← New search
Kosciusko County, IN · Sold

IN-392964

9131 County Road 117

$26,500
$6,192/ac · 4.28 ac
Acreage4.28 ac
Price per acre$6,192/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesOff grid
TopographySloped
ListedJul 17, 2024
Coordinates41.2438, -85.7647
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

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

View Kosciusko market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
48
Moderate risk
Wetlands3.1% of tract

Little to no mapped wetland coverage.

Average slope18.1%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power7,908 ft away

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

Buildable area3.32 of 4.28 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$22,407
$18,623$26,191 · $5,235/ac on 4.28 ac
Asking vs estimate
+18.3%
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 $26,500
Maximum allowable offer
$12,804
$2,992/ac · +30.0% target margin

You need $13,696 off asking to hit this margin.

All-in cost$13,892
Net resale$20,615
Projected profit$6,722
ROI+48.4%
Annualized+69.3%
Break-even resale$3,528/ac
Profit if resale lands off target
-20%
$2,599
-10%
$4,661
0%
$6,722
+10%
$8,784
+20%
$10,845
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-623703
Paved · Power at road
7.3Jul 27, 2026$90,90012,4396,2742.0 mi
79
IN-943346
Gravel · Power at road
5.7Oct 7, 2025$59,00010,4506,3362.0 mi
76
IN-892272
Dirt · Power at road
2.6Jan 21, 2026$19,0007,3324,9643.4 mi
74
IN-113946
Landlocked · Power at road
8.7Aug 23, 2024$45,5005,2164,9932.7 mi
67
IN-911689
Landlocked · Off grid
1.7Oct 29, 2024$6,7003,9224,1144.6 mi
65
IN-114534
Paved · Off grid
13.3Dec 20, 2024$111,3008,3375,5398.7 mi
63
IN-554596
Dirt · Full utilities
14.0Nov 30, 2024$85,1006,0943,8968.2 mi
56
Show adjustment detail for the top comp
  • Tract size (7.31 ac → 4.28 ac)+2.7%
  • Access (Paved → Landlocked)-42.4%
  • 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.