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Marshall County, IN · Sold

IN-123782

1792 County Road 167

$63,600
$8,217/ac · 7.74 ac
Acreage7.74 ac
Price per acre$8,217/ac
ZoningRecreational
Road accessDirt
UtilitiesOff grid
TopographyMixed
ListedDec 17, 2025
Coordinates41.3581, -86.3375
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

1 item to verify before you offer.

Risk index
7
Low risk
Wetlands5.9% of tract

Little to no mapped wetland coverage.

Average slope4.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

504 ft of deeded road frontage.

Power1,986 ft away

Service extension needed; get a utility quote.

Buildable area6.92 of 7.74 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$70,135
$60,781$79,489 · $9,061/ac on 7.74 ac
Asking vs estimate
-9.3%
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 $63,600
Maximum allowable offer
$40,077
$5,178/ac · +30.0% target margin

You need $23,523 off asking to hit this margin.

All-in cost$43,484
Net resale$64,524
Projected profit$21,040
ROI+48.4%
Annualized+69.2%
Break-even resale$6,107/ac
Profit if resale lands off target
-20%
$8,136
-10%
$14,588
0%
$21,040
+10%
$27,493
+20%
$33,945
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-674218
Landlocked · Full utilities
10.6Jun 18, 2026$78,8007,4226,7413.4 mi
80
IN-274389
Dirt · Power at road
12.0Sep 2, 2025$128,80010,7139,8016.9 mi
72
IN-852184
Dirt · Full utilities
2.4Jul 27, 2026$33,10013,6079,05110.0 mi
69
IN-164808
Gravel · Off grid
16.3Nov 23, 2024$168,80010,37110,2126.9 mi
68
IN-922237
Gravel · Power at road
2.5Dec 4, 2025$34,70013,7019,8305.5 mi
64
IN-182451
Gravel · Power at road
3.0Jul 12, 2024$35,50012,0319,1618.5 mi
57
Show adjustment detail for the top comp
  • Tract size (10.62 ac → 7.74 ac)+2.4%
  • Access (Landlocked → Dirt)+26.5%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (2 mo)+0.7%

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.