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Jackson County, IN · Sold

IN-854632

282 County Road 367

$46,900
$3,273/ac · 14.33 ac
Acreage14.33 ac
Price per acre$3,273/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesOff grid
TopographyMixed
ListedApr 8, 2025
Coordinates38.8345, -86.0848
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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
45
Moderate risk
Wetlands10.5% of tract

Little to no mapped wetland coverage.

Average slope6.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power7,796 ft away

A long utility run — price in solar/off-grid instead.

Buildable area12.18 of 14.33 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$62,481
$46,913$78,049 · $4,360/ac on 14.33 ac
Asking vs estimate
-24.9%
Priced below the comp set

Weighted from 8 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 $46,900
Maximum allowable offer
$35,703
$2,492/ac · +30.0% target margin

You need $11,197 off asking to hit this margin.

All-in cost$38,738
Net resale$57,483
Projected profit$18,745
ROI+48.4%
Annualized+69.3%
Break-even resale$2,938/ac
Profit if resale lands off target
-20%
$7,248
-10%
$12,997
0%
$18,745
+10%
$24,493
+20%
$30,241
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-614342
Dirt · Off grid
11.6Jan 29, 2026$77,6006,6855,2989.8 mi
77
IN-725401
Landlocked · Off grid
25.0Dec 3, 2024$69,5002,7803,1926.1 mi
69
IN-625871
Landlocked · Power at road
35.2Feb 9, 2026$199,9005,6855,5847.3 mi
69
IN-223581
Dirt · Power at road
6.7Sep 3, 2025$33,6005,0283,3086.4 mi
66
IN-142953
Landlocked · Full utilities
4.3Jul 27, 2025$20,6004,8413,2434.7 mi
64
IN-823002
Gravel · Full utilities
4.4Feb 6, 2026$52,00011,8175,27510.2 mi
62
IN-555385
Dirt · Power at road
24.7Jun 18, 2024$173,8007,0295,51310.7 mi
61
IN-633095
Dirt · Full utilities
4.7Apr 25, 2024$27,5005,8463,2677.2 mi
56
Show adjustment detail for the top comp
  • Tract size (11.61 ac → 14.33 ac)-2.0%
  • Access (Dirt → Landlocked)-20.9%
  • Market time (7 mo)+2.3%

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.