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Jackson County, IN · Sold

IN-246418

4509 County Road 111

$297,200
$5,687/ac · 52.26 ac
Acreage52.26 ac
Price per acre$5,687/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedMar 25, 2025
Coordinates38.9778, -86.0289
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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

4 items to verify before you offer.

Risk index
22
Low risk
Wetlands12.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,009 ft of deeded road frontage.

Power4,660 ft away

Service extension needed; get a utility quote.

Buildable area43.24 of 52.26 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$267,576
$197,015$338,136 · $5,120/ac on 52.26 ac
Asking vs estimate
+11.1%
Priced above 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 $297,200
Maximum allowable offer
$152,900
$2,926/ac · +30.0% target margin

You need $144,300 off asking to hit this margin.

All-in cost$165,897
Net resale$246,169
Projected profit$80,273
ROI+48.4%
Annualized+69.3%
Break-even resale$3,450/ac
Profit if resale lands off target
-20%
$31,039
-10%
$55,656
0%
$80,273
+10%
$104,890
+20%
$129,507
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-625871
Landlocked · Power at road
35.2Feb 9, 2026$199,9005,6856,7386.2 mi
74
IN-867487
Gravel · Power at road
113.4Mar 12, 2024$398,2003,5123,9302.7 mi
65
IN-725401
Landlocked · Off grid
25.0Dec 3, 2024$69,5002,7803,8526.1 mi
64
IN-555385
Dirt · Power at road
24.7Jun 18, 2024$173,8007,0296,6522.7 mi
63
IN-168027
Dirt · Off grid
167.6Aug 25, 2024$416,9002,4874,1455.7 mi
59
Show adjustment detail for the top comp
  • Tract size (35.16 ac → 52.26 ac)-7.2%
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (6 mo)+2.2%

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.