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Lake County, IN · Sold

IN-526891

344 County Road 147

$403,500
$5,481/ac · 73.62 ac
Acreage73.62 ac
Price per acre$5,481/ac
ZoningRecreational
Road accessLandlocked
UtilitiesFull utilities
TopographyFlat
ListedMay 12, 2026
Coordinates41.4466, -87.3176
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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
59
High risk
Wetlands33.2% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.3%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area46.72 of 73.62 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$381,660
$338,044$425,276 · $5,184/ac on 73.62 ac
Asking vs estimate
+5.7%
Priced above 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 $403,500
Maximum allowable offer
$218,091
$2,962/ac · +30.0% target margin

You need $185,409 off asking to hit this margin.

All-in cost$236,629
Net resale$351,127
Projected profit$114,498
ROI+48.4%
Annualized+69.3%
Break-even resale$3,494/ac
Profit if resale lands off target
-20%
$44,273
-10%
$79,386
0%
$114,498
+10%
$149,611
+20%
$184,724
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-426616
Dirt · Full utilities
60.3Jul 27, 2026$446,2007,3975,6106.3 mi
88
IN-896491
Paved · Power at road
55.1Sep 8, 2025$462,1008,3875,7543.0 mi
80
IN-386472
Dirt · Full utilities
54.3May 4, 2026$318,5005,8614,3907.2 mi
79
IN-887345
Dirt · Off grid
102.3Jun 27, 2026$360,6003,5254,3506.8 mi
78
IN-575691
Dirt · Power at road
30.9Jul 27, 2026$201,5006,5295,3242.4 mi
75
IN-378355
Gravel · Off grid
212.6Jul 27, 2026$772,5003,6344,6663.9 mi
71
IN-978053
Dirt · Full utilities
170.8Jul 17, 2024$989,4005,7926,1556.2 mi
62
IN-175686
Dirt · Power at road
30.8Dec 14, 2024$181,1005,8885,1247.5 mi
60
IN-545645
Gravel · Power at road
29.9Aug 12, 2024$215,1007,2065,4388.0 mi
58
Show adjustment detail for the top comp
  • Tract size (60.32 ac → 73.62 ac)-4.3%
  • Access (Dirt → Landlocked)-20.9%

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.