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Jasper County, IN · Sold

IN-663719

7937 County Road 164

$36,900
$4,986/ac · 7.40 ac
Acreage7.40 ac
Price per acre$4,986/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedMay 10, 2026
Coordinates41.0512, -87.0922
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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

4 items to verify before you offer.

Risk index
26
Low risk
Wetlands18.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

608 ft of deeded road frontage.

Power6,746 ft away

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

Buildable area5.75 of 7.40 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$39,908
$31,572$48,244 · $5,393/ac on 7.40 ac
Asking vs estimate
-7.5%
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 $36,900
Maximum allowable offer
$22,805
$3,082/ac · +30.0% target margin

You need $14,095 off asking to hit this margin.

All-in cost$24,743
Net resale$36,715
Projected profit$11,972
ROI+48.4%
Annualized+69.2%
Break-even resale$3,634/ac
Profit if resale lands off target
-20%
$4,629
-10%
$8,300
0%
$11,972
+10%
$15,643
+20%
$19,315
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-423464
Dirt · Off grid
6.2Jul 19, 2024$30,6004,9686,2135.1 mi
77
IN-234756
Paved · Power at road
15.7Jun 24, 2026$107,0006,8265,2736.2 mi
72
IN-891801
Gravel · Off grid
1.8Jul 27, 2026$7,9004,2874,0815.0 mi
72
IN-486032
Paved · Power at road
39.5Jul 27, 2026$323,1008,1787,1992.4 mi
67
IN-735365
Gravel · Off grid
24.4Mar 24, 2025$94,6003,8814,6312.9 mi
66
IN-294292
Paved · Off grid
11.2Feb 8, 2024$78,3006,9896,7569.9 mi
64
IN-501444
Landlocked · Full utilities
1.4Mar 10, 2026$5,8004,0814,0262.2 mi
64
IN-401362
Dirt · Power at road
1.3May 21, 2026$6,9005,1754,8829.5 mi
61
Show adjustment detail for the top comp
  • Tract size (6.15 ac → 7.4 ac)-1.1%
  • Access (Dirt → Gravel)+16.3%
  • Market time (25 mo)+8.7%

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.