Hi, I know this is 20 years to late. I went to Wallace Junction back in 2007. I used to work on the Milwaukee Road and Wallace Junction and the Midland Branch saved the Milwaukee's butt many times due to derailments on the Milwaukee. I went there to reminisce cause I ran lot of trains through there. You can find the old foundation of the depot and the foundations of the signals that were there plus you can see where the North and South Legs of the Wye were but thats all. It's just a memory now.
FWIW...the Monon station in Monon is still standing (or was last time thru town). It might not work out for you nor would negotiations wiht CSX be worth it.
If you do go check it out, by all means go to the Monon Connection Museum north of town. Quite a private collection of rolling stock, paper collectables, and my favorite are the old PRR calendars in the restaurant.
Ed
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