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Grant County, IN · Sold

IN-741927

1144 County Road 230

$41,300
$20,446/ac · 2.02 ac
Acreage2.02 ac
Price per acre$20,446/ac
ZoningResidential
Road accessDirt
UtilitiesFull utilities
TopographySloped
ListedNov 29, 2023
Coordinates40.5030, -85.7213
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

2 items to verify before you offer.

Risk index
14
Low risk
Wetlands2.0% of tract

Little to no mapped wetland coverage.

Average slope16.8%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

149 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area1.58 of 2.02 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$29,449
$23,656$35,241 · $14,579/ac on 2.02 ac
Asking vs estimate
+40.2%
Priced above the comp set

Weighted from 10 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 $41,300
Maximum allowable offer
$16,828
$8,331/ac · +30.0% target margin

You need $24,472 off asking to hit this margin.

All-in cost$18,258
Net resale$27,093
Projected profit$8,834
ROI+48.4%
Annualized+69.2%
Break-even resale$9,825/ac
Profit if resale lands off target
-20%
$3,416
-10%
$6,125
0%
$8,834
+10%
$11,544
+20%
$14,253
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-262261
Dirt · Off grid
2.6Jul 27, 2026$19,6007,61911,0198.1 mi
82
IN-543124
Paved · Power at road
4.8Jul 27, 2026$71,80014,91913,6543.7 mi
73
IN-593305
Dirt · Full utilities
5.5Jun 1, 2025$98,10017,90719,4423.0 mi
73
IN-230369
Dirt · Power at road
0.7Jul 27, 2026$6,0009,30411,2185.0 mi
72
IN-871337
Dirt · Power at road
1.3Jul 13, 2025$12,7009,63412,2056.1 mi
72
IN-321574
Paved · Off grid
1.6Aug 25, 2024$22,30014,32216,1482.1 mi
71
IN-472902
Dirt · Full utilities
4.1Dec 30, 2024$71,60017,51619,0918.4 mi
71
IN-140388
Dirt · Power at road
0.7Jul 27, 2026$8,40012,67115,2798.2 mi
70
IN-970970
Dirt · Full utilities
1.0May 31, 2024$14,40014,23715,3990.9 mi
69
IN-990685
Dirt · Power at road
0.8May 28, 2025$8,30010,16212,8738.6 mi
68
Show adjustment detail for the top comp
  • Tract size (2.57 ac → 2.02 ac)+0.5%
  • Utilities (Off grid → Full utilities)+43.5%

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.