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Lake County, IN · Sold

IN-378355

2780 County Road 293

$809,800
$3,809/ac · 213 ac
Acreage213 ac
Price per acre$3,809/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedMar 6, 2026
Coordinates41.3917, -87.3035
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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

1 item to verify before you offer.

Risk index
12
Low risk
Wetlands3.2% of tract

Little to no mapped wetland coverage.

Average slope5.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,829 ft of deeded road frontage.

Power13,494 ft away

A long utility run — price in solar/off-grid instead.

Buildable area195.51 of 212.60 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$873,121
$758,583$987,658 · $4,107/ac on 213 ac
Asking vs estimate
-7.3%
Priced below the comp set

Weighted from 7 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 $809,800
Maximum allowable offer
$498,926
$2,347/ac · +30.0% target margin

You need $310,874 off asking to hit this margin.

All-in cost$541,335
Net resale$803,271
Projected profit$261,936
ROI+48.4%
Annualized+69.2%
Break-even resale$2,768/ac
Profit if resale lands off target
-20%
$101,282
-10%
$181,609
0%
$261,936
+10%
$342,263
+20%
$422,590
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-758745
Paved · Power at road
282.0May 9, 2026$1,412,3005,0083,9548.7 mi
76
IN-498711
Dirt · Off grid
275.1Jul 23, 2025$717,9002,6093,4116.0 mi
74
IN-887345
Dirt · Off grid
102.3Jun 27, 2026$360,6003,5253,3958.6 mi
73
IN-526891
Landlocked · Full utilities
73.6Jul 27, 2026$425,7005,7824,5233.9 mi
71
IN-978053
Dirt · Full utilities
170.8Jul 17, 2024$989,4005,7924,8039.8 mi
67
IN-489739
Gravel · Off grid
579.4Jan 5, 2025$1,690,1002,9174,1828.6 mi
63
IN-449258
Dirt · Power at road
408.9Jun 10, 2024$1,472,4003,6014,69710.9 mi
59
Show adjustment detail for the top comp
  • Tract size (282.01 ac → 212.6 ac)+8.4%
  • Access (Paved → Gravel)-15.3%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (3 mo)+1.1%

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.