LaPorte County, IN · Sold

IN-341229

284 County Road 292

$7,100

$5,820/ac · 1.22 ac

Offer report Market this tract

Acreage1.22 ac

Price per acre$5,820/ac

ZoningMixed Use

Road accessGravel

UtilitiesPower at road

TopographySloped

ListedOct 6, 2023

Coordinates41.6017, -86.7227

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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

LaPorte County, Indiana. Tillable ground plus small recreational tracts near the Hoosier National Forest.

View LaPorte market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index

Low risk

Wetlands2.7% of tract

Little to no mapped wetland coverage.

Average slope19.8%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

265 ft of deeded road frontage.

Power28 ft away

Power at or near the road.

Buildable area0.95 of 1.22 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$7,363

$5,670 – $9,057 · $6,035/ac on 1.22 ac

Asking vs estimate

-3.6%

In line with 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 $7,100

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$4,208

$3,449/ac · +30.0% target margin

You need $2,892 off asking to hit this margin.

All-in cost$4,566

Net resale$6,774

Projected profit$2,208

ROI+48.4%

Annualized+69.2%

Break-even resale$4,068/ac

Profit if resale lands off target

-20%

$854

-10%

$1,531

$2,208

+10%

$2,886

+20%

$3,563

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IN-580775 Paved · Full utilities	0.9	Jul 23, 2026	$6,100	6,939	4,816	2.3 mi	82
IN-511225 Dirt · Power at road	1.2	Jul 8, 2025	$7,000	5,822	7,084	5.4 mi	79
IN-930791 Gravel · Power at road	0.9	Nov 17, 2024	$7,700	8,637	9,238	2.6 mi	75
IN-191580 Paved · Off grid	1.6	Oct 1, 2025	$7,400	4,730	4,906	4.3 mi	75
IN-471462 Paved · Off grid	1.4	May 4, 2025	$8,400	5,817	6,126	4.5 mi	75
IN-320997 Gravel · Power at road	1.0	Apr 7, 2024	$6,400	6,260	6,867	6.1 mi	74
IN-761915 Paved · Power at road	2.0	Dec 29, 2025	$9,800	4,910	4,305	6.2 mi	74
IN-522511 Dirt · Off grid	3.1	Jul 27, 2026	$13,300	4,334	6,053	8.0 mi	70
IN-462116 Paved · Power at road	2.3	Mar 27, 2025	$12,800	5,517	5,003	3.7 mi	68
IN-152069 Paved · Off grid	2.2	Oct 13, 2024	$12,100	5,408	5,868	1.9 mi	67

Show adjustment detail for the top comp

Access (Paved → Gravel)-15.3%
Utilities (Full utilities → Power at road)-18.0%

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.

Build the listing kit Post a deal or JV