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    12501 In-49 Wheatfield, IN 46392

    For Sale
    $3,899,900

    Mixed Use - Wheatfield, IN

    Type:Mixed Use
    Property size:
    64,878 SF
    Lot size:
    101.28 Acres
    Days on Market:
    33
    Last Refresh:
    Dec 5 at 7:06 pm

    Property Features for 12501 In-49

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Rooms
    Basement
    APN
    371730000007000023
    Parking features
    Driveway
    Basement Y/N
    1
    Size
    64,878 SF
    Lot size
    101.28 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas, Propane (Heating)

    Building Details

    Year built
    1985
    Architectural style
    Other

    blackrock realty services (219) 741-6134 [email protected]

    Listing agent Christina Harber (219) 262-0086 License #RB14048968

    Listing date Nov 3, 2025

    MLS# 826598 Listing URL

    Copyright © 2025 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile 100+ Acre Multi-Structure Property

    This unique property in Wheatfield, Indiana, encompasses over 100 acres and features 28 structures, totaling nearly 100,000 square feet under roof. The improvements include 8 large homes, a gymnasium with a regulation basketball court and workout room, a chapel, an equine facility with an indoor riding arena, an event/education center, a cafeteria with a dining hall, and an activity center/cafe. The property also boasts a 3.5-acre sandy bottom stocked pond with a pier, trails with a ropes/challenge course, sports courts, and fenced pastures. The land includes wooded and open areas, some with rolling terrain, and natural wildlife. Significant infrastructure upgrades have been made, including fiber internet and a hybrid public sewer system. Located just 20 minutes from Valparaiso, this property presents opportunities for various uses, such as a retreat center, camp, equine facility, shared living, Airbnb/VRBO, event venue, training center, or private family compound. The property is versatile and offers endless potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wedding venues

    Map

    City
    Wheatfield
    County
    Jasper
    State
    Indiana
    Longitude
    -87.039258
    Latitude
    41.19679

    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Wedding venue - Over 100 acres with 28 structures near Valparaiso, Indiana.
    Where is this wedding venue located?
    The property is located at 12501 In-49 Wheatfield, IN.
    What is the asking price?
    The asking price for this property is $3,899,900.
    What are key features of this property?
    This property features: - Over 100 acres with 28 structures and nearly 100,000 sq ft under roof.; - Includes 8 large homes, gymnasium, chapel, equine facility with indoor riding arena, event/education center, cafeteria, and activity center.; - Enjoy the 3.5-acre sandy bottom stocked pond with pier, trails with ropes/challenge course, and sports courts.
    (219) 262-0086
    Request Owner's contact information
    12501 In-49 Wheatfield, IN 46392
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    Wheatfield, IN 46392
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12501 In-49 Wheatfield, IN 46392
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