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Grant County, IN · Sold

IN-527134

8415 County Road 321

$869,000
$9,900/ac · 87.78 ac
Acreage87.78 ac
Price per acre$9,900/ac
ZoningUnzoned
Road accessPaved
UtilitiesPower at road
TopographyMixed
ListedJul 15, 2026
Coordinates40.4937, -85.5598
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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

Grant County, Indiana. Tillable ground plus small recreational tracts near the Hoosier National Forest.

View Grant market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
13
Low risk
Wetlands10.3% of tract

Little to no mapped wetland coverage.

Average slope5.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,607 ft of deeded road frontage.

Power18 ft away

Power at or near the road.

Buildable area74.80 of 87.78 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$962,499
$854,012$1,070,987 · $10,965/ac on 87.78 ac
Asking vs estimate
-9.7%
Priced below 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 $869,000
Maximum allowable offer
$550,000
$6,266/ac · +30.0% target margin

You need $319,000 off asking to hit this margin.

All-in cost$596,750
Net resale$885,499
Projected profit$288,749
ROI+48.4%
Annualized+69.2%
Break-even resale$7,389/ac
Profit if resale lands off target
-20%
$111,650
-10%
$200,199
0%
$288,749
+10%
$377,299
+20%
$465,849
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-287311
Landlocked · Off grid
99.8Jul 27, 2026$438,2004,3919,2688.4 mi
81
IN-117623
Paved · Power at road
125.1Sep 10, 2025$1,428,20011,41612,9542.2 mi
79
IN-498426
Gravel · Off grid
223.8Jul 27, 2026$1,312,4005,86410,4303.5 mi
77
IN-587707
Dirt · Power at road
132.9Mar 12, 2025$931,8007,00811,3093.8 mi
71
IN-546308
Gravel · Off grid
48.3Sep 11, 2025$416,9008,63810,9314.4 mi
69
Show adjustment detail for the top comp
  • Tract size (99.79 ac → 87.78 ac)+3.2%
  • Access (Landlocked → Paved)+73.5%
  • 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.