Welcome to the well known "Wheeler Lakes"! This property is currently operated as a part-time pay lake business and is known to be one of the best is Eastern Indiana due to its size, fish quality and water quality. During peak business there are 200-250 visitors each weekend that come and get 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 and 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 "baitshop" 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 in to the large pond. This fresh water keeps the fish healthy. 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 of the ponds. The southern property border is the White River offering additional recreation enjoyment! The mobile home is included with this sale and has a recent new roof, septic clean out, and HVAC upgrades.There is a recent survey on this property. There is good fencing along the west and south side of the property.
Farmland is located in Indiana. Farmland, Indiana has a population of 1,347. Farmland is more family-centric than the surrounding county with 33.33% of the households containing married families with children. The county average for households married with children is 29.25%.
The median household income in Farmland, Indiana is $39,211. The median household income for the surrounding county is $54,912 compared to the national median of $69,021. The median age of people living in Farmland is 33.8 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 17.8 degrees. The average rainfall is approximately 39.1 inches per year, with 20.3 inches of snow per year.
