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Porter County, IN · Sold

IN-786187

7316 County Road 120

$275,500
$6,232/ac · 44.21 ac
Acreage44.21 ac
Price per acre$6,232/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographySloped
ListedJun 1, 2026
Coordinates41.4293, -87.1166
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

2 items to verify before you offer.

Risk index
25
Low risk
Wetlands1.9% of tract

Little to no mapped wetland coverage.

Average slope27.7%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,591 ft of deeded road frontage.

Power94 ft away

Power at or near the road.

Buildable area26.02 of 44.21 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$354,527
$291,919$417,135 · $8,019/ac on 44.21 ac
Asking vs estimate
-22.3%
Priced below the comp set

Weighted from 9 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 $275,500
Maximum allowable offer
$202,587
$4,582/ac · +30.0% target margin

You need $72,913 off asking to hit this margin.

All-in cost$219,807
Net resale$326,165
Projected profit$106,358
ROI+48.4%
Annualized+69.2%
Break-even resale$5,404/ac
Profit if resale lands off target
-20%
$41,125
-10%
$73,742
0%
$106,358
+10%
$138,975
+20%
$171,591
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-165298
Dirt · Full utilities
23.2Jul 27, 2026$262,30011,2968,3431.8 mi
80
IN-276080
Paved · Full utilities
40.9Jan 13, 2026$653,80015,9819,6414.8 mi
80
IN-617273
Landlocked · Power at road
97.1Jun 29, 2026$524,5005,4028,1605.1 mi
79
IN-436656
Dirt · Power at road
62.1Aug 21, 2025$296,8004,7805,3344.5 mi
77
IN-337633
Gravel · Power at road
126.0Jul 25, 2026$726,7005,7676,3066.6 mi
72
IN-696545
Gravel · Off grid
57.3Jul 22, 2025$430,8007,5198,3726.9 mi
72
IN-724616
Gravel · Off grid
14.2Jul 27, 2026$121,2008,5577,3496.9 mi
68
IN-946577
Gravel · Off grid
58.6Jul 27, 2024$446,0007,6068,8488.0 mi
67
IN-987029
Landlocked · Power at road
81.3Jan 2, 2025$527,6006,4859,9746.3 mi
66
Show adjustment detail for the top comp
  • Tract size (23.22 ac → 44.21 ac)-10.1%
  • 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.