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Marshall County, IN · Sold

IN-517067

3707 County Road 249

$600,400
$7,179/ac · 83.63 ac
Acreage83.63 ac
Price per acre$7,179/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographySloped
ListedJul 19, 2025
Coordinates41.2781, -86.3064
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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
32
Moderate risk
Wetlands3.9% of tract

Little to no mapped wetland coverage.

Average slope27.3%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,154 ft of deeded road frontage.

Power6,648 ft away

A long utility run — price in solar/off-grid instead.

Buildable area48.22 of 83.63 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$620,497
$539,535$701,458 · $7,420/ac on 83.63 ac
Asking vs estimate
-3.2%
In line with 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 $600,400
Maximum allowable offer
$354,569
$4,240/ac · +30.0% target margin

You need $245,831 off asking to hit this margin.

All-in cost$384,707
Net resale$570,857
Projected profit$186,149
ROI+48.4%
Annualized+69.3%
Break-even resale$5,000/ac
Profit if resale lands off target
-20%
$71,978
-10%
$129,064
0%
$186,149
+10%
$243,235
+20%
$300,321
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-316643
Dirt · Power at road
61.5Jul 27, 2026$571,9009,2988,5933.9 mi
81
IN-556066
Paved · Power at road
40.5Jul 27, 2026$476,30011,7607,2875.1 mi
79
IN-177848
Gravel · Full utilities
147.3Mar 20, 2026$1,162,8007,8976,4510.9 mi
79
IN-706896
Gravel · Off grid
73.9Jun 15, 2024$626,3008,4778,9874.3 mi
76
IN-468781
Dirt · Off grid
289.5Jul 27, 2026$1,284,0004,4367,1965.9 mi
75
IN-978083
Dirt · Off grid
174.6Nov 29, 2025$745,7004,2716,1746.9 mi
70
IN-435628
Landlocked · Power at road
29.5Jul 27, 2026$204,6006,9367,0647.3 mi
69
Show adjustment detail for the top comp
  • Tract size (61.51 ac → 83.63 ac)-6.7%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Power at road → Off grid)-15.0%

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.