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Jackson County, IN · Sold

IN-823002

463 County Road 227

$52,100
$11,841/ac · 4.40 ac
Acreage4.40 ac
Price per acre$11,841/ac
ZoningResidential
Road accessGravel
UtilitiesFull utilities
TopographyWooded
ListedOct 15, 2025
Coordinates38.9605, -85.9845
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

1 item to verify before you offer.

Risk index
15
Low risk
Wetlands8.8% of tract

Little to no mapped wetland coverage.

Average slope2.1%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area3.81 of 4.40 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$38,387
$29,198$47,576 · $8,724/ac on 4.40 ac
Asking vs estimate
+35.7%
Priced above the comp set

Weighted from 7 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 $52,100
Maximum allowable offer
$21,935
$4,985/ac · +30.0% target margin

You need $30,165 off asking to hit this margin.

All-in cost$23,799
Net resale$35,316
Projected profit$11,517
ROI+48.4%
Annualized+69.3%
Break-even resale$5,879/ac
Profit if resale lands off target
-20%
$4,453
-10%
$7,985
0%
$11,517
+10%
$15,048
+20%
$18,580
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-142953
Landlocked · Full utilities
4.3Jul 27, 2025$20,6004,8417,4246.8 mi
78
IN-633095
Dirt · Full utilities
4.7Apr 25, 2024$27,5005,8467,4786.4 mi
73
IN-812541
Dirt · Full utilities
3.1Aug 6, 2024$17,5005,5576,9282.2 mi
72
IN-223581
Dirt · Power at road
6.7Sep 3, 2025$33,6005,0287,5724.0 mi
72
IN-722367
Dirt · Off grid
2.8Dec 7, 2024$18,9006,81411,9938.7 mi
69
IN-614342
Dirt · Off grid
11.6Jan 29, 2026$77,6006,68512,1285.7 mi
67
IN-854632
Landlocked · Off grid
14.3Jun 7, 2025$46,9003,2737,86710.2 mi
57
Show adjustment detail for the top comp
  • Access (Landlocked → Gravel)+47.1%
  • Market time (13 mo)+4.4%

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.