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LaPorte County, IN · Sold

IN-500345

223 County Road 278

$2,100
$3,281/ac · 0.64 ac
Acreage0.64 ac
Price per acre$3,281/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesOff grid
TopographyWooded
ListedOct 6, 2023
Coordinates41.5408, -86.7314
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

2 items to verify before you offer.

Risk index
38
Moderate risk
Wetlands8.4% of tract

Little to no mapped wetland coverage.

Average slope3.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power8,538 ft away

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

Buildable area0.56 of 0.64 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,242
$1,735$2,749 · $3,504/ac on 0.64 ac
Asking vs estimate
-6.4%
Priced below 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 $2,100
Maximum allowable offer
$1,281
$2,002/ac · +30.0% target margin

You need $819 off asking to hit this margin.

All-in cost$1,390
Net resale$2,063
Projected profit$673
ROI+48.4%
Annualized+69.3%
Break-even resale$2,361/ac
Profit if resale lands off target
-20%
$261
-10%
$467
0%
$673
+10%
$879
+20%
$1,086
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-580775
Paved · Full utilities
0.9Jul 23, 2026$6,1006,9392,8014.2 mi
85
IN-720373
Paved · Off grid
0.7Jul 13, 2024$3,6005,5193,4617.0 mi
74
IN-560039
Gravel · Power at road
0.5Jun 19, 2025$2,5004,9963,0245.6 mi
73
IN-930791
Gravel · Power at road
0.9Nov 17, 2024$7,7008,6375,3725.8 mi
69
IN-511225
Dirt · Power at road
1.2Jul 8, 2025$7,0005,8224,1195.3 mi
67
IN-761915
Paved · Power at road
2.0Dec 29, 2025$9,8004,9102,5038.4 mi
67
IN-191580
Paved · Off grid
1.6Oct 1, 2025$7,4004,7302,8536.5 mi
66
IN-471462
Paved · Off grid
1.4May 4, 2025$8,4005,8173,5625.4 mi
66
IN-320997
Gravel · Power at road
1.0Apr 7, 2024$6,4006,2603,9933.6 mi
65
IN-341229
Gravel · Power at road
1.2Dec 2, 2023$6,7005,4703,5434.2 mi
62
Show adjustment detail for the top comp
  • Access (Paved → Landlocked)-42.4%
  • 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.