Jasper County, IN · Sold

IN-129967

4515 County Road 205

$2,723,500

$3,985/ac · 683 ac

Offer report Market this tract

Acreage683 ac

Price per acre$3,985/ac

ZoningMixed Use

Road accessGravel

UtilitiesFull utilities

TopographyWooded

ListedApr 2, 2026

Coordinates41.0049, -87.0505

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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

Jasper County, Indiana. Tillable ground plus small recreational tracts near the Hoosier National Forest.

View Jasper market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index

Low risk

Wetlands10.9% of tract

Little to no mapped wetland coverage.

Average slope7.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,956 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area578.51 of 683.46 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$1,910,388

$1,626,247 – $2,194,528 · $2,795/ac on 683 ac

Asking vs estimate

+42.6%

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 $2,723,500

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$1,091,650

$1,597/ac · +30.0% target margin

You need $1,631,850 off asking to hit this margin.

All-in cost$1,184,440

Net resale$1,757,557

Projected profit$573,117

ROI+48.4%

Annualized+69.2%

Break-even resale$1,884/ac

Profit if resale lands off target

-20%

$221,605

-10%

$397,361

$573,117

+10%

$748,872

+20%

$924,628

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IN-449767 Landlocked · Off grid	591.3	Jul 20, 2025	$635,300	1,074	2,267	8.3 mi	78
IN-289101 Landlocked · Power at road	365.0	Jul 27, 2026	$832,700	2,282	3,395	8.8 mi	73
IN-208227 Landlocked · Power at road	193.8	Feb 14, 2026	$384,200	1,983	2,506	4.2 mi	65
IN-569252 Dirt · Off grid	407.2	Feb 9, 2024	$855,000	2,100	3,313	6.1 mi	63
IN-437045 Paved · Power at road	82.3	Jul 27, 2026	$367,000	4,460	2,557	5.0 mi	63
IN-836967 Gravel · Full utilities	77.8	Mar 8, 2025	$348,200	4,477	2,593	8.8 mi	56
IN-117280 Gravel · Off grid	97.6	Oct 30, 2024	$326,000	3,341	2,973	9.0 mi	53

Show adjustment detail for the top comp

Tract size (591.28 ac → 683.46 ac)-4.3%
Access (Landlocked → Gravel)+47.1%
Utilities (Off grid → Full utilities)+43.5%
Market time (13 mo)+4.5%

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.

Build the listing kit Post a deal or JV