IN-264246
5511 County Road 229
We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.
Lake County, Indiana. Tillable ground plus small recreational tracts near the Hoosier National Forest.
View Lake market data →Step 1 · Is this a deal?
3 items to verify before you offer.
Partial wetlands. Verify the delineated build envelope.
Gentle grade, straightforward to develop.
Moderate flood hazard on part of the tract.
446 ft of deeded road frontage.
Power at or near the road.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 5 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $58,316 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| IN-575691 Dirt · Power at road | 30.9 | Jul 27, 2026 | $201,500 | 6,529 | 10,201 | 6.4 mi | 76 |
| IN-434480 Dirt · Power at road | 12.8 | Feb 9, 2024 | $88,200 | 6,866 | 10,578 | 8.6 mi | 73 |
| IN-502957 Landlocked · Power at road | 4.3 | Jan 26, 2026 | $21,700 | 5,092 | 8,547 | 5.4 mi | 69 |
| IN-175686 Dirt · Power at road | 30.8 | Dec 14, 2024 | $181,100 | 5,888 | 9,818 | 11.7 mi | 62 |
| IN-545645 Gravel · Power at road | 29.9 | Aug 12, 2024 | $215,100 | 7,206 | 10,420 | 11.2 mi | 62 |
Show adjustment detail for the top comp
- Tract size (30.86 ac → 10.83 ac)+13.6%
- Access (Dirt → Paved)+37.2%
Step 3 · Market it
Turn this underwriting into a listing
Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.