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Jackson County, IN · Sold

IN-867487

8989 County Road 266

$456,100
$4,023/ac · 113 ac
Acreage113 ac
Price per acre$4,023/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographyRolling
ListedOct 10, 2023
Coordinates38.9665, -85.9799
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
Wetlands9.9% of tract

Little to no mapped wetland coverage.

Average slope11.4%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,122 ft of deeded road frontage.

Power103 ft away

Power at or near the road.

Buildable area97.03 of 113.36 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$612,780
$442,952$782,607 · $5,406/ac on 113 ac
Asking vs estimate
-25.6%
Priced below the comp set

Weighted from 9 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 $456,100
Maximum allowable offer
$350,160
$3,089/ac · +30.0% target margin

You need $105,940 off asking to hit this margin.

All-in cost$379,924
Net resale$563,757
Projected profit$183,834
ROI+48.4%
Annualized+69.2%
Break-even resale$3,643/ac
Profit if resale lands off target
-20%
$71,082
-10%
$127,458
0%
$183,834
+10%
$240,209
+20%
$296,585
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-246418
Gravel · Off grid
52.3May 18, 2026$318,9006,1026,0722.7 mi
76
IN-338651
Dirt · Full utilities
263.4Jul 27, 2026$1,619,2006,1467,3840.9 mi
76
IN-719439
Gravel · Power at road
466.2May 30, 2025$1,219,3002,6154,0894.0 mi
68
IN-168027
Dirt · Off grid
167.6Aug 25, 2024$416,9002,4874,0834.6 mi
68
IN-625871
Landlocked · Power at road
35.2Feb 9, 2026$199,9005,6856,6364.7 mi
67
IN-749802
Gravel · Full utilities
606.5Aug 5, 2025$2,861,6004,7196,5013.2 mi
62
IN-479691
Dirt · Off grid
559.6Nov 8, 2025$741,8001,3262,9436.6 mi
59
IN-555385
Dirt · Power at road
24.7Jun 18, 2024$173,8007,0296,5515.5 mi
56
IN-725401
Landlocked · Off grid
25.0Dec 3, 2024$69,5002,7803,7935.2 mi
55
Show adjustment detail for the top comp
  • Tract size (52.26 ac → 113.36 ac)-16.3%
  • 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.