IN-816509
9296 County Road 147
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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?
1 item to verify before you offer.
Little to no mapped wetland coverage.
Gentle grade, straightforward to develop.
Outside the mapped floodplain.
1,664 ft of deeded road frontage.
A long utility run — price in solar/off-grid instead.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 10 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 $92,404 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| IN-776783 Landlocked · Off grid | 68.1 | Apr 28, 2026 | $225,000 | 3,305 | 4,417 | 10.5 mi | 78 |
| IN-907357 Dirt · Off grid | 103.2 | Jan 20, 2026 | $498,700 | 4,833 | 5,695 | 3.7 mi | 77 |
| IN-496841 Landlocked · Power at road | 71.0 | Feb 14, 2026 | $298,300 | 4,201 | 4,858 | 6.9 mi | 76 |
| IN-836438 Landlocked · Off grid | 53.0 | May 20, 2024 | $193,100 | 3,642 | 4,986 | 10.3 mi | 72 |
| IN-547431 Dirt · Off grid | 108.9 | Mar 23, 2025 | $407,900 | 3,747 | 4,628 | 6.3 mi | 69 |
| IN-437636 Paved · Off grid | 126.3 | Jul 14, 2025 | $761,900 | 6,033 | 5,570 | 8.5 mi | 65 |
| IN-805317 Gravel · Off grid | 23.5 | Apr 27, 2025 | $181,500 | 7,712 | 6,015 | 7.3 mi | 64 |
| IN-254853 Dirt · Off grid | 16.8 | Jul 4, 2025 | $121,100 | 7,200 | 6,209 | 8.4 mi | 63 |
| IN-877374 Landlocked · Off grid | 104.5 | Aug 15, 2024 | $527,100 | 5,046 | 7,988 | 9.5 mi | 63 |
| IN-195421 Dirt · Off grid | 25.4 | Nov 15, 2023 | $199,600 | 7,864 | 7,626 | 7.9 mi | 62 |
Show adjustment detail for the top comp
- Tract size (68.08 ac → 55.82 ac)+4.4%
- Access (Landlocked → Dirt)+26.5%
- Market time (4 mo)+1.3%
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.