Randolph County
Wheeler Lakes - Potential Opportunity For Investment And Recreation
9661 W 100 N Farmland, IN 47340
Description
The Central Indiana Land Team presents "Wheeler Lakes"! This property is currently operated as a part-time pay lake business and is known to be one of the best in Eastern Indiana due to its size, fish quality, and water quality. During peak business, 250-300 visitors each weekend come to enjoy the outdoors at Wheeler Lakes. The property is just under +/- 40 acres and has +/- 12 acres of water broken up between 4 different ponds. The largest is 9 acres; the other 3 ponds are around 1 acre each. The ponds are stocked yearly with catfish, carp, bluegill, bass and crappie. In the summer of 2024, one individual caught an 80lb catfish! It is a common occurrence for visitors to catch fish in the 30-40 lb range. This property presents a few different opportunities, including taking over the Wheeler Lakes business as it is today, building an RV park or campground, pasture land, or simply owning this as a recreation property for personal enjoyment! There is a "bait shop" building that has a full restroom and a lot of storage. Multiple wells are located on the property, with one that is 5" and can pump 42,000 gallons per hour into the large pond. This freshwater keeps the fish healthy. The other ponds are filled from the white river watershed runoff. Near the large pond is a metal outbuilding with an additional septic system. The road system is in fantastic condition and offers access to all the ponds. The southern property border is the White River for additional recreation enjoyment! The mobile home is included with this sale and has a recent new roof, septic clean-out, and HVAC upgrades. A recent survey has been done on this property. There is good fencing along the west and south sides of the property.
Summary
Address
Land Type
Property Type
Land and Farm Property Types
Road Frontage
Road Surface
Fencing
Outbuildings
Land Details
Improvements/Features
Activities on Property
Roads
Fishing
Waterfowl
Waterfront
Wild Game
Recent Property Improvements
Details
- +/- 38.95 Acres
- 4 Ponds totaling +/- 12 acres
- "Bait shop" building
- Mobile home with recent upgrades
- 2 Septic systems
- 2 Wells
- Fencing along the west and south border
- Investment opportunity
- Previous conditional use approval for a campground
- Sellers willing to pass along current social media page
Other
Utilities
Coordinates
Annual Taxes
Sold Property
For more information or to see additional properties currently for sale see Tyler Fritz's listings.