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Marshall County, IN · Sold

IN-608857

1911 County Road 366

$911,900
$2,982/ac · 306 ac
Acreage306 ac
Price per acre$2,982/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesOff grid
TopographyWooded
ListedSep 13, 2025
Coordinates41.3233, -86.1946
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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

5 items to verify before you offer.

Risk index
45
Moderate risk
Wetlands12.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power10,792 ft away

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

Buildable area255.10 of 305.84 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$880,779
$750,244$1,011,313 · $2,880/ac on 306 ac
Asking vs estimate
+3.5%
In line with 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 $911,900
Maximum allowable offer
$503,302
$1,646/ac · +30.0% target margin

You need $408,598 off asking to hit this margin.

All-in cost$546,083
Net resale$810,316
Projected profit$264,234
ROI+48.4%
Annualized+69.2%
Break-even resale$1,941/ac
Profit if resale lands off target
-20%
$102,170
-10%
$183,202
0%
$264,234
+10%
$345,265
+20%
$426,297
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-468781
Dirt · Off grid
289.5Jul 27, 2026$1,284,0004,4363,4591.7 mi
89
IN-719002
Gravel · Off grid
339.7Oct 27, 2025$1,421,3004,1843,0339.0 mi
82
IN-359255
Gravel · Off grid
408.1Jul 27, 2026$1,299,4003,1842,3639.8 mi
80
IN-978083
Dirt · Off grid
174.6Nov 29, 2025$745,7004,2712,9680.9 mi
80
IN-177848
Gravel · Full utilities
147.3Mar 20, 2026$1,162,8007,8973,1016.9 mi
74
IN-269211
Landlocked · Off grid
395.3Apr 30, 2024$749,1001,8952,2415.9 mi
72
Show adjustment detail for the top comp
  • Tract size (289.46 ac → 305.84 ac)-1.6%
  • Access (Dirt → Landlocked)-20.9%

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.