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Lake County, IN · Sold

IN-758745

3175 County Road 59

$1,599,400
$5,671/ac · 282 ac
Acreage282 ac
Price per acre$5,671/ac
ZoningAgricultural
Road accessPaved
UtilitiesPower at road
TopographyRolling
ListedJan 20, 2026
Coordinates41.5176, -87.3190
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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

4 items to verify before you offer.

Risk index
24
Low risk
Wetlands17.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope11.7%

Rolling to steep in places; pad prep likely.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,435 ft of deeded road frontage.

Power80 ft away

Power at or near the road.

Buildable area220.76 of 282.01 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,444,705
$1,236,151$1,653,259 · $5,123/ac on 282 ac
Asking vs estimate
+10.7%
Priced above the comp set

Weighted from 6 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 $1,599,400
Maximum allowable offer
$825,546
$2,927/ac · +30.0% target margin

You need $773,854 off asking to hit this margin.

All-in cost$895,717
Net resale$1,329,129
Projected profit$433,411
ROI+48.4%
Annualized+69.2%
Break-even resale$3,452/ac
Profit if resale lands off target
-20%
$167,585
-10%
$300,498
0%
$433,411
+10%
$566,324
+20%
$699,237
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-378355
Gravel · Off grid
212.6Jul 27, 2026$772,5003,6344,6658.7 mi
78
IN-498711
Dirt · Off grid
275.1Jul 23, 2025$717,9002,6094,3696.5 mi
77
IN-449258
Dirt · Power at road
408.9Jun 10, 2024$1,472,4003,6016,0162.2 mi
71
IN-887345
Dirt · Off grid
102.3Jun 27, 2026$360,6003,5254,3498.1 mi
68
IN-978053
Dirt · Full utilities
170.8Jul 17, 2024$989,4005,7926,1522.0 mi
67
IN-489739
Gravel · Off grid
579.4Jan 5, 2025$1,690,1002,9175,3567.7 mi
63
Show adjustment detail for the top comp
  • Tract size (212.6 ac → 282.01 ac)-7.7%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Off grid → Power at road)+17.6%

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.