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Marshall County, IN · Sold

IN-269211

6230 County Road 351

$795,200
$2,012/ac · 395 ac
Acreage395 ac
Price per acre$2,012/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesOff grid
TopographyMixed
ListedNov 4, 2023
Coordinates41.3751, -86.2860
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

2 items to verify before you offer.

Risk index
35
Moderate risk
Wetlands6.0% of tract

Little to no mapped wetland coverage.

Average slope8.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power2,784 ft away

Service extension needed; get a utility quote.

Buildable area352.96 of 395.25 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,103,730
$974,968$1,232,492 · $2,792/ac on 395 ac
Asking vs estimate
-28.0%
Priced below 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 $795,200
Maximum allowable offer
$630,703
$1,596/ac · +30.0% target margin

You need $164,497 off asking to hit this margin.

All-in cost$684,313
Net resale$1,015,432
Projected profit$331,119
ROI+48.4%
Annualized+69.2%
Break-even resale$1,882/ac
Profit if resale lands off target
-20%
$128,032
-10%
$229,576
0%
$331,119
+10%
$432,662
+20%
$534,205
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-359255
Gravel · Off grid
408.1Jul 27, 2026$1,299,4003,1842,1919.1 mi
89
IN-608857
Landlocked · Off grid
305.8Jul 27, 2026$980,3003,2052,9795.9 mi
85
IN-468781
Dirt · Off grid
289.5Jul 27, 2026$1,284,0004,4363,2087.1 mi
81
IN-719002
Gravel · Off grid
339.7Oct 27, 2025$1,421,3004,1842,8124.4 mi
79
IN-978083
Dirt · Off grid
174.6Nov 29, 2025$745,7004,2712,7526.8 mi
68
IN-177848
Gravel · Full utilities
147.3Mar 20, 2026$1,162,8007,8972,8766.3 mi
67
Show adjustment detail for the top comp
  • Tract size (408.05 ac → 395.25 ac)+1.0%
  • Access (Gravel → Landlocked)-32.0%

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.