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LaPorte County, IN · Sold

IN-191580

5029 County Road 370

$8,400
$5,350/ac · 1.57 ac
Acreage1.57 ac
Price per acre$5,350/ac
ZoningAgricultural
Road accessPaved
UtilitiesOff grid
TopographyFlat
ListedSep 21, 2024
Coordinates41.6060, -86.6400
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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

4 items to verify before you offer.

Risk index
46
Moderate risk
Wetlands48.3% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.1%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

257 ft of deeded road frontage.

Power2,546 ft away

Service extension needed; get a utility quote.

Buildable area0.77 of 1.57 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$9,066
$7,725$10,408 · $5,775/ac on 1.57 ac
Asking vs estimate
-7.4%
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 $8,400
Maximum allowable offer
$5,181
$3,300/ac · +30.0% target margin

You need $3,219 off asking to hit this margin.

All-in cost$5,621
Net resale$8,341
Projected profit$2,720
ROI+48.4%
Annualized+69.2%
Break-even resale$3,892/ac
Profit if resale lands off target
-20%
$1,052
-10%
$1,886
0%
$2,720
+10%
$3,554
+20%
$4,388
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-471462
Paved · Off grid
1.4May 4, 2025$8,4005,8176,1221.8 mi
82
IN-580775
Paved · Full utilities
0.9Jul 23, 2026$6,1006,9394,8136.6 mi
78
IN-152069
Paved · Off grid
2.2Oct 13, 2024$12,1005,4085,8656.0 mi
76
IN-761915
Paved · Power at road
2.0Dec 29, 2025$9,8004,9104,30310.3 mi
76
IN-522511
Dirt · Off grid
3.1Jul 27, 2026$13,3004,3346,0498.0 mi
75
IN-232470
Paved · Power at road
3.0Apr 16, 2025$23,0007,6977,0076.3 mi
73
IN-511225
Dirt · Power at road
1.2Jul 8, 2025$7,0005,8227,0809.6 mi
71
IN-462116
Paved · Power at road
2.3Mar 27, 2025$12,8005,5175,0007.9 mi
70
IN-341229
Gravel · Power at road
1.2Dec 2, 2023$6,7005,4706,0894.3 mi
68
IN-612403
Gravel · Power at road
2.9Mar 15, 2025$14,6005,1185,50910.3 mi
67
Show adjustment detail for the top comp
  • Market time (15 mo)+5.4%

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.