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LaPorte County, IN · Sold

IN-862512

3352 County Road 400

$29,700
$9,612/ac · 3.09 ac
Acreage3.09 ac
Price per acre$9,612/ac
ZoningResidential
Road accessPaved
UtilitiesPower at road
TopographyFlat
ListedAug 5, 2024
Coordinates41.4930, -86.7892
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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
44
Moderate risk
Wetlands45.5% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.7%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

200 ft of deeded road frontage.

Power11 ft away

Power at or near the road.

Buildable area1.60 of 3.09 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$21,770
$17,309$26,230 · $7,045/ac on 3.09 ac
Asking vs estimate
+36.4%
Priced above 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 $29,700
Maximum allowable offer
$12,440
$4,026/ac · +30.0% target margin

You need $17,260 off asking to hit this margin.

All-in cost$13,497
Net resale$20,028
Projected profit$6,531
ROI+48.4%
Annualized+69.2%
Break-even resale$4,748/ac
Profit if resale lands off target
-20%
$2,525
-10%
$4,528
0%
$6,531
+10%
$8,534
+20%
$10,536
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-522511
Dirt · Off grid
3.1Jul 27, 2026$13,3004,3347,0116.1 mi
85
IN-232470
Paved · Power at road
3.0Apr 16, 2025$23,0007,6978,1206.4 mi
80
IN-462116
Paved · Power at road
2.3Mar 27, 2025$12,8005,5175,7948.3 mi
78
IN-823766
Dirt · Full utilities
7.7Jul 27, 2026$66,5008,68710,2054.7 mi
77
IN-612403
Gravel · Power at road
2.9Mar 15, 2025$14,6005,1186,3844.4 mi
77
IN-761915
Paved · Power at road
2.0Dec 29, 2025$9,8004,9104,98610.1 mi
75
IN-152069
Paved · Off grid
2.2Oct 13, 2024$12,1005,4086,7976.8 mi
70
IN-511225
Dirt · Power at road
1.2Jul 8, 2025$7,0005,8228,2056.0 mi
70
IN-471462
Paved · Off grid
1.4May 4, 2025$8,4005,8177,0959.7 mi
69
IN-191580
Paved · Off grid
1.6Oct 1, 2025$7,4004,7305,68211.0 mi
68
Show adjustment detail for the top comp
  • Access (Dirt → Paved)+37.2%
  • Utilities (Off grid → Power at road)+17.6%

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.