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Lake County, IN · Sold

IN-970422

1825 County Road 59

$6,700
$9,853/ac · 0.68 ac
Acreage0.68 ac
Price per acre$9,853/ac
ZoningResidential
Road accessLandlocked
UtilitiesPower at road
TopographyFlat
ListedDec 28, 2024
Coordinates41.5379, -87.3222
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County GIS boundary

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.

County market

Lake County, Indiana. Tillable ground plus small recreational tracts near the Hoosier National Forest.

View Lake market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
54
Moderate risk
Wetlands30.2% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.0%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power245 ft away

Power at or near the road.

Buildable area0.45 of 0.68 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,794
$3,275$4,314 · $5,580/ac on 0.68 ac
Asking vs estimate
+76.6%
Priced above the comp set

Weighted from 5 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $6,700
Maximum allowable offer
$2,168
$3,189/ac · +30.0% target margin

You need $4,532 off asking to hit this margin.

All-in cost$2,352
Net resale$3,491
Projected profit$1,139
ROI+48.4%
Annualized+69.3%
Break-even resale$3,760/ac
Profit if resale lands off target
-20%
$440
-10%
$790
0%
$1,139
+10%
$1,488
+20%
$1,837
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-790101
Paved · Power at road
0.5Jun 1, 2026$4,3007,9724,62710.5 mi
79
IN-481291
Dirt · Full utilities
1.3Feb 23, 2025$12,0009,4876,5706.4 mi
65
IN-502957
Landlocked · Power at road
4.3Jan 26, 2026$21,7005,0925,3976.5 mi
64
IN-671992
Paved · Power at road
2.1Nov 24, 2025$18,0008,4875,11411.3 mi
62
IN-981909
Landlocked · Power at road
2.0Jan 30, 2024$11,4005,7216,4184.2 mi
62
Show adjustment detail for the top comp
  • Access (Paved → Landlocked)-42.4%
  • Market time (2 mo)+0.9%

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.