LaPorte County, IN · Sold

IN-320997

6463 County Road 47

$6,500

$6,311/ac · 1.03 ac

Offer report Market this tract

Acreage1.03 ac

Price per acre$6,311/ac

ZoningResidential

Road accessGravel

UtilitiesPower at road

TopographySloped

ListedNov 8, 2023

Coordinates41.5240, -86.6655

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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

2 items to verify before you offer.

Risk index

Low risk

Wetlands4.9% of tract

Little to no mapped wetland coverage.

Average slope26.6%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

254 ft of deeded road frontage.

Power156 ft away

Power at or near the road.

Buildable area0.59 of 1.03 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$6,468

$4,857 – $8,079 · $6,280/ac on 1.03 ac

Asking vs estimate

+0.5%

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 $6,500

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$3,696

$3,588/ac · +30.0% target margin

You need $2,804 off asking to hit this margin.

All-in cost$4,010

Net resale$5,951

Projected profit$1,941

ROI+48.4%

Annualized+69.3%

Break-even resale$4,232/ac

Profit if resale lands off target

-20%

$750

-10%

$1,346

$1,941

+10%

$2,536

+20%

$3,131

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IN-580775 Paved · Full utilities	0.9	Jul 23, 2026	$6,100	6,939	4,826	7.2 mi	81
IN-930791 Gravel · Power at road	0.9	Nov 17, 2024	$7,700	8,637	9,256	8.5 mi	79
IN-511225 Dirt · Power at road	1.2	Jul 8, 2025	$7,000	5,822	7,097	8.9 mi	79
IN-471462 Paved · Off grid	1.4	May 4, 2025	$8,400	5,817	6,138	4.0 mi	76
IN-341229 Gravel · Power at road	1.2	Dec 2, 2023	$6,700	5,470	6,104	6.1 mi	73
IN-522511 Dirt · Off grid	3.1	Jul 27, 2026	$13,300	4,334	6,065	2.2 mi	72
IN-191580 Paved · Off grid	1.6	Oct 1, 2025	$7,400	4,730	4,915	5.8 mi	71
IN-560039 Gravel · Power at road	0.5	Jun 19, 2025	$2,500	4,996	5,211	8.1 mi	69
IN-761915 Paved · Power at road	2.0	Dec 29, 2025	$9,800	4,910	4,313	11.6 mi	69
IN-862512 Paved · Power at road	3.1	Jul 29, 2025	$29,800	9,631	8,698	6.7 mi	67

Show adjustment detail for the top comp

Access (Paved → Gravel)-15.3%
Utilities (Full utilities → Power at road)-18.0%

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.

Build the listing kit Post a deal or JV