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Kosciusko County, IN · Sold

IN-519544

9666 County Road 188

$1,387,500
$2,758/ac · 503 ac
Acreage503 ac
Price per acre$2,758/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedJul 27, 2024
Coordinates41.2265, -85.8953
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

1 item to verify before you offer.

Risk index
17
Low risk
Wetlands9.3% of tract

Little to no mapped wetland coverage.

Average slope5.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,072 ft of deeded road frontage.

Power10,148 ft away

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

Buildable area433.48 of 503.08 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,641,976
$1,373,719$1,910,233 · $3,264/ac on 503 ac
Asking vs estimate
-15.5%
Priced below the comp set

Weighted from 6 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 $1,387,500
Maximum allowable offer
$938,272
$1,865/ac · +30.0% target margin

You need $449,228 off asking to hit this margin.

All-in cost$1,018,025
Net resale$1,510,618
Projected profit$492,593
ROI+48.4%
Annualized+69.2%
Break-even resale$2,200/ac
Profit if resale lands off target
-20%
$190,469
-10%
$341,531
0%
$492,593
+10%
$643,655
+20%
$794,717
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-769165
Gravel · Full utilities
382.3Nov 24, 2025$1,957,2005,1203,3856.5 mi
77
IN-919288
Gravel · Off grid
417.9Aug 17, 2024$979,1002,3432,4025.0 mi
75
IN-868011
Dirt · Full utilities
165.7Jul 14, 2025$1,008,0006,0833,7401.8 mi
69
IN-787324
Gravel · Off grid
100.7Sep 14, 2024$442,5004,3923,0275.9 mi
63
IN-597461
Dirt · Off grid
111.3Nov 1, 2024$424,7003,8183,1201.6 mi
60
IN-817278
Dirt · Off grid
97.4Feb 26, 2024$487,8005,0064,0641.5 mi
57
Show adjustment detail for the top comp
  • Tract size (382.29 ac → 503.08 ac)-7.9%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (9 mo)+3.0%

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.