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Marshall County, IN · Sold

IN-674218

1210 County Road 116

$85,400
$8,041/ac · 10.62 ac
Acreage10.62 ac
Price per acre$8,041/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesFull utilities
TopographyWooded
ListedMay 10, 2025
Coordinates41.3395, -86.2765
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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

1 item to verify before you offer.

Risk index
29
Low risk
Wetlands6.1% of tract

Little to no mapped wetland coverage.

Average slope3.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area9.47 of 10.62 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$105,215
$94,140$116,289 · $9,907/ac on 10.62 ac
Asking vs estimate
-18.8%
Priced below the comp set

Weighted from 9 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 $85,400
Maximum allowable offer
$60,123
$5,661/ac · +30.0% target margin

You need $25,277 off asking to hit this margin.

All-in cost$65,233
Net resale$96,798
Projected profit$31,564
ROI+48.4%
Annualized+69.2%
Break-even resale$6,677/ac
Profit if resale lands off target
-20%
$12,205
-10%
$21,885
0%
$31,564
+10%
$41,244
+20%
$50,924
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-123782
Dirt · Off grid
7.7Jul 27, 2026$56,0007,2318,0333.4 mi
81
IN-274389
Dirt · Power at road
12.0Sep 2, 2025$128,80010,71310,8644.8 mi
76
IN-435628
Landlocked · Power at road
29.5Jul 27, 2026$204,6006,9369,5837.8 mi
76
IN-556066
Paved · Power at road
40.5Jul 27, 2026$476,30011,7609,8853.4 mi
70
IN-164808
Gravel · Off grid
16.3Nov 23, 2024$168,80010,37111,3203.4 mi
68
IN-852184
Dirt · Full utilities
2.4Jul 27, 2026$33,10013,60710,0337.2 mi
67
IN-922237
Gravel · Power at road
2.5Dec 4, 2025$34,70013,70110,8963.9 mi
62
IN-511913
Gravel · Power at road
2.0Feb 15, 2025$21,00010,4808,5624.3 mi
56
IN-182451
Gravel · Power at road
3.0Jul 12, 2024$35,50012,03110,1556.1 mi
55
Show adjustment detail for the top comp
  • Tract size (7.74 ac → 10.62 ac)-2.3%
  • Access (Dirt → Landlocked)-20.9%
  • Utilities (Off grid → Full utilities)+43.5%

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.