IN-262261
5788 County Road 187
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Grant County, Indiana. Tillable ground plus small recreational tracts near the Hoosier National Forest.
View Grant market data →Step 1 · Is this a deal?
1 item to verify before you offer.
Little to no mapped wetland coverage.
Gentle grade, straightforward to develop.
Outside the mapped floodplain.
289 ft of deeded road frontage.
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 8 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 $3,323 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| IN-543124 Paved · Power at road | 4.8 | Jul 27, 2026 | $71,800 | 14,919 | 9,461 | 6.0 mi | 75 |
| IN-871337 Dirt · Power at road | 1.3 | Jul 13, 2025 | $12,700 | 9,634 | 8,457 | 9.3 mi | 71 |
| IN-472902 Dirt · Full utilities | 4.1 | Dec 30, 2024 | $71,600 | 17,516 | 13,229 | 4.4 mi | 70 |
| IN-741927 Dirt · Full utilities | 2.0 | Jul 17, 2024 | $36,000 | 17,829 | 13,434 | 8.1 mi | 70 |
| IN-990685 Dirt · Power at road | 0.8 | May 28, 2025 | $8,300 | 10,162 | 8,920 | 2.0 mi | 66 |
| IN-321574 Paved · Off grid | 1.6 | Aug 25, 2024 | $22,300 | 14,322 | 11,190 | 7.6 mi | 66 |
| IN-593305 Dirt · Full utilities | 5.5 | Jun 1, 2025 | $98,100 | 17,907 | 13,472 | 9.7 mi | 65 |
| IN-970970 Dirt · Full utilities | 1.0 | May 31, 2024 | $14,400 | 14,237 | 10,671 | 7.6 mi | 60 |
Show adjustment detail for the top comp
- Tract size (4.81 ac → 2.57 ac)+2.2%
- Access (Paved → Dirt)-27.1%
- Utilities (Power at road → Off grid)-15.0%
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.