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Grant County, IN · Sold

IN-970970

3003 County Road 162

$17,200
$17,030/ac · 1.01 ac
Acreage1.01 ac
Price per acre$17,030/ac
ZoningUnzoned
Road accessDirt
UtilitiesFull utilities
TopographyWooded
ListedNov 22, 2023
Coordinates40.4918, -85.7116
Loading terrain…
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

No material red flags on the mapped layers.

Risk index
13
Low risk
Wetlands8.7% of tract

Little to no mapped wetland coverage.

Average slope9.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

216 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area0.88 of 1.01 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$14,239
$11,388$17,091 · $14,098/ac on 1.01 ac
Asking vs estimate
+20.8%
Priced above the comp set

Weighted from 7 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 $17,200
Maximum allowable offer
$8,137
$8,056/ac · +30.0% target margin

You need $9,063 off asking to hit this margin.

All-in cost$8,829
Net resale$13,100
Projected profit$4,272
ROI+48.4%
Annualized+69.2%
Break-even resale$9,501/ac
Profit if resale lands off target
-20%
$1,652
-10%
$2,962
0%
$4,272
+10%
$5,582
+20%
$6,892
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-230369
Dirt · Power at road
0.7Jul 27, 2026$6,0009,30411,3344.1 mi
81
IN-140388
Dirt · Power at road
0.7Jul 27, 2026$8,40012,67115,4367.6 mi
80
IN-871337
Dirt · Power at road
1.3Jul 13, 2025$12,7009,63412,3316.8 mi
74
IN-990685
Dirt · Power at road
0.8May 28, 2025$8,30010,16213,0068.3 mi
74
IN-321574
Paved · Off grid
1.6Aug 25, 2024$22,30014,32216,3151.2 mi
73
IN-262261
Dirt · Off grid
2.6Jul 27, 2026$19,6007,61911,1337.6 mi
73
IN-741927
Dirt · Full utilities
2.0Jul 17, 2024$36,00017,82919,5870.9 mi
70
Show adjustment detail for the top comp
  • Utilities (Power at road → Full utilities)+22.0%

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.