Jasper County, IN · Sold

IN-176854

3789 County Road 262

$222,500

$3,105/ac · 71.67 ac

Offer report Market this tract

Acreage71.67 ac

Price per acre$3,105/ac

ZoningUnzoned

Road accessDirt

UtilitiesOff grid

TopographyMixed

ListedDec 17, 2023

Coordinates41.0405, -87.0418

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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

1 item to verify before you offer.

Risk index

Low risk

Wetlands7.7% of tract

Little to no mapped wetland coverage.

Average slope8.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,143 ft of deeded road frontage.

Power3,554 ft away

Service extension needed; get a utility quote.

Buildable area62.84 of 71.67 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$226,616

$185,035 – $268,197 · $3,162/ac on 71.67 ac

Asking vs estimate

-1.8%

In line with 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 $222,500

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$129,495

$1,807/ac · +30.0% target margin

You need $93,005 off asking to hit this margin.

All-in cost$140,502

Net resale$208,487

Projected profit$67,984

ROI+48.4%

Annualized+69.2%

Break-even resale$2,131/ac

Profit if resale lands off target

-20%

$26,287

-10%

$47,136

$67,984

+10%

$88,833

+20%

$109,682

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IN-437045 Paved · Power at road	82.3	Jul 27, 2026	$367,000	4,460	2,858	3.5 mi	89
IN-486032 Paved · Power at road	39.5	Jul 27, 2026	$323,100	8,178	4,496	4.6 mi	76
IN-836967 Gravel · Full utilities	77.8	Mar 8, 2025	$348,200	4,477	2,898	8.3 mi	73
IN-735365 Gravel · Off grid	24.4	Mar 24, 2025	$94,600	3,881	2,892	0.5 mi	71
IN-896594 Gravel · Power at road	59.4	Aug 31, 2024	$220,600	3,716	2,821	8.0 mi	69
IN-117280 Gravel · Off grid	97.6	Oct 30, 2024	$326,000	3,341	3,323	9.0 mi	68
IN-208227 Landlocked · Power at road	193.8	Feb 14, 2026	$384,200	1,983	2,801	5.9 mi	66

Show adjustment detail for the top comp

Tract size (82.3 ac → 71.67 ac)+3.2%
Access (Paved → Dirt)-27.1%
Utilities (Power at road → Off grid)-15.0%

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.

Build the listing kit Post a deal or JV