← New search
Lake County, IN · Sold

IN-175686

2868 County Road 73

$189,400
$6,159/ac · 30.75 ac
Acreage30.75 ac
Price per acre$6,159/ac
ZoningUnzoned
Road accessDirt
UtilitiesPower at road
TopographyWooded
ListedMar 15, 2024
Coordinates41.5532, -87.3485
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

No material red flags on the mapped layers.

Risk index
5
Low risk
Wetlands4.1% of tract

Little to no mapped wetland coverage.

Average slope5.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

709 ft of deeded road frontage.

Power166 ft away

Power at or near the road.

Buildable area28.01 of 30.75 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$201,842
$181,523$222,160 · $6,564/ac on 30.75 ac
Asking vs estimate
-6.2%
Priced below 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 $189,400
Maximum allowable offer
$115,338
$3,751/ac · +30.0% target margin

You need $74,062 off asking to hit this margin.

All-in cost$125,142
Net resale$185,694
Projected profit$60,553
ROI+48.4%
Annualized+69.2%
Break-even resale$4,424/ac
Profit if resale lands off target
-20%
$23,414
-10%
$41,983
0%
$60,553
+10%
$79,122
+20%
$97,691
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-575691
Dirt · Power at road
30.9Jul 27, 2026$201,5006,5296,5475.4 mi
95
IN-426616
Dirt · Full utilities
60.3Jul 27, 2026$446,2007,3976,8993.6 mi
79
IN-545645
Gravel · Power at road
29.9Aug 12, 2024$215,1007,2066,6887.9 mi
78
IN-386472
Dirt · Full utilities
54.3May 4, 2026$318,5005,8615,39912.0 mi
73
IN-887345
Dirt · Off grid
102.3Jun 27, 2026$360,6003,5255,3508.7 mi
73
IN-264246
Paved · Power at road
10.8Jun 30, 2026$121,70011,2417,25311.7 mi
72
IN-526891
Landlocked · Full utilities
73.6Jul 27, 2026$425,7005,7827,1277.5 mi
71
IN-896491
Paved · Power at road
55.1Sep 8, 2025$462,1008,3877,0769.4 mi
68
IN-434480
Dirt · Power at road
12.8Feb 9, 2024$88,2006,8666,7899.0 mi
66
Show adjustment detail for the top comp

    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.