listing Agreement
- Exclusive Right To Sell
- Seller to consider offering concessions
- No
- Occupant Type
- Owner
Location Tax and Legal
- Street Number
- 12501
- Street Name
- In-49
- County
- Jasper
- State
- IN
- Postal Code
- 46392
Remarks and Miscellaneous
- Public Remarks
- Rare opportunity to own over 100 acres with 28 structures and nearly 100,000 sq ft under roof, including 8 large homes, gymnasium with regulation basketball court and workout room, chapel, equine facility with indoor riding arena, event/education center, cafeteria with dining hall, activity center/café, and so much more! Features include a 3.5-acre sandy bottom stocked pond with pier, trails with ropes/challenge course, sports courts, fenced pastures, and beautiful wooded and open areas (some rolling) with natural wildlife. Significant infrastructure upgrades throughout including fiber internet, hybrid public sewer system, and multiple utilities. Just 20 minutes from Valparaiso, this one-of-a-kind property offers endless potential for retreat center, camp, equine facility, shared living, Airbnb/VRBO, event venue, training center, or private family compound. Must see to appreciate the scale and versatility of this remarkable property. Owner willing to divide for the right buyer! Property is occupied, alarmed and under surveillance. Entry is not permitted without scheduling and receiving confirmation of such in advance.
Status Change Information
- Major Change Timestamp
- 2026-01-20T14:42:29Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2026-01-20
- Offer Acceptance Date
- 2026-01-12
- Close Date
- 2026-01-16
- Close Price
- 3621000
- Concessions
- No
- Buyer Financing
- Conventional
More Information
Exemption Information
- Exemption YN
- Yes
- Exemptions
- Non Profit exemption.
Showing Requirements
- Showing Instructions
- Contact listing agent 219-616-7873
Location, Tax, and Legal
- Tax Annual Amount
- 338
- Tax Year
- 2023
- Tax Legal Description
- PT NW 30 32 5, 101.28A
- Parcel Number
- 371730000007000023
- Additional Parcels YN
- No
- Township
- Kankakee
- Directions
- Take route 49 to the property. Property located on the east side of 49.
Accessibility Features
- Accessible Full Bath
- Yes
Basement
- Other
- Yes
Construction Materials
- Other
- Yes
Cooling
- Central Air
- Yes
- Other
- Yes
Electric
- Other
- Yes
Exterior Features
- Other
- Yes
Heating
- Forced Air
- Yes
- Natural Gas
- Yes
- Propane
- Yes
- Other
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Lot Features
- Wooded
- Yes
Parking Features
- Additional Parking
- Yes
- Attached
- Yes
- Detached
- Yes
- Driveway
- Yes
- None
- Yes
Possession
- Close Of Escrow
- Yes
Roof
- Other
- Yes
Sewer
- Other
- Yes
Special Listing Conditions
- None
- Yes
Utilities
- Other
- Yes
View
- Pond
- Yes
- Rural
- Yes
- Trees/Woods
- Yes
Water Source
- Other
- Yes
Owner Pays
- Other
- Yes
Tenant Pays
- Other
- Yes
Current Use
- Mixed Use
- Yes
Possible Use
- Commercial
- Yes
- Farm
- Yes
- Horses
- Yes
- Investment
- Yes
- Livestock
- Yes
- Mixed Use
- Yes
- Multi-Family
- Yes
- Office
- Yes
- Place of Worship
- Yes
- Ranch
- Yes
- Recreational
- Yes
- Residential
- Yes
- Single Family
- Yes
- Subdivision
- Yes
Building Features
- High Speed Internet
- Yes
- Lunch Room
- Yes
- Meeting Room
- Yes
- Mixed Use
- Yes
- Private Restrooms
- Yes
- Public Restrooms
- Yes
- Shower/Locker Room
- Yes
Business Type
- Medical
- Yes
- Mixed
- Yes
- Professional/Office
- Yes
- Other
- Yes
Rail Availability
- None
- Yes
Special Licenses
- Other
- Yes
Listing Office:
Blackrock Real Estate Services
Last Updated: January - 20 - 2026
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