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Marshall County, IN · Sold

IN-556066

1769 County Road 396

$529,800
$13,081/ac · 40.50 ac
Acreage40.50 ac
Price per acre$13,081/ac
ZoningRecreational
Road accessPaved
UtilitiesPower at road
TopographyWooded
ListedJan 20, 2026
Coordinates41.3138, -86.2211
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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

No material red flags on the mapped layers.

Risk index
6
Low risk
Wetlands3.7% of tract

Little to no mapped wetland coverage.

Average slope7.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,290 ft of deeded road frontage.

Power93 ft away

Power at or near the road.

Buildable area37.05 of 40.50 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$513,894
$453,490$574,298 · $12,689/ac on 40.50 ac
Asking vs estimate
+3.1%
In line with 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 $529,800
Maximum allowable offer
$293,654
$7,251/ac · +30.0% target margin

You need $236,146 off asking to hit this margin.

All-in cost$318,615
Net resale$472,783
Projected profit$154,168
ROI+48.4%
Annualized+69.2%
Break-even resale$8,551/ac
Profit if resale lands off target
-20%
$59,611
-10%
$106,890
0%
$154,168
+10%
$201,446
+20%
$248,724
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-316643
Dirt · Power at road
61.5Jul 27, 2026$571,9009,29813,8991.4 mi
83
IN-435628
Landlocked · Power at road
29.5Jul 27, 2026$204,6006,93611,4254.6 mi
82
IN-517067
Gravel · Off grid
83.6Jul 27, 2026$530,2006,33910,2755.1 mi
79
IN-164808
Gravel · Off grid
16.3Nov 23, 2024$168,80010,37113,4970.7 mi
68
IN-706896
Gravel · Off grid
73.9Jun 15, 2024$626,3008,47714,5361.7 mi
66
IN-274389
Dirt · Power at road
12.0Sep 2, 2025$128,80010,71312,9534.1 mi
64
Show adjustment detail for the top comp
  • Tract size (61.51 ac → 40.5 ac)+8.7%
  • Access (Dirt → Paved)+37.2%

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.