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Marshall County, IN · Sold

IN-177848

3516 County Road 211

$1,195,100
$8,116/ac · 147 ac
Acreage147 ac
Price per acre$8,116/ac
ZoningMixed Use
Road accessGravel
UtilitiesFull utilities
TopographyRolling
ListedMay 5, 2025
Coordinates41.2874, -86.3179
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

No material red flags on the mapped layers.

Risk index
12
Low risk
Wetlands9.7% of tract

Little to no mapped wetland coverage.

Average slope8.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,830 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area126.32 of 147.25 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,223,409
$980,962$1,465,856 · $8,308/ac on 147 ac
Asking vs estimate
-2.3%
In line with the comp set

Weighted from 9 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 $1,195,100
Maximum allowable offer
$699,091
$4,748/ac · +30.0% target margin

You need $496,009 off asking to hit this margin.

All-in cost$758,514
Net resale$1,125,536
Projected profit$367,023
ROI+48.4%
Annualized+69.2%
Break-even resale$5,599/ac
Profit if resale lands off target
-20%
$141,915
-10%
$254,469
0%
$367,023
+10%
$479,576
+20%
$592,130
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-517067
Gravel · Off grid
83.6Jul 27, 2026$530,2006,3397,9100.9 mi
82
IN-978083
Dirt · Off grid
174.6Nov 29, 2025$745,7004,2717,6867.2 mi
80
IN-608857
Landlocked · Off grid
305.8Jul 27, 2026$980,3003,2058,3196.9 mi
77
IN-316643
Dirt · Power at road
61.5Jul 27, 2026$571,9009,29810,6994.4 mi
77
IN-359255
Gravel · Off grid
408.1Jul 27, 2026$1,299,4003,1846,1193.1 mi
75
IN-468781
Dirt · Off grid
289.5Jul 27, 2026$1,284,0004,4368,9596.4 mi
74
IN-719002
Gravel · Off grid
339.7Oct 27, 2025$1,421,3004,1847,8534.9 mi
74
IN-706896
Gravel · Off grid
73.9Jun 15, 2024$626,3008,47711,1894.3 mi
66
IN-269211
Landlocked · Off grid
395.3Apr 30, 2024$749,1001,8955,8036.3 mi
57
Show adjustment detail for the top comp
  • Tract size (83.63 ac → 147.25 ac)-13.3%
  • Utilities (Off grid → Full utilities)+43.5%

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.