Marshall County, IN · Sold

IN-511913

1296 County Road 132

$20,000

$10,000/ac · 2.00 ac

Offer report Market this tract

Acreage2.00 ac

Price per acre$10,000/ac

ZoningMixed Use

Road accessGravel

UtilitiesPower at road

TopographyFlat

ListedDec 18, 2024

Coordinates41.3597, -86.3553

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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

3 items to verify before you offer.

Risk index

Moderate risk

Wetlands43.8% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope0.6%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

242 ft of deeded road frontage.

Power83 ft away

Power at or near the road.

Buildable area1.07 of 2.00 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$23,280

$19,577 – $26,984 · $11,640/ac on 2.00 ac

Asking vs estimate

-14.1%

Priced below the comp set

Weighted from 7 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 $20,000

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$13,303

$6,651/ac · +30.0% target margin

You need $6,697 off asking to hit this margin.

All-in cost$14,434

Net resale$21,418

Projected profit$6,984

ROI+48.4%

Annualized+69.2%

Break-even resale$7,844/ac

Profit if resale lands off target

-20%

$2,700

-10%

$4,842

$6,984

+10%

$9,126

+20%

$11,267

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IN-922237 Gravel · Power at road	2.5	Dec 4, 2025	$34,700	13,701	14,176	6.4 mi	84
IN-852184 Dirt · Full utilities	2.4	Jul 27, 2026	$33,100	13,607	13,053	10.7 mi	79
IN-123782 Dirt · Off grid	7.7	Jul 27, 2026	$56,000	7,231	10,451	0.9 mi	71
IN-182451 Gravel · Power at road	3.0	Jul 12, 2024	$35,500	12,031	13,212	9.3 mi	69
IN-674218 Landlocked · Full utilities	10.6	Jun 18, 2026	$78,800	7,422	9,721	4.3 mi	65
IN-890041 Landlocked · Power at road	0.5	Oct 20, 2025	$3,300	6,435	9,642	7.6 mi	62
IN-380159 Paved · Full utilities	0.6	Dec 21, 2023	$7,100	12,755	9,704	8.5 mi	52

Show adjustment detail for the top comp

Tract size (2.53 ac → 2 ac)+0.5%
Market time (8 mo)+2.9%

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.

Build the listing kit Post a deal or JV