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Jackson County, IN · Sold

IN-625871

2137 County Road 291

$214,700
$6,106/ac · 35.16 ac
Acreage35.16 ac
Price per acre$6,106/ac
ZoningResidential
Road accessLandlocked
UtilitiesPower at road
TopographyFlat
ListedDec 31, 2024
Coordinates38.8982, -85.9761
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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
61
High risk
Wetlands35.8% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.3%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power143 ft away

Power at or near the road.

Buildable area21.44 of 35.16 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$158,408
$121,301$195,515 · $4,505/ac on 35.16 ac
Asking vs estimate
+35.5%
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 $214,700
Maximum allowable offer
$90,519
$2,574/ac · +30.0% target margin

You need $124,181 off asking to hit this margin.

All-in cost$98,213
Net resale$145,735
Projected profit$47,522
ROI+48.4%
Annualized+69.2%
Break-even resale$3,036/ac
Profit if resale lands off target
-20%
$18,375
-10%
$32,949
0%
$47,522
+10%
$62,096
+20%
$76,669
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-246418
Gravel · Off grid
52.3May 18, 2026$318,9006,1025,3146.2 mi
76
IN-725401
Landlocked · Off grid
25.0Dec 3, 2024$69,5002,7803,3201.3 mi
74
IN-555385
Dirt · Power at road
24.7Jun 18, 2024$173,8007,0295,7338.3 mi
71
IN-854632
Landlocked · Off grid
14.3Jun 7, 2025$46,9003,2733,5747.3 mi
65
IN-614342
Dirt · Off grid
11.6Jan 29, 2026$77,6006,6855,5108.1 mi
64
IN-867487
Gravel · Power at road
113.4Mar 12, 2024$398,2003,5123,3884.7 mi
58
Show adjustment detail for the top comp
  • Tract size (52.26 ac → 35.16 ac)+7.7%
  • Access (Gravel → Landlocked)-32.0%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (3 mo)+1.0%

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.