IN-849351
5171 County Road 47
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Porter County, Indiana. Tillable ground plus small recreational tracts near the Hoosier National Forest.
View Porter market data →Step 1 · Is this a deal?
5 items to verify before you offer.
Partial wetlands. Verify the delineated build envelope.
Gentle grade, straightforward to develop.
Moderate flood hazard on part of the tract.
Access by easement; pull and read the recorded document.
A long utility run — price in solar/off-grid instead.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 6 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $202,027 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| IN-318968 Dirt · Power at road | 331.4 | Mar 6, 2026 | $2,291,500 | 6,914 | 5,513 | 3.4 mi | 81 |
| IN-369271 Paved · Power at road | 412.8 | Feb 2, 2024 | $2,720,000 | 6,589 | 4,439 | 8.0 mi | 70 |
| IN-337633 Gravel · Power at road | 126.0 | Jul 25, 2026 | $726,700 | 5,767 | 2,975 | 5.1 mi | 68 |
| IN-617273 Landlocked · Power at road | 97.1 | Jun 29, 2026 | $524,500 | 5,402 | 3,849 | 2.0 mi | 68 |
| IN-909862 Paved · Full utilities | 633.4 | Feb 1, 2024 | $3,629,000 | 5,729 | 3,601 | 7.1 mi | 64 |
| IN-987029 Landlocked · Power at road | 81.3 | Jan 2, 2025 | $527,600 | 6,485 | 4,705 | 1.9 mi | 57 |
Show adjustment detail for the top comp
- Tract size (331.45 ac → 437.44 ac)-7.9%
- Utilities (Power at road → Off grid)-15.0%
- Market time (5 mo)+1.9%
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.