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Marshall County, IN · Sold

IN-719002

2438 County Road 345

$1,733,300
$5,102/ac · 340 ac
Acreage340 ac
Price per acre$5,102/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedOct 12, 2025
Coordinates41.3489, -86.3638
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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

1 item to verify before you offer.

Risk index
6
Low risk
Wetlands4.2% of tract

Little to no mapped wetland coverage.

Average slope5.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,042 ft of deeded road frontage.

Power1,076 ft away

Service extension needed; get a utility quote.

Buildable area309.17 of 339.71 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,404,479
$1,189,625$1,619,332 · $4,134/ac on 340 ac
Asking vs estimate
+23.4%
Priced above the comp set

Weighted from 6 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 $1,733,300
Maximum allowable offer
$802,559
$2,362/ac · +30.0% target margin

You need $930,741 off asking to hit this margin.

All-in cost$870,777
Net resale$1,292,120
Projected profit$421,344
ROI+48.4%
Annualized+69.2%
Break-even resale$2,786/ac
Profit if resale lands off target
-20%
$162,920
-10%
$292,132
0%
$421,344
+10%
$550,556
+20%
$679,768
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-608857
Landlocked · Off grid
305.8Jul 27, 2026$980,3003,2054,5819.0 mi
89
IN-359255
Gravel · Off grid
408.1Jul 27, 2026$1,299,4003,1843,3696.4 mi
87
IN-468781
Dirt · Off grid
289.5Jul 27, 2026$1,284,0004,4364,9339.4 mi
82
IN-177848
Gravel · Full utilities
147.3Mar 20, 2026$1,162,8007,8974,4234.9 mi
77
IN-978083
Dirt · Off grid
174.6Nov 29, 2025$745,7004,2714,2329.7 mi
73
IN-269211
Landlocked · Off grid
395.3Apr 30, 2024$749,1001,8953,1964.4 mi
73
Show adjustment detail for the top comp
  • Tract size (305.84 ac → 339.71 ac)-3.0%
  • Access (Landlocked → Gravel)+47.1%

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.