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Land with Home for Sale in Wheatfield, Indiana

12501 N State Road 49, Wheatfield, IN 46392

$3,899,900
101 acres
Active
Est $19,137/mo

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/cafe, 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.

64,878
Sq feet
68
Beds
1985
Built

Location

Street address
12501 N State Road 49
Elevation
666 feet
Coordinates
41.196, -87.044

Directions

Take route 49 to the property, located on east side of Route 49.

Property details

Acreage
101.28 acres
MLS #
GNIAR 819726
Posted

Property taxes

2023
$338

Parcels

  • 371730000007000023

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

Waterfront
Pond, Waterfront

Exterior

Parking
Driveway, Garage, Heated, Paved or Surfaced
Structures
Storage
Features
Fire Pit, Lighting, Paved, Security Lights

Structure

Heating
Central, Fireplace(s), Forced Air, Hot Water, Natural Gas, Propane, Zoned

Interior

Room Count
1
Rooms
Bedroom x 5
Appliances
Cooktop, Dishwasher, Dryer, Freezer, Gas Cooktop, Gas Range, Microwave, Range, Refrigerator, Softener Water, Washer
Security
Fire Alarm, Security Lighting, Security System, Smoke Detector(s)
Features
Ceiling Fan(s), Entrance Foyer, High Ceilings, Open Floorplan

Property utilities

CategoryTypeStatusDescription
GasNatural GasConnected
GasPropaneConnected

Listing history

DateEventPriceChangeSource
Nov 4, 2025Back on market$3,899,900GNIAR
Oct 19, 2025Under contract$3,899,900GNIAR
Apr 27, 2025New listing$3,899,900GNIAR
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This 101.28-acre property is located at 12501 N State Road 49 in Wheatfield, IN 46392. The property is available for sale for $3,899,900. It has a 64,878 sq ft 68 bedroom house built in 1985.

Checked 1 hour ago — Updated

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