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Grant County, IN · Sold

IN-498426

1707 County Road 128

$1,276,700
$5,704/ac · 224 ac
Acreage224 ac
Price per acre$5,704/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedNov 28, 2025
Coordinates40.5325, -85.6040
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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

3 items to verify before you offer.

Risk index
16
Low risk
Wetlands11.8% of tract

Little to no mapped wetland coverage.

Average slope3.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,135 ft of deeded road frontage.

Power5,066 ft away

A long utility run — price in solar/off-grid instead.

Buildable area187.54 of 223.82 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,367,961
$1,206,572$1,529,350 · $6,112/ac on 224 ac
Asking vs estimate
-6.7%
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 $1,276,700
Maximum allowable offer
$781,692
$3,493/ac · +30.0% target margin

You need $495,008 off asking to hit this margin.

All-in cost$848,136
Net resale$1,258,524
Projected profit$410,389
ROI+48.4%
Annualized+69.2%
Break-even resale$4,119/ac
Profit if resale lands off target
-20%
$158,684
-10%
$284,536
0%
$410,389
+10%
$536,241
+20%
$662,093
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-527134
Paved · Power at road
87.8Jul 27, 2026$867,3009,8805,5793.5 mi
77
IN-287311
Landlocked · Off grid
99.8Jul 27, 2026$438,2004,3915,2228.0 mi
73
IN-117623
Paved · Power at road
125.1Sep 10, 2025$1,428,20011,4167,2991.7 mi
72
IN-587707
Dirt · Power at road
132.9Mar 12, 2025$931,8007,0086,3721.9 mi
69
IN-546308
Gravel · Off grid
48.3Sep 11, 2025$416,9008,6386,1581.8 mi
66
Show adjustment detail for the top comp
  • Tract size (87.78 ac → 223.82 ac)-21.8%
  • Access (Paved → Gravel)-15.3%
  • 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.