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LaPorte County, IN · Sold

IN-175996

8397 County Road 374

$160,200
$4,162/ac · 38.49 ac
Acreage38.49 ac
Price per acre$4,162/ac
ZoningRecreational
Road accessDirt
UtilitiesFull utilities
TopographyMixed
ListedMar 14, 2025
Coordinates41.5115, -86.7943
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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
16
Low risk
Wetlands13.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,102 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area31.70 of 38.49 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$186,517
$154,872$218,162 · $4,846/ac on 38.49 ac
Asking vs estimate
-14.1%
Priced below the comp set

Weighted from 5 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 $160,200
Maximum allowable offer
$106,581
$2,769/ac · +30.0% target margin

You need $53,619 off asking to hit this margin.

All-in cost$115,640
Net resale$171,595
Projected profit$55,955
ROI+48.4%
Annualized+69.2%
Break-even resale$3,266/ac
Profit if resale lands off target
-20%
$21,636
-10%
$38,795
0%
$55,955
+10%
$73,114
+20%
$90,274
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-455043
Gravel · Off grid
19.3Jul 4, 2026$103,1005,3445,9673.0 mi
80
IN-695425
Gravel · Power at road
25.4Jul 27, 2026$112,5004,4214,3457.5 mi
77
IN-405084
Dirt · Power at road
19.9Jul 27, 2026$89,1004,4804,9496.4 mi
77
IN-705214
Gravel · Power at road
21.9Dec 29, 2025$116,3005,3235,2444.5 mi
72
IN-964895
Gravel · Power at road
17.3Feb 19, 2025$61,1003,5263,4923.7 mi
65
Show adjustment detail for the top comp
  • Tract size (19.3 ac → 38.49 ac)-10.0%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (1 mo)+0.5%

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.