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Porter County, IN · Sold

IN-891457

2515 County Road 224

$13,200
$9,167/ac · 1.44 ac
Acreage1.44 ac
Price per acre$9,167/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesPower at road
TopographyMixed
ListedApr 28, 2025
Coordinates41.5389, -86.9919
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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

1 item to verify before you offer.

Risk index
35
Moderate risk
Wetlands7.9% of tract

Little to no mapped wetland coverage.

Average slope9.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power59 ft away

Power at or near the road.

Buildable area1.26 of 1.44 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$10,643
$9,118$12,168 · $7,391/ac on 1.44 ac
Asking vs estimate
+24.0%
Priced above 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 $13,200
Maximum allowable offer
$6,082
$4,223/ac · +30.0% target margin

You need $7,118 off asking to hit this margin.

All-in cost$6,599
Net resale$9,791
Projected profit$3,192
ROI+48.4%
Annualized+69.2%
Break-even resale$4,981/ac
Profit if resale lands off target
-20%
$1,234
-10%
$2,213
0%
$3,192
+10%
$4,172
+20%
$5,151
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-821332
Dirt · Full utilities
1.3Jul 27, 2026$14,60011,1467,2302.5 mi
90
IN-902313
Gravel · Off grid
2.7Jan 21, 2026$21,4007,9976,6301.0 mi
74
IN-940321
Gravel · Full utilities
0.6Jul 27, 2026$9,10014,5138,0404.5 mi
73
IN-330791
Gravel · Full utilities
0.9Jan 11, 2026$12,30013,8347,8589.1 mi
70
IN-191990
Dirt · Off grid
2.1Sep 8, 2025$12,2005,7975,6428.3 mi
70
IN-722127
Gravel · Off grid
2.3Apr 3, 2025$24,80010,6629,1018.6 mi
66
Show adjustment detail for the top comp
  • Access (Dirt → Landlocked)-20.9%
  • 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.