Porter County, IN · Sold

IN-724616

9056 County Road 359

$144,000

$10,162/ac · 14.17 ac

Offer report Market this tract

Acreage14.17 ac

Price per acre$10,162/ac

ZoningResidential

Road accessGravel

UtilitiesOff grid

TopographyMixed

ListedApr 7, 2026

Coordinates41.5289, -87.1314

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

1 item to verify before you offer.

Risk index

Low risk

Wetlands2.3% of tract

Little to no mapped wetland coverage.

Average slope4.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

694 ft of deeded road frontage.

Power2,308 ft away

Service extension needed; get a utility quote.

Buildable area13.15 of 14.17 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$125,627

$103,706 – $147,548 · $8,866/ac on 14.17 ac

Asking vs estimate

+14.6%

Priced above the comp set

Weighted from 8 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 $144,000

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$71,787

$5,066/ac · +30.0% target margin

You need $72,213 off asking to hit this margin.

All-in cost$77,889

Net resale$115,577

Projected profit$37,688

ROI+48.4%

Annualized+69.2%

Break-even resale$5,975/ac

Profit if resale lands off target

-20%

$14,573

-10%

$26,131

$37,688

+10%

$49,246

+20%

$60,804

Comparable sales8 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IN-544399 Gravel · Off grid	12.1	Oct 27, 2025	$99,700	8,239	8,386	7.3 mi	80
IN-165298 Dirt · Full utilities	23.2	Jul 27, 2026	$262,300	11,296	9,735	6.4 mi	76
IN-786187 Dirt · Power at road	44.2	Jul 27, 2026	$289,000	6,537	7,645	6.9 mi	68
IN-276080 Paved · Full utilities	40.9	Jan 13, 2026	$653,800	15,981	11,250	2.2 mi	68
IN-696545 Gravel · Off grid	57.3	Jul 22, 2025	$430,800	7,519	9,769	1.9 mi	66
IN-902313 Gravel · Off grid	2.7	Jan 21, 2026	$21,400	7,997	7,433	7.6 mi	64
IN-436656 Dirt · Power at road	62.1	Aug 21, 2025	$296,800	4,780	6,224	3.8 mi	61
IN-946577 Gravel · Off grid	58.6	Jul 27, 2024	$446,000	7,606	10,325	7.0 mi	58

Show adjustment detail for the top comp

Tract size (12.1 ac → 14.17 ac)-1.5%
Market time (10 mo)+3.4%

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.

Build the listing kit Post a deal or JV