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Porter County, IN · Sold

IN-191990

6450 County Road 340

$13,900
$6,588/ac · 2.11 ac
Acreage2.11 ac
Price per acre$6,588/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographyRolling
ListedAug 21, 2024
Coordinates41.4507, -87.0996
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

Porter County, Indiana. Tillable ground plus small recreational tracts near the Hoosier National Forest.

View Porter market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
20
Low risk
Wetlands17.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

220 ft of deeded road frontage.

Power1,076 ft away

Service extension needed; get a utility quote.

Buildable area1.66 of 2.11 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$18,327
$15,736$20,917 · $8,686/ac on 2.11 ac
Asking vs estimate
-24.2%
Priced below the comp set

Weighted from 6 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 $13,900
Maximum allowable offer
$10,472
$4,963/ac · +30.0% target margin

You need $3,428 off asking to hit this margin.

All-in cost$11,362
Net resale$16,860
Projected profit$5,498
ROI+48.4%
Annualized+69.3%
Break-even resale$5,853/ac
Profit if resale lands off target
-20%
$2,126
-10%
$3,812
0%
$5,498
+10%
$7,184
+20%
$8,870
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-821332
Dirt · Full utilities
1.3Jul 27, 2026$14,60011,1467,7208.4 mi
79
IN-722127
Gravel · Off grid
2.3Apr 3, 2025$24,80010,6629,7182.6 mi
78
IN-902313
Gravel · Off grid
2.7Jan 21, 2026$21,4007,9977,0807.9 mi
77
IN-891457
Landlocked · Power at road
1.4Oct 17, 2025$14,0009,72610,7468.3 mi
71
IN-940321
Gravel · Full utilities
0.6Jul 27, 2026$9,10014,5138,5856.9 mi
68
IN-330791
Gravel · Full utilities
0.9Jan 11, 2026$12,30013,8348,3918.0 mi
66
Show adjustment detail for the top comp
  • Tract size (1.31 ac → 2.11 ac)-0.8%
  • 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.