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Lake County, IN · Sold

IN-575691

5056 County Road 191

$195,800
$6,345/ac · 30.86 ac
Acreage30.86 ac
Price per acre$6,345/ac
ZoningUnzoned
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedApr 26, 2026
Coordinates41.4806, -87.3099
Loading terrain…
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
53
Moderate risk
Wetlands45.8% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.5%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power59 ft away

Power at or near the road.

Buildable area15.89 of 30.86 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$201,664
$180,897$222,431 · $6,535/ac on 30.86 ac
Asking vs estimate
-2.9%
In line with the comp set

Weighted from 9 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 $195,800
Maximum allowable offer
$115,237
$3,734/ac · +30.0% target margin

You need $80,563 off asking to hit this margin.

All-in cost$125,032
Net resale$185,531
Projected profit$60,499
ROI+48.4%
Annualized+69.2%
Break-even resale$4,404/ac
Profit if resale lands off target
-20%
$23,393
-10%
$41,946
0%
$60,499
+10%
$79,052
+20%
$97,605
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-175686
Dirt · Power at road
30.8Dec 14, 2024$181,1005,8886,2985.4 mi
84
IN-545645
Gravel · Power at road
29.9Aug 12, 2024$215,1007,2066,6848.0 mi
78
IN-426616
Dirt · Full utilities
60.3Jul 27, 2026$446,2007,3976,8955.1 mi
77
IN-264246
Paved · Power at road
10.8Jun 30, 2026$121,70011,2417,2486.4 mi
75
IN-526891
Landlocked · Full utilities
73.6Jul 27, 2026$425,7005,7827,1232.4 mi
75
IN-386472
Dirt · Full utilities
54.3May 4, 2026$318,5005,8615,3968.9 mi
74
IN-887345
Dirt · Off grid
102.3Jun 27, 2026$360,6003,5255,3477.4 mi
74
IN-896491
Paved · Power at road
55.1Sep 8, 2025$462,1008,3877,0725.1 mi
71
IN-434480
Dirt · Power at road
12.8Feb 9, 2024$88,2006,8666,7857.1 mi
67
Show adjustment detail for the top comp
  • Market time (20 mo)+7.0%

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.