0 Tbd 1400 N
Wheatfield, IN 46392
- – beds
- – baths
- – sqft
- ~20 acre lot
- – on site
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!
Last checked:
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Last updated May 7, 2025
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MLS# 820280 —
Financial & Terms
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Lease Considered:false
Location
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Directions:St Rd 49 South to 1400 N, turn east on 1400 N and follow to property on the south side of the road
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Latitude:41.214368
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Longitude:-87.030948
The Property
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Parcel Number:371719000020000023
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Property Subtype:Unimproved Land
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Lot Features:Few Trees, Wooded
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Lot Size Acres:20
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Lot Size Square Feet:871200
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Lot Size Source:Assessor
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Additional Parcels:false
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View:Rural
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (219) 241-8401
- Office phone:
- (219) 462-2121
Taxes
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Tax Year:2024
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Tax Annual Amount:270
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Tax Assessed Value:18800
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Tax Legal Description:E1/2 NW NE 19 32 5, 20A
Utilities
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Utilities:None
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Electric:Other
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Sewer:None
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Water Source:None
The Community
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Association:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).