IN-984246
5842 County Road 360
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Madison County, Indiana. Tillable ground plus small recreational tracts near the Hoosier National Forest.
View Madison market data →Step 1 · Is this a deal?
4 items to verify before you offer.
Partial wetlands. Verify the delineated build envelope.
Gentle grade, straightforward to develop.
Moderate flood hazard on part of the tract.
No legal access of record — resale is severely limited.
Power at or near the road.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 8 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $46,504 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| IN-404375 Dirt · Off grid | 11.9 | Nov 6, 2025 | $81,900 | 6,882 | 8,131 | 3.7 mi | 83 |
| IN-703939 Dirt · Off grid | 8.7 | Feb 1, 2026 | $61,800 | 7,131 | 8,132 | 6.1 mi | 81 |
| IN-803849 Landlocked · Off grid | 8.1 | Jul 27, 2026 | $32,300 | 3,971 | 5,589 | 9.0 mi | 81 |
| IN-805317 Gravel · Off grid | 23.5 | Apr 27, 2025 | $181,500 | 7,712 | 8,658 | 1.0 mi | 67 |
| IN-254853 Dirt · Off grid | 16.8 | Jul 4, 2025 | $121,100 | 7,200 | 8,937 | 12.2 mi | 66 |
| IN-312953 Paved · Off grid | 4.3 | Nov 19, 2025 | $40,900 | 9,619 | 7,754 | 8.0 mi | 64 |
| IN-762558 Gravel · Off grid | 3.2 | Aug 1, 2025 | $30,500 | 9,573 | 9,126 | 8.6 mi | 59 |
| IN-195421 Dirt · Off grid | 25.4 | Nov 15, 2023 | $199,600 | 7,864 | 10,977 | 8.4 mi | 56 |
Show adjustment detail for the top comp
- Tract size (11.9 ac → 10.83 ac)+0.8%
- Access (Dirt → Landlocked)-20.9%
- Utilities (Off grid → Full utilities)+43.5%
- Market time (9 mo)+3.2%
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.