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Marshall County, IN · Sold

IN-182451

8021 County Road 98

$35,000
$11,864/ac · 2.95 ac
Acreage2.95 ac
Price per acre$11,864/ac
ZoningUnzoned
Road accessGravel
UtilitiesPower at road
TopographyRolling
ListedMay 16, 2024
Coordinates41.3899, -86.1795
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

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

View Marshall market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
16
Low risk
Wetlands14.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

350 ft of deeded road frontage.

Power13 ft away

Power at or near the road.

Buildable area2.38 of 2.95 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$35,693
$30,088$41,299 · $12,099/ac on 2.95 ac
Asking vs estimate
-1.9%
In line with 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 $35,000
Maximum allowable offer
$20,396
$6,914/ac · +30.0% target margin

You need $14,604 off asking to hit this margin.

All-in cost$22,130
Net resale$32,838
Projected profit$10,708
ROI+48.4%
Annualized+69.3%
Break-even resale$8,154/ac
Profit if resale lands off target
-20%
$4,141
-10%
$7,424
0%
$10,708
+10%
$13,992
+20%
$17,276
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-852184
Dirt · Full utilities
2.4Jul 27, 2026$33,10013,60712,93210.3 mi
84
IN-922237
Gravel · Power at road
2.5Dec 4, 2025$34,70013,70114,0443.1 mi
83
IN-511913
Gravel · Power at road
2.0Feb 15, 2025$21,00010,48011,0359.3 mi
71
IN-123782
Dirt · Off grid
7.7Jul 27, 2026$56,0007,23110,3548.5 mi
69
IN-674218
Landlocked · Full utilities
10.6Jun 18, 2026$78,8007,4229,6306.1 mi
67
IN-274389
Dirt · Power at road
12.0Sep 2, 2025$128,80010,71314,0039.6 mi
60
IN-164808
Gravel · Off grid
16.3Nov 23, 2024$168,80010,37114,5905.0 mi
57
IN-380159
Paved · Full utilities
0.6Dec 21, 2023$7,10012,7559,6137.1 mi
51
Show adjustment detail for the top comp
  • Tract size (2.43 ac → 2.95 ac)-0.5%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Full utilities → Power at road)-18.0%

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.