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Parke County, IN · Sold

IN-516005

6426 County Road 145

$241,300
$6,227/ac · 38.75 ac
Acreage38.75 ac
Price per acre$6,227/ac
ZoningUnzoned
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedAug 19, 2024
Coordinates39.7623, -87.2823
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

4 items to verify before you offer.

Risk index
50
Moderate risk
Wetlands41.1% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope0.9%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power152 ft away

Power at or near the road.

Buildable area21.68 of 38.75 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$314,058
$246,856$381,260 · $8,105/ac on 38.75 ac
Asking vs estimate
-23.2%
Priced below the comp set

Weighted from 8 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 $241,300
Maximum allowable offer
$179,462
$4,631/ac · +30.0% target margin

You need $61,838 off asking to hit this margin.

All-in cost$194,716
Net resale$288,933
Projected profit$94,217
ROI+48.4%
Annualized+69.2%
Break-even resale$5,462/ac
Profit if resale lands off target
-20%
$36,430
-10%
$65,324
0%
$94,217
+10%
$123,110
+20%
$152,004
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-215911
Dirt · Off grid
36.2Jul 27, 2026$207,2005,7246,6681.8 mi
90
IN-415506
Paved · Power at road
27.0Sep 9, 2025$198,5007,3545,2455.3 mi
78
IN-985897
Gravel · Off grid
35.8Mar 27, 2025$308,7008,6159,0985.2 mi
75
IN-407072
Dirt · Power at road
83.9Apr 9, 2026$666,2007,9389,4686.9 mi
74
IN-426369
Gravel · Off grid
50.4Aug 31, 2024$291,1005,7716,6440.9 mi
73
IN-225804
Gravel · Off grid
33.5Mar 15, 2025$320,8009,57710,0106.5 mi
72
IN-946347
Gravel · Power at road
49.6Jul 17, 2024$407,1008,2028,0409.3 mi
68
IN-864521
Dirt · Off grid
13.2Apr 11, 2025$127,8009,67010,3611.3 mi
67
Show adjustment detail for the top comp
  • Tract size (36.19 ac → 38.75 ac)-1.2%
  • 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.