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Parke County, IN · Sold

IN-110398

4685 County Road 72

$5,400
$8,060/ac · 0.67 ac
Acreage0.67 ac
Price per acre$8,060/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesOff grid
TopographyRolling
ListedJan 19, 2026
Coordinates39.7432, -87.2975
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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

3 items to verify before you offer.

Risk index
46
Moderate risk
Wetlands10.8% of tract

Little to no mapped wetland coverage.

Average slope7.6%

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.

Power8,566 ft away

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

Buildable area0.57 of 0.67 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$4,102
$3,577$4,628 · $6,123/ac on 0.67 ac
Asking vs estimate
+31.6%
Priced above 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 $5,400
Maximum allowable offer
$2,344
$3,499/ac · +30.0% target margin

You need $3,056 off asking to hit this margin.

All-in cost$2,543
Net resale$3,774
Projected profit$1,231
ROI+48.4%
Annualized+69.3%
Break-even resale$4,126/ac
Profit if resale lands off target
-20%
$476
-10%
$853
0%
$1,231
+10%
$1,608
+20%
$1,986
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-230302
Paved · Full utilities
0.6Jul 27, 2026$9,00014,5815,8647.7 mi
83
IN-631007
Gravel · Off grid
1.0May 3, 2026$8,8008,4725,8531.4 mi
80
IN-381387
Gravel · Off grid
1.4Jul 27, 2026$9,5006,9064,7417.0 mi
75
IN-241096
Gravel · Power at road
1.1Feb 12, 2026$12,00010,7986,4032.6 mi
75
IN-381736
Paved · Off grid
1.8Jul 27, 2026$19,40011,0096,4298.0 mi
71
IN-511347
Gravel · Off grid
1.3Jun 13, 2025$14,10010,5837,6036.6 mi
68
IN-701704
Gravel · Power at road
1.7Dec 18, 2024$17,0009,8976,1854.7 mi
61
Show adjustment detail for the top comp
  • Access (Paved → Landlocked)-42.4%
  • Utilities (Full utilities → Off grid)-30.3%

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.