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Madison County, IN · Sold

IN-703939

4266 County Road 304

$70,100
$8,085/ac · 8.67 ac
Acreage8.67 ac
Price per acre$8,085/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedFeb 28, 2025
Coordinates40.1535, -85.6945
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

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

View Madison market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
15
Low risk
Wetlands2.7% of tract

Little to no mapped wetland coverage.

Average slope13.5%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

472 ft of deeded road frontage.

Power3,778 ft away

Service extension needed; get a utility quote.

Buildable area6.75 of 8.67 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$66,353
$54,299$78,406 · $7,653/ac on 8.67 ac
Asking vs estimate
+5.6%
Priced above 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 $70,100
Maximum allowable offer
$37,916
$4,373/ac · +30.0% target margin

You need $32,184 off asking to hit this margin.

All-in cost$41,139
Net resale$61,045
Projected profit$19,906
ROI+48.4%
Annualized+69.2%
Break-even resale$5,158/ac
Profit if resale lands off target
-20%
$7,697
-10%
$13,801
0%
$19,906
+10%
$26,010
+20%
$32,115
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-803849
Landlocked · Off grid
8.1Jul 27, 2026$32,3003,9715,0115.3 mi
87
IN-404375
Dirt · Off grid
11.9Nov 6, 2025$81,9006,8827,2902.4 mi
86
IN-984246
Landlocked · Full utilities
10.8Jun 12, 2025$104,2009,6269,0576.1 mi
77
IN-312953
Paved · Off grid
4.3Nov 19, 2025$40,9009,6196,9523.6 mi
71
IN-254853
Dirt · Off grid
16.8Jul 4, 2025$121,1007,2008,0136.2 mi
71
IN-762558
Gravel · Off grid
3.2Aug 1, 2025$30,5009,5738,1822.9 mi
67
IN-805317
Gravel · Off grid
23.5Apr 27, 2025$181,5007,7127,7636.7 mi
63
IN-195421
Dirt · Off grid
25.4Nov 15, 2023$199,6007,8649,8424.4 mi
61
Show adjustment detail for the top comp
  • Access (Landlocked → Dirt)+26.5%

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.