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

Overview

Description

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! Proper ...

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
Listing Office: Blackrock Real Estate Services
Last Updated: January - 20 - 2026
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