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Porter County, IN · Sold

IN-318968

8122 County Road 372

$2,155,700
$6,504/ac · 331 ac
Acreage331 ac
Price per acre$6,504/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographySloped
ListedJun 1, 2025
Coordinates41.4858, -87.0529
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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

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
28
Low risk
Wetlands5.6% of tract

Little to no mapped wetland coverage.

Average slope30.4%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,895 ft of deeded road frontage.

Power242 ft away

Power at or near the road.

Buildable area187.73 of 331.45 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,455,770
$1,167,738$1,743,801 · $4,392/ac on 331 ac
Asking vs estimate
+48.1%
Priced above the comp set

Weighted from 5 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 $2,155,700
Maximum allowable offer
$831,868
$2,510/ac · +30.0% target margin

You need $1,323,832 off asking to hit this margin.

All-in cost$902,577
Net resale$1,339,308
Projected profit$436,731
ROI+48.4%
Annualized+69.2%
Break-even resale$2,960/ac
Profit if resale lands off target
-20%
$168,870
-10%
$302,800
0%
$436,731
+10%
$570,662
+20%
$704,593
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-849351
Dirt · Off grid
437.4Jul 27, 2026$1,100,7002,5163,2213.4 mi
85
IN-617273
Landlocked · Power at road
97.1Jun 29, 2026$524,5005,4024,9161.8 mi
77
IN-337633
Gravel · Power at road
126.0Jul 25, 2026$726,7005,7673,8002.3 mi
76
IN-369271
Paved · Power at road
412.8Feb 2, 2024$2,720,0006,5895,6705.6 mi
70
IN-909862
Paved · Full utilities
633.4Feb 1, 2024$3,629,0005,7294,6007.1 mi
65
Show adjustment detail for the top comp
  • Tract size (437.44 ac → 331.45 ac)+8.6%
  • 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.