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Jackson County, IN · Sold

IN-719439

1417 County Road 270

$1,385,600
$2,972/ac · 466 ac
Acreage466 ac
Price per acre$2,972/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographyWooded
ListedAug 17, 2024
Coordinates38.9172, -85.9416
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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

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

View Jackson market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
15
Low risk
Wetlands15.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

5,057 ft of deeded road frontage.

Power20 ft away

Power at or near the road.

Buildable area374.71 of 466.23 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,581,049
$1,138,355$2,023,743 · $3,391/ac on 466 ac
Asking vs estimate
-12.4%
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 $1,385,600
Maximum allowable offer
$903,457
$1,938/ac · +30.0% target margin

You need $482,143 off asking to hit this margin.

All-in cost$980,251
Net resale$1,454,565
Projected profit$474,314
ROI+48.4%
Annualized+69.2%
Break-even resale$2,285/ac
Profit if resale lands off target
-20%
$183,401
-10%
$328,858
0%
$474,314
+10%
$619,771
+20%
$765,227
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-338651
Dirt · Full utilities
263.4Jul 27, 2026$1,619,2006,1464,9633.1 mi
78
IN-749802
Gravel · Full utilities
606.5Aug 5, 2025$2,861,6004,7194,3692.9 mi
77
IN-479691
Dirt · Off grid
559.6Nov 8, 2025$741,8001,3261,9783.7 mi
77
IN-867487
Gravel · Power at road
113.4Mar 12, 2024$398,2003,5122,6024.0 mi
64
IN-168027
Dirt · Off grid
167.6Aug 25, 2024$416,9002,4872,7443.1 mi
60
Show adjustment detail for the top comp
  • Tract size (263.44 ac → 466.23 ac)-15.5%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Full utilities → Power at road)-18.0%

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.