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Lake County, IN · Sold

IN-887345

5751 County Road 58

$389,800
$3,811/ac · 102 ac
Acreage102 ac
Price per acre$3,811/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedJan 14, 2026
Coordinates41.4521, -87.4481
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

3 items to verify before you offer.

Risk index
35
Moderate risk
Wetlands3.3% of tract

Little to no mapped wetland coverage.

Average slope30.0%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,571 ft of deeded road frontage.

Power14,166 ft away

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

Buildable area59.34 of 102.28 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$437,031
$388,165$485,896 · $4,273/ac on 102 ac
Asking vs estimate
-10.8%
Priced below the comp set

Weighted from 10 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 $389,800
Maximum allowable offer
$249,732
$2,442/ac · +30.0% target margin

You need $140,068 off asking to hit this margin.

All-in cost$270,959
Net resale$402,068
Projected profit$131,109
ROI+48.4%
Annualized+69.2%
Break-even resale$2,880/ac
Profit if resale lands off target
-20%
$50,695
-10%
$90,902
0%
$131,109
+10%
$171,316
+20%
$211,523
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-426616
Dirt · Full utilities
60.3Jul 27, 2026$446,2007,3974,5715.1 mi
79
IN-526891
Landlocked · Full utilities
73.6Jul 27, 2026$425,7005,7824,7226.8 mi
79
IN-386472
Dirt · Full utilities
54.3May 4, 2026$318,5005,8613,5784.1 mi
76
IN-575691
Dirt · Power at road
30.9Jul 27, 2026$201,5006,5294,3387.4 mi
75
IN-498711
Dirt · Off grid
275.1Jul 23, 2025$717,9002,6093,5622.7 mi
74
IN-378355
Gravel · Off grid
212.6Jul 27, 2026$772,5003,6343,8038.6 mi
74
IN-896491
Paved · Power at road
55.1Sep 8, 2025$462,1008,3874,6895.2 mi
68
IN-758745
Paved · Power at road
282.0May 9, 2026$1,412,3005,0084,1298.1 mi
67
IN-978053
Dirt · Full utilities
170.8Jul 17, 2024$989,4005,7925,01610.0 mi
64
IN-545645
Gravel · Power at road
29.9Aug 12, 2024$215,1007,2064,4322.1 mi
64
Show adjustment detail for the top comp
  • Tract size (60.32 ac → 102.28 ac)-11.5%
  • Utilities (Full utilities → Off grid)-30.3%

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.