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LaPorte County, IN · Sold

IN-720373

5885 County Road 278

$3,900
$5,909/ac · 0.66 ac
Acreage0.66 ac
Price per acre$5,909/ac
ZoningAgricultural
Road accessPaved
UtilitiesOff grid
TopographyWooded
ListedFeb 16, 2024
Coordinates41.5909, -86.8501
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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

3 items to verify before you offer.

Risk index
21
Low risk
Wetlands10.2% of tract

Little to no mapped wetland coverage.

Average slope6.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

157 ft of deeded road frontage.

Power8,118 ft away

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

Buildable area0.56 of 0.66 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,987
$3,079$4,895 · $6,041/ac on 0.66 ac
Asking vs estimate
-2.2%
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 $3,900
Maximum allowable offer
$2,278
$3,452/ac · +30.0% target margin

You need $1,622 off asking to hit this margin.

All-in cost$2,472
Net resale$3,668
Projected profit$1,196
ROI+48.4%
Annualized+69.3%
Break-even resale$4,071/ac
Profit if resale lands off target
-20%
$463
-10%
$830
0%
$1,196
+10%
$1,563
+20%
$1,930
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-580775
Paved · Full utilities
0.9Jul 23, 2026$6,1006,9394,8594.3 mi
84
IN-560039
Gravel · Power at road
0.5Jun 19, 2025$2,5004,9965,2477.4 mi
76
IN-500345
Landlocked · Off grid
0.6Mar 26, 2024$2,0003,1015,9207.0 mi
74
IN-191580
Paved · Off grid
1.6Oct 1, 2025$7,4004,7304,94910.9 mi
71
IN-930791
Gravel · Power at road
0.9Nov 17, 2024$7,7008,6379,3204.8 mi
70
IN-511225
Dirt · Power at road
1.2Jul 8, 2025$7,0005,8227,1461.8 mi
70
IN-761915
Paved · Power at road
2.0Dec 29, 2025$9,8004,9104,3433.1 mi
69
IN-152069
Paved · Off grid
2.2Oct 13, 2024$12,1005,4085,9205.0 mi
67
IN-471462
Paved · Off grid
1.4May 4, 2025$8,4005,8176,18010.8 mi
66
IN-320997
Gravel · Power at road
1.0Apr 7, 2024$6,4006,2606,92710.6 mi
62
Show adjustment detail for the top comp
  • Utilities (Full utilities → Off grid)-30.3%

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.