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LaPorte County, IN · Sold

IN-455043

6908 County Road 281

$97,400
$5,047/ac · 19.30 ac
Acreage19.30 ac
Price per acre$5,047/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedJun 2, 2025
Coordinates41.5495, -86.8236
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

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

3 items to verify before you offer.

Risk index
28
Low risk
Wetlands9.9% of tract

Little to no mapped wetland coverage.

Average slope10.1%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power7,292 ft away

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

Buildable area16.52 of 19.30 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$84,339
$65,355$103,324 · $4,370/ac on 19.30 ac
Asking vs estimate
+15.5%
Priced above the comp set

Weighted from 8 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 $97,400
Maximum allowable offer
$48,194
$2,497/ac · +30.0% target margin

You need $49,206 off asking to hit this margin.

All-in cost$52,290
Net resale$77,592
Projected profit$25,302
ROI+48.4%
Annualized+69.2%
Break-even resale$2,945/ac
Profit if resale lands off target
-20%
$9,783
-10%
$17,542
0%
$25,302
+10%
$33,061
+20%
$40,820
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-405084
Dirt · Power at road
19.9Jul 27, 2026$89,1004,4804,4546.4 mi
85
IN-705214
Gravel · Power at road
21.9Dec 29, 2025$116,3005,3234,7192.2 mi
83
IN-695425
Gravel · Power at road
25.4Jul 27, 2026$112,5004,4213,9118.4 mi
81
IN-964895
Gravel · Power at road
17.3Feb 19, 2025$61,1003,5263,1435.4 mi
76
IN-175996
Dirt · Full utilities
38.5Dec 24, 2025$140,0003,6383,3623.0 mi
75
IN-843969
Landlocked · Off grid
8.9Jul 27, 2026$25,6002,8943,9537.9 mi
74
IN-823766
Dirt · Full utilities
7.7Jul 27, 2026$66,5008,6876,4705.6 mi
71
IN-673894
Paved · Full utilities
8.4Nov 14, 2024$74,4008,8635,1863.1 mi
63
Show adjustment detail for the top comp
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Power at road → Off grid)-15.0%

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.