IN-877374
9704 County Road 172
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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?
3 items to verify before you offer.
Little to no mapped wetland coverage.
Rolling to steep in places; pad prep likely.
Outside the mapped floodplain.
No legal access of record — resale is severely limited.
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 $290,688 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 | 3,025 | 3.1 mi | 87 |
| IN-907357 Dirt · Off grid | 103.2 | Jan 20, 2026 | $498,700 | 4,833 | 3,901 | 9.7 mi | 85 |
| IN-547431 Dirt · Off grid | 108.9 | Mar 23, 2025 | $407,900 | 3,747 | 3,170 | 5.0 mi | 78 |
| IN-437636 Paved · Off grid | 126.3 | Jul 14, 2025 | $761,900 | 6,033 | 3,815 | 4.8 mi | 76 |
| IN-496841 Landlocked · Power at road | 71.0 | Feb 14, 2026 | $298,300 | 4,201 | 3,327 | 7.8 mi | 76 |
| IN-836438 Landlocked · Off grid | 53.0 | May 20, 2024 | $193,100 | 3,642 | 3,415 | 1.7 mi | 73 |
| IN-298906 Dirt · Off grid | 316.9 | Jul 27, 2026 | $769,000 | 2,427 | 2,604 | 5.3 mi | 72 |
| IN-478547 Landlocked · Power at road | 244.3 | Dec 29, 2025 | $533,400 | 2,183 | 2,393 | 3.7 mi | 71 |
| IN-938737 Paved · Power at road | 280.4 | Dec 9, 2025 | $2,209,900 | 7,882 | 5,191 | 4.8 mi | 70 |
| IN-816509 Dirt · Off grid | 55.8 | May 13, 2025 | $249,700 | 4,473 | 3,226 | 9.5 mi | 66 |
Show adjustment detail for the top comp
- Tract size (68.08 ac → 104.45 ac)-9.6%
- 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.