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Parke County, IN · Sold

IN-407072

161 County Road 212

$641,200
$7,640/ac · 83.93 ac
Acreage83.93 ac
Price per acre$7,640/ac
ZoningRecreational
Road accessDirt
UtilitiesPower at road
TopographySloped
ListedJul 6, 2025
Coordinates39.7036, -87.1773
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

Parke County, Indiana. Tillable ground plus small recreational tracts near the Hoosier National Forest.

View Parke market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
20
Low risk
Wetlands2.8% of tract

Little to no mapped wetland coverage.

Average slope22.1%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,194 ft of deeded road frontage.

Power16 ft away

Power at or near the road.

Buildable area48.95 of 83.93 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$515,047
$424,821$605,273 · $6,137/ac on 83.93 ac
Asking vs estimate
+24.5%
Priced above the comp set

Weighted from 10 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 $641,200
Maximum allowable offer
$294,313
$3,507/ac · +30.0% target margin

You need $346,887 off asking to hit this margin.

All-in cost$319,330
Net resale$473,843
Projected profit$154,514
ROI+48.4%
Annualized+69.2%
Break-even resale$4,136/ac
Profit if resale lands off target
-20%
$59,745
-10%
$107,129
0%
$154,514
+10%
$201,898
+20%
$249,282
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-215911
Dirt · Off grid
36.2Jul 27, 2026$207,2005,7245,6737.3 mi
78
IN-516005
Dirt · Power at road
38.8Sep 21, 2025$217,9005,6234,9656.9 mi
70
IN-618542
Gravel · Power at road
243.4Feb 14, 2026$1,340,9005,5086,40011.4 mi
69
IN-946347
Gravel · Power at road
49.6Jul 17, 2024$407,1008,2026,8404.5 mi
67
IN-798550
Dirt · Off grid
244.9Nov 2, 2025$885,8003,6185,8274.8 mi
67
IN-957786
Gravel · Power at road
140.8Feb 27, 2024$760,2005,4005,8345.7 mi
65
IN-657837
Dirt · Full utilities
146.1Oct 8, 2023$1,129,0007,7298,1565.6 mi
65
IN-426369
Gravel · Off grid
50.4Aug 31, 2024$291,1005,7715,6537.7 mi
63
IN-415506
Paved · Power at road
27.0Sep 9, 2025$198,5007,3544,4629.0 mi
62
IN-985897
Gravel · Off grid
35.8Mar 27, 2025$308,7008,6157,7409.6 mi
61
Show adjustment detail for the top comp
  • Tract size (36.19 ac → 83.93 ac)-16.0%
  • Utilities (Off grid → Power at road)+17.6%

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.