Sold
Wheeler Lakes - Potential Opportunity For Investment And Recreation
Acreage
38 ±
County
Randolph
SOLD
Address 9661 W 100 N Farmland, IN 47340
View on Google MapsDescription
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.
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
Summary
Roads
Road Frontage
Fencing
Partial
Fishing
Catfish, Panfish, Bass
Land Type
Hunting and Recreational, Waterfowl, Waterfront
Waterfowl
Duck, Geese
Wild Game
Upland Game, Small Game, Big Game
Waterfront
Pond (0-3 acres), Lake (3+ acres), Frontage, River
Land Details
Pasture, Pond, Lake
Outbuildings
Metal
Road Surface
Blacktop/Asphalt
Property Type
Ranches, Recreational Land, Riverfront
Road Frontage
County Road
Improvements/Features
Small Game, Big Game, Waterfowl, Fish, Trail Network, Internal Road System, Gated Entrance
Activities on Property
Hunting, Hiking, ATV Riding, Camping, Biking, Fishing, Boating, Horseback Riding, Family Activities
Land and Farm Property Types
Agriculture - Agribusiness, Land - Recreational, Land - Undeveloped
Recent Property Improvements
Trail network, Internal Road Network, Gated entrance, Water control Structures
Other Property Details
Utilities
- electric: onsite
- water: onsite
Coordinates
40.17631, -85.15993
Annual Taxes
$2,488
Sold Property
For more information or to see additional properties currently for sale see Tyler Fritz's listings.