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!
Closed
$560,000
1400 N, Wheatfield, IN 46392
--beds
--baths
20Acres
Unimproved Land
Built in ----
20 Acres Lot
$-- Zestimate®
$--/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 11, 2025 at 08:52am
Listed by:
Matt Evans,
RE/MAX Lifestyles 219-462-2121
Bought with:
Matt Evans, RB14034485
RE/MAX Lifestyles
Source: NIRA,MLS#: 820280

Facts & features
Property
Features
- Has view: Yes
- View description: Rural
Lot
- Size: 20 Acres
- Features: Few Trees, Wooded
Details
- Parcel number: 371719000020000023
- Special conditions: None
Utilities & green energy
- Electric: Other
- Sewer: None
- Water: None
- Utilities for property: None
Community & neighborhood
Location
- Region: Wheatfield
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional