4250 W 500 N

Rensselaer, IN 47978

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Price
1,284,541 / 29.49
Lot Size / Acres
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Open: 5/5 01:00PM - 03:00PM
Open: 5/5 01:00PM - 03:00PM
2661x1995
2661x1995
2661x1995
2661x1995
1275x1650

Description

Online Only Real Estate Auction. Bidding begins closing May 19, 2026 at 6:00 PM CT. 29.489+/- acres of vacant land located at approximately 4250 W 500 N, Rensselaer, IN, in Jasper County, Walker Township, Kankakee Valley School Corporation. The property consists of approximately 29.7 FSA tillable acres and is currently in agricultural production. The land is leased for the 2026 crop year. Buyer to receive 2026 farm income. Possession subject to tenant rights. The tract offers approximately 1000 feet...Online Only Real Estate Auction. Bidding begins closing May 19, 2026 at 6:00 PM CT. 29.489+/- acres of vacant land located at approximately 4250 W 500 N, Rensselaer, IN, in Jasper County, Walker Township, Kankakee Valley School Corporation. The property consists of approximately 29.7 FSA tillable acres and is currently in agricultural production. The land is leased for the 2026 crop year. Buyer to receive 2026 farm income. Possession subject to tenant rights. The tract offers approximately 1000 feet of frontage along W 500 N with multiple potential access points. Topography is gently rolling. Soils include Oakville fine sand, Mussey mucky sandy loam, Brems loamy sand, Morocco loamy sand, and Adrian muck, with a weighted NCCPI of 46.6. Zoned A1 Conservation Agricultural. Permitted uses include agricultural production and a single family residence or farmstead. Other uses may be permitted or allowed by special exception per Jasper County zoning ordinance. Buyers should verify all intended uses with the county. Electric is available at the road. Well and septic would be required for residential use. Located approximately 1.25 miles east of US 231 and 4 miles west of IN 49, offering access to regional transportation routes. Surrounding area consists primarily of agricultural land with scattered residential homes. The adjoining approximately 20 acre property with a residence, under the same ownership, is intended to be offered separately in 2027. Bidding is offered online only at the auction company's website. Bidding is now live and continues until auction end on May 19th, with a soft close beginning at 6:00PM CDT.
  1. Listed by Kelsey Koomler • Kraft Real Estate Auctions, LL
    P: (219)-608-4341 C: (219)-608-4341 ktuholsk@gmail.com

Property Details for 4250 West 500 North

Zoning
Agriculture

Open Houses

Tuesday, May 5th1:00 PM - 3:00 PM
PublicView contact
LISTING UPDATED: 04/09/2026 07:34 PM

Property Details for 4250 West 500 North

StatusActive
MLS #836800
Days on Market5
Taxes$383 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand / Unimproved Land
Year Built-
Lot Size29.49 AC
CountyJasper County
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Location

Listing Courtesy of Kraft Real Estate Auctions, LL
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Building Information for 4250 West 500 North

Lot Size29.49 AC

Property Information for 4250 West 500 North

Summary
Location and General Information
  • Directions: From US-231 S and 110, head south 4.1 miles to W 500 N. Travel 1.3 miles east. Property will be on the north side of the road.
  • City/Town: Rensselaer
  • State: IN
  • Township: Walker
  • ZIP: 47978
  • Latitude: 41.09
  • Longitude: -87.13
  • County: Jasper
Taxes and HOA
  • Annual Tax Amount: $382.85
  • APN/Key #: 371332000007000032
  • Tax Year: 2025
  • Tax Legal Description: PT SE SE 32 31 6, 29.489A
School Information
  • School District: Kankakee Valley
Property
Lot Information
  • Lot Square Footage: 1,284,541.00
  • Acres: 29.49
Property and Assessments
  • Property Type: Land
  • Property Subtype 1: Unimproved Land
  • Lot Description: Private, Modular Allowed, Rectangular Lot
  • Potential Use: Agricultural, Vineyard, Vacant, Unimproved, Tree Farm, Single Family, Residential, Recreational, Row Crops, Poultry, Plantable, Orchard, Mixed Use, Livestock, Investment, Hunting, Grazing, Farm, Dairy, Cattle
  • Current Use: Agricultural, Unimproved, Plantable, Investment, Farm
Utilities
  • Utilities: Electricity Available
  • Electric: Other

Property History for 4250 West 500 North

DateEvent & SourcePriceAppreciation
Apr 9, 2026

Listed (Active)

Northwest Indiana REALTORS® Association #836800

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Apr 8, 2026

Listed (Active)

Indiana Regional MLS #202612268

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DateEvent & SourcePrice
04/09/2026

Listed (Active)

Northwest Indiana REALTORS® Association #836800

—
04/08/2026

Listed (Active)

Indiana Regional MLS #202612268

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For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 4250 West 500 North

This home is within Kankakee Valley School Corp.
Rating
School
Type
Grades
Distance
Kankakee Valley Intermediate School
Public - 4 to 5
Kankakee Valley Middle School
Public - 6 to 8
Kankakee Valley High School
Public - 9 to 12
Wheatfield Elementary School
Public - K to 3
Rating
School
Distance
Kankakee Valley Intermediate School
Public4 to 5

Kankakee Valley Middle School
Public6 to 8

Kankakee Valley High School
Public9 to 12

Wheatfield Elementary School
PublicK to 3

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 4250 West 500 North, Rensselaer, IN 47978

4250 West 500 North is a 29.49 ac of land for sale in Rensselaer, IN 47978. This property was listed for sale on April 9, 2026 by Kraft Real Estate Auctions, LL. This listing's school district is Kankakee Valley School Corp. Nearby schools include Kankakee Valley Intermediate School, Kankakee Valley Middle School and Kankakee Valley High School. 4250 West 500 North is a 0-bed, 0-bath, 29.49 ac of land on a 1,284,541 sq. ft. / 29.49 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Kraft Real Estate Auctions, LL

Based on information submitted to the MLS GRID as of 04/09/2026 07:34 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.