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Parke County, IN · Sold

IN-230302

8717 County Road 143

$10,000
$16,129/ac · 0.62 ac
Acreage0.62 ac
Price per acre$16,129/ac
ZoningMixed Use
Road accessPaved
UtilitiesFull utilities
TopographyWooded
ListedSep 28, 2025
Coordinates39.8135, -87.1846
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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

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
25
Low risk
Wetlands10.7% of tract

Little to no mapped wetland coverage.

Average slope9.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area0.53 of 0.62 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$9,826
$8,472$11,180 · $15,848/ac on 0.62 ac
Asking vs estimate
+1.8%
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 $10,000
Maximum allowable offer
$5,615
$9,056/ac · +30.0% target margin

You need $4,385 off asking to hit this margin.

All-in cost$6,092
Net resale$9,040
Projected profit$2,948
ROI+48.4%
Annualized+69.2%
Break-even resale$10,681/ac
Profit if resale lands off target
-20%
$1,140
-10%
$2,044
0%
$2,948
+10%
$3,852
+20%
$4,756
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-110398
Landlocked · Off grid
0.7May 18, 2026$4,8007,20518,1407.7 mi
81
IN-631007
Gravel · Off grid
1.0May 3, 2026$8,8008,47214,5846.4 mi
74
IN-381387
Gravel · Off grid
1.4Jul 27, 2026$9,5006,90611,8137.4 mi
72
IN-381736
Paved · Off grid
1.8Jul 27, 2026$19,40011,00916,0227.3 mi
72
IN-241096
Gravel · Power at road
1.1Feb 12, 2026$12,00010,79815,9557.0 mi
71
IN-511347
Gravel · Off grid
1.3Jun 13, 2025$14,10010,58318,9474.1 mi
66
IN-701704
Gravel · Power at road
1.7Dec 18, 2024$17,0009,89715,4135.6 mi
60
Show adjustment detail for the top comp
  • Access (Landlocked → Paved)+73.5%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (3 mo)+1.0%

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.