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Jackson County, IN · Sold

IN-830298

847 County Road 246

$7,400
$11,935/ac · 0.62 ac
Acreage0.62 ac
Price per acre$11,935/ac
ZoningRecreational
Road accessPaved
UtilitiesPower at road
TopographyFlat
ListedAug 18, 2024
Coordinates38.9763, -86.0107
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

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
44
Moderate risk
Wetlands33.9% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.6%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power99 ft away

Power at or near the road.

Buildable area0.39 of 0.62 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$5,743
$4,448$7,038 · $9,263/ac on 0.62 ac
Asking vs estimate
+28.9%
Priced above the comp set

Weighted from 6 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 $7,400
Maximum allowable offer
$3,282
$5,293/ac · +30.0% target margin

You need $4,118 off asking to hit this margin.

All-in cost$3,561
Net resale$5,283
Projected profit$1,722
ROI+48.4%
Annualized+69.2%
Break-even resale$6,243/ac
Profit if resale lands off target
-20%
$666
-10%
$1,194
0%
$1,722
+10%
$2,251
+20%
$2,779
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-170160
Landlocked · Full utilities
0.6May 25, 2026$3,6006,4009,18411.5 mi
79
IN-823002
Gravel · Full utilities
4.4Feb 6, 2026$52,00011,81712,1231.8 mi
62
IN-142953
Landlocked · Full utilities
4.3Jul 27, 2025$20,6004,8417,4537.9 mi
59
IN-812541
Dirt · Full utilities
3.1Aug 6, 2024$17,5005,5576,9563.3 mi
55
IN-722367
Dirt · Off grid
2.8Dec 7, 2024$18,9006,81412,0407.4 mi
54
IN-633095
Dirt · Full utilities
4.7Apr 25, 2024$27,5005,8467,5075.5 mi
50
Show adjustment detail for the top comp
  • Access (Landlocked → Paved)+73.5%
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (3 mo)+0.9%

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.