Tucked into the quiet Wheeler community, this property is perfect for investors, renovators, and first-time buyers willing to put in some sweat equity. Bring your vision and make it yours! This 3-bedroom, 1-bath home in Wheeler is ready for its next chapter. It needs some TLC and is being sold AS IS, which makes it a great opportunity for buyers who want to build equity through updates and personal touches. If your dream is a backyard coop, a few ducks, rabbits, or a small garden to go with them, this . 5 acre, partially fenced property offers a great opportunity to enjoy a little bit of country, but still close to city amenities.
Single-familyProperty Type
1964Year Built
0.5 acresLot Size
$188Price/Sq.Ft.
2 car garageParking
Listed by Kathleen Carr• Coldwell Banker Real Estate Gr
Recently updated 3 bedroom. New large Kitchen, Updated bath, new appliances 1/2 Acre 2.5 Large Garage
NIRA MLS as Distributed by MLS Grid #303248
Mar 1, 2013
Sold
$107,000
$101/sq ft
Mar 8, 2012
Listed
$110,000
$103/sq ft
+4
Great updated 3 bdrm vinyl ranch on 1/2 acre lot! Large living room with wood flooring & 2 c-fans, updated kitchen with oak cabinets and laminate flooring, updated full bath, windows 5-6 years old, C/A 8-9 years old, roof 9 years old, 3 bdrms and large laundry area with door to 2.5 car attached garage, deck, shed and more!
MRED as Distributed by MLS Grid #08013995
Mar 1, 2013
Sold (MLS)
$107,000
$101/sq ft
Mar 8, 2012
Listed
$110,000
$103/sq ft
NIRA MLS as Distributed by MLS Grid #289328
Dec 25, 2011
Listing Removed
—
Jun 25, 2011
Listed
$113,500
$107/sq ft
NIRA MLS as Distributed by MLS Grid #233510
Jun 6, 2009
Listing Removed
—
Feb 6, 2009
Listed
$139,900
$131/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$562 (−12.1%)
$33,100 + $91,100
$124,200
2024
$639 (+1.6%)
$33,100 + $91,500
$124,600
2023
$629 (+12.9%)
$31,800 + $89,900
$121,700
2022
$557 (−18.3%)
$31,800 + $79,700
$111,500
2021
$682 (+22.1%)
$31,800 + $74,500
$106,300
2020
$559 (−1.0%)
$27,700 + $68,400
$96,100
2019
$565 (+4.6%)
$27,700 + $68,600
$96,300
2018
$540 (+7.0%)
$27,700 + $63,000
$90,700
2017
$504 (−5.0%)
$29,000 + $64,600
$93,600
2016
$531 (−1.7%)
$29,000 + $64,600
$93,600
2015
$540 (+16.6%)
$27,800 + $61,700
$89,500
2013
$463
$28,200 + $61,500
$89,700
Public record
Public record
Zoning
Beds
3
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
0.5 Acres
Year renovated
1964
Finished Sq. Ft.
1,064
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,064
Year built
1964
Style
Single Family Residential
County
Porter County
APN
640801383001000019
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 1, 2026.
R1
Low Density Single Family Residential District
This district is established for low density rural subdivisions.
Permitted uses
Include but are not limited to:
Agriculture
Equestrian facility
Winery & vineyard
Housing-Single unit
Agriculture-Cropland
Agriculture-Grove / orchard / vineyard
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 101° expected this year, 15 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Wheeler, IN • 46393
Average low and high temperatures (°F)
30
16
38
22
55
34
63
42
68
48
81
62
85
67
80
62
78
56
66
48
51
37
37
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
95/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.7 hrs
6.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 116 Main St
$199,004
$996 under list price of $200K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $205K to $253K.