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Lake County, IN · Sold

IN-434480

1134 County Road 366

$101,800
$7,928/ac · 12.84 ac
Acreage12.84 ac
Price per acre$7,928/ac
ZoningUnzoned
Road accessDirt
UtilitiesPower at road
TopographyWooded
ListedDec 27, 2023
Coordinates41.4417, -87.4372
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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

3 items to verify before you offer.

Risk index
16
Low risk
Wetlands16.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

665 ft of deeded road frontage.

Power196 ft away

Power at or near the road.

Buildable area10.14 of 12.84 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$93,288
$84,994$101,582 · $7,265/ac on 12.84 ac
Asking vs estimate
+9.1%
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 $101,800
Maximum allowable offer
$53,307
$4,152/ac · +30.0% target margin

You need $48,493 off asking to hit this margin.

All-in cost$57,838
Net resale$85,825
Projected profit$27,987
ROI+48.4%
Annualized+69.3%
Break-even resale$4,896/ac
Profit if resale lands off target
-20%
$10,822
-10%
$19,404
0%
$27,987
+10%
$36,569
+20%
$45,152
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-264246
Paved · Power at road
10.8Jun 30, 2026$121,70011,2418,1108.6 mi
86
IN-575691
Dirt · Power at road
30.9Jul 27, 2026$201,5006,5297,3217.1 mi
80
IN-175686
Dirt · Power at road
30.8Dec 14, 2024$181,1005,8887,0479.0 mi
69
IN-545645
Gravel · Power at road
29.9Aug 12, 2024$215,1007,2067,4793.0 mi
68
IN-502957
Landlocked · Power at road
4.3Jan 26, 2026$21,7005,0926,1344.2 mi
68
Show adjustment detail for the top comp
  • Tract size (10.83 ac → 12.84 ac)-1.5%
  • Access (Paved → Dirt)-27.1%
  • Market time (2 mo)+0.5%

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.