← New search
Jasper County, IN · Sold

IN-486032

7031 County Road 388

$305,400
$7,730/ac · 39.51 ac
Acreage39.51 ac
Price per acre$7,730/ac
ZoningRecreational
Road accessPaved
UtilitiesPower at road
TopographyRolling
ListedMar 3, 2026
Coordinates41.0304, -87.1283
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

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
17
Low risk
Wetlands11.1% of tract

Little to no mapped wetland coverage.

Average slope9.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,404 ft of deeded road frontage.

Power73 ft away

Power at or near the road.

Buildable area33.37 of 39.51 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$214,345
$197,198$231,493 · $5,425/ac on 39.51 ac
Asking vs estimate
+42.5%
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 $305,400
Maximum allowable offer
$122,483
$3,100/ac · +30.0% target margin

You need $182,917 off asking to hit this margin.

All-in cost$132,894
Net resale$197,198
Projected profit$64,304
ROI+48.4%
Annualized+69.2%
Break-even resale$3,656/ac
Profit if resale lands off target
-20%
$24,864
-10%
$44,584
0%
$64,304
+10%
$84,023
+20%
$103,743
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-437045
Paved · Power at road
82.3Jul 27, 2026$367,0004,4605,2113.0 mi
80
IN-234756
Paved · Power at road
15.7Jun 24, 2026$107,0006,8266,0043.9 mi
77
IN-896594
Gravel · Power at road
59.4Aug 31, 2024$220,6003,7165,1424.8 mi
69
IN-735365
Gravel · Off grid
24.4Mar 24, 2025$94,6003,8815,2724.9 mi
68
IN-836967
Gravel · Full utilities
77.8Mar 8, 2025$348,2004,4775,2834.4 mi
65
IN-176854
Dirt · Off grid
71.7Oct 4, 2024$182,5002,5465,0044.6 mi
65
IN-117280
Gravel · Off grid
97.6Oct 30, 2024$326,0003,3416,0574.6 mi
62
Show adjustment detail for the top comp
  • Tract size (82.3 ac → 39.51 ac)+16.6%

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.