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Porter County, IN · Sold

IN-369271

1977 County Road 317

$2,612,900
$6,330/ac · 413 ac
Acreage413 ac
Price per acre$6,330/ac
ZoningRecreational
Road accessPaved
UtilitiesPower at road
TopographySloped
ListedNov 5, 2023
Coordinates41.4422, -87.1440
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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

3 items to verify before you offer.

Risk index
23
Low risk
Wetlands4.7% of tract

Little to no mapped wetland coverage.

Average slope14.4%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power181 ft away

Power at or near the road.

Buildable area314.73 of 412.81 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,598,952
$1,884,417$3,313,486 · $6,296/ac on 413 ac
Asking vs estimate
+0.5%
In line with 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 $2,612,900
Maximum allowable offer
$1,485,115
$3,598/ac · +30.0% target margin

You need $1,127,785 off asking to hit this margin.

All-in cost$1,611,350
Net resale$2,391,036
Projected profit$779,686
ROI+48.4%
Annualized+69.2%
Break-even resale$4,243/ac
Profit if resale lands off target
-20%
$301,479
-10%
$540,582
0%
$779,686
+10%
$1,018,789
+20%
$1,257,893
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-849351
Dirt · Off grid
437.4Jul 27, 2026$1,100,7002,5164,1428.0 mi
83
IN-318968
Dirt · Power at road
331.4Mar 6, 2026$2,291,5006,9149,0565.6 mi
80
IN-337633
Gravel · Power at road
126.0Jul 25, 2026$726,7005,7674,8866.6 mi
71
IN-617273
Landlocked · Power at road
97.1Jun 29, 2026$524,5005,4026,3226.1 mi
67
IN-909862
Paved · Full utilities
633.4Feb 1, 2024$3,629,0005,7295,91512.5 mi
64
IN-987029
Landlocked · Power at road
81.3Jan 2, 2025$527,6006,4857,7277.7 mi
55
Show adjustment detail for the top comp
  • Tract size (437.44 ac → 412.81 ac)+1.7%
  • Access (Dirt → Paved)+37.2%
  • 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.